Do we get any benefit in term insurance at maturity ?

POSTED BY bijaybarik2000 ON March 31, 2014 8:29 pm COMMENTS (3)

Whether i will get back my premium at least for the term insurance after the maturity or like the medical insurance where we get benefit only when we are sick…. here also due to the term insurance plan my nominee will be benefited only when i die or what?

3 replies on this article “Do we get any benefit in term insurance at maturity ?”

  1. bijaybarik2000 says:
    April 1, 2014 at 11:31 am

    Thanks for the answer Hemanth and Ashal

    Regards

    Bijay

    Reply
  2. ashalanshu says:
    March 31, 2014 at 10:44 pm

    Dear Bijay, in case of term plan, there ‘ll be no maturity post policy completion. Yes in case your death happens during policy term, your nominee ‘ll get the sum assured.

    Thanks

    Ashal

    Reply
  3. Hemanth Chandra says:
    March 31, 2014 at 9:22 pm

    Dear Bijaybarik,

    Same question was already raised. Go through the below link of the thread.

    https://www.jagoinvestor.com/forum/what-happens-to-my-term-plan-premiums-on-maturity-period

    Regards,
    Hemanth.

    Reply

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