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:

    Thanks for the answer Hemanth and Ashal

    Regards

    Bijay

  2. ashalanshu says:

    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

  3. Hemanth Chandra says:

    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.

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