Upon the unfortunate demise of the life insured prior to maturity, we shall pay to the
nominee the Basic Sum Assured plus the Basic Fund Value as on the date of intimation
of death. In addition we shall also pay the Top-up Sum Assured plus the Top-up Fund
Value as on the date of intimation of death.
Death benefit shall never be less than 105% of total premiums paid to date (excluding GST).
In case where the death of the Life Insured takes place prior to risk commencement date, only the
basic premiums paid (excluding GST, if any) shall be payable as the Death Benefit.