On maturity, 30% of the Sum Assured is payable to the policyholder On death of the policyholder ,the full Sum Assured is paid to the nominee subject to a minimum of 105% of all premiums paid Survival benefits accrue in the 3rd, 6th, 9th and 12th policy year @ 10%, 15%, 20% and 25% respectively for a 15 year plan For a 20 year term, survival benefits accrue in the 4th, 8th, 12th and 16th policy year @ 10%, 15%, 20% and 25% respectively Income tax benefit on the premium paid as per Section 80C and on the claims received as per Section 10(10D) of the Income Tax Act.