On death, the Sum Assured on death + accrued reversionary bonuses + Terminal Bonus, if any, is paid The Sum Assured on death is higher of 10 times or 7 times the annual premium as per age or the basic Sum Assured The death benefit should be a minimum of 105% of all premiums paid till death On maturity, the vested reversionary bonus and Terminal Bonus, if any, is paid On survival till every 5 years, money back benefits will be paid as a % of Sum Assured depending on the policy term chosen Income tax benefit on the premium paid as per Section 80C and on claims received as per Section 10(10D) of the Income Tax Act.