Home |Life Insurance | If i bought a term life insurance and I end up paying till maturity age. What's my benefit then ? will I get any premium ?

If i bought a term life insurance and I end up paying till maturity age. What's my benefit then ? will I get any premium ?

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Shailesh Kumar, Co-founder, Insurance Samadhan verified
Answered on December 17,2021

Dear 

Pure Term Insurance offer sum assured on death only and nothing is payable on survival .

However , there are product available like Term insurance with return of premium paid . Such products are almost 50% more expensive .

One should buy pure term only which is logical decision .

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