Under term insurance, the insured would receive the sum assured if he survives for the term stated in the policy.

Name: Under term insurance, the insured would receive the sum assured if he survives for the term stated in the policy.
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Under term insurance, the insured would receive the sum assured only in case of his death during the term stated in the policy. If he survives till the end of the policy term, he would not receive any payout.

Under Term Insurance, the Insured Would Receive the Sum Assured