Death Benefit
If the insured, who is the person protected under the policy, passes away, we will pay the death benefit to the person whom you select in your policy as beneficiary. The death benefit will be equal to the Current Sum Assured.
Current Sum Assured means the sum assured left after deduction of all advance payment(s) made for the benefits for Carcinoma-in-situ or Early Stage Malignancy, and Cancer from the Initial Sum Assured. The Initial Sum Assured means the protection amount that you have purchased.