Compare & Buy Car, Bike and Health Insurance Online - InsuranceDekho
Track & Policy DownloadLogin
Hurry Up!
Save upto ₹54,600 in taxes under 80C & 80D. Buy a term insurance plan now!
View Plans

Maturity Benefits

Maturity benefits is a lump sum provided to the life assured in case he/she survives the entire policy tenure. The maturity benefit is provided to the life assured at the end of the policy term and it also qualifies for tax exemptions.

dot
1 Crore Life Cover starting from just ₹16/Day*
1 Crore Life Cover starting from just ₹16/Day*
  • Tax Benefit
    Tax Benefit
    Up to 1,50,000**
  • Claim Support
    Claim Support
    Everyday 10AM-7PM
  • 45 Lacs+
    45 Lacs+
    Happy Customers

*Standard Terms and Conditions Apply.

**Tax benefits are subject to changes in Income Tax Act.

What Are Maturity Benefits Of Life Insurance Policy?

Under a life insurance policy a death benefit is provided in case of an unforeseen demise of the life assured during the policy tenure but some life insurance policies provide a maturity benefit. In case the life assured survives the entire policy tenure, a maturity benefit is provided to the life assured at the end of the policy term. Maturity benefits refers to a lump sum amount that the insurance company provides to the life assured after the life insurance policy matures and in case the life assured has survived the entire policy tenure.

Term Life Insurance Premium Calculator

Gender

  • Male
  • Female

Age

Do you smoke or chew tobacco?

  • Yes
  • No

Choose required coverage to secure your family’s future

50L
1Cr
1.5Cr
2Cr
Disclaimer :
1. Premium has been calculated for coverage till 60 years
2. Final Plan Eligibility will depend on some other factors including tobacco habits, education, occupation and income of the life assured / proposer

Types Of Life Insurance Policies That Offer Maturity Benefits

Some life insurance policies provide maturity benefits at the end of the policy tenure in case the life assured survives the entire policy term. Below mentioned is a list of types of life insurance policy that offer maturity benefits:

  1. Term Insurance With Return Of Premiums (TROP): Term insurance policies with return of premium are basically protection plans that provide death benefit in case of an untimely demise of the life assured during the policy tenure and also provides a maturity benefit after the insurance policy terminated, in case the life assured survives the policy tenure.
  2. Endowment Plans: Endowment plans are considered as a combination of investment cum insurance plans. Under endowment plans, the life assured is provided a maturity benefit in case the life assured survives the policy tenure along with accumulated bonuses (if any) as this life insurance policy is participating in nature.
  3. Unit-Linked Insurance Plans (ULIPs): Unit-linked insurance plans are market linked insurance plans wherein the part of the premiums are invested in market linked investment options to generate returns and remaining premiums are utilized for life cover. Under ULIPs a maturity benefit is provided upon the life assured’s survival during the entire policy term.

Life Insurance Companies User Reviews

What users are saying
  • Hassle-Free Policy Purchase

    Buying Axis Max Life Insurance was seamless with InsuranceDekho. Their website showed me different plans, premium details, and benefits in one place. The purchase process was straightforward, and I received my policy document without any trouble. Highly recommended!

    R
    Axis Max
    By Rajesh Verma
    On: February 25, 2025
  • Smooth Claim Settlement

    I had to file a claim for my HDFC Life Insurance, and I was unsure how to proceed. InsuranceDekho guided me through the entire process and helped me submit the necessary documents. The claim was settled smoothly, and their team was very supportive throughout.

    P
    HDFC
    By Priya Deshmukh
    On: February 25, 2025
  • Helped with Policy Renewal

    Renewing my TATA AIA Life Insurance was easy with InsuranceDekho. I received timely reminders, and their customer support explained the renewal benefits. The process was quick, and I didn’t have to worry about missing the due date. Great service!

    A
    TATA AIA
    By Anil Sharma
    On: February 25, 2025
  • Securing Family

    I was looking for a meaningful gift for my niece’s wedding when I came across the Life Insurance policy from InsuranceDekho. I gifted her LIC Life Insurance, and there couldn’t have been a better gift for her future. Thank you, team. You are doing a wonderful job. 

    S
    LIC
    By Sandeep Bishnoi
    On: June 24, 2024
  • Perfect Gift for my family

    My parents are getting older, I surprised them with a life insurance policy from Bajaj Allianz Life Insurance. I purchased it through InsuranceDekho; the process was smooth and a totally easy breeze. Thank you team, for helping me secure my family.

    A
    Bajaj Allianz
    By Asraf Ali
    On: June 24, 2024

Latest Life Insurance News

Best Insurance Advisors in Your City.