Term insurance policies do not normally provide any maturity benefit. The sum assured is paid as death benefit in the event of the policyholder's demise during the term period, and no payment is done if death does not occur. However, there is a maturity benefit in the case of Term Return of Premium policies. In case of such policies, if the policyholder survives the term period, all the premiums paid by them during the term is paid back by the insurance provider. This is in addition to the death benefit normally available under term plans.