Term insurance is a type of life insurance policy that provides coverage at a fixed rate of payments for a limited period of time, the relevant term.

After the period expires, coverage at the previous rate of premiums is no longer guaranteed and you must either forgo coverage or potentially obtain further coverage with different payments or conditions.

If the insured dies during the term, the death benefit will be paid to the nominee.

Refer the link to view the HDFC Policy Document.