Survival and Maturity Benefit Survival Benefits: Survival benefits are those payments which are paid during the term of the policy. The frequency of payment may vary from product to product. Maturity Benefits: Payment made at end of the policy term as shown in policy documents. Survival Benefit:   Survival benefit is paid only to In Force policies. Payments are made directly to customer on due date, if policy conditions are met. Maturity Benefit:   Maturity benefits are paid to In Force and Paid-up policies. Payments are made directly to customer on submission of discharge form and original policy documents.