The lump sum benefit paid is often used to eliminate debts, pay for medical expenses or fund permanent lifestyle changes.When an insured becomes permanently disabled on the basis of any illness or any accident, the insured is paid a lump sum amount. In the above mentioned circumstances, the insured has to show that the injuries have been so severe that he cannot go back to his own daily routine or cannot finance himself or his family, in such cases, the insurance will be paid to him in the form of