Reliance Online Term Insurance : Claim wording bit confusing help?

[ankit]

I have purchased an online term Insurance Plan for SI 1.00 crore from Reliance Insurance. The Death benefits as mentioned in the policy schedule is written as below,

Maximum of

1. Sum Assured or
2. 10 times Annualised Premium or,
3. 105% of the premium paid as on date of death, excluding underwriting extra premium if any.

I am little bit concerned now with the above wordings which I think is confusing. If suppose after 10 years claim arises then will I be paid only maximum of these 3 options as stated in death benefits? Due to this confusion I am thinking of returning the policy in the Free look period. Kindly give your advice and solve my query.

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