hi harvin6, it depends on what life insurance plan type that you are referring to.

investment-linked life insurance = there is no maturity for this plan but however certain ILs have coverage term. this plan doesn't guarantee the amount that you will get back though. so it depends upon surrendering/end of term, is there any amount that you can get back.

traditional life insurance plan = this type of plan comes with maturity benefit. when it matures, yes you get a certain amount back.

term life insurance = a plan that has no cash value/surrender value. you purely pay just for the life insurance. when it reaches end of the term, you wont get any amount from the plan.

If your policy is an investment linked policy then you will get death payout formula as below

Death sum assured plus cash value + if any other bonuses applicable

Meaning if your death sum assured is 50k
And your cash value is 50k

Upon Death you will get 100k

However if you choose to surrender at that time, then you will get back 50k