When buying term insurance, which pay-out option should I choose?

I am buying a term plan and the insurance company is offering three pay-out options. In the first option, if something happens to me, the insurance company will pay the entire sum assured as a lump sum to the nominee. In the second option, they will be paying some amount as a monthly income for 10 years over and above the sum assured. And in the third plan, they are say

This article was originally published on September 21, 2020.