Additional Features or Riders-wealth-builder-ii-plan

Under certain terms and conditions, the sum assured amount can be increased or decreased. The Premium Paying Term and the Policy Term can also be increased or decreased under certain pre-set conditions. There is an option of availing Income Benefit Rider under the plan. Exclusions The insurance gets nullified if the person insured commits suicide within a year from the initials of policy cover. In that case, only 80% of the premium paid (excluding any payment for taxes and extra premium for buying riders) is refunded. Either 80% of the premium or the surrender value is refunded to the beneficiary if the insured commits suicide within one year of policy reinstated.