Benefits of Wealth Builder Plan-wealth-builder-plan

In case the insured survives till the maturity of the policy, he or she receives a Maturity Benefit. The Maturity Sum Assured is calculated as double of the sum of all premiums paid. On the unfortunate demise of the policyholder, the nominee gets the Death Benefit, which is equal to the Sum Assured of the policy. Tax benefits can be availed on the premiums paid and the Death Benefit under sections 80(C) and 10 (10D) of the current Income Tax Act.