Benifit on the death of Insured person
I had Purchased a Policy form HDFC Standard Life Insurance Co. ,Policy Name Wealth Builder,Policy No. 13822330,annual premium 2,50000. As per policy terms Sum Assured must be 5 times of the annual premium i.e. 12.5 L , Policy term is 15 Years.On death of Insured person nominee of the insured person will be benifitted with Fund Value or Sum Assured which ever is greater. Continue reading