https://img.etimg.com/photo/97521155.cmsCurrently, the maturity proceeds for all types of life insurance policies, which include death benefits, maturity benefits and accrued bonus, are tax-free if the premium does not exceed 10% of the sum assured for policies issued after 1 April 2012, and does not exceed 20% of the sum assured for policies issued between 1 April 2003 and 31 March 2012.
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