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Reliance Nippon life insurance (Reliance Nippon life) is one of the main life insurance groups within the private sector in India. A joint task among the renowned Reliance Capital and Japan’s Nippon life insurance company, this life insurer has been serving 10 million customers, with the assistance of a powerful distribution network of over 800 branches and over 1,00,000 advisors. With more than 20 great insurance products in its portfolio, it caters to the various financial goals and safety necessities of its policyholders and allows them to build a fear-free future for their complete family.
Reliance Nippon life term Plans offer a clean method of availing protection in opposition to the unknown & damaging phases of life. They arrive with an easy life cover choice, without any investment aspect, and ensure that your family gets a guaranteed amount, in case something occurs to you. These plans are available at low premiums and assure the desired economic aid to your loved ones.
Term Plans Referred as the maximum and lower priced approach of ensuring protection against unforeseen situations. Via paying small premium amounts, you can opt for an insurance, which could be sufficient for your family to cover the liabilities and meet the day to day costs, even in your absence.Common Capabilities Of Reliance Nippon Life Term Plans
Simple non-linked plans at affordable prices.
No restriction on maximum sum assured.
Death advantages in case of demise of insured, however no benefits receivable at the time of maturity.
Income Tax benefits.
It is a comprehensive protection plan that not only provides a lump sum in case of any eventuality to meet immediate liabilities but also provides your family with a regular monthly income to ensure that they maintain the same standard of living even in your absence.
Reliance Nippon Life Online Term Plan is an ideal term insurance plan for today's generation. It provides you with a large cover at an affordable cost, along with the convenience of completely buying it online with just a few clicks.
Reliance Nippon Life Term Plan offers a large life insurance cover, at an affordable premium. While nothing can compensate the loss of life, we intend to provide you peace of mind.
The insured can construct a good investment portfolio by choosing a policy term which can offer great returns.
Loyalty additions can be used to enhance the insured’s retirement portfolio. Greater lump sums may be added as top to grow the insured’s retirement fund.
The insured also can select to increase his retirement age if required. Moreover, the insured will acquire a steady income depending on the annuity he chooses. Tax-free withdrawals of 1/3rd of the accrued price range upon retirement give the insured the liberty to fulfill wishes.
The Reliance protects the insured’s family by giving the minimal assured amount based on a number of premiums paid in case of the demise of the insured.
Moreover, tax benefits may be availed on investment in addition on returns as according to the income tax policies.
You can change your nominee anytime after the insurance issuance via filing duly signed Nomination form and self-attested KYC documents (address and identity proof of the nominee) at the nearest department. The change of nominee should be updated in records within 2 working days after receipt of the request and complete files at the department.
You can change your correspondence address post issue of the policy by filing a written request and address proof at the nearest branch.
Rider addition can be effected on any insurance date, submit issuance by submitting a duly signed request form submitted at the nearest branch. Any rider addition or deletion could be effected within.