Reliance Life Term Insurance Plans

Reliance Term Insurance Riders

A rider is an optional add-on to a term life insurance policy that offers supplementary benefits or coverage beyond the basic policy, such as critical illness protection or accidental death benefits. Here are the riders provided by Reliance Term Insurance Plans:

1. Reliance Major Surgical Benefit Rider

• Reliance Term Insurance provides coverage for 33 surgeries, including open heart surgery, kidney transplantation, cornea transplantation, and lung transplantation.
• It offers a lump sum amount to cover surgical expenses.
• This rider helps safeguard against the financial burden of major surgeries.

2. Reliance Critical Conditions (25) Rider

• This rider covers 25 critical conditions such as cancer, heart attack, paralysis, and major organ transplants.
• It provides a lump sum amount to assist with the expenses associated with critical illnesses.
• This rider offers additional financial protection in case of severe health conditions.

3. Reliance Family Income Benefit Rider

• This rider ensures a monthly benefit of 1% of the sum assured (12% per annum).
• Payments begin on the date of death or total and permanent disablement due to accident or sickness.
• The rider benefit continues until the end of the rider policy term or for a maximum of 10 years, whichever is later.
• It provides financial support to the family in the event of the policyholder's unfortunate demise or disability.

4. Reliance Accidental Death and Total and Permanent Disablement Rider (Regular Premium)

• Reliance Term Insurance plan offers additional death and disability benefits if the insured passes away or becomes disabled due to an accident.
• This rider includes the benefit of a premium waiver in case of disability.
• Provides extra financial protection in the case of accidental death or permanent disability.

5. Reliance Accidental Death and Total and Permanent Disablement Rider (Limited Premium)

• This rider provides supplementary coverage for accidental death and total or permanent disability.
• Offers the benefit of a premium waiver in case of disability.
• It gives an added layer of financial security against accidents resulting in death or disability.