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  • 5 Reasons
    To Buy
  • Benefits
  • How this
    Plan Works

The most exciting experience is when your child takes his first step, but you also worry if he would fall. Reliance Nippon Life Child Plan is tailor-made for parents like you, to see your child grow up to achieve all that you dreamt for him, irrespective of life's uncertainties. The plan ensures your child receives the guaranteed benefits at key milestones of their life, even in your absence, without the worry of paying future premiums. 

  • 1

    Protect your child’s future, come what may

  • 2

    Fund your child’s higher education

  • 3

    Support your child in achieving his/her dreams

  • 4

    Support your child in setting up his/her own business

  • 5

    Focus on your child's development, free from financial worries


Disclaimer

For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale. UIN for Reliance Nippon Life Child Plan: 121N003V02

Guaranteed Periodic Benefits : Receive guaranteed benefits, irrespective of survival of the Life Assured,

  • Get 25% of Sum Assured* on each of the last three policy anniversaries before maturity

 

Maturity benefit: At maturity of the policy, get

  • Guaranteed Sum Assured at maturity: 25% of Sum Assured*
  • Vested bonuses, which accrue every year
  • Non-Negative Capital Guarantee, if any

 

Protection for your family:

  • Get life cover for the entire policy term
  • All future premiums are waived and Guaranteed Periodic Benefit along with Guaranteed Sum Assured at Maturity continue for your family

 

Flexibility:

  • Choose your policy term: 10 to 20 years
  • Premium payment mode: Yearly, half yearly, quarterly or monthly

 

Tax benefits: Get tax benefit on investment and on returns, as per the applicable income tax laws

* Sum Assured is equal to base Sum Assured plus High Sum Assured Addition Benefit, if any.

Disclaimer

For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale. UIN for Reliance Nippon Life Child Plan: 121N003V02

Let’s take an example:

Arun (Life Assured), aged 35 years, opts for Reliance Nippon Life Child Plan and:

  • i) Selects a policy term of 16 years and Base Sum Assured amount of Rs.4,05,405. ii) Pays an annual premium of Rs.30,000 p.a. (exclusive of taxes), assuming that he is in good health. iii) Gets Guaranteed Periodic benefit 25% of (Base Sum Assured plus High Sum Assured Addition, if any) on each of the last three policy anniversaries before maturity, irrespective of his survival. iv) Receives Guaranteed Sum Assured at maturity 25% of (Base Sum Assured plus High Sum Assured Addition benefit, if any) plus Vested Bonuses and Non-Negative Capital Guarantee addition, if any, at maturity. v) In the unfortunate event of his demise, his nominee receives a lump sum amount as death benefit, all future premiums are waived off and all the Guaranteed policy benefit continue.



Disclaimer

For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale. UIN for Reliance Nippon Life Child Plan: 121N003V02

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  • Shivrana Jinsiwal

    Patna

    “I am sure about the benefits that I will get after maturity...“

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  • Shailesh Arya

    Mumbai

    “Kudos to the team for the excellent work....“

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  • Vanita Damodar Vangera

    Karnataka

    “Payment is easy and quick. You get all the details on phone....“

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