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  • 5 Reasons
    To Buy
  • Benefits
  • How this
    Plan Works
Reliance Traditional Group Superannuation Plan is a yearly renewable fund based group product. It enables employers to outsource fund management and related administration to reliance life insurance company limited for their superannuation scheme.
 
The benefits payable under this product are governed by the scheme rules of the individual employer's superannuation scheme.
  • 1

    Avail expert professional fund management services.

  • 2

    Get guaranteed returns with an upside.

  • 3

    Opt for additional protection at competetive rates.

  • 4

    Get free of administrative hassles of the scheme.

  • 5

    Avail tax benefits as per applicable tax laws.


Disclaimer
For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale. UIN for Reliance Traditional Group Superannuation Plan:121N092V03
 
  • Expert fund management services: We will assist you to manage your fund  liabilities for your superannuation schemes

 

  • Additional Interest Rate: Receive Additional Interest Rate, if any, on your Policy Account in the beginning of every financial quarter during the policy term

 

  • Additional Protection: You may opt for rider coverage. For details refer to the section on riders.

 

  • Tax benefits: Get tax benefits as per applicable tax laws

 

Disclaimer
For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale. UIN for Reliance Traditional Group Superannuation Plan:121N092V03

How to enroll for Reliance Traditional Group Superannuation Plan?

  • Sparsh India Solutions (SIS) is a manufacturing company. They want to outsource their group superannuation fund management to Reliance Life Insurance Company Limited (RLIC). For this, they shared the scheme details and employee data in the prescribed format.

 

  • The employer, SIS, is the Master Policyholder for this Master Policy.

 

  • RLIC accepted the contribution amount based on the actuarial valuations, provided by an independent qualified actuary. The contributions can be made in monthly, quarterly, half yearly or yearly mode or as a lump sum at periodic intervals as agreed with RLIC, depending on the funding requirements. Also, the past service liability contribution can be paid either in a lump sum or in installments. Contributions are accepted only through the employer, SIS.

 

 

  • RLIC undertakes fund management and administration of the SIS’s group superannuation scheme

 

  • SIS is able to manage their superannuation funds without any administrative hassles

 

  • Employees who exit the group receive their superannuation amount within a given timeframe

 



Disclaimer
For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale. UIN for Reliance Traditional Group Superannuation Plan:121N092V03
Contact me
I / we unconditionally agree to share mine / our Personal Information with the Reliance Group for the purpose of facilitating one view of all my transactions with the various Reliance Group Companies. However, in return I /we expect the Reliance Group of companies to keep mine / our personal information secure and confidential. I / We further understand that I / we may be offered various products and services by various Reliance Group Companies and for this purposes mine / ours’ personal information would be shared amongst the group companies in a secure and confidential manner.

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Review
  • 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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