Kartik, aged 30, is a Marketing professional who lives with his wife, Namita, who is a homemaker and they are recently blessed with a baby girl, Nitika.
Kartik’s family recently moved into their own house. They are delighted that their long cherished dream has finally become a reality. However, Kartik has to pay a considerable home loan EMI and is worried about the repayment of such a large loan. He is the primary earning member of his family and wants to protect his family from any eventuality, since his wife and young daughter are financially dependent on him.
He shares his concerns with his friend, Rohit, who suggests that he should take a life insurance cover. Kartik does an online search and opts for Reliance Nippon Life Online Term. He enrolls for the life cover in three easy steps:
Step 1: He chooses the Sum Assured of Rs. 1 crore and Policy Term of 30 years
Step 2: Fills up his personal and health details in a simple online application form
Step 3: Uploads the required documents and makes the premium payment of Rs. 6,514 (excluding service tax & cess and assuming he is non-smoker and is in good health)
Based on his response to health questionnaire, medical test may be required. A medical test gets conducted at the time and place of his convenience and it is arranged by the Company. Based on his application, his policy gets issued with the applied life cover. Kartik is now relieved as he has adequately secured himself against any unforeseen events.
3 years later:
Kartik meets with an unfortunate accident and passes away. It takes his wife, Namita, some time to come to terms with the reality that Kartik is no longer around and she alone has to take care of their daughter Nikita. Namita approaches the nearest branch of Reliance Nippon Life Insurance with Kartik’s Policy Document.
The branch’s customer care executive helps her in completing the necessary claim forms, gives her the acknowledgement immediately and forwards the documents to the claims department.
Namita is worried about how she will provide for her family’s needs and Nikita’s education expenses. However, within a few days the claim amount cheque for Rs. 1 crore of Kartik’s Reliance Nippon Life Online Term plan is delivered to Namita at her home.
She is overwhelmed with relief. While her emotional gap can never be filled, she can now provide for Nikita’s education and marriage, as planned with Kartik.
*All medicals except treadmill test at applicable locations. T&C apply.
For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale. Reliance Nippon Life Online Term 121N099V01