Ramesh, aged 35, is a software professional who lives with his wife, Geeta, a homemaker and a lovely 5 year old daughter, Renuka.
Ramesh’s family recently moved into their own house. They are delighted that their long cherished dream has finally become a reality. However, Ramesh has to pay a considerable home loan EMI and is worried about the repayment of such a large loan in case of an eventuality, given that his wife and young daughter are financially dependent on him. Also, he is concerned about how to take care of their other financial needs, if he is not around.
He shares his concerns with his friend, Sumit, who suggests that he should take a life insurance cover from Reliance Life Insurance Company. Ramesh opts for Reliance Nippon Life Term Plan. He covers himself in following three easy steps:
Step 1: He selects the Insurance Cover (Sum Assured) and gets a quote from our representative
Step 2: He fills up the application form along with his personal and health details, and submits it along with a cheque for the premium payable
Step 3: Subsequently, required medical tests are conducted
Based on his application, the policy gets issued with the applicable life cover. Ramesh is now relieved as he has adequately secured himself against unforeseen events.
3 years later: Ramesh meets with an unfortunate accident and passes away. It takes his wife, Geeta, some time to come to terms with the reality that Ramesh is no longer around and she alone has to take care of their daughter, Renuka. Geeta approaches the nearest branch of Reliance Life Insurance with Ramesh’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.
Geeta is worried about how she will provide for her family’s needs and Renuka’s education expenses. However, within a few days, the claim amount cheque of Ramesh’s term policy from Reliance Life Insurance is delivered to Geeta at her home.
She is overwhelmed with relief. While her emotional gap can never be filled, she can now provide for Renuka’s education and marriage, as planned with Ramesh.
For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale. UIN for Reliance Nippon Life Term Plan - 121N005V03