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

Reliance Nippon Life Immediate Annuity helps you earn a regular income for your entire life. This is a Single Premium plan where you pay a lump sum premium amount, and opt for a suitable Annuity Option as per your requirements. Based on the opted Annuity Option and selected payout frequency, you start receiving regular annuity income.

  • 1

    Convert your earnings in to regular income

  • 2

    Get regular income (Annuity) for your entire life

  • 3

    Leave behind a legacy for your family

  • 4

    Live life to the fullest, even after retirement

  • 5

    Receive tax benefits


Disclaimer

For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale. UIN for Reliance Nippon Life Immediate Annuity Plan:121N012V02

One Time Payment - Pay premium only once

Whole Life Guaranteed Income - Get guaranteed whole life income (Annuity)

Flexibility: 

  • Choose your annuity from 3 different annuity payout options
  • Life Annuity
  • Life Annuity with Return of purchase price
  • Life Annuity guaranteed for 5, 10 or 15 years and payable for life thereafter
  • Select your annuity payout frequency - Monthly, Quarterly, Half yearly or Annually
 

Ease of enrollment - No medical tests required

Tax benefits -  Enjoy tax benefits on the premiums paid and benefits received, as per applicable Income Tax laws

Disclaimer

For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale. UIN for Reliance Nippon Life Immediate Annuity Plan:121N012V02

How does the plan work?

Let’s take an example:

 1) Selects Annuity option - Life Annuity with return of purchase price on death and chooses              the Annuity payout frequency 

2) Pays one time premium of Rs. 5,00,000 p.a. (excluding service tax)

3) Receives guaranteed monthly income of Rs. 2,371 p.m. (i.e. Rs. 28,455 p.a.)

4) Enjoys regular monthly income for whole of life

5) Assuming that Mr. Mohan dies at the age of 80 Years, the total income he receives till his              death is Rs.5.7 lakh

6) His nominee receives the Purchase Price of Rs.5 lakh- (Premium paid excluding service                 tax) as lump sum Death Benefit



Disclaimer

For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale. UIN for Reliance Nippon Life Immediate Annuity Plan:121N012V02

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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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