*Minimum installment premium is Rs. 2,000 for any mode.

Parameters

Minimum

Maximum

Age at entry (Years)

21 (last birthday)

60 (last birthday)

Age at maturity (Years)

26 (last birthday)

65 (last birthday)

Policy Term (Years)

5

30

Premium Payment Term (Years)

Equal to Policy Term

Premium (Rs.)

Rs.2000* 

No limit

Sum Assured (Rs.)

5,00,000

No limit

Premium payment mode

Yearly, Half-yearly or Quarterly mode

 
 
Riders:

 

To safeguard yourself and your family members against certain unfortunate events, we offer the following riders with this plan at a nominal cost. 

  1. Reliance Major Surgical Benefit Rider: Provides a lump sum amount to cover surgical expenses from a list of 33 surgeries including open heart surgery, kidney transplant, cornea transplantation, transplant of lungs and many more. 
  1. Reliance Critical Conditions (25) Rider: Provides a lump sum amount to take care of 25 critical conditions including cancer, heart attack, paralysis, major organ transplant and many more. 
  1. Reliance Family Income Benefit Rider: Provides a monthly benefit of 1% of Sum Assured every month (i.e.12% per annum). The benefit is payable from the date of death till the end of the rider Policy Term or 10 years whichever is later, in the event of death/total and permanent disablement due to accident or sickness, before the maturity of the policy. 
  1. Reliance Accidental Death and Total and Permanent Disablement Rider (Regular Premium): Provides an additional death/disability benefit if death/disability occurs directly as a result of an accident. Also, the waiver of premium benefit under the rider continues in the plan in case of disability. 
  1. Reliance Accidental Death and Total and Permanent Disablement Rider (Limited Premium): Provides an additional death/disability benefit if death/disability occurs directly as a result of an accident. Also, the waiver of premium benefit under the rider continues in the plan in case of disability.

For further details on all the conditions, exclusions related to the insurance riders, please read the rider terms and conditions carefully or contact our insurance advisors.

Disclaimer

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