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Term Insurance : Reliance Life - Term Plan


Coverage (Features):
1.Get higher insurance protection at economical rates
2.Optional Accidental and Disablement Rider to enhance protection
3.Economical way to protect your family against financial liabilities Like loss of income and outstanding loans etc
4.Discount on premium rates for women
5.Suitable for business owners who want to cover the life of their key employees

General Exclusions: No claim will be paid on death, if the Life Assured, whether sane or insane, commits suicide within 12 months from the date of issue of this Policy or the date of any reinstatement of this Policy.


Details of Reliance Life - Term Plan
Grace Period: 30
Premium Cost: 12082
Premium Frequency: ANNUALLY, SEMI_ANNUALLY, QUARTERLY
Max Age at maturity: 65
Pre-mandatory Medicals: Data not available
Cost of Health Checkup: Data not available
Conversion Option: NO
Number of Riders Covered: 2
Accidental death benefit and total and permanent disability benefit rider payable if death occurs directly as a result of an accident and is intimated within 90 days of it occurrence. The Benefit payable is equal to the Rider Sum Assured.-
Waiver of premium If the Life Assured becomes totally and permanently disabled, then Reliance Life Insurance will waive all future premiums under the basic Policy and Riders up to a limit of Rs 40,000 p.a.-
Surrender Value: NO
Revival of Lapse Policy: Available within 3 years of lapse of policy
Income Tax benefit: Premium paid towards this policy will be eligible for tax benefit under Section 80 C under Income Tax Act
Clauses for Cancellation: Data not available


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Reliance Life - Term Plan
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