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reliance life insurance company (Reliance Life Insurance )
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Reliance wealth + Health Plan

Name of Life Insurance Company Reliance Life Insurance Company
Product Name Reliance wealth + Health Plan
Product / Plan. ULIP Endowment Plan
Min – Max Premium 2000- Depend on Sum Assured.
Min- Max Policy Term 10 -25 Year
Min – Max Premium Paying Term 10 -25 Year
Min- Max Sum Assured 25000 – No Limit.
Min - Max Entry Age 3 month – 19 Year. For child , 18 – 55 Year . Principle insured.
Min – Max Entry Age if Rider opted 18 – 55 Year
Min -Max Maturity age 65 Year
Death Benefit Higher of The Fund value or Sum Assured plus loyalty addition.
Survival Benefits N/A
Maturity Benefit. Higher of The Fund value or Sum Assured plus loyalty addition.
Free Look Period 15 Days
Automatic Cover Available
Surrender Available after 6 year
Settlement Option N/A
Fund Option Money market Fund,Gilt Fund. Corporate Fund, Equity Fund , Pure Equity Fund , Infrastructure Fund , Mid cap Fund , Energy Fund , Fund A , Fund B , Fund C
Partial withdrawals. Available after 3 year.
Loyalty Addition & Bonus N/ A
Top Up Min - Max 25% of total regular Premium paid..10,000 For single premium.
Increase & Decrease Sum Assured. N/ A
Increase & Decrease of Premium. N/ A
Premium Holiday option N/ A
Riders Available 1. Reliance Major Surgical Benefit Rider,2. Reliance Critical Conditions Rider.3. Reliance Term Life Insurance Benefit Rider -
Switching Available 52 free switching are Available.
Tax Benefit Available under Sec-80 C and 10(10D).
Loan Option N/ A
Top Up Allocation charges. 1.00%
Premium Allocation Charges. 1st Year 25% 2nd Year 5%, Onwards.
Fund Management charges Money market Fund- 1.25% ,Gilt Fund-1.25%, Carporate Fund-1.25%, Equity Fund 1.50 % , Pure Equity Fund 1.50% , Infrastrucutre Fund 1.50% , Mid cap Fund 1.50% , Energy Fund 1.50% , Fund A 1.45% , Fund B 1.38 % , Fund C 1.30%
Policy Administration charges. Rs-40 per month will be charged.
Switching charges After 52 free switches ,100 for each switch,
Mortality charges Depends on age, and Sum at Risk.
Surrender Charges Nil after completion of 6th policy year.
Partial withdrawal charges Only 6 partial withdrawal Available.
Company web sites. www.reliancelife.com

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