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reliance life insurance company (Reliance Life Insurance )
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Reliance Money Guarantee Plan

Name of Life Insurance Company Reliance Life Insurance Company
Product Name Reliance Money Guarantee Plan
Product / Plan. ULIP Endowment Plan
Min – Max Premium 10, 000 – No Limit.
Min- Max Policy Term 10 -30 Year
Min – Max Premium Paying Term 10 -30 Year
Min- Max Sum Assured 5 times of Annual premium – depends on premium
Min - Max Entry Age 30 Days – 55 Year
Min – Max Entry Age if Rider opted 18 – 59 Year
Min -Max Maturity age 18 Year- 80 Year.
Death Benefit Higher of The Fund value or Sum Assured
Survival Benefits N/A
Maturity Benefit. Higher of The Fund value or Sum Assured
Free Look Period 15 Days
Automatic Cover Available
Surrender Available after 3 year
Settlement Option Available
Fund Option Fund D , Fund E, Fund F,Return shiel , 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 Accidental Death and Total and Permanent Disablement Rider, Reliance Term Life Insurance Benefit Rider
Switching Available 4 free switching are Available.
Tax Benefit 80D,80C & 10(10D)
Loan Option N/A
Top Up Allocation charges. 1.00%
Premium Allocation Charges. 1st Year 30% depends on premium - 2nd Year 7% and 3rd Year onwards.
Fund Management charges Fund D 1.35% , Fund E 1.38%, Fund F 1.40%,Return shiel1.25% , 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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