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reliance life insurance company (Reliance Life Insurance )
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Reliance Secure Child Plan

Name of Life Insurance Company Reliance Life Insurance Company
Product Name Reliance Secure Child Plan
Product / Plan. Child Plan ULIP.
Min – Max Premium 10, 000 – No Limit.
Min- Max Policy Term 10 -25 Year
Min – Max Premium Paying Term 10 -25 Year
Min- Max Sum Assured 25,000 - No Limit.
Min - Max Entry Age 30 Days – 15 Year for child and 21 Year – 50 Year.
Min – Max Entry Age if Rider opted 18 Year- 35 Year.
Min -Max Maturity age 31 Year – 70 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 3 year
Settlement Option N/A
Fund Option Fund G Fund,Equity Fund Return shield Fund(Fund 1) Infrastructure Fund ,Energy Fund . Midcap Fund ,Pure Equity Fund
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 Reliance Accidental Death & Total & Permanent Disablement Rider, Reliance Critical Illness Rider,Term insurance benefit Riders.
Switching Available 4 free switching are Available.
Tax Benefit Available under Sec-80 C ,80D and 10(10D).
Loan Option N/A
Top Up Allocation charges. N/ A
Premium Allocation Charges. 1st Year 25% depends on premium - 2nd Year 7% and 3rd Year 5% 11th Year onwards.4%.
Fund Management charges Fund G 1.25% p.a, Fund 1.25% p.a.Equity Fund 1.50% p.a.Return Shield Fund (Fund I) 1.25% p.a.Infrastructure Fund 1.50% p.a.,Energy Fund 1.50% p.a. Midcap Fund 1.50% p.a. Pure Equity Fund 1.50%.
Policy Administration charges. PAC will charge on the monthly basis.
Switching charges After 4 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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