Reliance Money Back Plan Review
Reliance Money Back Plan is offered by the Reliance Life Insurance Company. Money Back Plan means the insured gets a percentage of sum assured at periodic intervals. Some of the plans provide the bulge sum amount at the end of the policy term. This Reliance Guaranteed Money Back Plan also provides the maturity sum assured, on the death of insured. To fulfill your family desires, this Money Back Plan will provide the sum assured at regular intervals. This Reliance Life Money Back Plan offers the money for important/special occasions such as starting a business, a family vacation, even owning that dream house, saving for your children’s education, developing their career, and planning for their wedding. It is an endowment plan that has a benefit of liquidity. So, buy this Reliance Money Back Plan to avail benefits. Visit the official website of Reliance Life to purchase this policy through online.
There is an advantage of choosing your premium. The premium will be calculated based on the Age, Premium Payment Mode, Policy Term, Basic Sum Assured.
Reliance Money Back Plan is a Non-Linked, Non-Participating, Non-Variable, Money Back Insurance Plan. It is a limited premium payment. Every year, it gives guaranteed additions on maturity. On the death of insured, the nominee will get the sum assured and other guaranteed additional benefits. The policyholder can also save tax as per the premiums paid and the income received in installments are extant tax laws. For more information regarding Tax Benefits, visit www.taxqueries.in.
Reliance Money Back Plans Benefits
Reliance offers the best policies with a broad range of benefits for you and your family. For Reliance Cash Back Plans, there are salient features, benefits that mentioned below. Reliance Money Back Plan offers customized policy that can enclose almost any need that you might have.
Reliance Cash Back Plans Benefits
- Death Benefit: The sum assured on death is 10 times of the annualized premium payable to the nominee.
- Maturity Benefit: Bulge sum of maturity with 100% sum assured plus bonus.
- Tax Benefit: You can get tax benefit on Reliance Money Back Plan for premiums paid under section 80(80C) as per IT (Income Tax) Act for the death benefit received by the insured family members.
As per the plan adopted, the features of Reliance Money Back Plans are varied.
Reliance Life Money Back Plans
Reliance Life Insurance Company provides the best and all types of Reliance Money Back Plans. They give the guaranteed additional benefits and eligibility criteria details in the Reliance Money Back Plan. The benefits are covered as per the plan opted. So please refer the Reliance Money Plans that were given below.
List of Reliance Life Cash Back Plans
- Reliance’s Guaranteed Money Back Plan.
- Reliance Fixed Money Back Plan.
- Reliance Super Money Back Plan.
Overview of Reliance Life Insurance Money Back Plans
Reliance’s Guaranteed Money Back Plan is a limited premium payment term or regular premium term. It gives the income at regular intervals of time. The policy terms are 15 and 20 years. The guaranteed money back will be given by the Reliance during the last five policy years. The guaranteed loyalty additions were provided by the company up to 40% of sum assured. At the time of maturity, Guaranteed Maturity Addition is up to 20% of sum assured. To know more benefits about this Reliance Money Back Plan, refer the below link.
Reliance’s Guaranteed Money Back Plan
Reliance Fixed Money Back Plan is an anticipated endowment plan. It offers the fixed periodic bulge sums in the last five years of the policy term. On survival of the life assured, the fixed money back and guaranteed maturity benefits will be paid to the policyholder. The policy terms are 15 and 20 years. The premium paying terms are 5, 7, and 10 years. The premium payment modes are monthly (ECS), quarterly, half-yearly, and yearly. It gives benefits for riders also. To know other details about Reliance Money Back Plan – Reliance Fixed Money Back Plan, use the below link.
Reliance Fixed Money Back Plan
Reliance Super Money Back Plan provides guaranteed payouts at regular income. Every year, the regular monthly income payouts will be increased. It gives at least 10 times the annualized premium for entire policy term. Choose one of the policy terms from 10, 20, 30, 40 and 50 years. The premium paying term is half of the policy term. Loyalty addition will be added at the end of the premium paying term. And the maturity addition will be added at the end of the policy term. To get more benefits and eligibility criteria of this plan, refer the below link.
Reliance Super Money Back Plan
Reliance Life Insurance Contact Details
For any queries call to the Reliance Life Insurance Customer care. (Or) Visit the nearest branch of Reliance Life Insurance.
The Toll-Free Numbers are 3033 8181, 1800 3000 8181.
The official website of Reliance Life Insurance is www.reliancelife.com.
Reliance Life Insurance Related Posts
Here, we are providing the related posts of the Reliance Life Insurance. Click the below links, if you want to know the details about the Reliance Life Insurance Login, Reliance Money Back Plan Online Payment, Reliance Life Insurance Money Back Plan Forms, Reliance Money Back Plan Premium Calculator, and Reliance Life Insurance Recruitment.