Reliance Term Insurance Review
Reliance Term Insurance is a plan offered by the Reliance Life Insurance Company. Reliance Life Insurance Term Plan is designed for the group. Reliance Online Term Insurance Plan is for both individual and group. It covers the life of groups of people. It offers protection to your family against the unexpected events that may hugely change your family’s lifestyle, in your absence. The Reliance Life Insurance e-Term Plan makes your presence to your family even after your death. The plan stops if the Insured Live longer than the term Insurance. There is no maturity benefit for the insured. There is a renewable option for this term plan, but it depends on the plan opted by the insured. It is a simple plan that policy benefits are given to the nominee chosen by the insured. Reliance Term Insurance covers the rider benefits also.
Along with Reliance Term Insurance Plan, Reliance Life Insurance offers the Protection Plans, Retirement Plans, Child Plans, Health Plans, Solutions for a group. Group Products can be as diverse as account holders of a bank or depositors, members of a cooperative society or even an association, employees of an organization. Individual and Group life insurance plans is a cost effective way securing peace of mind for insured and their family members.
Reliance Term Insurance Policy Details
Reliance Life Insurance provides various benefits for the Reliance Term Insurance Policy. The benefits are for the insured person and to their family members or for the nominee chosen by the insured. Following are the Reliance Term Insurance Policy benefits.
Reliance Life Insurance Term Policy Benefits
The Reliance Term Insurance benefits are
- Death Benefit.
- Maturity Benefit.
- Tax Benefit.
Death Benefit: If the insured had died within the policy period, then the sum assured will be payable to their family members or nominee chosen by the policyholder.
Maturity Benefit: No maturity benefit applicable to this term insurance plan.
Tax Benefit: You can get tax benefit on Reliance Term Insurance plan for premiums paid under Section 80C as per IT (Income Tax) Act for the death benefit received by the insured family members. For more information regarding Tax Benefits, visit www.taxqueries.in.
Reliance Life Insurance Term Plans
Reliance Life Insurance Company provides the best and all types of Reliance Term Insurance Plans. They give the additional coverages, benefits and other details in the Reliance Life Insurance Term Policies. The benefits are covered as per the plan opted. So please refer the Reliance Term Insurance Plans which are given below.
List of Reliance Term Insurance Plans
Individual Term Insurance Plans
- Reliance Term Plan.
- Reliance Online Term Plan.
Group Term Insurance Plans
- Reliance Group Term Assurance Plus.
- Reliance Group Term Assurance Plus EDLI.
Overview of Reliance Life Insurance Term Plans
Below, we are giving the brief details about each and every Reliance Term Insurance Plan of individual and group.
Reliance Term Plan is a policy that offers the affordable premium. It gives protection to the riders also. The minimum age is 21 years, and the maximum age is 6o years. The premium amount per annum is Rs. 2000. Sum assured is Rs. 3 lakhs and there is no limit. There are more benefits buying this term insurance plan. To know more about the Reliance Term Plan, click the below link.
Reliance Term Plan
Reliance Online Term Plan is a pure term insurance plan available at low premiums. The policy term is 10 years to 35 years. The sum assured is available from Rs. 25 Lacs. The death benefit will be calculated ten times of the annual premium. For more details about this Reliance Online Term Insurance Plan, refer the below link.
Reliance Online Term Plan
Reliance Group Term Insurance Plus offers the competitive premium rates with a comprehensive coverage. It is for both formal and informal groups. There is a special advantage that if you want to convert from group coverage to individual coverage. The tax deduction to pay premium is available for group members. To know more about this plan, click the below link.
Reliance Group Term Insurance Plus
Reliance Group Term Insurance Plus EDLI is a 1-year renewable contract. The benefits are available for both natural and accident death cases. The employers can get the premium from the range of Rs. 62,000 – Rs. 1,30,000. There are no survival benefits at the end of the contract. To get more information, refer the below.
Reliance Group Term Insurance Plus EDLI
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.
Corporate Office Address
Reliance Life Insurance Company
9th floor/10th floor, Building No. 2,
R-Tech Park, Nirlon Compound,
Next to Hub Mall, Behind I- Flex building,
Reliance Life Insurance Related Posts
Here, we are providing the related posts of the Reliance Insurance. Click the below links, if you want to know the details about the Reliance Life Insurance Login, Reliance Insurance Online Payment, Reliance Term Insurance Claim Procedure and Claim Form, and Reliance Life Insurance Recruitment.