Reliance Nippon Life Bal Nivesh One Time Plan and Policy
Reliance Nippon Life Bal Nivesh One Time Plan and Policy - We always strive to add that extra bit of happiness to our loved ones lives. So, why not add an extra layer of protection to their life by utilizing that idle money lying in your bank account or the lupm sum you just received.
Benefits - Reliance Nippon Life Bal Nivesh One Time Plan and Policy
Maturity Benefit:
On survival of the Life Assured till the end of the Policy Term, provided the policy is in force, the
Guaranteed* Sum Assured on Maturity which is equal to the Base Sum Assured, will be paid to the
policyholder.
Guaranteed* Sum Assured on Maturity which is equal to the Base Sum Assured, will be paid to the
policyholder.
Death Benefits:
In unfortunate event of death of the Life Assured, provided the policy is in force as on the date of
death, Sum Assured on Death will be payable.
death, Sum Assured on Death will be payable.
Sum Assured on Death is highest of:
- 10 times Single Premium,
- Absolute amount assured to be paid on Death which is equal to the Base Sum Assured,
- Guaranteed* Sum Assured on Maturity,
- Death Benefit is subject to 125% of the Single Premium paid excluding any underwriting extra
- 10 times Single Premium,
- Absolute amount assured to be paid on Death which is equal to the Base Sum Assured,
- Guaranteed* Sum Assured on Maturity,
- Death Benefit is subject to 125% of the Single Premium paid excluding any underwriting extra
premium and taxes.
- The policy will terminate on payment of the death benefit.
Disclaimer
UIN for Reliance Nippon Life Bal Nivesh - One Time: 121N118V01
*Guaranteed returns is the guaranteed sum assured payable on maturity.
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