Reliance Nippon Life's Guaranteed Money Back Plan and Policy - The Guaranteed Money Back Plan offered by Reliance Life Insurance Company provides you guaranteed money back benefits at regular intervals. With the reliance Guaranteed Money Back plan, you can easily fulfil you and your family’s financial needs. Apart from offering guaranteed money back, the plan also safeguards your savings. In your absence, it will take care of your family members by waiving all future premiums. The Reliance Guaranteed Money Back plan is a non-participating, non-linked money back plan. You can utilize the fund received from this policy to pay off your debts, fund your children’s education, arrange pleasure trips, buying gifts for your near and dear ones etc.
The Reliance Guaranteed Money Back plan comes with the following key features:
Total sum assured |
Rebate on per Rs.1000 sum assured |
For less than 1, 00,000. |
Nil |
` Rs. 10,00,000 and above. |
Rs. 4 |
Rs. 5, 00,000 and above, but < 10, 00,000. |
Rs. 3 |
Rs. 2,50,000 and above, but < 5,00,000. |
Rs. 2 |
Rs. 1,00,000 and above, but < 2,50,000 |
Rs. 1 |
Mode of Premiums |
Rebate |
Monthly |
Nil |
Qutaerly |
Ni |
Half-yearly |
2.5% |
Yearly |
5% |
The Reliance Guaranteed Money Back plan offers you the following benefits:
Entry age |
Minimum: 18 years Maximum: · 58 years for a policy of 15 years. · 55 years for a policy of 20 years. |
Maturity age |
Minimum: 33 years. Maximum: 75 years. |
Reliance Saving & Investment Life Insurance Plans and Policy |
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Reliance Protection Plans |
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Reliance Nippon Life Online Income Protect |
Reliance Retirement Plans |
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Reliance Nippon Life Pension Builder |
Reliance Nippon Life Immediate Annuity Plan |
Reliance Nippon Life Smart Pension Plan |
Reliance ULIP Plans |
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Reliance Nippon Life Premier Wealth Insurance Plan |
Reliance Nippon Life Smart Savings Insurance Plan |
Reliance Nippon Life Classic Plan II |
Reliance Child Insurance Plans |
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Reliance Nippon Life Education Plan |