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Reliance Nippon Life's Super Endowment Plan and Policy

Reliance Nippon Life's Super Endowment Plan and Policy - The Reliance Super Endowment Plan gives you the financial independence you need to make your dreams and your family's dreams come true in the future. The future holds many expected as well as unexpected expenses, and the Reliance Super Endowment Plan is a non-linked non participating endowment plan, that's been designed to save for your future along with giving you the required life cover. Get the savings and protection for you and your family to fulfil your dreams.

Key Features - Reliance Nippon Life's Super Endowment Plan and Policy

  1. You can receive basic sum assured on maturity or death
  2. All you need to do is pay for just half of the selected policy term, and get policy cover for the full policy term
  3. You can get more value for your money by way of high sum assured
  4. Get a great rebate and premium frequency discounts on your premium payments
  5. You can also add a rider to the endowment place, there are a wide range of Riders that are available and can be added to the plan.
  6. Under this plan you can also apply for a loan from the plan.
  7. Free look period of 15 days is provided to you, if you disagree to the terms and conditions of the policy you can return the policy to the company.
  8. Grace period of 30 days will be provided to the policyholder to make premium payments. In case the premium payments are of monthly modes then, the grace period is 15 days.

Key Benefits - Reliance Nippon Life's Super Endowment Plan and Policy

  1. Life cover: If during the policy, the person who’s life’s been covered under the plan. The company will pay the basic sum assured to the nominee of the policy, provided the premiums due have been paid and the policy is still in force. The policy terminates on payment of death benefit.
  2. Maturity Benefit: If the person whose life’s been covered under the plan survives the term of the policy, the Company will then pay the basic sum assured, provided the policy is in force and all premiums due have been paid. The policy terminates on payment of maturity benefit
  3. Rider Benefits: There are many optional rider benefits that are available during the premium paying term only. If these riders are opted for by the policyholder on payment of additional premium over and above the base premium provided conditions on riders (entry age, policy term, sum assured) are satisfied.

Eligibility - Reliance Nippon Life's Super Endowment Plan and Policy

The eligibility terms of this plan:

Particulars

Minimum

Maximum

Age

8 years

60 years

Maturity age

22 years

75 years

Minimum sum assured

Rs. 1, 00, 000

No limit

The policy details:

Policy Term

14 or 20 years

Premium paying terms

7 or 10 years

* Please note: The premium paying term is half of the selected policy term under this plan.

Premium Payment - Reliance Nippon Life's Super Endowment Plan and Policy

Let’s take the example of the below table that shows an annual premium on a monthly mode, without service tax & education cess, for basic sum assured of Rs. 1,00,000:

Age

Policy Term 14 years

Policy Term 20 years

Death Benefit

Maturity Benefit

15

9, 119

5, 173

1,00,000

1,00,000

25

9, 147

5, 208

1,00,000

1,00,000

35

9, 224

5, 327

1,00,000

1,00,000

45

9, 532

5, 732

1,00,000

1,00,000

* Please note: The premium paying term is half of the selected policy term under this plan.

Riders - Reliance Nippon Life's Super Endowment Plan and Policy

The riders available along with this plan is:

  1. Reliance Term Life Insurance Benefit Rider
  2. Reliance New Major Surgical Benefit Rider
  3. Reliance New Critical Conditions Benefit Rider
  4. Reliance Life Insurance Family Income Benefit Rider
  5. Reliance Accidental Death and Total and Permanent Disablement Rider.

Reliance Saving & Investment Life Insurance Plans and Policy

Reliance Saving & Investment Plans
Reliance Nippon Life's Guaranteed Money Back Plan
Reliance Nippon Life Fixed Savings
Reliance Nippon Life Bluechip Savings Insurance Plan
Reliance Nippon Life Increasing Income Insurance Plan
Reliance Nippon Life Fixed Money Back Plan
Reliance Nippon Life Lifelong Savings Plan
Reliance Nippon Life Future Income
Reliance Nippon Life Whole Life Income
Reliance Nippon Life Increasing Money Back Plan
Reliance Nippon Life Bal Nivesh One Time
Reliance Nippon Life Super Money Back Plan
Reliance Nippon Life Smart Cash Plus Plan
Reliance Nippon Life's Money Multiplier Plan
Reliance Nippon Life Endowment Plan
Reliance Nippon Life's Super Endowment Plan
Reliance Retirement Plans
Reliance Nippon Life Pension Builder
Reliance Nippon Life Immediate Annuity Plan
Reliance Nippon Life Smart Pension Plan
Reliance ULIP Plans
Reliance Nippon Life Premier Wealth Insurance Plan
Reliance Nippon Life Smart Savings Insurance Plan
Reliance Nippon Life Classic Plan II

Reliance Child Insurance Plans
Reliance Nippon Life Education Plan
Reliance Nippon Life Child Plan
Reliance Child Insurance Plans
Reliance Groups Insurance Plans
Reliance Employers Liability Solutions
Reliance Employee Protection Solutions
Reliance Group Saving Solutions