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• Reliance Nippon Life's Super Endowment Plan and Policy

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:

The policy details:

* 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:

* 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.