Reliance Life Insurance Money Multiplier Plan
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- In detail
Make your family feel proud of your smartness in buying an insurance plan that best suits your need.
| Minimum | Maximum | |
| Age at Entry | 18 years | 55 years last birthday |
| Age at Maturity | 38 Yrs | 75 years last birthday |
| Policy Term | 10 years | |
| Premium | 22,000/- | |
| Premium Payment Term | Regular | |
| Premium Payment Mode | Yearly | |
| Minimum Sum Assured | Rs. 50,000/- | No Limit |
Double Life Cover Benefit:
1.Double the Basic Sum Assured, and
2.Accrued Guaranteed Loyalty Additions, if any.
Maturity Benefit:
1. Basic Sum Assured,
2. Basic Sum Assured,
3. Guaranteed Maturity Addition.
Tax Benefits:
2. Premiums paid get tax benefit u/s 80 C & 80D.
3. Maturity/Death proceeds get tax benefit u/s 10 (10D).
Key Points:
1. Regular Premium plan with an objective to provide protection and regular savings..
2. Surrender value acquired after payment of 3 full years premium and is payable after completion of 3 policy years.
3. Loans up to 80 of surrender value after policy acquires a surrender value.
4." A host of optional rider benefits to enhance life cover.
5." Reliance New Critical Conditions Rider, Reliance New Major Surgical Benefit Rider, Reliance Term Life Insurance Benefit Rider & Reliance
Accidental Death and Total and Permanent Disablement Rider.
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