Kotak Headstart Child assure plan

Kotak Headstart Child assure plan:-

Feature:-

Create wealth for your child’s future financial needs.

Ensure financial security of your child through Triple Benefit

Invest in a wide range of funds

Key Features

Provide a Planned Corpus for Your Child

Your investments in the funds available with this plan will help you fulfill your child’s dreams. You will receive the Fund Value in Main Account plus Fund Value in Top Accounts (if any) when the policy matures.

Enhance Protection for Your Loved Ones1

On the unfortunate event of death of the Life Insured, the beneficiary will get Triple Benefit as mentioned below:

Basic Sum Assured paid immediately Premium Waiver – Future Premium payment obligation ceases and All future premiums will be added to the Fund Value Customize your fund portfolio to suit your risk profile Kotak Headstart Child Assure offers you the flexibility to choose from a wide array of funds that are diverse enough to suit your risk–return profile. You also have the option to switch from one fund to another for greater control over your investments. The funds offered in this plan are: Investment Options Risk- Return Profile Equity Debt (Including Money Market Instruments*) Classic Opportunities Fund Aggressive 75-100% 0-25% Frontline Equity Fund Aggressive 60-100% 0-40% Balanced Fund Moderate 30-60% 40-70% Dynamic Floor Fund II Cautious 0-75% 25-100% Bond Fund Conservative 100% Floating Rate Fund Conservative Gilt Fund Conservative Money Market Fund Secure 0-75% 100% Enjoy flexibility through convenient payment options This plan offers you the flexibility of a shorter premium payment term of 5 years for a policy term of 10 years and 10 years for policy terms 15 to 25 years. Further, you can pay your premiums annually and half-yearly as per your requirement. Avail the benefit of liquidity through Partial Withdrawals and policy loans To ensure that your long-term investments provide ample liquidity to take care of your emergency financial needs, this plan offers you the option of Partial Withdrawals and policy loans. You can avail of a loan up to 40% of the Fund Value to meet any contingency, provided premiums for two policy years have been paid in full. After completion of five policy years, you get additional liquidity through Partial Withdrawals contact for insurance:- sanjay tomer                                        09466423767

Kotak Child Advantage Plan

Kotak Child Advantage Plan:-

On maturity you would receive the higher of the basic sum assured or the Accumulation Account*.

The amount available in the Accumulation Account is invested in various financial instruments (as per IRDA regulations) which implies that your money works hard to earn more for your child.

The Automatic Cover Maintenance facility ensures the policy remains in force even if you miss premium payments. This facility is available after full premiums for the first three years are paid.

You can take a loan against this children's plan, after the policy has been in force for at least three years.

You have the option of paying premiums monthly, quarterly, half yearly or yearly.

Bonus

The premiums paid by you net of charges are credited in the Accumulation Account and invested as per IRDA norms. Being a participating plan, the returns as per declared (bonus) are credited to this account. Our team of prudent investment managers will ensure that your money continues to work hard and get you compounding bonuses, year after year.

Waiver of Premium

To ensure that the policy remains in force in case of any unforeseen event, two optional riders: Life Guardian Benefit (LGB – UIN No: 107C012V01) and Accidental Disability Guardian Benefit (ADGB – UIN No: 107C011V01) may be attached. The premiums for the policy will be waived in case of death of the proposer (premium payer) or in case of his permanent disability. Thus, attaching the riders gives you the added comfort that even if something were to happen to you, your child’s future is secured. Maturity Benefit The higher of the basic sum assured or the Accumulation Account will be paid on Maturity. Death of Parent (Premium Payer) In case the parent has opted for the Life Guardian Benefit (LGB), all future premiums on the policy would be waived and the policy will continue till maturity. On maturity, the beneficiary would be entitled the higher of the basic sum assured or the Accumulation Account. Death of Life Insured If the policy has been in force for five years or if the life insured was at least 18 years old, then according to this insurance plan, beneficiary will receive either the sum assured or Accumulation Account whichever is higher, as on the date of death. If the death occurs within five years from commencement of policy and if the insured was less than 18 years old, the death benefit would be either the total of all premiums paid (excluding rider premiums) so far or the surrender value at that time, whichever is higher.

Group Savings Linked Insurance plan

Group Savings Linked Insurance plan:-

FEATURE:-

The people working in the metropolitan cities, occupied as they are in their day to-day activities where inflation is inevitable, find difficult to provide adequate security for their families, Individual insurance with high premium in fact does not provide adequate insurance protection. Their need for insurance protection during service coupled with adequate savings for carefree retired life remains unfulfilled. Keeping this in mind, LIC has come out with an attractive insurance scheme viz. Group Savings Linked Insurance scheme at a very low cost. Central Government has a similar scheme with minor modifications. Semi-Government Organisations, Public Sector Organisations and also Large private business houses and industrial enterprises have introduced this scheme, the salient features of which are as under:


I) OBJECTIVES OF THE SCHEME:

• Protection at low cost without individual evidence of health.
  
• Attractive returns on savings to meet post retirement needs.
  
• Simple procedures for granting life cover to large groups under one umbrella.

II) INTRODUCTION OF THE SCHEME:

a) The Scheme can be introduced by employers provided certain percentage of employees is willing to join the Scheme.

b) For the new entrants to the Company, the membership of the Scheme is compulsory.

III) PREMIA:

contact foe insurance:- sanjay tomer

                                       09466423767


VII) TAX BENEFITS:Employees' total contribution, savings as well as risk premium is entitled for income-tax rebate under Sec. 80C of the Income Tax Act. The entire claim amount including interest earned payable on retirement or leaving service or on death is free from income-tax. The premium paid by the employer towards insurance cover is treated as business expenses

It is decided on the basis of Group size and the occupation of the group.Premium has two components i.e. Risk Premium and Savings Premium.Risk Premium is utilized to offer life cover and the Savings Premium is accumulated in members account.


IV) ACCIDENT BENEFIT:

Double accident benefit can be allowed to the extent of the Sum Assured for an extra Premium.


V) INTEREST ON SAVINGS:
The present rate of interest allowed on saving portion of premium is 8% compounding yearly.


VI) ELIGIBILITY TO JOIN THE SCHEME:
Any employee irrespective of his present state of health is eligible to join the scheme subject to certain conditions. The only insurability condition is that the employee should not be absent on medical ground on the date of commencement of the scheme. All employees who have not crossed the retirement age are eligible to join the scheme. All future employees have to join the scheme compulsorily.

Group Term Insurance Plan (EDLI)

Group Term Insurance Plan (EDLI):-

FEATURE:-

All establishments with at least ten full time permanent employees and to whom the Employee’s Provident Fund and the Miscellaneous Provisions Act 1952, applies, have a statutory liability to subscribe to the Employee’s Deposit Linked Insurance Scheme (EDLI), to provide life insurance cover for all the employees.
Under EDLI (as amended with effect from 24 th june,2000 ) the benefit is equal of the average balance of the credit of the deceased employee in the provident fund during the last 12 months, provided that where such balances exceeds `35,000 ,the insurances cover is equal to `35,000 plus 25% Of the amount over ` 35,000 subject to a maximum of `60,000.
Thus if the length of service is not adequate and/or the salary is low, the average balance may be much less and the benefit to the employee’s family is very little.

So what does it mean?

Using the example of an employee earning `10,000 as basic salary per month, the PF contribution is Rs 2,400 per month (1,200 from employer +1,200 from employee). The average balance in the last 12 months therefore would be Rs 15,600 [i.e.(2400x1+2400x2+2400x3+……+2400x12)/12]
Thus this employee’s family on his death would receive `15,600 as the EDLI benefit for the premium of Rs .600 (0.5% of this basic salary) paid towards it in the last 12 months, assuming the salary has not changed in the same period.
Reliance Life Insurance Group Term Life In Lieu of EDLI
Under Section 17(2A)of the act, the Employer may be exempt from contributing to this scheme, if he/she has provided for better insurances benefits than the cover offered by the Employee Provident Fund Organization (EPFO) through a life insurer. Reliance Life Insurance Group Term Life in Lieu of EDLI has been approved by the Central Employee Provident Fund Organization as a better alternative.
The benefit we provide under this scheme is a minimum of `62,000 and a maximum of `1,50,000.
A Double Accident Benefit rider can also be provided .

	Disclaimer
	UIN for Reliance Group Term Insurance Plan (EDLI) - 121N006V01. contact for insurance:- sanjay tomer                                       09466423767

Reliance Group Term Assurance Plan

Reliance Group Term Assurance Plan:-

FEATURE:-

Providing your people with total cover for Life, Accident and Disablement
Indian lifestyles have changed significantly in recent years.
Several of your employees probably own a home and are paying mortgages. They could also have loans to repay for their car or bike.
Your employee’s most valuable asset is not their house or their car. It is in fact their health and their ability to earn an income to be able to service this lifestyle.
To protect their assets, their families and themselves against accident, illness or untimely death, your employees need life insurance cover of at least three to five times their annual salary.
As a caring employer you can provide life insurance benefits to your employees at a low cost due to group buying power and also no medical underwriting is required up to the Free Cover Limit. (Based on the characteristics of each group, we establish a limit up to which Life Insurance cover is provided without any medical underwriting required).

	Disclaimer
	UIN for Reliance Group Term Assurance Plan - 121N006V01 contact for insyrance:- sanjay tomer                                       09466423767

Reliance Group Credit Shield Plan

Reliance Group Credit Shield Plan:-

FEATURE:-

Reliance Group Credit Shield Plan
This is a traditional, Single Premium, non participating Group Term Insurance Plan with reducing death benefit with flexibility to ensure that the financial interest of the Lending Institution is protected in the event of any misfortunes affecting the life insured/members (borrowers). This plan provides peace of mind to your group members & their families at a very attractive cost.

UIN for Reliance Group Credit Shield Plan - 121N032V01

contact for insurance:- sanjay tomer
                                      09466423767

Reliance Jan Samriddhi Plan

Reliance Jan Samriddhi Plan:-

FEATURE:-

Reliance Jan Samriddhi Insurance Plan is a low cost life insurance cum savings plan providing benefits on death and on survival. This plan is specially designed to facilitate and encourage long term savings with extremely affordable premium amounts to be invested and get periodic returns, while enjoying insurance protection. It also offers inbuilt accidental cover against financial losses arising out of life’s adversities like accidental death.

What are the Key Features – Reliance Jan Samriddhi Plan?
	Facilitate and Encourage long term savings to earn periodic returns.
	Extremely affordable premium installment amounts
	Life cover to protect the family against financial liabilities like loss of income, outstanding loans, etc.
	Extra Protection on Accidental Death – Double the face amount, at no extra premium.
	Convenient and Hassle free enrolment.

Which target segment is the plan best suited for?
Any Group i.e. Employers/Associations/Co-operatives/Micro Finance Institutions (MFI) etc., Affinity, Agricultural laborers, Small and Medium Scale Farmers, Village Craftsmen and Cottage Industry employees amongst others can be offered this plan to reap the twin benefits of protection and savings.

	Disclaimer
	For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale
	UIN for Reliance Jan Samriddhi Plan:121N044V01 contact for insurance:- sanjay tomer                                       09466423767

Group Leave Encashment Plan

Group Leave Encashment Plan:-

FEATURE:-

This one is yet one more unit linked plan from Reliance Insurance that has been planned exclusively to help the insured to make a perfect balance between security cover as well as the optimum utilization of leave encashment liability assistance.
Some of the salient features and benefits of the Group leave encashment plan of Reliance Life Insurance are as follows:

• The payment of premiums under this policy is extremely flexible that depends mostly on the cash flow of the insured.
• Investment options are also presented in this policy and they too are very flexible. These options do help in distribution the risks that are normally connected with investments. The insured must choose an investment options based on the risk appetite.
• The insured can also transfer their assets from one investment to another and this can be at any point of time. Under this policy the insured can transfer their investment 52 times every year.
• Ample give is offered to the insured so that they can choose their very own insurance cover at an reasonable cost.
• The employees can also have annual leave encashment that is usually based on the last drawn salary.

The employer or the insured can surrender the policy at any point of time after which the surrender value of the policy would be paid to the insured after making a deduction of surrender charges if there is any. There is also a free look time in this policy under which the insured can test the policy for 15 days. If the insured is not satisfied with the policy then he or she can return this policy to the company.

contact for insurance:- sanjay tomer

                                       09466423767

Reliance Group Gratuity Plan

Reliance Group Gratuity Plan:-

FEATURE:-

In this policy, the investment risk in investment portfolio is borne by the policy holder

The Indian Government introduced the Payment of Gratuity Act in 1972. Generally gratuity accrues at a rate of 15 days last drawn salary per year of service for each employee or as defined by the trust deeds. Gratuity is payable immediately on cessation of employment, provided the employee has continuous service of at least five years. The five year provision does not apply on death or disablement of the employee. Gratuity, by nature is a medium to long-term liability of the employer and accordingly an appropriate medium- to long-term investment strategy should be adopted by the trustees to match assets and liabilities.
Liability for your employees' gratuity is often the trickiest thing to forecast accurately and manage well. While doing so you may come across some pertinent questions: What is my true liability for employees' gratuity? How do I manage this liability? Am I maximizing my potential tax benefit? Am I rewarding my most valuable employees adequately? Am I matching long-term liabilities under Gratuity with my investment strategy? Are my Gratuity assets professionally managed?
We at Reliance Life Insurance Company Limited can be of help to find answers to most of these very relevant questions. We can assist you to meet your obligations under the Payment of Gratuity Act while providing innovative solutions and delivering long-term results for your investment through our Reliance Group Gratuity Plan. You can also transfer your existing gratuity liability managed under some other funds to Reliance Life Insurance Company Limited Life.

Reliance Group Gratuity Plan

This is a unit linked group Gratuity product with fifteen different fund options, namely Capital Secure Fund, Growth Fund, Balanced Fund, Super Growth Fund, Growth Plus Fund, High Growth Fund, Pure Debt Fund, Money Market Fund, Corporate Bond Fund, Gilt Fund, Equity Fund, Infrastructure Fund, Energy Fund, Mid Cap Fund and Pure Equity Fund.
It enables employers / trustees with more than 20 employees to outsource the management of their employees' Gratuity Funds and the related administration to Reliance Life Insurance Company Limited.

	Disclaimer
	For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale
	UIN for Reliance Group Gratuity Plan: 121L011V01 contact for insurance:- sanjay tomer                                       09466423767

Reliance Group Superannuation Plan

Reliance Group Superannuation Plan:-

FEATURE:-

In this policy, the investment risk in investment portfolio is borne by the policy holder

Ensure a truly comfortable retirement option for your entire corporate family.
As an employer you currently contribute 12% of each employee's salary into the Employees Provident Fund scheme. But is it sufficient to provide an adequate retirement income for your employees?
The answer to this question is unfortunately NO.
Why? There are two main reasons.
Firstly employees have the option to withdraw assets from the Provident Fund on a regular basis to meet ongoing lifestyle expenses. Most of your employees will reach retirement age with an inadequate balance to purchase an income stream to provide them a reasonable income on retirement.
The second reason is that employees are now retiring younger but are living longer. Therefore the capital they need to buy an income stream is much greater than ever before, and this increase in life expectancy will continue to grow making this gap even greater.

	Disclaimer
	For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale
	UIN for Reliance Group Superannuation Plan - 121L021V01 contact for insurance:- sanjay tomer                                        09466423767

Reliance Secure Child Plan

Reliance Secure Child Plan:-

FEATURE:-

UNDER THIS PLAN THE INVESTMENT RISK IN THE INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER.

• Do you see your child becoming a trailblazer?
• Will they create the ultimate symphony or give sports a new dimension?

Our children may just be the ones to end the arms race and wipe out poverty from the face of the Earth. But for them to be able to aim for the skies, YOU NEED TO ACT NOW!
Introducing Reliance Secure Child Plan - a unique life insurance cum savings plan. Start saving from now and secure the future of your child.

Key Features – Reliance Secure Child Plan:
	Insurance cover on the life of child
	Money at critical milestones in your child's career path - college education, higher education, marriage
	Your child is completely protected - we will continue to pay the premiums even if you are not alive
	Life time income to child in the event of disability
	Return Shield option to protect your investment returns
	Liquidity in the form of partial withdrawals
	Capital guarantee available on maturity and on death of the child under Regular Premium basic policy
	Option to package with Reliance Accidental Death and Total and Permanent Disablement Rider, Reliance Critical Conditions Rider and Reliance Term Life Insurance Benefit Rider.
	Loyalty addition of 1% of the premiums paid under basic plan and top ups

	Disclaimer
	For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale
	UIN for Reliance Term Life Insurance Benefit Rider: 121C009V01,Reliance Accidental Death & Total and Permanent Disablement Rider: 121C002V01,Reliance Critical Conditions Rider 121B003V01, Reliance Secure Child Plan: 121L026V01 contact for insurance:-sanjay tomer                                     09466423767

Reliance Child Plan

Reliance Child Plan:-

FEATURE:-

The Reliance Life Insurance group has brought the new Reliance Child Plan: Child Plan a brilliant future of children. Every parent wishes to give their kids the best in life. This plan sum promises the same. This plan helps to save methodically so that the child can get the financial security in the future. This plan gives the kids a wonderful and soft future.

The key features of Reliance Child Plan: Child Plan are as follows:

• During the term of policy this plan gives a risk protection for the insured person.
• At the end of the policy term the policy holder will get accumulated bonus.
• Under this policy every year 25% of the sum assured is payable as lump sum benefit during the last four anniversaries of the policy.
• Under the Reliance Child Plan: Child Plan all view premiums which are waived in the event of unfortunate loss of life of the policy holder.
• The fixed benefits are continuous with guarantee even after the loss of the life of the policy holder.
• The Reliance Child Plan: Child Plan gives more value for the money by the way of high sum assured rebate.
• Under this policy the customer can make a choice to add the Benefit of two Riders. The two riders are Critical Illness and Accidental Death Benefit and Total and Permanent Disablement Rider.

The policy continues to participate in profit even after the unfortunate death of the policy holder.

contact for insurance:- sanjay tomer

                                       09466423767

Reliance Super Golden Years Plan – Plus

Reliance Super Golden Years Plan – Plus:-

FEATURE:-

After retiring from the life of work and schedule the days are to slow down and spend as much time possible with family. But retirement plan is not only about living a stress free life. Along with the rest also come the tensions and worries of money and operating expense. To make the retired life stress free it is very necessary to plan for the retired life from the present. The Reliance Super Golden Years Plan – Plus: Savings and Investment Plan has brought the key for the retired time. This plan allows saving in a systematic way building up the much needed corpus to make the future years golden and gorgeous. This policy ensures a basic amount collected and assures security before anything happens to the insured person.

The key features of Reliance Super Golden Years Plan – Plus: Savings and Investment Plan are as follows:

• This Reliance Life Insurance plan is a flexible unit linked pension product.
• The minimum vesting age of the policy is 45 years and the utmost vesting age of the policy is 65 years.
• This policy allows systematical investment and secures the golden years.
• Savings and Investment Plan has 8 similar investment funds to select from.
• The flexibility to advance the vesting age is available in this plan.
• The options to decide between funds are also available under this policy.
• Savings and Investment Plan has tax free commutation of up to 1/3 of fund value at vesting age.

Optional Reliance Term Life Insurance Benefit Rider, Reliance Accidental Death and Total and Permanent Disablement Rider, Reliance Major Surgical Benefit Rider, Reliance Critical Conditions (25) Rider is as well available under this pension plan.

contact for insurance:- sankay tomer

                                       09466423767

Reliance Super Golden Years Plan – Value

Reliance Super Golden Years Plan – Value:-

FEATURE:-

The key features of Reliance Super Golden Years Plan – Value: Retirement Plan are as follows:

• This plan allows the systematical investments and thus secures the future years of retirement and relaxation.
• This plan is a flexible unit linked pension plan and it is different from all the predictable insurance products.
• The Reliance Super Golden Years Plan – Value: Retirement Plan has 8 different investment funds from which the customer can choose any option.
• The customer under this policy gets the choice and flexibility to control from one fund to another.
• The Reliance Super Golden Years Plan – Value: Retirement Plan gives tax free commutation of up to one third of fund value at vesting age.
• Life cover and optional Reliance Term Life Insurance Benefit Rider, Reliance Life New Major Surgical Benefit Rider, Reliance Accidental Death and Total and Permanent Disablement Rider, Reliance New Critical Conditions (25) Rider is available in Reliance Super Golden Years Plan – Value: Retirement Plan.

Under this policy the investment risk in the investment portfolio is to be borne by the policy holder himself.

contact for insurance:- sanjay tomer

                                       09466423767 

Reliance Super Golden Years Plan

Reliance Super Golden Years Plan:-

FEATURE:-

UNDER THIS PLAN THE INVESTMENT RISK IN THE INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER.

Retirement means different things to different people, while some want to relax and take a trip around the world, some want to start up a venture of their own, and pursue a dream harnessed for years. The power to make your autumn years special lies only with you. The Reliance Super Golden Years Plan gives you the power and the right kind of solution - A retirement plan that allows you to save systematically and generate the much-needed corpus to make your olden years look golden.

Key Features – Reliance Super Golden Years Plan:
	Invest systematically and secure your golden years
	A flexible unit-linked pension product that is different from traditional life insurance products with Vesting Age between 45 & 70 years
	Eight different investment funds to choose from
	Flexibility to switch between funds
	Option to pay Regular, Single as well as Top-up premiums
	Flexibility to advance / extend your Vesting Age
	Tax free commutation up to one third of Fund Value at Vesting Age Contact for insurance:- sanjay tomer                                         09466423767

	Disclaimer
	For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale
	UIN for Reliance Super Golden Years Plan: 121L037V01