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 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

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

Reliance Life Traditional Golden Year Plan

Reliance Life Traditional Golden Year Plan:-

FEATURE:-

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 Life Traditional 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 Old age years look Golden.

Key features - Reliance Life Traditional Golden Years Plan
	Non linked non- profit plan
	Addition of Accumulation Rate at the of every calendar month - Rate for FY 2010-11 : 7.75% p.a. payable monthly
	Flexibility to increase your savings any time by paying additional premium.
	Tax free commutation up to one third of benefits at Vesting Age.

Disclaimer
	For more details on risk factors, terms and conditions please read
	UIN for Reliance Life Traditional Golden Years Plan -121N075V01

contact for insurance:- sanjay tomer
                                        09466423767

Reliance Super Automatic Investment Plan

Reliance Super Automatic Investment Plan:-

The key features of Reliance Super Automatic Investment Plan: Savings and Investment Plan are as follows:

• The Reliance Super Automatic Investment Plan: Savings and Investment Plan gives 2 plan options to decide from – Ready-made & Tailor-made.

• It also brings freedom to the policy holder to make a decision of the fund combine based on the risk profile under Tailor-made Plan.

• The Reliance Super Automatic Investment Plan: Savings and Investment Plan gives the regular transfer plan to average put the expenditures of unit purchase in equity.

• This plan has regular, single and limited premium paying options.

• Liquidity in the form of partial withdrawal is available under this policy.

• The choice to package policy with Reliance Critical Conditions (25) Rider, Reliance Major Surgical Benefit Rider, Reliance Accidental Death and Total, Reliance Term Life Insurance Benefit Rider and Permanent Disablement Rider is also available under this policy.

Unparalleled flexibility through the ‘Exchange Option‘of Reliance to move between Reliance suite of unit linked products is also available in this policy.

contact for insurance:- sanjay tomer
                                      09466423767

Reliance Wealth + Health life Plan

Reliance Wealth + Health life Plan:-

FEATURE:-

The key features of Reliance Wealth + Health Plan: Savings and Investment Plan are as follows:

• This plan is a unit linked plan and it covers with exclusive savings component.
• The Reliance Wealth + Health Plan: Savings and Investment Plan comes with double benefit of health protection and market linked return.
• This plan also gives the flexibility to choose from other plans options.
• The policy is flexible a sufficient amount to take care of the health of the family.
• This policy also gives the flexibility to switch between funds and other plan options.
• The premiums of this plan can be paid in top ups.
• The Reliance Wealth + Health Plan: Savings and Investment Plan gives the alternative to package with multiple riders.
• The partial withdrawals are available through liquidity.
• Under this Insurance Policy the investment risk in the investment portfolio is to be borne by the policy holder himself.

Disclaimer: Please note that the information provided is collected from sources publicly available & we believe to be reliable. The website doesn’t warrant the accuracy, reliability & absolute information available on the website. Participation by site visitors or registered customers is on a voluntary basis. The policies are offered by various life Insurance & non-life insurance offering companies and Bimadeals does not seek to, either directly or indirectly, advise, offer, solicit or recommend that any person who is or proposes to become its member should purchase the Policy
 contact for insurance:- sanjay tomer
                                           09466423767

Reliance Super Invest Assure Plan

Reliance Super Invest Assure Plan:-

FEATURE:-

The key benefits of Reliance Super Invest Assure Plan: Savings and Investment Plan are:

• This policy gives double benefit of market linked return and insurance protection.

• The Reliance Super Invest Assure Plan also gives guaranteed additions at the rate of 50% of your 1st year’s basic premium at time of every 5 years from 10th year till policy is in force.

• This policy comes with 8 pure investment fund options and thus the customer can select the opportunity with flexibility.

• The premiums under this policy can be paid in top ups.

• The partial withdrawals can be collected in liquidity in the form.

The Reliance Traditional Super Invest Assure Plan gives various optional rider benefits to improve the protection cover.

contact for insurance:- sanjay tomer

                                       09466423767

Reliance Life Traditional Golden Years Plan

Reliance Life Traditional Golden Years Plan:-

FEATURE:-

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 Life Traditional 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 Old age years look Golden.

Key features - Reliance Life Traditional Golden Years Plan
	Non linked non- profit plan
	Addition of Accumulation Rate at the of every calendar month - Rate for FY 2010-11 : 7.75% p.a. payable monthly
	Flexibility to increase your savings any time by paying additional premium.
	Tax free commutation up to one third of benefits at Vesting Age.

Disclaimer
	For more details on risk factors, terms and conditions please read
	UIN for Reliance Life Traditional Golden Years Plan -121N075V01 contact for insurance:- sanjay tomer                                        09466423767

Reliance Life Insurance Highest NAV Advantage Plan

Reliance Life Insurance Highest NAV Advantage Plan :-

FEATURE:-

UNDER THIS PLAN, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER
They say “change is the only constant”.
When it comes to your life long investments, “uncertainty is the only truth”.
Reliance Life Insurance Highest NAV Advantage Plan not only provides insurance protection but also introduces certainty to your investments.
All of us have experienced, varying degrees of uncertainty in the value of our investment funds, particularly, over the last two years.
We do not need Warren Buffet or Mark Mobius to tell us - buy when the markets are low and sell when the markets are high.
Surely, you were waiting for the value of your price per unit investments to reach the highest level before you sold and booked your profits.
However, as you waited for the highest point, the market fell a day earlier, or an hour earlier and you are left holding your investment and looking for another high.
The key challenge in achieving your objective “highest level” is, one only knows what is high after the opportunity has passed.
In such a situation, how do you manage your investments and make the best of the opportunity.
This aspect becomes even more important in an investment like unit linked life insurance where you may need to stay invested for a defined period of time. Probably, by the time your investment is ready for encashment, the highest level has passed.

“Reliance Life Insurance Highest NAV Advantage Plan” is the answer.

This plan offers you, the opportunity to invest in “Highest NAV Advantage Fund series..
We shall be opening a new series of the “Highest NAV Advantage Fund” from time to time. All the premium(s) paid under a policy will be invested in a series that was open at the time of its issuance.
As with all other investments, the NAV (Net Asset Value) per unit of the “Highest NAV Advantage Fund” varies over time. However, the critical benefit of this fund is that, Reliance Life Insurance locks the per unit price i.e. NAV per unit of your investments in the “Highest NAV Advantage Fund” of the series you participated in, at the highest level ever achieved on or before the maturity, during the policy term.
Your maturity value would be determined at the highest NAV per unit during the policy term.

Key benefits
	Enjoy the upside - We guarantee you get the highest NAV per unit ever achieved during the policy term at maturity.
	An additional amount equivalent to base sum assured is payable on account of accidental deaths
	Liquidity through partial withdrawals
	Option to avail policy loan after two years
	Flexibility to choose from - Regular, & Single premium payment options.
	Flexibility to pay top - ups
	A host of optional rider benefits to enhance protection cover

	Disclaimer
	For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale
	UIN for Reliance Life Insurance Highest NAV Advantage Plan:121L077V01, UIN for Reliance New Critical Conditions (25) Rider: 121C012V01, UIN for Reliance New Major Surgical Benefit Rider: 121C014V01, UIN for Reliance Term Life Insurance Benefit Rider: 121C009V01. contact for insurance:-sanjay tomer                                      09466423767

Reliance Life Classic Plan

Reliance Life Classic Plan:-

Reliance Life Classic Plan Review

Reliance Life Classic Plan is a unit linked insurance plan (ULIP), where the premium is invested in markets (equity, debt, etc) and the policyholder has to bear the risks if any.

Our Advice – Unit linked insurance policy is a hybrid product which works as an insurance and investment product. But mainly people invest in ULIPs for the returns it is capable of delivering. Reliance Life Classic ULIP plan offers an inbuilt accidental death benefit rider and 3 additional riders. You can look at this policy for investment if you have a long-term horizon.

Key Features of Reliance Life Classic Plan

·         Unit linked insurance policy where the risk is borne by the policy holder

·         Double Death Benefit of Sum Assured plus Fund Value on death of Life Insured

·         Inbuilt Accidental Death Benefit rider plus option of 3 additional riders

·         Facility of Systematic Transfer Plan where one can invest into any of the chosen funds

·         Exchange option to take any new plans in future

Benefits you get from Reliance Life Classic Plan

Death Benefit – In case of death of the policy holder, the nominee gets Sum Assured + Fund Value. If the death of the policy holder is caused due to accident, then Sum Assured + Fund Value + Accidental Sum Assured is paid to the nominee.

Maturity Benefit – On maturity, the Fund Value is paid to the policyholder.

Income Tax Benefit - Life Insurance premiums paid up to Rs. 1,00,000 are allowed as a deduction from the taxable income each year under section 80C

Eligibility conditions and other restrictions in Reliance Life Classic Plan

	Minimum	Maximum
Sum Assured (in Rs.) for Regular Premium	10 times X Annualized Premium Or  ½ X Policy Term X Annualized Premium for age< 45 years	5,00,000
Sum Assured for Single Premium	125% of the Single Premium	5,00,000
Policy Term (in years)	15	30
Premium Payment Term (in years)	Equal to Policy Term
Entry Age of Policyholder (in years)	7	65
Age at Maturity (in years)	22	75
Single Premium (in Rs.)	50,000	No Limit
Payment modes	Single, Yearly, Half Yearly, Quarterly and Monthly

Sample illustration of premium amount in Reliance Life Classic Plan

Premium               = Rs.50,000

Policy Term          = 10 years

Total Investment  = Rs. 50,000 x 10 years = Rs.5,00,000

Additional Features and Benefits of Reliance Life Classic Plan

Riders – There are 3 riders available in this policy

1.       Reliance New Major Surgical Benefit Rider

2.       Reliance New Critical Conditions (25) Rider

3.       Reliance Term Life Insurance Benefit Rider

Investment Fund Options

There are 8 Investment Funds available

1.       New Equity Fund

2.       New Corporate Bond Fund

3.       New Money Market Fund

4.       New Gilt Fund

5.       New Infrastructure Fund

6.       New Midcap Fund

7.       New Pure Equity Fund

8.       New Energy Fund

Top-up

You can invest additional premiums as top-up premiums anytime except in the last five policy years. Sum assured will increase by the top-up premium paid.

The minimum top-up premium is Rs. 5,000.

Switching

You have the flexibility to switch investments from one fund to the other any time during the policy term.

There are 52 free switches in one year.

Partial Withdrawal

You are allowed to make partial withdrawals in this policy after 5 complete policy years.

The minimum amount of partial withdrawal should be Rs.5,000 and the maximum partial withdrawal amount should not exceed 20% of the fund value at the time of withdrawal.

contacy for insurance:- sanjay tomer

                           09466423767

Reliance Life Money Multiplier Plan

Reliance Life Money Multiplier Plan:-

Reliance Life Insurance Money Multiplier Plan Review

Reliance Life Insurance Money Multiplier is traditional endowment plan. Death benefit is double the Sum Assured and there are guaranteed loyalty additions which increase with every policy year. As a result the overall life cover too increases every year.

Our Take – The features of this endowment plan are good but premium rate for the amount of cover that is being provided is on the higher side.

Key Features of Reliance Life Insurance Money Multiplier Plan

Benefits you get from Money Multiplier Plan

Death Benefit – The nominee would be paid twice the Sum Assured.

Maturity Benefit – The policy holder is paid the sum of the following: Sum Assured + Guaranteed Loyalty Additions + Guaranteed Maturity Additions

Income Tax Benefit - Life Insurance premiums paid up to Rs. 1,00,000 are allowed as a deduction from the taxable income each year under section 80C. The maturity amount you receive from this plan are exempt from tax under section 10(10D)

Eligibility conditions and other restrictions in Money Multiplier Plan

	Minimum	Maximum
Sum Assured (in Rs.)	Rs.50,000	No Limit
Policy Term (in years)	10 / 15 / 20
Premium Payment Term (in years)	Same as policy term
Entry Age of Policyholder	18	65
Age at Maturity	28	75
Single premium	NA	NA
Payment modes	Yearly, Half-Yearly, Quarterly (ECS) & Monthly (ECS)

contact for insurance:- sanjay tomer
                                     09466423767

§         In case of death of the policy holder, the nominee is paid 2 times the Sum Assured

§         On maturity the policy holder gets Sum Assured + Guaranteed Loyalty Additions + Guaranteed Maturity Additions 

Reliance Special life insuranceTerm Plan

Reliance Special life insuranceTerm Plan:-

FEATURE:-

Reliance Special Term Plan is the only term plan of Reliance Life Insurance which offers return of premium on maturity. This is a variant of pure term plan and is liked by most. This plan also has 2 additional rider benefits that can be attached at an extra cost and there is an in-built rider of waiver of premium where all premiums till Rs 40,000 p.a. would be paid on behalf of the policyholder in case of total and permanent disability.

Our Advice – Since Term Plan is a must in every person’s portfolio, there are many who consider term plans as a complete waste of money. So, this is good news especially for them that if you die within the policy tenure, then your nominee would get the entire sum assured in lumpsum, and if you survive till the end, there is also no loss. The entire premium paid will be returned to you.

KEY FEATURE:-

 This is a term plan with return of premium option on maturity. 

§  2 additional rider benefits available

§  In-built rider of premium waiver

§  Special discount for women policyholders

§  Surrender Value provided after completion and payment of 3 policy years

Benefits you get from Reliance Special Term Plan

Death Benefit – In case of death of the policy holder, the nominee gets the entire sum assured.

Maturity Benefit – The premiums are returned on maturity if the life insured survives the entire term.

Income Tax Benefit - Life Insurance premiums paid up to Rs. 1,00,000 are allowed as a deduction from the taxable income each year under section 80C.

Eligibility conditions and other restrictions in Reliance Special Term Plan

	Minimum	Maximum
Sum Assured (in Rs.)	2,50,000	No Limit
Policy Term (in years)	5	30 for Regular Premium 15 for Single Premium
Premium Payment Term (in years)	Single	Equal to Policy Term
Entry Age of Policyholder (in years)	21	60
Age at Maturity (in years)	26	64
Single premium (in Rs.)	3,000	NA
Payment modes	Yearly. Half-yearly, Quarterly, Monthly and Single

contact for insurance:- sanjay tomer
                                      09466423767