Life Insurance Products


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Product Information
Group Plans Reliance Nippon Life Group Term Assurance Plus
Synopsis:
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Reliance Group Term Assurance Plus offers your group members the benefit of unmatched life cover at affordable premiums against these unforeseen emergencies that may drastically change their family’s lifestyle in their absence. While nothing can compensate loss of a valuable group member, this product can provide you with the satisfaction of having taken care of the members and their families.

Benefits:

    Flexibility for both formal and informal groups:
  • Flexible protection options with optional rider benefits
  • Option to increase the coverage amount
  • Flexibility to convert the group coverage into an individual coverage
  • Competitive Premium Rates with a comprehensive coverage 
    Easy Administration:
  • Simplified process to ensure easy insurability
  • Ease of managing new joinees and exiting members during a policy year
  • Tax Benefits
  • Premiums paid by the Master Policyholder are eligible for deduction as approved business expense
  • Premiums paid by the group members are eligible for tax deduction