Life Insurance Products


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Product Information
Group Plans Reliance Nippon Life Group Sarv Samriddhi
Synopsis:
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Reliance Group Jan Samriddhi Suraksha Plan is a low cost regular premium savings oriented insurance plan that helps you to build a corpus through regular systematic savings and augments your savings through regular interest credits along with providing a life cover.

Benefits:

    Maturity Benefit On maturity, you will receive the Policy Account Value which includes 1.All invested premiums, plus
    2.Investment Income through 3 different credits to your Policy Account:
  • Minimum Floor Rate - Guaranteed interest credit of 2.5% at the end of every financial quarter
  • Non-zero positive Additional interest rate (AIR), if any, which is over and above the minimum floor rate. Additional interest rate is 1.25% p.a. for this product for the entire policy term.
  • Non-zero positive Residual Additions (NRA), if any
  • Death Benefit
    On death of the individual member during the member-contract term provided the member-contract is in full force by payment of premiums, we will pay the maximum of
  • Policy Account Value, or
  • Basic Sum Assured, or
  • 105% of all the premiums paid till the time of death, excluding any extra premiums (if any) of the individual member, or
  • On death of the individual member during the member-contract term if the member-contract is in paid-up status, we will pay the maximum of
  • Policy Account Value, or
  • Basic Sum Assured x (number of premiums paid / total number of premiums payable) , or
  • 105% of all the premiums paid till the time of death, excluding any extra premiums (if any) of the individual member
  • Death Benefit due to Accident
    On death due to accident on or before the age of 65, we will pay an additional benefit equal to
  • Basic Sum Assured, provided the policy is in full force
  • Basic Sum Assured x (number of premiums paid / total number of premiums payable), if the policy is in paid-up status