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Reliance Nippon Life Lifelong Savings Plan



A non-linked, participating, endowment plus whole life insurance plan.

We all work towards financial milestones like buying a house, securing our children’s education, going on a dream vacation and living comfortably after retirement. These are critical milestones, achievable with a sound financial plan. Most importantly, we want to ensure that our families get all these benefits during our lifetime and also, when we are not around. Presenting, Reliance Nippon Life Lifelong Savings – a non-linked, participating endowment assurance plan with savings and whole life cover benefits that can be tailormade to suit your needs.

5 Reasons to Buy

  • Create a legacy for your family
  • Save for your child’s education
  • Save for your retirement
  • Choose to stay protected for your whole life
  • Enhance your savings through bonus additions
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Benefits

Flexible Cover Options

  • Standard- Get a lump sum amount on maturity and a life cover during the Policy Term.
  • Extended Cover - Get a lump sum amount on maturity and a life cover during the Policy Term. Get an extended life cover for whole of life after the Policy Term.
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Comfort of Guarantees

  • At the end of the Policy Term, receive Accrued Guaranteed Additions: 4% of Base Sum Assured during the first five Policy Years Guaranteed.
  • Sum of Base Sum Assured and Accrued Guaranteed Additions Bonuses: Enhance your guaranteed savings through simple reversionary bonuses that accrue every year during the Policy Term starting from 6th Policy Year, along with a terminal bonus, if any.
       
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Pay As You Like

  • Choose how long you want to pay: For 10 years (Limited Pay) or the entire Policy Term (Regular Pay)
  • Choose your premium payment frequency: Yearly, Half-yearly, Quarterly or Monthly
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Liquidity & Tax Benefits

  • Loan facility is available during the Policy Term to meet unforeseen needs.
  • Avail tax benefits on the premiums paid and benefits received, as per applicable Income Tax Laws. (Provided the policy is in-force and all due premiums are paid).
Flexibility

Source: Reliance Nippon Life Insurance Company Limited Website
Reliance Securities is a distributor of Mutual Funds, Portfolio Management Services(PMS), Corporate Fixed Deposits, Bonds/NCDs, Insurance, IPOs, Structured Products and Loans.