Private sector insurer Reliance Life Insurance, an arm
of Anil Ambani-led Reliance Group's financial services firm Reliance Capital
Limited has recently announced the launch of its new traditional
non-participating product-Super Money Back.
This plan provides guaranteed money back benefits to policyholders after a block of every five years throughout the policy period in addition to an increasing monthly income that starts after the premium payment term.
Reliance Super Money Back policy also provides life insurance cover for the entire policy term by paying premiums for just half of the opted policy tenure.
Customers in the age group of 18 to 55 years can buy this product. The minimum sum assured under the policy is Rs. 1,00,000; and the policy term can be opted from 10, 20, 30, 40 or 50 years.
This plan provides guaranteed money back benefits to policyholders after a block of every five years throughout the policy period in addition to an increasing monthly income that starts after the premium payment term.
Reliance Super Money Back policy also provides life insurance cover for the entire policy term by paying premiums for just half of the opted policy tenure.
Customers in the age group of 18 to 55 years can buy this product. The minimum sum assured under the policy is Rs. 1,00,000; and the policy term can be opted from 10, 20, 30, 40 or 50 years.
Source: http://www.insuringindia.com
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