Reliance Life Child Plans

4.1 / 5 based on 23 User Reviews
*Please note that the quotes shown will be from our partners

Reliance child insurance plan helps you save systematically so that you can give your child the much-needed financial security in the future and gives you the freedom to enjoy every moment with your child today, without worrying about his/her tomorrow. Reliance Life offers 1 child insurance plan to help you protect your child’s future.

  • Reliance Child Plan: A non linked child insurance plan that gives you guaranteed fixed benefits and 25% of Sum Assured payable every year as lump sum Benefit during the last four policy anniversaries to help you to secure your child’s future.
  • Reliance Education Plan: Reliance Child Education Plan helps you save for the future of your child by giving you an option of choosing out the payouts depending on the needs.The policy offers three different premium paying terms- 5,7 & 10. The minimum sum assured is Rs 50,000, while there is no limit on the maximum sum assured. Further, the plan assures to give guaranteed addition of 2% of the basic sum assured at the end of each policy year till the end of the policy term, provided the policy is active.

You can compare Reliance life insurance child plan from other child insurance plans offered by other insurance companies online and explore the best child insurance plan that suits your child’s school education needs and college needs the most.

 

Reliance Life Child Plans - FAQ

1. How to pay premium? What are the modes of payment available?

RELIANCE LIFE Insurance offers basic 4 modes of premium payment. They are as follows:

  • Online- Requires you to login through your client Id and password, select the online medium to pay the premium.
  • IVR method- Call on the toll free number 1800 3000 8181 and follow the instructions. Keep handy details of policy number and date of birth.
  • Pay at Suvidha Center- This helps to locate the nearest branch office wherein payment can be done via cheque or cash.
  • Bill Junction or Bill Desk option- This requires registering oneself in the site and clicking on the Pay Reliance Life Insurance option to authorize the payment.

For online payment mode, the policyholder can pay via;

  • Credit Card
  • Debit Card
  • Netbanking facility

One can also avail Electronic Clearance System ECS) for paying premium of renewed policies.

2. How can I check policy status for Reliance Life Child Plans?

For checking the policy you must register first on e-portal. After generating the password, login to your account. Then click on the ‘Policy Details’ tab to get the status of the desired policy number.

3. What is the policy renewal process for Reliance Life Child Plans?

Renewal of policy can be done by two modes:

  • Online
  • Electronic Clearance System(ECS)

For Online renewal process, login to your account and click on the required renewal tab after selecting the payment mode. Payment can be done via cash, cheque or through net banking.

For renewing the policies using Credit Card Mode, fill in the required mandatory form along with photocopy of Credit card. Within a period of 10 days, the credit card information will be registered for renewal process.

ECS facility can be availed by filling in the desired form and submitting the required documents. The bank will process the information within 30 days of receipt of the same. In case the premium renewal date falls on a holiday, the amount will be debited on the next working day.

4. What is the company’s process to settle claim for Reliance Life Child Plans?

The company guarantees 12-day claims settlement policy. You must attach the correct documents with the claims form and send it to the nearest branch office in your city. To find the relevant documents for the particular claim, please visit the Claims Overview Section.

After receiving the particular documents and completion of the verification process, the cheque will be dispatched to the nearest branch within 3 working days. From there one can collect the cheque after verifying the identity proof.

5. What is the policy cancellation process for Reliance Life Child Plans?

The policy cancellation process requires the customer to submit a duly filled surrender form along with relevant documents in any branch. Upon receiving and verification of the documents, the policy is deemed cancelled as per bank accounts record.

Reliance Life Child Plans Reviews

TOTAL REVIEWS (23)
Karan
Dhampur
July 26, 2016

Reliance child plan

The child insurance policy which i have buy for my son is very good with many benefits. Reliance life insurance provides the best services which is fast and on time. Perfect claiming process and coverage is high approx. 90%.

Taranpreet
Bhramgiri
July 12, 2016

Child Policy

Child insurance policy is very important and useful insurance for child secured future. Policy coverage is good and maximum expenditure is given by the insurer. Claiming is easy because of fast service provided by the company.

Navneet
Ahmedabad
June 29, 2016

Good Plan

My child's insurance policy is very good with some good benefits. The premium is less. Service facilitate by the company members. Internet service is also good and easy to access and anybody can use it. Good future security for my son and the policy fulfill my son's dream.

Deepshikha
Bengaluru
April 21, 2016

Average

I own reliance life child insurance policy plan which is an average one. The service is fast and the policy coverage is approx. 76%. The claims are okay but the claiming process is bit lengthy. Executives and staff members are doing great work with good response. Okay policy and good for tax saving. Good for middle class person.

Kunal
Delhi
April 21, 2016

Awesome Policy

The best child policy plan i bought from reliance life insurance and the policy plan is awesome. The policy coverage is 93% and the claims are 44 L after policy get mature. The investment is low and the returns are high. Good future plan with tax protection. Service you provided is very quick and on time till now.

Pariniti
Palwal
April 21, 2016

Great Deal

I had reliance life child policy plan for my child. The policy is nice, Good policy coverage ~93% and claiming amount is Rs.44 L after policy get mature. But the service is bit slow, please improve it. And the behaviour of the executives and staff members are nice. Good future investment with saving tax too.

Shashank
Panipat
April 21, 2016

Satisfactory Plan

I found awesome child policy plan from reliance life insurance. The claim is high and the policy coverage is 88%. Service you provided is fast and very quick. Daily updates are mail and texted to me. The policy is good for future investment and it saves taxes also.

Faisal
Thrissur
April 21, 2016

Nice Child Plan

I purchase child policy plan by reliance life insurance. Policy coverage is 92% and the claims are high. Premium is low and the services are fast and with great response from executives and staff members of the company. Good future investment and it saves taxes too. I'm happy with my policy plan.

Dev
Nawada
April 21, 2016

I Like The Policy

I buy a child policy plan for my child from reliance life insurance. Policy coverage is high 93% but the premium is low. Claims are easy to get because of the fast service provided by the executives and staff members. Daily updates are also mailed to me time to time. Fine policy good work. Good future investment and it save tax also. Like the policy.

Apoorva
Purwa
April 21, 2016

Superb Policy

The best child policy plan i bought from reliance life insurance and the policy plan is awesome. The policy coverage is 93% and the claims are 39 L after policy get mature. The investment is low and the returns are high. Good future plan with tax protection. Service you provided is very quick and on time till now.

Yajan
Chapuria
April 21, 2016

Fine Policy

I had child policy plan for my child through reliance life insurance child plan. The policy is nice, Good policy coverage ~89% and claiming amount is Rs.37 L after policy get mature. But the service is bit slow, please improve it. And the behaviour of the executives and staff members are nice. Good future investment with saving tax too.

Jiten
Ghaziabad
April 21, 2016

Excellent Policy

I found awesome child policy plan and i buy it from reliance life insurance. The claim is high and the policy coverage is 92%. Service you provided is fast and very quick. Daily updates are mail and texted to me. The policy is good for future investment and it saves taxes also.

Lokesh
Dankaur
April 21, 2016

Normal Plan

I purchase child policy plan by reliance life insurance. Policy coverage is 91% and the claims are high. Premium is low and the services are fast and with great response from executives and staff members of the company. Good future investment and it saves taxes too.

Tanmay
Kanpur
April 21, 2016

Manageable

I buy a child policy plan for my child from reliance life insurance. Policy coverage is high 89% but the premium is low. Claims are easy to get because of the fast service provided by the executives and staff members. Daily updates are also mailed to me time to time. Fine policy good work.

Akash
Lalitpur
April 21, 2016

Above Average

My child policy plan is not super policy but an average one. Reliance life insurance provide wide range of policies. My policy coverage is good 88%. Service is nice and work is done in short period of time. Claims are high and the payback amount is 35 L after policy get mature. The service provided by the executives and staff members are really nice. Good future security which save taxes too.

Chirag
Gajraula
April 21, 2016

Super Policy

I have reliance life child policy plan. Policy coverage is good 86% but the premium is low. Service provided is bit slow and claims are good and Rs.29 L is the amount i get after policy get end. I just wanted to say that satisfactory policy plan.

Sandeep
Jarmundi
April 21, 2016

Perfect Plan

I purchase reliance life child plan and i took the policy plan. Policy coverage is good 89% and the payback amount is 37 L when policy ends. Claims are easily get due to great services facilitate by executives of the company. Nice future investment and it saves taxes also.

Tushar
Honnali
April 21, 2016

Really Nice Plan

I own child policy plan which i buy from reliance life insurance. Policy have various benefits but the policy coverage is the best ~93% is covered in the policy. Claims are high and the premiums are low. Service is good. Nice future investment which saves tax also.

Omesh
Bangalore
April 21, 2016

Damn Good

I purchase reliance life child plan. The policy coverage is 88% and the claims are good with low premiums. Service you provided is very quick and the behaviour of the executives and staff members is nice. Good future investment and it reduces taxes also. Nice policy plan.

Akash
Kannur
April 21, 2016

More Beneficial

My child policy plan is very good and the insurer is reliance life insurance. The policy has many benefits like good investments for future and it save taxes also. Policy coverage is 86% and the claims are around 36 L after policy ends. Fair Terms and Conditions.

Umakant
Latur
April 21, 2016

Fine

The best child policy plan i bought from reliance life insurance and the policy plan is awesome. The policy coverage is 93% and the claims are Rs.41 L after policy get mature. The investment is low and the returns are high. Good future plan with tax protection.

Rohit
Ghaziabad
April 21, 2016

Very Nice

I buy child policy plan with reliance life insurance which has very good policy coverage ~ 88%. The service is also good, fast and on time. The claims are high ~ 38 L and claiming process is easy because the executive and staff members providing good response and quick services.

Devesh
Ahmedabad
April 21, 2016

Good

Superb child policy plan which provided by reliance life insurance. The policy coverage is 89% and the claims are ~Rs.39 L after policy ends. The investment is ~Rs.21 K quarterly per year till policy end. Services are great and fast too. Great work guys. Good future investment with tax saving.