In Unit Linked Insurance Policies, the investment risk is borne by the policyholder. These insurance products do not offer any liquidity in the first 5 years, as they have a mandatory lock-in period of 5 years. During this period, the policyholder cannot fully or partially withdraw the invested amount or surrender the policy.
IndusInd Nippon ULIP Plan
Reliance Nippon Life Insurance has been rebrandedas IndusInd Nippon Life Insurance. Following the rebrand, the insurer’s ULIP portfolio continues under the IndusInd Nippon Life identity. IndusInd Nippon Life ULIP plans offer market-linked investment opportunities alongside life insurance protection through different plan structures designed for long-term wealth creation, financial protection, and goal-based investing.
Returns as on 04-11-2026. The returns are the returns of best-performing fund in the plan
Disclaimer : ˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s
insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar Insurance Brokers Private Limited does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.inRead MoreRead Less
Key Features of IndusInd Nippon Life ULIP Plans
Multiple Investment Approaches:
Select ULIP plan offer Self-Managed, Auto-Managed, Life-Stage, Target Maturity, STP, and Trigger Portfolio strategies.
High Life Cover Flexibility:
This portfolio goes with different kinds of coverage structures, and it also uses flexible sum assured multiples. Along with life cover that can reach as high as 100x the annualised premium in some selected variants.
Loyalty Additions and Wealth Boosters:
Certain plans provide loyalty additions, wealth boosters, maturity additions, and return of policy administration charges.
Liquidity Through Partial Withdrawals:
Selected plans have partial withdrawal facilities, and also ways for the settlement payout.
Broad Fund Choice with Switching Flexibility:
Depending on the plan, policyholders may access up to 9 investment funds across equity, debt, balanced, mid-cap, and thematic allocations, alongside switching flexibility to adjust investment exposure.
Flexible Premium Structures:
There are plan options that cover a single pay, a limited pay, and also the usual regular pay kind, variants.
Tax Benefits:
Premiums paid and policy proceeds can also get some kind of tax treatment under the current tax laws, assuming that all the applicable conditions are met.
Why Invest in India's Growth Story?
As financial planning evolves beyond traditional savings products, solutions that combine capital market exposure with life insurance protection have gained wider relevance. This turns out to be especially meaningful for people considering retirement, wealth accumulation, the children’s future, or long-term protection for the whole family, in a systematic way.
ULIP stands for Unit Linked Insurance Plan, where a portion of the premium is allocated towards life coverage, and the remaining is invested in market-linked funds. This plan allows you to grow your wealth while ensuring financial protection potentially.
The returns from the investment are subject to market performance, making it a dynamic and risk-involved financial instrument.
IndusInd Nippon Life ULIP plans may appeal to investors looking for market-linked growth. It is supported by flexible investment pathways, life cover options, fund-switching flexibility, loyalty additions, and long-term wealth-building features.
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How Much Historical Returns are Provided by the Plans?
Investment Scenario
Monthly Investment:
₹22,000
Investment Duration:
18 years
Exit Timeline:
At Policy Maturity
Product Category:
Market-Linked ULIP Plans
Scenario 1:
Returns @ 4%
Plan Name
Estimated Maturity Value
Assumed Return Rate
INL Premier Wealth Insurance Plan
₹89.4 L
4%
INL Prosperity Plus
₹87.8 L
4%
INL Smart Savings Insurance Plan
₹85.9 L
4%
INL Wealth and Insurance Plan
₹84.2 L
4%
INL Classic Plan II
₹82.7 L
4%
Scenario 2:
Returns @ 8%
Plan Name
Estimated Maturity Value
Assumed Return Rate
INL Premier Wealth Insurance Plan
₹1.66 Cr
8%
INL Prosperity Plus
₹1.61 Cr
8%
INL Smart Savings Insurance Plan
₹1.57 Cr
8%
INL Wealth and Insurance Plan
₹1.52 Cr
8%
INL Classic Plan II
₹1.48 Cr
8%
Note: Since ULIPs are market-linked products, the real returns and maturity values can end up different, depending on how the fund does, what charges apply, whether the policy is carried on, and on market conditions too.
Benefits of IndusInd Nippon Life ULIP Plans
Long-Term Wealth Creation:
The exposure to market linked funds – equities, debt, balanced, and thematic sectors provides a platform to construct a corpus for long term aligned with future financial goals.
Life Cover Alongside Investments:
These plans deliver financial security too, while also working toward wealth building up, with some chosen variants that can give you life cover multiples, and flexible kinds of sum assured arrangements.
Flexibility Across Investment Funds:
Policyholders may access up to 9 investment funds with switching flexibility to align portfolios with changing market conditions and risk appetite.
Loyalty and Value Enhancement Features:
Selected plans include wealth boosters, loyalty add-ons, maturity additions, plus a return of policy administration charges, which may end up bolstering the long-term build-up of the fund.
Liquidity Through Partial Withdrawals:
Eligible policyholders can access partial withdrawal and settlement payout options after the lock in period, to help with milestone based or recurring financial needs, kind of keep things on track.
Different Investment Pathways:
Some plan options offer Self Managed, Auto Managed, life-stage, target maturity and STP style strategies, which help to line up investments with long-term objectives.
Tax Efficiency:
Premiums paid and policy benefits might end up getting a tax treatment under the current tax laws, but only if certain conditions are met and if the relevant regulatory provisions apply as well.
List of IndusInd Nippon Life ULIP Plans
IndusInd Nippon Life offers ULIP plan variants tailored to different investment horizons, protection needs, and long-term financial goals. The table below outlines the available plan options under the current ULIP portfolio:
Each IndusInd Nippon Life ULIP plan follows a different approach to wealth creation, with variations in investment flexibility, protection structure, and long-term financial planning features.
INL Wealth and Insurance Plan
INL Wealth and Insurance Plan is a Unit Linked, Non-Participating Life Insurance Plan designed for long-term wealth creation with high life cover flexibility, investment choice, and fund management features.
Key Features of INL Wealth and Insurance Plan
High Life Cover Flexibility:
Select variants can offer life cover as much as 100x the annualised premium, provided you meet eligibility and the usual underwriting requirements.
Choice of Investment Funds:
Policyholders are allowed to put money across several equity, debt and balanced fund options, depending on the risk preferences they have, a bit different for everyone.
Investment Management Flexibility:
The plan includes fund switching, premium redirection, and top-up options to help adjust investments over time.
Partial Withdrawal Facility:
Eligible policyholders may access partial withdrawals after the lock-in period, subject to policy conditions.
Single, Limited, and Regular Pay Choices:
The plan gives you a bit more flexibility across premium payment structures, depending on what your financial goals are, like overall direction and those targets you have.
Long-Term Goal Alignment:
It’s positioned to help with wealth accumulation along with life insurance coverage, for long-term periods.
INL Classic Plan II
INL Classic Plan II is a kind of Unit Linked, non-participating Individual Life Insurance plan made for long term investing, with life cover in the picture, active fund management.
Key Features of INL Classic Plan II
Choice of Investment Funds:
Policyholders can choose equity, balanced, debt, mid-cap, and thematic fund options that are tuned to match different risk-return ideas.
52 Free Fund Switches:
The plan offers up to 52 free switches during a policy year, helping align investments with market conditions.
Systematic Transfer Plan (STP):
Includes an STP feature to manage market volatility through staggered equity allocation.
Top-Up and Premium Redirection Options:
Policyholders may enhance investments and adjust future premium allocation during the policy term.
Partial Withdrawal Facility:
Eligible withdrawals may be made during emergencies after the lock-in period.
Flexible Premium Payment Frequency:
Premiums may be paid yearly, half-yearly, or monthly.
INL Premier Wealth Insurance Plan
INL Premier Wealth Insurance Plan is basically a Unit Linked, Non-Participating Individual Life Insurance Plan, built around tailored wealth creation with investment flexibility.
Key Features of INL Premier Wealth Insurance Plan
Self-Managed and Auto-Managed Options:
Policyholders may choose between active investing or automated investment allocation strategies.
Target Maturity and Life-Stage Options:
The plan gives automatic asset allocation between equity and debt, based on age, or the financial goals you picked, like it just decides for you.
Wealth Boosters:
Eligible policyholders might get these wealth boosters starting from the end of the 8th policy year, assuming the policy keeps going.
Partial Withdrawal Facility:
Partial withdrawals may be used for emergency financial needs after five policy years.
Multiple Investment Strategies:
Self-Managed Strategy, Dynamic Fund Allocation, and Systematic Transfer Plan are available across multiple fund choices.
Single, Limited, and Regular Pay Structures:
The plan includes multiple premium payment options for flexibility.
Settlement Payout Option:
Maturity proceeds may be received as a lump sum or structured payout.
INL Prosperity Plus
INL Prosperity Plus is a Unit Linked, Non Participating Individual Life Insurance plan meant for market-linked wealth building, with life cover, and loyalty additions.
Key Features of INL Prosperity Plus
Multiple Investment Options:
Policyholders may choose between Self-Managed, Auto-Managed, and Trigger Portfolio options based on investment preference and financial goals.
Loyalty and Maturity Additions:
Eligible policyholders may receive loyalty additions from the 6th policy year and maturity additions at policy maturity, supporting long-term corpus accumulation.
Return of Policy Administration Charges:
Total policy administration charges deducted during the policy term may be returned at maturity, subject to policy continuation.
Systematic Withdrawal Option:
The plan has a systematic withdrawal facility, to help get at the accumulated wealth whenever there are actual financial needs, kind of on demand.
Flexible Premium Payment Structure:
You can choose the option with one time pay, limited pay, and normal pay.
INL Smart Savings Insurance Plan
INL Smart Savings Insurance Plan is a Unit Linked, Non-Participating Individual Life Insurance Plan designed for goal-based wealth creation with automated investment pathways, life cover, and long-term reward features.
Key Features of INL Smart Savings Insurance Plan
Self-Managed and Auto-Managed Investment Options:
Policyholders may choose between actively managing investments and automated allocation strategies.
Target Maturity and Life-Stage Strategies:
The plan offers automatic asset allocation between equity and debt based on age or time to maturity.
Loyalty Additions and Wealth Boosters:
Eligible policyholders may receive loyalty additions and wealth boosters for staying invested over longer durations.
Reduced Charges for Higher Premiums:
Select premium bands may receive reduced charges on higher premium commitments.
Partial Withdrawal Facility:
The plan provides access to partial withdrawals after the lock-in period to address emergency needs.
Flexible Premium Payment Options:
Policyholders may choose between 5, 7, 10-year limited pay options or regular pay throughout the policy term.
Why Buy IndusInd Nippon Life ULIP Plans from Policybazaar?
Over 9 lakh customers have invested ₹12,400 Cr through Policybazaar
No hidden charges. All costs and returns are clearly disclosed
Certified advisors provide unbiased guidance based on your needs
IRDAI-regulated, ensuring advice is in the customer’s interest
How can I check my IndusInd Nippon Life ULIP Plans status?
There are three convenient ways to check your IndusInd Nippon Life ULIP Plans policy status:
Through the IndusInd Nippon Life Insurance customer portal
By calling IndusInd Nippon Life Insurance customer care
By visiting an IndusInd Nippon Life Insurance branch
Is the IndusInd Nippon Life ULIP plan good for 5 years?
The decision of whether the IndusInd Nippon Life ULIP policy is good or not depends on your individual financial goals, risk tolerance, and investment preferences. The following advantages and disadvantages of a ULIP plan can help you in better decision making:
Advantages of IndusInd Nippon Life ULIP plan:
High returns through market-linked investments
Life insurance coverage
Tax benefits under Section 80C and 10(10D)
Disadvantages of the IndusInd Nippon Life ULIP plan:
Investment risk due to market fluctuations
Short-term liquidity is not available due to 5-year lock-in period
Levies charges and fees, like policy fees, fund management charges, mortality charges.
Can I withdraw the IndusInd Nippon Life ULIP policy after 5 years?
Yes, you can withdraw IndusInd Nippon Life ULIP plan after 5-year lock-in period under the following conditions:
Surrendering your policy
Partial withdrawals after 5 years
What is the new name of IndusInd Nippon Life Insurance?
The new name of Reliance Life Insurance is IndusInd Nippon Life Insurance Company. So, all the Reliance Life investment plans are rebranded under the new name.
How can I check policy status for IndusInd Nippon Life ULIP plans?
To check 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.
What is the policy renewal process for IndusInd Nippon Life ULIP plans?
Renewal of policy can be done in 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.
What is the company’s process to settle claim for IndusInd Nippon Life ULIP 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.
What is the policy cancellation process for IndusInd Nippon Life ULIP plans?
The policy cancellation process requires the customer to submit a duly filled-out surrender form along with relevant documents to any branch. Upon receiving and verification of the documents, the policy is deemed cancelled as per the bank account records.
"The policy i have is reliance life traditional plan which is very good and the premiums are low with high in policy coverage 90%. The claiming part is very easy because the service is very fast with good response from the staff members. Nice future investment with tax savings.
"
HS
Heemani
Rewari, January 16, 2025
Above Average
"I own reliance life traditional plan. Plan is good and premium is low. Policy coverage is high and payback returns too. Claiming amount is Rs.36 L. Service is fast like super sonic. The daily updates are mailed to me time to time. Good behaviour by executives and staff members."
IG
Ishant
Laxmipur, January 16, 2025
Normal Policy
"I have traditional policy plan from reliance life insurance. The policy provides good coverage with low premiums. Claims are around Rs.35 L. Service always on time. The executives and staff members are facilitate great services. Satisfactory policy plan, nice work.
"
RK
Raheem
Uttamnagar, January 16, 2025
Perfect
"Policy has all benefits and the investments are also low. Around Rs.38 L is payback amount. Reliance life insurance provide me traditional policy plan which has good facilities and the service is very quick. The up gradation details in policy is mailed to me time to time. The behaviour and service provided by the executive and staff members is awesome.
"
AC
Abhinav
Agra, January 16, 2025
Good
"I finally buy reliance life life traditional plan. Policy covers almost all cases and the amount of returns is around 35 L. Service provided is fast and on time. Good future investment which save taxes. Nice services facilitate by executives and staff members.
"
TK
Tarun
Dwarakanagar, January 16, 2025
Powerful Policy
"Buy reliance life traditional plans. The policy coverage is ~93%. Services provided by executives is awesome. Claims are good and done without any interruption. Overall fine life insurance which have low premiums. Nice future investment and it saves taxes also.
"
MA
Mayank
Kaushambi, January 16, 2025
Investment plan
"Reliance life insurance is the best insurers to buy the traditional plan because you guys provide the best deal in less investments. Policy coverage is huge and claims are easy to sanctioned by the help of the executives and staff members of the company."
A
ANIKET
Ahmedabad, January 16, 2025
Perfect Policy Plan.
"I own reliance life insurance traditional plan. Plan is good and premium is low. Policy coverage is high and payback returns too. Claiming amount is Rs.21 lakhs. Service is fast like super sonic. Overall, perfect policy plan.
Plan Name: Classic plan II
Agent Code: BPW00313"
SS
Sumeet
Jaipur, January 16, 2025
Awesome Policy Plan
"I have traditional plan from reliance life insurance. Policy coverage is 90% and the claims are Rs.39 L. Service is good and quick provided by the executives and staff members. But please improve your online services. Good future investment which saves taxes too. Nice work.
"
LK
Lalit
Navi_mumbai, January 16, 2025
Damn Good
"Reliance life insurance is one of the best insurance company. I took traditional insurance policy plan which provide me best service and good returns. The premiums are low and the policy coverage is 87% with high claims. The behaviour is good from executives and staff members. Nice insurance plan."
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
Tax benefit is subject to changes in tax laws
++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
#The investment risk in the portfolio is borne by the policyholder. Life insurance is available in this product. The maturity amount of Rs 1 Cr. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 8% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance. In Unit Linked Insurance Plans, the investment risk in the investment portfolio is borne by the policyholder and the returns are not guaranteed. Maturity Value: ₹1,05,02,174 @ CAGR 8%; ₹50,45,591 @ CAGR 4%. *Tax benefits and savings are subject to changes in tax laws. All plans listed here are of insurance companies’ funds. The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.
˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar Insurance Brokers Private Limited does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in
