Reliance Nippon Life Insurance has earned a name in the industry with its services and products. There are numerous Reliance Nippon Life Insurance benefits under different plans. To understand them in detail, it is essential to know the types of plans. This will allow the customer to discern better what policy is relevant to his needs.Read more
This article explains the different policies and benefits offered by Reliance Nippon to its customers.
Life insurance policies offered by Reliance Nippon can be broadly classified into the following categories:
These are long-term investment plans with the primary purpose to secure the family of the policyholder after his death. A pure term insurance plan will offer only a death benefit and not a maturity benefit. However, there is term insurance with return of premium plans available at Reliance Nippon too. Reliance Nippon Life Protection Plus and Reliance Nippon Life Saral Jeevan Bima are examples of the company's term insurance plans.
Reliance Nippon Life Insurance benefits with term insurance plans are:
These plans provide life cover as well as a saving option to the policyholder. The policyholder can use the corpus accumulated during the course of this policy to realize the financial goals of his family like education of a child, purchasing a house, etc. Reliance Nippon Life Milestone Plans and Reliance Nippon Life Super Bachat Plus Suraksha are examples of the company's savings plans.
Reliance Nippon Life Insurance benefits with savings and investment plans are:
Reliance Nippon offers retirement plans for those who want to secure their financial future for times of need. By investing in these annuity schemes, the policyholder can obtain a monthly pension and stay financially independent even after retirement. Reliance Nippon Life Immediate Annuity Plan and Reliance Nippon Life Smart Pension Plan are comprehensive retirement plans.
Reliance Nippon Life Insurance benefits with retirement plans are:
ULIP plan allows investment and protection options to the customer along with life cover. They also allow for a return on investment according to the market situation. Reliance Nippon Life Smart Savings Insurance Plan and Reliance Nippon Life Prosperity Plus are comprehensive ULIP plans offered by the company.
Reliance Nippon Life Insurance benefits with ULIP plans are:
Child Insurance Plans are an excellent means offered by Reliance Nippon to invest in the future of children. By early investment in children, parents may reap significant rewards in the future that can be used towards fulfilling their children’s goals.
Reliance Nippon Life Insurance benefits with child insurance plans are:
Group Insurance is when a large number of persons are covered under a single plan. Companies usually use these to provide financial assistance and security to their employees. RNL Group Employee Benefits Plan and RNL Group Term Assurance Plans are examples of group insurance plans.
Reliance Nippon Life Insurance benefits with group insurance plans are:
Reliance Nippon has a vast portfolio in investment and insurance. It becomes the responsibility of the customer to choose the plan that best fits their needs. It must be noted that the customer should carry out their research before investing in any plan.