Retirement Plan is a unit linked product which addresses the comprehensive needs to maintain a perfect balance of savings and protection. This policy guarantees to repay the entire premium paid by the policy holder including the top ups.
The policy gives a capital guarantee like the sum of all the premiums as well as the top ups of the premium. Retirement Plan the capital guarantee is available on both the top ups and the basic premiums. Under this plan is available the unique return shield feature which protects the returns of the policy holder.
The plan’s basic idea would help in increasing the benefits of a market which is rising and also protects from the downside risk of the market. This plan is a trip peace settler plan. It assures life protection, investments along with protection of downside risk and an opportunity to gain control over the investments.
This policy addresses a complete necessitate to strike that perfect balance of Protection and Savings. As the policy holder grows successfully he or she deserves this balance of security and savings.
Regular Premium Unit Linked Policy assures the whole premium as well as premiums for top-ups given by the insurance holder. This plan also helps the policy holder to increase all the benefits of a rising market at the same time caring the insured and the family of the insured from the negative aspect, risk of the market.
The plan also has the option to package with Accidental Death & Disability and Term Insurance riders. Liquidity in the form of partial withdrawals from top-up fund is available under this plan only. Alternative option to invest from 3 pre-packaged investment fund options is allowed under this particular plan of Reliance Savings and Investment Plans. Only one of its kind Return Shield feature to protect the returns is available under this policy.
Retirement Plan gives the choice to invest from 3 pre-packaged investment fund options. Unmatched flexibility through ‘Exchange Option’ of the product to shift between the Reliance Life Insurance Unit Linked products offered, as the policy holder grows up the ladder. Retirement Plan gives liquidity in the form of partial withdrawals from top up fund. Option to package with Accidental Death & Disability and Term Insurance riders is also available under this policy. Under this plan the investment risk is to be borne by the policy holder under investment portfolio.
Talking about this policy the sum of all premiums paid is assured to return on maturity or on death before the maturity. With this policy the capital guarantee is obtainable on both the basic premiums as well as on top-up premiums.
Savings and Investment Plan has unmatched litheness through the ‘Exchange Option ‘of the company to shift between the Reliance Life Insurance Unit Linked products offered, as the policy holder grows up.
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