The Reliance Super Invest Assure plus plan: Savings and Investment Plan is an ultimate investment plan that extends the advantage of life insurance cover along with flexible investment selections. The most beautiful feature of the plan is that it offers extra allocation of units every year to get better the investment of the policy holder. It enables the policy holder to enjoy the potentially high returns without any compromise regarding the security of the family.
The key features of Reliance Super Invest Assure Plus Plan: Savings and Investment Plan are:
- Reliance Life Insurance gives Guaranteed Addition of 2.5% of each year’s annualized premium from 4th policy year at the end of every year.
- The Reliance Super Invest Assure Plus Plan: Savings and Investment Plan gives the flexibility to select any amount of assured sum chosen for the policy holder life protection subject to the highest limit.
- The policy has the option to reduce the annualized premium from 2nd year onwards on any policy anniversary. The abridged annualized premium up to 3rd policy anniversary shall not be a reduced amount of 75% of the annualized premium during the first year. Provided that the smallest amount annualized premium during any policy year shall not be less than Rs. 20,000.
- This policy also gives the chance to reduce the annual premium with proportionate reduction in the sum assured.
- This policy also has the feature to pay the premiums in top ups.
The maturity proceeds can be planned according to the financial requirement with settlement and exchange options.
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Tags: insurance plan, Reliance Life