Reliance Life Insurance Money Multiplier Plan

Reliance Life Insurance Money Multiplier Plan is a non-linked non-participating endowment plan. This plan not only provides protection to your family in your absence, but also creates wealth for the ever growing financial support required. This versatile plan combines the security of long-term insurance protection with the growth potential through an increasing Guaranteed Loyalty Additions every year during the policy term and a Guaranteed Maturity Addition at the end of the policy term.

• Guaranteed Money Back during the last 5 policy years
• Guaranteed Loyalty Additions up to 40% of Sum Assured
• Guaranteed Maturity Addition up to 20% of Sum Assured, at maturity of the policy

• The plan provides Triple survival benefit like Basic sum assured plus Accrued Guaranteed Loyalty Additions plus Guaranteed Maturity Addition
• All future premiums are waived and Guaranteed Benefits continue
• This Plan offers increasing Guaranteed Loyalty Additions every year and Guaranteed Maturity Additions with policy term

• Maturity Benefit:

1. Basic sum assured
2. Accrued Guaranteed Loyalty Additions
3. Guaranteed Maturity Addition

Note : - The policy terminates on payment of maturity benefit

• Death Benefit: On the death, the nominee will get twice the basic sum assured and Accrued Guaranteed Loyalty Additions, if any

• Reliance Accidental Death and Total and Permanent Disablement Rider:
  Provide additional death/disability benefit if the death/disability occurs as a result of an accident. Also, the Waiver of Premium benefit under the rider continues the plan incase of disability
• Reliance Term Life Insurance Benefit Rider:
  Provide additional death benefit depending on the sum assured selected under the rider.
• Reliance New Major Surgical Benefit Rider:
  Provides lump sum amount to cover surgical expenses from a list of 33 surgeries including Open Heart surgery, KidneyTransplant, Cornea transplantation, Transplant of Lungs and many more.
• Reliance New Critical Conditions (25) Benefit Rider:
  Provides lump sum amount to take care of 25 critical conditions including Cancer, Heart Attack, Paralysis, Major Organ transplant and many more.
• Reliance Life Insurance Family Income Benefit Rider:
  This rider provides a benefit of 1% of the rider sum assured every month (i.e.12% per annum), to the beneficiary.

If the Life Insured under the Policy, whether medically sane or insane, commits suicide, within one year of the date of issuance of the Policy, the Policy shall be void and the Company will only be liable to pay the premiums paid till date.

Tax Benefits

Tax benefits will be as per prevailing tax laws. Tax laws are subject to change.

Know claim process of Reliance Life Insurance Money Multiplier Paln

Claim Process

Reliance Life Insurance is a part of Reliance Capital of the Reliance Group. Reliance Capital is one of India's leading private sector financial services companies, and ranks among the top private sector financial services and non-banking companies, in terms of net worth. Nippon Life Insurance Company acquired 26% interest in equity share capital of the Company effective October 7, 2011 subsequent to receipt of all regulatory approval.