Have you been looking for a investment plan which also covers your life insurance , that too for free, your wait is over now. ReliAnce brings you SIP (Systematic Investment Plan) that also offers a Free Life Insurance. An the best thing with this investment plan is that you have the faith of Reliance with you.
Main Features of the Plan:
Main Features of the Plan:
- Very easy monthly installments.
- In case of any unfortunate event of demise you don't have to worry about your installments, We will pay it for you.
- What more.. there is no medical test required.
Wondering what this SIP exactly is?? SIP is a Systematic Insurance plan offered by ReliAnce that also overs insurance without any extra investment, just for free.
Why Choose Reliance SIP:
Why Choose Reliance SIP:
- The major advantage you have with Reliance Systematic Investment Plan is that are going to have a insurance cover for yourself, without any extra cost.
- In the unfortunate event of the demise of an investor during the tenure of the SIP, the insurance company would pay for the balance amount towards the remaining unpaid SIP installments
- This amount would be invested in the same scheme/s(under which the deceased investor has enrolled for SIP) at the applicable closing NAV on the date of receipt of the claim settlement cheque from the insurance company.
- Thus the nominee would be able to continue in the scheme without having to make any further contribution.
Who is eligible:
- All individual investors enrolling for investments via SIP & opting 'Reliance SIP Insure'
- The individual investors who has completed the age of 20 years or less than 46 years at the time of investment.
Designated Schemes in which ReliAnce SIP Insure will be offered:
- Reliance Growth Fund - Retail Plan
- Reliance Vision Fund - Retail Plan
- Reliance Equity Opportunities Fund - Retail Plan
- Reliance Equity Fund - Retail Plan
- Reliance Regular Savings Fund - Balanced Option
- Reliance Banking Fund
- Reliance Pharma Fund
- Media & Entertainment Fund
- Reliance Diversified Power Sector Fund - Retail Plan
Free Life Insurance cover provided as part of an add on feature called as 'Reliance SIP Insure' arranged and funded by Reliance Capital Asset Management Limited Through "Reliance Group Term Insurance Scheme" of Reliance Life Insurance Company Limited for insuring the outstanding SIP insure installments subject to conditions.
