Reliance’s Super Endowment Plan has been designed to ensure that you can save for your future along with the benefit of life cover and provide protection to your family.
Get sum assured on maturity of the policy.
Choose your policy term: 14 or 20 years
Pay limited premium for half of the chosen policy term.
Get life cover of at least 10 times the annualised premium for the entire policy term.
Get tax benefit on investment and on return, as per the applicable income tax laws.
Parameters
Minimum
Maximum
Age at entry (Years)
8 (last Birthday)
60 (last birthday)
Age at Maturity (Years)
22 (last Birthday)
75 (last birthday)
Policy Term (Years)
Premium Payment Term (Years)
Half of the Policy Term
Premium Payment Options
Premium Payment Mode
Yearly, Half-yearly, Quarterly and Monthly
Get Guaranteed Sum Assured on maturity of the policy, provided the policy is in force and all due premiums have been paid.
In case of the unfortunate demise of the Life Assured during the policy term, provided the policy is in force as on the date of death, the nominee will receive maximum of Guaranteed Sum Assured, 10 times the Annualised Premium or 105% of all the premium paid, excluding the under writing extra premiums as on the date of death.
Flexible premium payment modes
You have the option to pay regular premiums under Yearly, Half-yearly, Quarterly and Monthly mode. Quarterly and Monthly modes are allowed only if premiums are paid electronically. The mode of premium payment can be changed on the Policy Anniversary.
| Mode | Discount(in percentage) |
|---|---|
| Yearly | 2.5 |
| Half- Yearly | 1.5 |
| Quarterly | Nil |
| Monthly | Nil |
High Sum Assured rebate is offered under the plan as mentioned below:
| Sum Assured | Rebate per ₹ 1,000 Sum Assured |
|---|---|
| Less than ₹ 2,50,000/- | Nil |
| ₹ 2,50,000/- and above but less than ₹ 5,00,000/- | ₹ 3 |
| ₹ 5,00,000/- and above but less than ₹ 10,00,000/- | ₹ 3 |
| ₹ 10,00,000/- and above | ₹ 3 |
