Group PlansReliance Nippon Life Group Term Assurance Plan EDLI
Synopsis:
fjrigjwwe9r3SDPrivInsuProd:Synopsis
fiogf49gjkf0d
Savings in premium to the employer as contribution to RPFC is the function of salary, whereas taking an insurance cover with Reliance Life would depend upon the age and the risk profile of the industry.
Claim settlement is quicker and not linked to the account balance/li>
One year renewable contract
Benefits payable on death due to natural or accidental causes
On maturity, the contract can be renewed at mutually agreeable terms and conditions
Benefits:
fjrigjwwe9r3SDPrivInsuProd:Benefits
Benefits to the employer and employee
Savings in premium to the employer as contribution to RPFC is the function of salary, whereas takings an insurance cover with Reliance Life would depend upon the age and the risk profile of the industry.
Claim settlement is quicker and not linked to the Account balance.
Alternatively, for the same premium amount payable to RPFC, an employer can take an enhanced cover varying between Rs. 62,000 - Rs. 1,50,000.
Features & Benefits
One year renewable contract
Benefit is payable on death due to natural or accidental causes
No survival benefits are payable at the end of the contract
One maturity of the contracts, it can be renewed at mutuality agreeable terms and conditions.