Reliance Nippon Life Nishchit Bhavishya
A Non-Linked Non-Participating Individual Savings Life Insurance Plan
SANKALP
EK SUNEHRE
BHAVISHYA KA
Key benefits of Reliance Nippon Life Nishchit Bhavishya – Variant 1
High death cover during premium Enhanced Protection through
payment term choice of riders
Increasing Benefits to balance the Tax Benefits as per the
increasing cost of living prevailing tax laws
Flexibility to pay for a limited period of 10 or 12 years and enjoy benefits for
the entire policy term
Plan at glance
Variant 1 provides income benefit post premium payment term along with a lump sum maturity benefit.
Minimum Age at Entry1 (in years) 5 years
Maximum Age at Entry (in years)
1 50 years
Premium Payment Term – PPT (in years) 10 12
Policy Term – PT (in years) 30 35 36 42
Maximum Age at Maturity1 (in years) 80 85 86 92
Premium Payment Frequency Yearly, Half-yearly, Quarterly, Monthly
All the references to age are based on age last birthday.
1
The product shall be available for both online and offline sale.
Premiums will vary depending upon the plan variant chosen, age, PPT and PT.
Example: Mr. Ankit is a 35-year-old IT professional Premium Payment Term 10 years
and purchases Reliance Nippon Life Nishchit Policy Term 30 years
Bhavishya to secure his future milestones for Annual Premium D75,000
the years to come. Base Sum Assured D7,85,423
Mr. Ankit enjoys Income Benefit from 11th year to Mr. Ankit’s Benefits Amount (in D)
29th year starting from D37,500 and it would keep Total Income Benefit in 19 years (A) 10,33,125
on increasing at a simple rate of 5% per annum. Fixed Loyalty Addition (B) 1,96,356
He uses the yearly increasing income for regular
Base Sum Assured (C) 7,85,423
cashflow needs and to cope up with the inflation.
Maturity Benefit (D=B+C) 9,81,779
At maturity, he receives a guaranteed lumpsum Total Benefits Received (A+D) 20,14,904
maturity benefit of D9,81,779 through which he
Total Premiums Paid 7,50,000
plans to take a post retirement foreign trip.
Lump sum
Maturity Benefit of
E 9,81,779
num
5% per an
ple rate of
incom e at a sim
Starting Income of Increasing
50% of Annualized
Premium = D37,500
Policy
Year : 0 Pays Annual Premium 9 10 11 30
of E 75,000 for 10 years
Age : 35 65
Death Benefit of D 15.7 Lakhs Death Benefit of D 9.8 Lakhs
The Premium mentioned above is for a healthy male and is exclusive of any loadings and taxes.
This product one pager gives only the salient features of the plan and it is only indicative of terms, conditions, warranties and exceptions. This one pager should be read in conjunction with the Benefit
Illustration and Policy Terms And Conditions. For further details on all the conditions, suicide exclusion related to Reliance Nippon Life Nishchit Samrudhi, please contact our insurance advisors.
Tax laws are subject to change, consulting a tax expert is advisable. Trade logo displayed above belongs to Anil Dhirubhai Ambani Ventures Private Limited & Nippon Life Insurance Company and
used by Reliance Nippon Life Insurance Company Limited under license.
BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS: IRDAI is not involved in activities like selling insurance policies,
announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.
Reliance Nippon Life Insurance Company Limited (IRDAI Registration No. 121)
Registered & Corporate Office: Unit Nos. 401B, 402, 403 & 404, Visit us
4th Floor, Inspire-BKC, G Block, BKC Main Road, Bandra Kurla [Link]
Complex, Bandra East, Mumbai - 400051. India. T +91 22 6896 5000
Call us: 1800 102 1010 (Toll Free) between Like us on Facebook
9 am to 6 pm from Monday to Saturday. [Link]/RelianceNipponLifeInsurance
Email us Follow us on Twitter
[Link]@[Link] @relnipponlife
UIN for Reliance Nippon Life Nishchit Bhavishya: 121N145V01. CIN: U66010MH2001PLC167089. Mktg/FBM_NB Variant 1/V1/Mar23