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Reliance Nippon Digi-Term Insurance Term Benefits

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Highlights
Claim Settlement Ratio98.49%
Customer Care9:00 AM to 7:00 PM
Death Benefit Paid For7,866 Policies
Inception2001
Presence713 Branches
Total Death Benefit PaidRs. 157.03 Crore

Some of the prime benefits you can expect under Reliance Nippon Life Digi-Term Plan are:

Benefit on Death or Diagnosis of Terminal Illness: In case the policyholder is diagnosed with a terminal illness or in case of the unfortunate death of the policyholder during the policy term, following benefits are offered as per the plan option chosen-

  • Sum assured on death - Under plan options like Life Secure, Enhanced LIfe Secure, and Whole Life Secure.
  • Sum assured on death plus level monthly income of 0.5% of base sum assured for 10 years - Life & Income Secure (Level Income Benefit).
  • Sum assured on death plus increasing monthly income of 0.5% of base sum assured that increases at 10% p.a. for 10 years - Life & Income Secure (Increasing Income Benefit)

Key Inclusions and Exclusions of the Plan

What's Included

  • Death benefit
  • Terminal illness cover
  • Flexible plan options
  • Additional riders
  • Tax benefits

What's Not Included

  • Death due to suicide within 12 months
  • Nuclear contamination
  • Committing a criminal offense
  • Participation in hazardous activities
  • Alcohol consumption or drug abuse

Reliance Nippon Digi-Term Insurance Plan Brochure

  • 210.82 KB
  • PDF Document
  • Sep 01, 2021

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