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Reliance Nippon Digi-Term Insurance Term Eligibility

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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

Reliance Nippon Life Digi-Term Plan Features

Some of the major features under the plan are:

  • Terminal Illness Cover: The policy provides coverage against terminal illness along with the death benefit. Terminal Illness Benefit is offered to the policyholder in case they are diagnosed with any of the terminal illnesses. This benefit is embedded into the plan, so the policyholder does not have to pay an extra cost.
  • Coverage Options: The policy comes under multiple coverage options that vary in their benefits. The key plan options are Life Secure, Enhanced Life Secure, Life & Income Secure, Life Secure with Increasing Income Benefit, and Whole Life Secure.
  • Optional Coverage: The policy offers the policyholder a chance to enhance their coverage by opting for riders such as Accidental Death Benefit Rider, Accidental Death and Disability Rider, and Accidental Death and Disability Plus Rider by paying an additional premium.
  • Affordable Premium: The policy comes at an affordable premium rate despite offering cover for death benefit as well as terminal illness benefit.

Reliance Nippon Life Digi-Term Plan Eligibility Criteria

The eligibility criteria for Reliance Nippon Life Digi-Term Plan is as follows:

PARAMETER

LIMITS

Minimum age at entry

18 years (Based on Plan Option Chosen)

Maximum age at entry

60 years (Based on Plan Option Chosen)

Maximum age at maturity

Whole of Life or 80 years

Policy Term

15 years to Whole of Life

Minimum Basic Sum Assured

Rs. 25 Lakh (in multiples of 1 Lakh)

Maximum Basic Sum Assured

No limit (subject to board approved underwriting policy)

Premium Paying Term

Limited Pay, Regular Pay

Premium Paying Frequency

Yearly, Half-yearly, Quarterly and Monthly

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

Digi-Term Insurance Plan Reviews

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What users are saying
  • All
  • Customized Premium Payment Opt...

    InsuranceDekho offers various premium payment options, making it convenient to choose the one that suits your financial situation. While buying the Reliance Nippon Term Life Insurance- Digi-Term Insurance Plan I had no problem while making the payment.

    A
    By Aadhya Sharma
    On: Sep 27, 2023
  • Flexible Payment Options

    Insurancedekho has many flexible options once you purchase a policy from there. I got the flexibility in premium payment options which allowed me to choose the Reliance Nippon Term Life Insurance- Digi-Term Insurance Plan that suited my financial situation perfectly.

    S
    By Sohan Singh
    On: Sep 14, 2023
  • Various payment options availa...

    I was searching for good-term insurance when I visited the InsuranceDekho website. The website is nicely designed and the best part I found was the variety of payment options available, I had long searching for such a website and InsuranceDekho truly catered to all my demands. I purchased the Reliance Nippon Term Life Insurance- Digi-Term Insurance Plan.

    R
    By Rupali Jain
    On: Sep 01, 2023
  • Got to know about useful rider...

    While purchasing the Reliance Nippon Term Life Insurance- Digi-Term Insurance Plan from InsuranceDekho I got to know about some useful riders which can help me increase the scope of coverage of my term plan. I purchased the term plan and added a suitable rider to my term plan. -

    P
    By Pooja Paskar
    On: Aug 23, 2023
  • Financial Security for Depende...

    I got the much-needed financial security for my dependents when I bought the Reliance Nippon Term Life Insurance- Digi-Term Insurance Plan from InsuranceDekho. It's reassuring to know that they will be well taken care of in case of any unfortunate event.

    S
    By Sameer Bandi
    On: Jul 18, 2023

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