reliance super invest assure plan v1s
DESCRIPTION
TRANSCRIPT
A Reliance Capital company
Strictly For Internal Communication Only A Reliance Capital company
Reliance Super InvestAssure Plan
June 3rd, 2008
Get More Than You Can Ask For!
A Reliance Capital company
Strictly For Internal Communication only A Reliance Capital
company
I have earne
d money with much effort
s
Savings will help
me protect
my money
I have my own financial needs
With money protection I
also need life protection
I should have options
as per my risk capacity
Currently which are
good investment avenues?
Will these investments reap
required returns and safeguard my
money
A Reliance Capital company
Strictly For Internal Communication only A Reliance Capital
company
How do I fulfill my needs?How do I fulfill my needs?
I want a Complete Plan addressing my
needs
Financial Planning
Security
Flexibility
Investment Return
A Reliance Capital company
Strictly For Internal Communication only A Reliance Capital
company
Reliance Life Insurance PresentsReliance Life Insurance PresentsAn OpportunityAn Opportunity
For each one of usFor each one of usTo get what we want……To get what we want……
The Road to prosperity starts here !The Road to prosperity starts here !
A Reliance Capital company
Strictly For Internal Communication only A Reliance Capital
company
Wide Investment Options with over 7 funds
Liquidity through Partial Withdrawals
Protection with Life Cover, additional protection with Accident & Health Riders
Rewards in form of Guaranteed Additions of upto 250% of annual
premium amount
Tax saving u/s 80 C, 80D & 10 (10D)
Unmatched flexibility on your investments
RELIANCE SUPER INVESTASSURE PLAN
A Reliance Capital company
Strictly For Internal Communication only A Reliance Capital
company
Loyalty Additions….makes you Earn More !!!!Loyalty Additions….makes you Earn More !!!!
50% of First Year’s basic premium added to the Fund Value on 10th policy anniversary
And..
Every 5th policy anniversary thereafter as long as the policy is in force
Earn up to
250 %250 %of First Year Basic Premium as
Loyalty Additionsduring the policy term
A Reliance Capital company
Strictly For Internal Communication only A Reliance Capital
company
Build Your Own Portfolio – Choice of 8 FundsBuild Your Own Portfolio – Choice of 8 Funds Flexibility to choose from the wide Fund Options like :
Equity FundEquity Fund
Corporate Bond FundCorporate Bond Fund
Money Market FundMoney Market Fund
Gilt FundGilt Fund
Infrastructure FundInfrastructure Fund
Energy FundEnergy Fund
Mid Cap FundMid Cap Fund
Pure Equity FundPure Equity Fund
New
New
New
Equity Fund
Corporate Bond
Energy Fund
Money Market Fund
Gilt Fund
Infrastructure Fund
Microsoft PowerPoint Presentation
Choose your own MIX !!!!!
New
MidCap Fund
A Reliance Capital company
Strictly For Internal Communication only A Reliance Capital
company
Systematic Transfer Plan – Minimize risk due to market volatility A procedural shift from a low risk investment in to equities The initial amount is invested in the Gilt fund 25% of units transferred to equity fund every week for equivalent fund value In effect Cost per unit is averaged out.
Top-Up your investment Top-ups allowed only if all the due regular premiums till date are paid Maximum top-up allowed is 25% of the total regular premiums paid till date Minimum Top up can be Rs 2500/-
52 free switches in a year Alter your fund mix as per your requirements
Settlement Option Maturity proceeds can be withdrawn in periodic installments within the last 5 years of the policy
Premium Redirection Alter fund allocation of future premiums Redirection will not affect premiums allocated prior to the
request Available free of cost
Unmatched Flexibility To Manage Your FundsUnmatched Flexibility To Manage Your Funds
A Reliance Capital company
Strictly For Internal Communication only A Reliance Capital
company
Total ProtectionTotal Protection
Life Cover Upto 20 times the Annual Premium depending on age
Option to choose any of the 4 following Riders –
Reliance Critical Conditions (25) Rider
Reliance Major Surgical Benefit Rider
Reliance Term Life Insurance Benefit Rider.
Reliance Accidental Death and Total & Permanent Disablement Rider
Critical Conditions Rider
Major Surgical Benefit
Accidental Benefit Rider
TLR
Any or all of the 4 riders can be chosen subject to the sum of rider premiums not exceeding 30% of the premiums paid under Basic Plan.
A Reliance Capital company
Strictly For Internal Communication only A Reliance Capital
company
Liquidity….whenever you want it the Liquidity….whenever you want it the most…most…
It is possible to make a full or a partial surrender of the plan before the maturity date.
Surrender Value is acquired immediately on payment of the First premium. However, it is payable only after completion of three policy anniversaries
Partial Withdrawals Are allowed anytime after 3 policy years or attainment of age 18
whichever is later. Policy continues to remain in force Withdrawal charges are equal to surrender charges
Total Withdrawals i.e. Surrender Allowed anytime after 3 years Policy ceases after surrender
A Reliance Capital company
Strictly For Internal Communication only A Reliance Capital
company
Tax BenefitsTax Benefits
As per Income Tax Act, 1961premiums are eligible for tax deduction as under,
Premiums paid in respect of basic policy – u/s 80 C of the Act. Premium paid under Reliance Term Life Rider – u/s 80C of the Act Premium paid under the Reliance Accident Benefit Rider – u/s 80 C of the Act Premium paid under Reliance Major Surgical Benefit Rider and Reliance Critical
Conditions (25) Riders – u/s 80D of the Act.
The benefits under this plan and riders are tax exempt u/s 10 (10D) of the Act.
Partial or Total Withdrawal under the plan is exempt u/s 10 10(D) of the Act.
A Reliance Capital company
Strictly For Internal Communication only A Reliance Capital
company
Guaranteed Additions
Guaranteed Additions 10th Year 50%
15th Year 50%
20th Year 50%
25th Year 50%
30th Year 50%
A Reliance Capital company
Strictly For Internal Communication only A Reliance Capital
company
Fund Management Charge
Fund Name Annual Rate
Equity Fund 1.50%
Corporate Debt Fund 1.25%
Money Market Fund 1.25%
Gilt Fund 1.25%
Infrastructure Fund 1.50%
Energy Fund 1.50%
Midcap Fund 1.50%
Pure Equity Fund 1.50%
Fund C –Pure Debt fund 1.30%
Service Tax charge or any other charges, as may be levied by Governmental authorities, on Fund Management Services or any other services, as may be applicable, shall be recovered from the policyholder.
A Reliance Capital company
Strictly For Internal Communication only A Reliance Capital
company
Choosing the Sum AssuredChoosing the Sum Assured
Minimum Sum AssuredMinimum Sum Assured
- 5 times of the Annualized Premium
Maximum Sum AssuredMaximum Sum Assured
- As per the Table
Age at entry (last birthday) Maximum Sum Assured
0 to 40 20 times of Annualized Premium
41 to 45 15 times of Annualized Premium
46 to 50 10 times of Annualized Premium
51 to 60 5 times of Annualized Premium
A Reliance Capital company
Strictly For Internal Communication only A Reliance Capital
company
Product LimitsProduct Limits
Basic Plan Minimum Maximum
Age at Entry 30 days 60 years
Age at Maturity 15 years 75 years
Policy Term 15 years 30 years
A Reliance Capital company
Strictly For Internal Communication only A Reliance Capital
company
Premium Modes & LimitsPremium Modes & Limits
Mode Minimum Maximum
Yearly Rs. 5,000/-
No LimitHalf Yearly Rs. 2,500/-
Quarterly Rs. 1,250/-
Monthly Rs. 500/-
Top Up Rs. 2,500/-No Limit
(Subject to Max 25% of Total Premium Paid)
A Reliance Capital company
Strictly For Internal Communication only A Reliance Capital
company
Non Medical Limits
Age Limit with standard Limit with non
(years) age proofs standard age proofs
0-18 1,000,000 1, 000,000
18-35 1,500,000 1,000,000
36-45 1,000,000 600,000
46-50 500,000 200,000
51 & above 100,000 100,000
A Reliance Capital company
Strictly For Internal Communication only A Reliance Capital
company
AgendaAgenda
Consumer SpeakConsumer Speak
Introducing Reliance Super Invest AssureIntroducing Reliance Super Invest Assure
Plan DetailsPlan Details
Plan Summary
A Reliance Capital company
Strictly For Internal Communication only A Reliance Capital
company
Benefit Summary
Regular Premium Unit Linked Insurance Plan
Guaranteed Addition’s – up to 250% of annual premium in addition to earnings growth (10 th year 50% - 15th year – 50%, 20 th year 50%, 25th year 50% and 30th year 50%)
Wide array of 8 fund options including 3 Sectoral Funds and a Pure Equity Fund
Liquidity through partial withdrawals
Life Cover upto 20 times Annual Premium Depending on Age
Unparalleled investment flexibility through Free Switches, Top-ups, Systematic Transfer, Premium Redirection and Exchange
Additional Protection with Riders (Reliance Term Life, Reliance Accidental Death & Total & Permanent Disablement, Reliance Critical Conditions (25) & Reliance Major Surgical Riders)
A Reliance Capital company
Strictly For Internal Communication Only A Reliance Capital company
Happy Selling
Strictly for internal Circulation only