Reliance Life Insuance Super Endowment Plan

Recommendations :No

Name of the policy :
Reliance Life Insuance Super Endowment Plan

A brief desciption :

Reliance Life Insuance Super Endowment Plan is a traditional endowment plan catering to your protection and savings needs. However the truth is that the returns provided by this scheme are way below a simple fixed deposit and when it comes to insurance the SA is much higher in Simple term plan with lower premiums. So it is strongly advisable to avoid this plan.

Type of policy :Insurance cum investment
Category :Traditional- Endowment Money Back Plan
Insurance :Min- 1 lakh Max- No limit
Returns expected :Less than Fixed Deposit
Entry age :8-60 Years
Surrender :Guaranteed Surrender Value = 30% of all premiums paid -1st year's premium

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