Reliance Life Money Multiplier

Recommendations :No

Name of the policy :
Reliance Life Money Multiplier

A brief desciption :

Reliance Life Money Multiplier is a traditional endowment plan poviding double the sum assured as death benefit and also provides guaranteed loyalty additions. However such benefits are backed by extra charges and eventually with high premiums providing returns way below a simple FD and an insurance cover way below a simple term plan which makes this plan unaffordable and worthless.

Started date :9/11/2010
Type of policy :Insurance cum investment
Category :Traditional- Endowment Plan
Insurance :Min- 50,000 Max- No limit
Returns expected :Less than Fixed Deposit
Entry age :18-65 Years
Surrender :Avaliable but with no clear details

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