Reliance Special Term Plan

Recommendations :No

Name of the policy :
Reliance Special Term Plan

A brief desciption :

Reliance Special Term Plan is an endowment plan under the banner of term plan that returns back all the premiums paid at maturity. Though the idea of getting back all the premiums paid seems attractive, the premium charged for this additional benefit is quite high than simple term plan. Moreover it is always better to invest extra money elsewhere and gain higher returns.

Started date :10/2/2004
Type of policy :Insurance cum investment
Category :Traditional- Endowment Plan
Insurance :Min- 2,50,000 Max- No limit
Returns expected :Less than Fixed Deposit
Entry age :21-60 Years
Surrender :30 % of all premiums paid

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