What is the lock-in period of Reliance Nippon Life Insurance?

What is the lock-in period of Reliance Nippon Life Insurance?

There is lock-in period of three years under the Top-Ups from the date of payment of Top-Ups during which no partial withdrawal is allowed. The lock-in period is not applicable to Top-ups made during last three years of a policy.

What is the plan of Reliance?

Reliance Future Income

Minimum Maximum
Policy Term 14/16/18/20/22/24 years
Sum Assured Rs.2,00,000/- No limit
Annual Premium Rs.15,680/-
Premium Payment Frequency Yearly, half-yearly, quarterly, monthly

How can I check my reliance Nippon policy?

Step 1: Visit the official website of Policybazaar Brokers Private Limited. On the top right, click on the ‘Sign in’ tab. Step 2: Enter your registered phone number and the OTP received on the same. Step 3: You will be redirected to the dashboard.

Is Reliance Nippon Life Insurance A Good Investment?

High Claim Settlement Ratio: Reliance Life Insurance secures an impressively high claim settlement ratio of 98.12% in the FY 2019-20. The claim settlement ratio of an insurer signifies the number of insurance claims settled by the insurance company against the total number of claims in a financial year.

How can I check Reliance policy status?

How to Check the Policy Status on Policybazaar?

  1. Step 1: Visit the official website of Policybazaar Brokers Private Limited. On the top right, click on the ‘Sign in’ tab.
  2. Step 2: Enter your registered phone number and the OTP received on the same.
  3. Step 3: You will be redirected to the dashboard.

Who is owner of Reliance Nippon?

Reliance Capital
Nippon Life
Reliance Nippon Life Insurance/Parent organizations

How can I know my reliance policy number?

You can call on the toll-free number 1800 102 1010 in case of any query.

  1. You can also call on the number 022 4882 7000 from 09:00 am to 06:00 pm from Monday to Saturday.
  2. In case of any claim-related queries, you can call on either of the two numbers – 1800 102 3330 or 022 3000 2700.

How many types of Reliance insurance are there?

Reliance Nippon Life Protection Plans:

Plan Type
Life Secure Rs.1 crore 30 years
Enhanced Life Secure Rs.50 lakh 35 years
Life and Income Secure Rs.50 lakh 35 years
Life Secure with Increasing Income Benefit Rs.1 crore 35 years

How can I check reliance policy status?

Is Reliance Nippon Life Insurance Safe?

Yes, Reliance Nippon Life Insurance is Safe. The Reliance Nippon Life Insurance Company provides the best life insurance policy at reasonable premiums. The Company offers life insurance cover and an excellent claim settlement ratio to secure your family and it will help to protect your loved ones even after death.

Who is the owner of Nippon?

Nippon Paint

Founder Jujiro Motegi
Headquarters Oyodo Kita, Kita-ku, Osaka 531-8511 , Japan
Area served Worldwide
Key people Masaaki Tanaka (President) Goh Hup Jin (Chairman)
Products Paints Coatings Fine chemicals

Who owns Nippon?

Reliance Mutual Fund has been renamed as Nippon India Mutual Fund. The new name came after Nippon Life Insurance of Japan completed the acquisition of 75 per cent stake in Reliance Nippon Life Asset Management from Reliance Capital.