We offer clients reliance protection insurance plans, which are specifically designed to meet the insurance needs of the individuals and family members. These plans are useful for protection from any calamity efficiently. Apart from this, these protection plans also guarantee higher insurance protection at economical rates. We offer a large number of limited period plans as well as lifetime protection plans, which are mentioned below:

Reliance Term Plan

Reliance Term Plan is a pure life insurance plan, which offers the comprehensive & affordable coverage for a limited period of time to suit the needs of customers.

Features:

• Maximum protection at low premium rate
  
• Cost effective way to protect the family against various financial liabilities like loss of income, outstanding loans etc
  
• Discount on premium rates for the women
  
• Ideal for business owners for covering the life of key employees
  

Reliance Simple Term Plan

We offer reliance simple term plans, which are economical and pure life insurance plans and ensure the bright & secure future of customers. These plans are designed for a limited period of time to suit the needs of customers.

Reliance Special Term Plan

Reliance Special Term Plan is a life insurance policy, which on maturity returns all the premiums paid for the basic policy. This plan has been proved extremely beneficial in terms of its broad scope and cost efficiency.

Features:

• Economic as well as higher insurance protection
  
• Refund of basic premiums at maturity
  
• Option of paying Regular or Single Premium
  
• Discount on premium rates for women
  
• Option of adding the benefits of 2 riders to the Policy- 1. Critical Illness and Accidental Death Benefit 2. Total and Permanent Disablement Rider
  

Reliance Credit Guardian Plan

The Reliance Credit Guardian Plan secures the individual and family from different loan liabilities including housing loans, personal loans, outstanding credit card bills etc. On the maturity, this plan returns all the premiums paid for the basic policy

Features:

• Coverage of different types of loans
  
• Benefit of refund of all paid premiums on maturity
  
• Limited term of paying premium
  
• Single or Regular Premium payment option
  
• For women discount on premium rates
  
• Decreasing term insurance
  

Reliance Special Credit Guardian Plan

Investment in Reliance Special Credit Guardian Plans provides the customers full protection from any type of loan liability. This plan refunds the all premium paid for the basic policy.

Features:

• Coverage of various kinds of loans like housing loan, personal loan, outstanding on credit cards etc.
  
• Option of Single or Regular Premium payment
  
• Limited premium paying term
  
• Special discount on premium rates for women
  
• Option of adding 2 Riders – 1. Critical Illness and Accidental Death Benefit 2. Total and Permanent Disablement Rider
  

Reliance Endowment Plan

The Reliance Endowment Plan gives the customers financial independence by allowing them to decide the amount of Sum Assured based on their current financial position & expected future expenses.

Features:

• Wealth creation through bonus additions
  
• On maturity receive Sum Assured plus bonuses
  
• More value for clients' money through high sum

We offer Reliance Retirement Plans, which provide customers financial assistance along with mental relief in their old age. This plan ensures that the policyholders continue to get some income after retirement and do not have to depend on any other person and compromise with their desires due to monetary constraints.

Total Investment Plan II – Pension

Reliance TIP Series II- Pension is a single premium unit linked pension plan with options to purchase the same plan with reduced allocation charges in subsequent policy years. As more premium is allocated towards investment due to lower allocation charges on subsequent purchases greater would be the returns.

Features:

• The pace setter plan with unmatched flexibility
  
• Tax benefit under Sec. 80C of Income Tax Act 1961
  
• Investment opportunity with flexibility
  
• Control over customers' investments
  

Other plans

Apart from this, we also offer different retirement plans, which includes:

• Reliance Golden Years Plan
  
• Reliance Golden Years Plan Value
  
• Reliance Golden Years Plan Plus
  
• Reliance Wealth + Health Plan
  
• Reliance Automatic Investment Plan
  
• Reliance Money Guarantee Plan
  

We offer Reliance/ICICI Prudential employer liability solutions, which assist employers to cover the life of employees from accidents & disablements. Apart from this, these solutions provide them freedom from forecasting and managing liability for employees gratuity, leave encashment and pension. Thus these solutions help them to efficiently manage the employee’s well-being. We provide following reliance employer liability solutions to our clients:

Group Superannuation Plan

The Reliance/ICICI Prudential Group Superannuation Plan allows the employers to tailor their superannuation schemes to suit various groups of employees. Employers can receive tax benefits if they contribute toward an employee’s salary. These plans provide the employees enough funds ensuring their hassle free retirement years.

Phases : Accumulation and commutation are 2 phases in the superannuation schemes.

Accumulation phase- It is the first phase, where employers make a contribution into fund on behalf of each employee in order to build a retirement corpus which provides the employee with financial security at retirement.

Besides it, the contributions of employers can also be built into the employee’s remuneration package and are considered a part of Cost to Company (CTC) thereby meeting the various objectives of employee welfare, the financial planning and tax planning.

Commutation phase - It is the second phase, where annuity payment beings after the vesting date.

Group Gratuity Plan

Reliance/ICICI Prudential Group Gratuity Plan is a market linked plan, which efficiently assists the employers to manage their employee’s gratuity.

Benefits :

• Helps in maximizing returns on gratuity investments & reduce the contributions in subsequent years.
  
• Future services gratuity can be availed in case of unfunded & self managed gratuity schemes.
  
• Flexibility option of enhanced benefits if defined in the Trust Deed & Trust Rules.
  

Group Leave Encashment Plan

The Reliance/ICICI Prudential Group Leave Encashment Plan is an unite linked plan, which helps the employers to effectively met their leave encashment liability towards the employees.

Features:

• Option of flexible premium payments to allow the employers pay premiums depending on their cash flows.
  
• Flexible Investment Options, which allow the employers to spread their investment risk across the range of investment options made available, depending on their risk appetite & investment objects.
  
• Switching of Funds, Transferring (switching) assets from one investment fund to another can be done any time. Employers can make up to 52 switches free of charge each year.
  
• Flexibility to select the level of Life insurance cover (subject to a minimum of Rs. 1000/- per employee) thus, promising protection on the life of employee at nominal cost.
  

We offer company fixed deposits, which provide the investors complete safety of invested amount for limited period. These company fixed deposits provide the investors income as per their requirements (non-cumulative) monthly, quarterly, half yearly, annually or cumulative.

What are Company Fixed Deposits?

Company Fixed Deposit is the deposit placed by investors with companies for a fixed term carrying a prescribed rate of interest. These securities can be accepted by only manufacturing companies, non-banking finance companies (NBFCs), housing finance companies, financial institutions and government companies. Deposits thus mobilized are governed by the Companies Act under Section 58A. These deposits are unsecured and if the company defaults, the investor cannot sell the documents to recover his capital, thus making them a risky investment option.

Benefits of investing in Company Fixed Deposits

• High interest
  
• Short-term deposits
  
• Lock-in period is only 6 months
  
• No Income Tax is deducted at source if the interest income is up to Rs 5,000 in one financial year
  
• Investment can be spread in more than one company, so that interest from one company does not exceed Rs. 5,000
  

Points to be considered before investing in Company Fixed Deposits

• Diversify your risk among various industries/companies. Try not to put more than 10% of total investments in one particular company
  
• Investment should be for 1 to 3 years depending upon the rate of interest.
  
• Performance of companies should be reviewed at maturity in order to decide the renewal or reshuffle of deposit.
  
• Checking of share prices, annual reports and other details reported in newspapers should also be conducted.
  

We offer different types of mutual funds, which provide the in investors long term high returns along with the benefit of tax free dividend and tax saving. These mutual funds are most favorites of all investors, and are available in numbers of varieties to meet different financial goals.

What are Mutual Funds ?

A mutual fund is a trust that pools together the savings of several investors who share a common financial goal. The fund manager invests this pool of money in different securities, ranging from shares and debentures to money market instruments or in a mixture of equity and debt, depending upon the objectives of the scheme.

Benefits of Mutual Funds

Investment in Mutual Funds provides following benefits:

• Professional expertise of fund managers
  
• Reduced risks due to diversification in number of stocks and/or debentures
  
• Less expensive in comparison to direct investments in the capital market
  
• Completely liquid Investments, which can be redeemed at their Net Assets Value-related price on any working day.
  
• Transparency and access for investors to up-to-date information
  
• Flexibility in systematically investing or withdrawing funds according to needs & convenience
  
• SEBI regulated market protect the interests of investors
  

Points to be considered before investing in Mutual Funds

Before investing in Mutual Funds, the following steps must be given careful attention:

• Identifying the Investment Objective
  
• Choosing the right Scheme Category
  
• Choosing the right Mutual Fund
  
• Evaluating the Portfolio