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Reliance Nippon Term Life Insurance Plans

106 reviews Rate This
Highlights
Claim Settlement Ratio98.49%
Customer Care9:00 AM to 7:00 PM
Death Benefit Paid For7,866 Policies
Inception2001
Presence713 Branches
Total Death Benefit PaidRs. 157.03 Crore

Term Life Insurance Premium Calculator

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Choose required coverage to secure your family’s future

50L
1Cr
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Disclaimer :
1. Premium has been calculated for coverage till 60 years
2. Eligibility depends on income, occupation and educational qualification

Best Reliance Nippon Term Life Insurance Plans

1 Crore
2 Crore
  • LIFE COVER
    Tax Free
    1 Cr
  • CLAIMS SETTLED 99.51%
Starting From 707/Month
24hr Claim Settlement
Key Features:
  • Zero Cost Benefit
  • Terminal Illness
  • Nominee's Choice payout
  • Voluntary Top Up
  • Tax Benefits
  • LIFE COVER
    Tax Free
    1 Cr
  • CLAIMS SETTLED 97.84%
Starting From 857/Month
24hr Claim Settlement
Key Features:
  • Waiver of Premium on Disability
  • Terminal Illness
  • Life Stage Benefit
  • Tax Benefits
  • LIFE COVER
    Tax Free
    1 Cr
  • CLAIMS SETTLED 99.4%
Starting From 771/Month
24hr Claim Settlement
Key Features:
  • Tax Benefits
  • Terminal illness
See More Plans

Reliance Nippon Life Insurance Company is the product of the joint venture between Reliance Capital and Nippon Life. One of the celebrated private insurance providers in India, Reliance Life commenced its operation in 2001. Reliance Life works with strong values to ensure financial independence of every individual associated with them. Reliance Life offers two budget friendly term insurance plans to cater the requirements of an individual. Reliance Life term insurance plans ensure that your family has adequate financial support in your absence.

Reliance Life Term Insurance Plans

Reliance Life offers two term insurance plans as discussed below:

  • Reliance Nippon Life Protection Plus: Reliance Nippon Life Protection Plus is a term plan that ensures the policyholder’s family members get the financial protection at the time of an unforeseen demise of the policyholder. This plan comes with the choice of picking the ideal cover plan from Level Cover Plan, Increasing Cover Plan, Level Cover Plus Income Plan and Whole Life Cover Plan. Reliance Nippon Life Protection Plus plan comes at an affordable premium price.
  • Reliance Nippon Digi-Term Insurance Plan: Reliance Nippon Digi-Term Insurance policy features an in-built terminal illness benefit. This plan provides life cover and also offers to customize this plan by providing an option to choose from multiple options that are Life Secure, Enhanced Life Secure, Life and Income Secure, Life and Income Secure and Whole Life Secure. This plan also offers Death Benefits.
  • Reliance Nippon Saral Jeevan Bima Plan: Reliance Nippon Saral Jeevan Bima Plan that helps you lead a life without worrying about the financial security of your loved ones in your absence. Available with features like flexible premium payment term, premium payment frequency, and tax benefits, Reliance Nippon Saral Jeevan Bima plan is worth investing in.

Reliance Nippon Term Insurance User Reviews

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  • Trust is crucial in term insurance, and InsuranceDekho has earned my trust. Their Reliance Nippon Term Insuran...

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    Reliance Nippon
    By Imran Hasan
    On: Sep 11, 2023
  • The best part about InsuranceDekho is that I found a list of insurance companies based on their claim settleme...

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    Reliance Nippon
    By Samit Thakur
    On: Aug 28, 2023
  • Bought the Reliance Nippon Term Insurance Policy from InsuranceDekho. The purchasing process was completely ha...

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    Reliance Nippon
    By Usha Sareen
    On: Aug 11, 2023
  • On InsuranceDekho’s website, I found a list of insurance companies on the basis of the claim settlement ...

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    Reliance Nippon
    By Laxmi Rawat
    On: Aug 08, 2023
  • InsuranceDekho's selection of term insurance plans is extensive, catering to various needs and preferences. I ...

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    By Gautam Dev
    On: Jul 28, 2023
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Reliance Nippon Term Life Insurance Contact Details

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Claim Process at Reliance Nippon Term Life Insurance

  • 1

    Claim Intimation

    In the case of death of the life assured, a claim intimation to the insurance company must be made as early as possible.
  • 2

    Submission of Documents

    Claim form, death certificate, original policy document, and more documents must be submitted to ensure smooth claim settlement.
  • 3

    Claim Evaluation

    Once the documents are submitted, the insurance company will conduct thorough evaluation of the claim filed.
  • 4

    Claim Settlement

    If claim request is approved, claim settlement is done within 30 days. If additional investigation is required, it make take 6 months.

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FAQ About Reliance Nippon Term Life Insurance

  • What is the claim settlement ratio of Reliance Nippon Life?

    For the financial year 2019-20, the claim settlement ratio of Reliance Nippon Life was 98.12%.

  • What is the customer care number for Reliance Nippon Life?

    The customer care number for Reliance Nippon LIfe is 1800-102-1010. 

  • How can I get my claims related query resolved at Reliance Nippon Life?

    If you have a query related to claim settlement, you can call at 1800-102-3330.

  • How can I get my correspondence address changed at Reliance Nippon Life?

    To get your correspondence address changed post policy issuance, submit a written request and address proof at the nearest Reliance Nippon Life branch. Note that the address will reflect within 2 working days.

  • What are the term plans offered by Reliance Nippon Life?

    Reliance Nippon Life Insurance offers Reliance Nippon Life Protection Plus, Reliance Nippon Digi-Term Insurance Plan and Reliance Nippon Saral Jeevan Bima Plan under its term (protection plan) segment. 

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