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Reliance Life insurance launches ULIP with guaranteed contributions

Reliance Life Insurance has launched a unit-linked insurance plan (ULIP) that offers guaranteed contributions of up to 250 per cent, separately from investment returns and maturity benefits.

Apnainsurance.com Research Bureau

18 Jun 2008

Reliance Life Insurance has launched a unit-linked insurance plan (ULIP) that offers guaranteed contributions of up to 250 per cent, separately from investment returns and maturity benefits. The contribution ranges from 50 per cent in the 10th year to 250 percent in the 30th year of the annual premium.

This is a first pure equity fund from Reliance Life Insurance which will not have any investment in industries like NBFC, liquor, tobacco, leather; entertainment etc. plan offers various fund options having different risk levels. The minimum premium for the policy is Rs. 5000.



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