Reliance Nippon Life Digi-Term Insurance Plan

What are term plans?

Term Plans help you financially secure your family's future in case of uncertainties like death, disability and disease, at a fixed premium rate for a fixed period. Term policies are much less expensive than your traditional insurance plans and allow you to take a high coverage at affordable premiums.
The Digi-Term Insurance plan provides comprehensive coverage against major life risks of death and terminal illness. This unique Terminal Illness Benefit is premised on paying the sum assured to the policyholder in case of diagnosis of any terminal illness which can be used for either seeking alternate treatment and/or planning the legacy for survivors. This benefit is embedded into the product at no extra cost to customers. You can further enhance your coverage to eventualities such as accidental death, total and permanent disability, and diagnosis of a critical illness using our range of riders.
The nominee of the insured life gets the total pay-out in case of either untimely death or diagnosis of terminal illness in the life insured during the policy term. This benefit can be paid out as a lump sum pay out or a combination of lump sum and monthly pay out.

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