To stay ahead of the uncertainties of life, we need to plan well in advance.

Reliance Special Term Plan is a pure life insurance plan that offers you comprehensive and affordable coverage for a limited period of time to suit your needs.

What�s more, on survival at maturity all premiums paid for your basic policy will be returned to you.

Key Features

• Get higher insurance protection at economical rates

• Basic premiums paid will be refunded at maturity

• Choose to pay regular or single premium

• Discount on premium rates for women Choose to add the benefits of two riders to your Policy � Critical Illness Rider and Accidental Death Benefit & Total and Permanent Disablement Rider

How does this Plan work?
You pay premium every year for the entire term. On death your nominee will get Sum Assured. On survival to maturity you will get the entire basic premiums paid, returned.

Benefits
Maturity Benefit: On survival to maturity all premiums paid for the basic policy are returned. This excludes any extra premium or premium for additional benefits.

Life Cover Benefit: In the unfortunate event of loss of life, your nominee will receive the Sum Assured.

Rider Benefit: You also have the option to add 2 additional benefits to customize the policy as per your needs for the regular premium policy

1. Accidental Death Benefit & Total and Permanent Disablement Rider

2. Critical Illness Rider

Accidental Death Benefit & Total and Permanent Disablement Rider
Accidents are unfortunate and sometimes fatal. You can customise your basic Policy with an Accidental Death Benefit & Total and Permanent Disablement Rider.

The Accidental Death Benefit is payable if death occurs directly as a result of an accident and is intimated within 90 days of its occurrence.

The Benefit payable is equal to the Rider Sum Assured. The minimum Sum Assured is Rs 25,000 and the maximum under all Policies taken together is Rs 50,00,000.

The Total and Permanent Disablement Benefit is payable if the Life Assured becomes totally and permanently disabled directly as a result of an accident.

The Disablement Benefit is equal to the basic Sum Assured paid in ten equal annual installments

Total and permanent disablement is defined as the total and irrecoverable loss of sight of both eyes, or loss by severance of two limbs at or above wrist or ankle, or total and irrecoverable loss of the sight of one eye and loss by severance of one limb at or above wrist or ankle for a period of at least six months.

Inbuilt Waiver of Premium
If the Life Assured becomes totally and permanently disabled, then Reliance Life Insurance will waive all future premiums under the basic policy and riders up to a limit of Rs 40,000 p. a.

Exclusions
The Company will not pay any Accidental Death Claim or Total and Permanent Disablement Claims, which result directly or indirectly from any one or more of the following:

• An act or attempted act of self-injury,

• Participation in any criminal or illegal act,

• Being under the influence of alcohol or drugs except under direction of a registered medical practitioner,

• Racing or practicing racing of any kind other than on foot,

• Flying or attempting to fly in, or using or attempting to use, an aerial device of any description, other than as a fare paying passenger on a recognised airline or charter service,

• Participating in any riot, strike or civil commotion, active military, naval, air force, police or similar service, or

• War, invasion, act of foreign enemies, hostilities or war like operations (whether war be declared or not), civil war, mutiny, military rising, insurrection, rebellion, military or usurped power or any act of terrorism or violence.

Critical Illness Rider
Major illness causes worries and heavy expenses. Our optional Critical Consistency Cover helps provide financial relief in such cases. It pays you the Sum Assured upfront in respect of ten major illnesses.

1. Cancer

2. Coronary Artery Bypass Surgery

3. Heart Attack

4. Stroke

5. Kidney Failure

6. Aorta Surgery

7. Coma

8. Heart Valve Replacement

9. Major Organ Transplant

10. Paralysis

This Benefit can be availed only once against any one of the illnesses and the Company will not pay the claim if it arises from deliberate self-injury or attempted suicide by the Life Assured, whether sane or insane. This benefit will only be given, if the diseases are confirmed by a Consultant Physician.

Exclusions
Cancer: any CIN stage (cervical intraepithelial neoplasia); any pre-malignant tumour; any non-invasive cancer (cancer in situ); prostate cancer stage 1 (T1a, 1b, 1c); all skin cancers including malignant melanoma stage IA (T1a N0 M0); any malignant tumour in the presence of any Human Immunodeficiency Virus.

Heart Attack: Non-ST-segment elevation myocardial infarction (NSTEMI) with elevation of Troponin I or T; other acute Coronary Syndromes.

Stroke: Transient ischemic attacks (TIA); neurological symptoms due to migraine.

Coronary Artery (Bypass) Surgery: Angioplasty and/or any other intra-arterial procedures; key-hole surgery.

Paralysis: Paralysis due to Guillain-Barr�-Syndrome.

Waiting and Survival Period
The Company will not pay the Critical Illness Benefit if:

• The critical illness begins prior to or within six months of the commencement date or date of reinstatement of the Benefit - Waiting Period

• Death from critical illness takes place within 30 days of the onset of the same � Survival Period

Flexibility
These riders may be attached to your Policy at the beginning or at any Policy Anniversary during the term of the Contract, subject to underwriting conditions prevailing at that time.

Sum assured for Critical Illness Rider may be increased or decreased by the Policyholder:

• The increase is subject to underwriting conditions

• Once decreased, further increases will not be allowed

The Contract can be terminated and opted for only once, by the Policyholder at any time. Though above are general conditions of the rider, we may specify restrictions (like time of exercise) on the above options. Such restrictions would be filed along with the based product filing.

Sample Illustration:
The tables below show the indicative regular/single premium for a male Life Assured across different Sum Assured and ages for a policy term of 20, 25 and 30 years in case of regular premium and for a policy term of 5, 10, 15 years in case of single premium policy.

Regular Premium Option:

Single Premium Option:

What is the Policy Term?

Who can buy this product?

What is the Sum Assured?

What if I want to discontinue the policy?
You have the option to surrender your Policy and receive the Surrender Value.

Surrender Values are provided after premium payment of three full years� premium and after 3 years of elapsed Guaranteed Surrender Value for:

• Regular Premium Payment Mode - 30% of all premiums (excluding extra premiums and rider premiums) after the first year premium

• Single Premium Payment Mode - 30% of the single premium (excluding extra premiums and rider premiums)

What happens if I discontinue paying premium?
During the first three years, the policy will lapse if the premiums are not paid within the grace period. Grace Period is 30 days.

After three years, if you discontinue paying premium, your Policy will be converted into a Paid-up Policy and the Life Insurance Protection will continue to the extent of the Paid-up Value until the end of the Policy Term.

Can I revive a policy which is lapsed?
A lapsed policy can be reinstated for full benefits anytime within 3 years from the date of lapse at terms and conditions required by the Company.

Flexible Premium Payment Modes

1. a) Yearly

2. b) Half-yearly

3. c) Quarterly

4. d) Monthly (only with salary deduction schemes)

5. The Company will charge a Policy Fee, depending on the Premium Payment Mode Selected by you.

The Minimum Premium Installment for Single Premium is Rs. 3000 and Rs. 1000 for Regular Premium.

The grace period for regular premium mode is 30 days.

Advantage Women
Women Policyholders have an advantage as they receive discount on premium paid. For the basic Policy, basic premium payable will be equivalent to the premium for a three-year younger male Policyholder.

Tax Benefit
Premiums paid are eligible for tax deduction under Section 80C & 80D of the Income Tax Act, 1961. Maturity & Death Benefit are tax free under Section 10(10) D of the Income Tax Act, 1961. Under Section 80C, premiums upto Rs 1,00,000 are allowed as deduction from your taxable income. Under Section 80 D premium upto Rs 10,000 (Rs 15,000 for senior citizens) is allowed as deduction from your taxable income.
(80 D - Applicable to Critical Conditions Premium)

General Exclusions
We will not pay any claim on death if the Life Assured, whether sane or insane, commits suicide within 12 months from the date of issue of this Policy or the date of any reinstatement of this Policy.

15 Day Free Look Period
The Policyholder may cancel this Policy by returning it to the Company within 15 days of receiving it together with a letter requesting it be cancelled. The Company will refund the premium paid by the Policyholder less a deduction:

• of the proportionate premium for the time cover has been provided till cancellation

• of expenses incurred by the Company for medical examination of the Life Assured, Stamp Charges and expenses incurred in that connection.

Prohibition of Rebate: Section 41 of the Insurance Act, 1938 states:
1) No person shall allow or offer to allow, either directly or indirectly, as an inducement to any person to take out or renew or continue an insurance in respect of any kind of risk relating to lives or property in India, any rebate of the whole or part of the commission payable or any rebate of the premium shown on the policy, nor shall any person taking out or renewing or continuing a policy accept any rebate, except such rebate as may be allowed in accordance with the published prospectuses or tables of the insurer.
2) Any person making default in complying with the provisions of this section shall be punishable with a fine which may extend to five hundred rupees.

Reliance Life Insurance is a fully licensed life assurance company registered with Insurance Regulatory & Development Authority (IRDA). Registration No: 121.