Free life insurance cover provided as a part of an add on feature called as ‘Reliance SIP Insure’ is arranged and funded by Reliance Capital Asset Management Limited through “Reliance Group Term Assurance scheme/plan” (UIN 121N006V02) of Reliance Life Insurance Company Limited (Reg. 121). The sum assured will be limited to the sum of the outstanding SIP installments from the date of death to be payable in lumpsum, subject to a maximum of INR 10 Lakhs per investor across all schemes / plans and folios. As per IRDA Regulations, please note the investor would become a member of the policy and the policy benefits, if any, shall be paid by Reliance Life Insurance Company Limited directly to the investor's nominee.
SIP is also available without insurance cover.
Reliance SIP Insure is a special feature available under selected schemes of Reliance Mutual Fund and is subject to such limits, operating guidelines, terms and conditions. Investors are requested to refer to the Scheme Information Document (SID), Statement of Additional Information (SAI), Key Information Memorandum (KIM) cum Application Form for further details
The information herein above is meant only for general reading purposes and the views being expressed only constitute opinions and therefore cannot be considered as guidelines, recommendations or as a professional guide for the readers. Before making any investments, the readers are advised to seek independent professional advice, verify the contents in order to arrive at an informed investment decision.
None of the Sponsor, the Investment Manager, the Trustee, their respective directors, employees, affiliates or representatives shall be liable in any way for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including on account of lost profits arising from the information contained in this material.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.