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Reliance SIP Insure​​​

​Reliance SIP Insure facility is an add on feature of ​ life insurance cover under Group Term Insurance to individual investors opting for SIP in the designated schemes. It helps to encourage individua​​​​​​​​​​​​l investors to save & invest regularly through Systematic Investment Plan (SIP) and help achieve their financial objective without any hindrance​​​


What is the Facility?

Designated Schemes in which Reliance SIP Insure will be offered​


​​​Investment Details

Reliance SIP Insure – How does this work?

Commencement of Insurance Cover

Cessation of Insurance Cover:

Exclusions for Insurance cover

Load Structure

Free life insurance cover provided as a part of an add on feature called as ‘Reliance SIP Insure’ is arranged and funded by Reliance Nippon Life Asset Management Limited through “Reliance Group Term Assurance Plus” (UIN 121N104V01) of Reliance Nippon Life Insurance Company Limited (IRDAI Reg. No. 121). Grant of Insurance cover is discretionary on part of RNLIC and the cover is subject to underwriting. On exercising an option to become a member of insurance scheme, the death benefits (subject to the terms and conditions of the insurance, read along with the Certificate of Insurance, of the Group Term Assurance Plus Policy), shall be paid/ credited directly to investor's nominee by Reliance Nippon Life Insurance Company Limited. The investor is advised to refer to detailed sales brochure of Reliance Group Term Assurance Plus Plan for more details on risk factors, terms and conditions, before deciding to opt for insurance cover. Please refer to ​ for more details. There is no compulsion whatsoever that this insurance cover has to be taken together with SIP. 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 Sponsors, 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.


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