How can I pay the premium for my Reliance Nippon Life Insurance policy?

Reliance Life Insurance offers various convenient renewal premium payment options a policyholder can choose to pay renewal premium payments online, by cash or cheque or through different payment gateways.

Do Reliance Nippon Life Insurance plans offer Tax Benefits?

Yes, Reliance Life Insurance offers tax benefits under section 80C, section 80D, and section 10(10D) of the taxation law subject to terms and conditions.

Does age affect the premium of a term insurance plan?

Age is considered to be a significant element while calculating the amount of policy premium. The higher the age will be, the higher will be the risk that increases the policy premium to offer adequate protection.

Do personal habits like the consumption of tobacco/alcohol affect the premiums?

Yes, consumption of tobacco or alcohol increases the premium because people who consume tobacco or alcohol are considered people with the high risk involved.

What are the different factors that affect the premium of an insurance plan?

The age, gender, sum assured, job, medical history, type and tenure of the policy, riders and so on, are some factors that determine the premium rate of the Reliance Life Insurance Plans.

Reliance Nippon Life Insurance Premium Calculator

InsuranceDekho’s Premium Calculator is an online tool that helps you calculate or estimate the amount of premium of an insurance plan before actually buying the policy. It is designed to help customers compute the amount of premium they will have to pay to get the sum assured. The premium calculator also allows you to customise the results by opting for different types of life insurance plans, cover-ups and life covers. With this facility, policyholders can adjust the policy sum assured as per their budget and requirements.

How to Use Reliance Nippon Life Insurance Premium Calculator?

At InsuranceDekho the Reliance Nippon Life insurance premium calculator is simple and hassle-free to use and you can calculate your premium through the following simple steps:

Step 1: Open the InsuranceDekho website and click on the ‘Premium Calculator’ section mentioned on the ‘Life Insurance’ page of the InsuranceDekho website.

Step 2: In the InsuranceDekho premium calculator mention your personal information such as Age, Gender, Cover-up and Life Cover which are required for the calculation of the premium.

Step 3: The policy premium will be displayed immediately on your screen once you have filled in the details. However, the calculations can differ if you alter the variables such as age, gender, cover-up and life cover.

Benefits of using Reliance Nippon Life Insurance Premium Calculator

The benefits of using the Reliance Life insurance premium calculators are as follows:

1. Instant Calculation: With the help of Insurance Dekho premium calculators you can calculate your premium according to your requirements in the policy. The customer can calculate the premium in a matter of seconds by just entering his/her personal information such as gender, age, cover-up, and life cover. In short, it provides you with an instant calculation of the policy premium.

2. Accurate Premium: The insuranceDekho premium calculator helps in calculating or estimating accurate premiums for the policy that the policyholder should be paying for his/her life insurance policy.

3. Better Decision Making: The premium calculator provides you with the assistance to compare different insurance covers which can stimulate you to make the right policy purchasing decisions without any hassle.

4. Hassle-Free: Reliance Nippon calculators are simple to be accessed by anybody. The customers are just required to enter the relevant and required information on the platform for instant premium calculations.

Gender

Male
Female

Date of Birth

Do you smoke or chew tobacco?

Yes
No

Choose required coverage to secure your family’s future

50L

1Cr

1.5Cr

2Cr

Coverage

Disclaimer :

1. Premium has been calculated for coverage till 60 years

2. Eligibility depends on income, occupation and educational qualification

Life Insurance News

Renewable vs Convertible Life Insurance Term Plans
Know the difference between Renewable and Convertible Term L...
By Manwendra Singh24 October 2024
Understanding Non-Forfeiture Options: Protecting Y...
Understand the importance of non-forfeiture options in life ...
By Saad Ahmad04 October 2024
Deferment Periods for Life Insurance Annuities
Understand what life insurance annuities are, how deferment ...
By Saad Ahmad04 October 2024
Understanding The Role of Incontestable Clause In...
Learn about the role of the incontestable clause in life ins...
By Saad Ahmad26 September 2024
How Life Insurance Loading Affects Your Premium?
Learn how life insurance loading impacts your premium. Know ...
By Saad Ahmad18 September 2024

View All News

User Reviews

4.9

Rating based on

152 User reviews

What users are saying

Digital Documentation
My purchase of the Reliance Nippon Life insurance policy was convenient and easy. I am amazed at buying a life insurance plan through InsuranceDekho’s online mode. It was easy to compare all the policies, do all the paperwork online with any problem, and get protected with the best life insurance plan. Thank You!
Read More
T
Reliance Nippon
By Tushar Verma
On: Feb 15, 2024
Easy Buying Process
The entire process of buying the Reliance Nippon Life Insurance Plan from InsuranceDekho was a quick one. It hardly took 5 minutes to get this Reliance Life Insurance policy issued and easily make the purchase from InsuranceDekho.
Read More
A
Reliance Nippon
By Ankita Goyal
On: Dec 20, 2023
A Trustworthy Partner
InsuranceDekho is a trustworthy partner in securing my family's financial future. I'm glad I chose the Reliance Nippon Insurance Policy for my life insurance needs.
Read More
K
Reliance Nippon
By Kanika Tandon
On: Nov 03, 2023
Quick and Efficient
The entire process, from getting a quote to purchasing the Reliance Nippon Insurance Policy, was quick and efficient. I appreciate the simplicity of their website.
Read More
V
Reliance Nippon
By Vrinda Veera
On: Oct 30, 2023
User-Friendly Online Platform
Managing my Reliance Nippon Insurance Policy with InsuranceDekho is a breeze thanks to their user-friendly online platform. It allows me to access policy documents, make premium payments, and track my coverage with ease.
Read More
N
Reliance Nippon
By Navjyot Brar
On: Oct 12, 2023

View All Reliance Nippon Life Insurance Reviews

Best Insurance Advisors in Your City.

FAQs

How can I pay the premium for my Reliance Nippon Life Insurance policy?
Reliance Life Insurance offers various convenient renewal premium payment options a policyholder can choose to pay renewal premium payments online, by cash or cheque or through different payment gateways.
Do Reliance Nippon Life Insurance plans offer Tax Benefits?
Yes, Reliance Life Insurance offers tax benefits under section 80C, section 80D, and section 10(10D) of the taxation law subject to terms and conditions.
Does age affect the premium of a term insurance plan?
Age is considered to be a significant element while calculating the amount of policy premium. The higher the age will be, the higher will be the risk that increases the policy premium to offer adequate protection.
Do personal habits like the consumption of tobacco/alcohol affect the premiums?
Yes, consumption of tobacco or alcohol increases the premium because people who consume tobacco or alcohol are considered people with the high risk involved.
What are the different factors that affect the premium of an insurance plan?
The age, gender, sum assured, job, medical history, type and tenure of the policy, riders and so on, are some factors that determine the premium rate of the Reliance Life Insurance Plans.