Pay Five Plan-pay-five-plan

Introduction/Overview Reliance Pay Five Plan is a unit linked non-participating Endowment Assurance Plan where the premium is to be paid for only 5 years and benefits can be enjoyed for the full policy term Key Features Premiums are required to be paid for 5 years only The premium paid can be invested in a choice of 5 funds as per the policyholders risk appetite namely: Life Equity Fund 3 Life Corporate Bond Fund 1 Life Money Market Fund 1 Life Pure Equity Fund 2 Life Balanced Fund 1 The policyholder can average out his risks through Systematic Transfer Plan option under which the units are systematically transferred from low risk to high risk funds at different intervals