DOCSLIB.ORG

Reliance Premier Life

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Reliance Premier Life R elianc sa e P charg v r in emier g s u es do p Lif , wn e " THIS PRODUCT HAS BEEN WITHDRAWN. IF YOU ARE AN EXISTING CUSTOMER YOU WOULD CONTINUE TO ENJOY YOUR AVAILABLE PRIVILEGES IN THE PRODUCT. " DATE OF WITHDRAWAL: 01 / 01 / 10 A R elianc e C apit al C ompan y OU Y . " OMER ODUCT Reliance Premier LifeTHE PR This is a regular premium, unit linked savings plan. TheOU ARE pl AN an01 EXISTING / 01of / 10fers CUST Y IF AL: W the twin benefit of AILABLEinsuranc PRIVILEGESe co vINer WN. V along with savings, by investing in OUR A Y WITHDRA market linkWITHDRAedY securities. TE OF A O ENJOD T ODUCT HAS BEEN OULD CONTINUE THIS PR " W Under this plan the investment risk in the investment portfolio is borne by the policyholder. Key Features nChoice of eight different funds to choose from, including a Pure Equity Fund & Sectoral Funds nLiquidity through partial withdrawals nUnmatched flexibility through switching, top-up's & premium redirection OU Y . " Benefits OMER A) Death - Sum Assured plus Fund Value as on date of ODUCT intimation of death. B) Maturity - Fund Value as on date of maturity THE PR Fund options under the plan The policy offers a total of eight fund options to choose from. Asset Fund Target Investment Objectives Asset Category Allocation Name (%) Range (%) Equity Provide high real rate CorporateOU ARE AN 01 EXISTING / 01 /0-100 10 CUST 0 Fund of return in the long bondsY and other term through high debt IF AL: exposure to equity instruments/W BankAILABLE deposits/ PRIVILEGES IN investments, while WN. V recognizing that Money market instruments. there is significant probability of OUR A negative returns in WITHDRA Y Equities 0-100 100 the short term.WITHDRA TheY risk appetite is 'high'. TE OF Corp- Provide returns thatA Money market 0-100 0 orate exceed the inflationO ENJOD instruments Bond rate, while takingT incl. liquid some credit risk mutual funds (through investments and bank in corporate debt deposits instruments) and maintaining a Corporate 0-100 100 ODUCTmoderate HAS BEEN probability bonds/ of negative return in debentures and the short term. The other debt risk appetite is 'low to instruments OULDmoderate'. CONTINUE excluding THIS PR W money market " instruments Money Maintain the capital Money market 0-100 100 Market value of all premiums instruments Fund (net of charges) and incl. liquid all interest additions, mutual funds at all times. The risk and bank appetite is 'low'. deposits Asset Fund Target Investment Objectives Asset Category Allocation Name (%) Range (%) Gilt Provide returns that Central 0-100 80 Fund exceed the inflation Government rate, without taking securities (Gilts) any credit risk (sovereign risk only) Other 0-40 20 and maintaining a government low probability of securities negative return in the including short term. The risk securities with unconditional appetite is 'low to OU moderate'. Central Y Government . " guarantee Money market 0-100 OMER0 instruments incl. liquid ODUCT mutual funds and bank deposits THE PR Infra- Provide high rate of Corporate 0-100 0 struc- return in the long bonds and other ture term through high debt related Fund exposure to equity instruments/ investments in Banks deposits/ Infrastructure and Money market allied sectors, while Instruments recognizing that there is a significant probability of Equities in 0-100 100 InfrastructureOU ARE AN 01 EXISTING / 01 / 10 CUST negative returns in Y the short term. The and allied sector risk appetite is high. IF AL: W AILABLE PRIVILEGES IN Energy Provide high rate of WN.CorporateV 0-100 0 Fund return in the long bonds and other term through high debt related exposure to equity instruments/ OUR A investments in Y BanksWITHDRA deposits/ Energy and allied Y Money market sectors, while WITHDRA Instruments recognizing that there is a significantTE OF A Equities in 0-100 100 probability of Energy and O ENJOD negative returnsT in allied sector the short term. The risk appetite is high. Midcap Provide high rate of Corporate 0-100 0 Fund return in the long bonds and other term through high debt related ODUCTexposure HAS BEEN to equity instruments/ investments in Banks deposits/ Midcap companies, Money market while recognizing Instruments OULD CONTINUE THIS PR that there is " W significant Equities 0-100 100 probability of predominantly negative returns in in mid cap the short term. The companies Asset Fund Target Investment Objectives Asset Category Allocation Name (%) Range (%) Pure The investment Equities in 60 -100 100 Equity objective of the Pure sectors other Fund Equity fund is to than banks and provide policyholders non-banking high real rate of financial return in the long companies, term through high breweries, exposure to equity distilleries, investments, while alcohol based recognizing that there chemicals, OU is significant cigarettes, Y probability of tobacco, . " negative returns in entertainment, the short term. The leather, sugar risk appetite is 'high' and hatcheries. OMER ODUCT Corporate 0-40 0 bonds and other debt instruments/ Bank deposits/ THE PR Money market instruments Whilst every attempt would be made to attain target levels prescribed above, it may not be possible to maintain the prescribed 'target' at all times owing to market volatility, availability of market volumes and other related factors. The 'target' may be attained on a 'best effort' basis. However, OU ARE AN 01 EXISTING / 01 / 10 CUST the asset allocation will always fallY within the asset allocation range mentioned in IFrespect AL:of each fund. W Fund Value: The Fund Value is equalAILABLE to PRIVILEGES the number IN of WN. V units under this policy multiplied by the unit price on the relevant valuation date. OUR A Unit Price: The unit priceY of eachWITHDRA fund is arrived at by dividing the Net AssetWITHDRA ValueY (NAV) of the fund by the number of units existing in the fund at the valuation date (before any new unit is allocatedTE OF or cancelled) A O ENJOD Valuation Date: TheT Company aims to value the Funds on each day the financial markets are open. However, the Company reserves the right to value less frequently in extreme circumstances, where the value of the assets may be too uncertain. In such circumstances, the Company may defer valuationODUCT HAS BEENof assets until a certainty on the value of assets is resumed. The deferment of valuation of assets will be subject to prior consultation with IRDA. OULD CONTINUE CurrentlyTHIS PR , the cut-off time is 3 p.m. for applicability of Unit W " Price of a particular day for switches, redemptions and and other valid applications/requests received from the policy holder. The Appropriation price shall apply in a situation when the company is required to purchase the assets to allocate the units at the valuation date as stated above. This shall be the amount of money that the company should put into the fund in respect of each unit it allocates in order to preserve the interests of the existing policyholders. The Expropriation price shall apply in a situation when the company is required to sell assets to redeem the units at the valuation date as stated as above. This shall be the amount of money that the company should take out of the fund in respect of each unit it cancels in order to preserve the interests of the continuing policyholders. Computation of NAV: When Appropriation Price is applied: The NAV of a Unit Linked Life Insurance Product shall be computed as: Market value of investment held by the fund plus the expenses OU Y incurred in the purchase of the assets plus the value of any . " current assets plus any accrued income net of fund management charges less the value of any current liabilities less provision, if any. This gives the net asset value of thOMERe fund. Dividing by the number of units existing at the ODUCT valuation date (before any new units are allocated), gives the unit price of the fund under consideration. This is applicable when the company is required to purchase assets to THEallo PRcate units at the valuation date. When Expropriation Price is applied: The NAV of a Unit Linked Life Insurance Product shall be computed as: Market value of investment held by the fund less the expenses incurred in the sale of the assets plus the value of any current assets plus any accrued income net of fund management charges less the value of any current liabilities less provision, OU ARE AN 01 EXISTING / 01 / 10 CUST if any. This gives the net asset valueY of the fund. Dividing by the number of units existing at the valuation date (before any IF AL: units are redeemed), gives the unit priceW of the fund under AILABLE PRIVILEGES IN consideration. This is applicableWN. V when the company is required to sell assets to redeem units at the valuation date. In case the valuation day falls on a holiday, then the exercise OUR A will be done the next followingY WITHDRA working day. We reserve the right WITHDRAto valueY less frequently than daily in extreme circumstances, where the value of the assets may be TE OF too uncertain. In such cirAcumstances we may defer valuation of assets until normalityO ENJOD returns. Examples of such circumstances are:T a) When one or more stocks exchanges which provide a basis for valuation for a substantial portion of the assets of the fund are closed otherwise than for ordinary holidays b) When,ODUCT as HAS a result BEEN of political, economic, monetary or any circumstances out of our control, the disposal of the assets of the unit fund are not reasonable or would not reasonablyOULD CONTINUE be practicable without being detrimental to THIS PR " Wthe interests of the remaining unit holders.
Load more

Recommended publications
  • Schedule of Meeting with Investor/ Analyst on 01.06.2018
    Ref: STEX/SECT/2018 May 25, 2018 The Relationship Manager National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor P. J. Towers Plot No. C/1, G Block, Dalal Street, Fort Bandra – Kurla Complex Mumbai 400001 Bandra (East) Mumbai 400051 BSE Scrip Code: 500480 NSE Symbol: CUMMINSIND Dear Sir/ Madam, Sub.: Intimation of schedule of analyst call/meeting under Regulation 30(4) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. In terms of Regulation 30(4) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that management interaction with the following investor / analyst/ financial institution have been scheduled with the Company as under: Sr. Nature of Name of the investor/ analyst/ Day and Date No. Interaction financial institution 1 Friday: June 01, 2018 Meeting List Attached as Annexure No unpublished price sensitive information shall be shared/ discussed at the meeting. Kindly take this intimation on your record. Thanking you, Yours truly, For Cummins India Limited K. Venkata Ramana Group Vice President – Legal & Company Secretary ICSI Membership No.: FCS 4138 (This letter is digitally signed) Cummins India Limited Registered Office Cummins India Office Campus Tower A, 5th Floor, Survey No. 21, Balewadi Pune 411 045 Maharashtra, India Phone +91 20 67067000 Fax +91 20 67067015 cumminsindia.com [email protected] CIN : L29112PN1962PLC012276 Annexure: Analyst meet- 1st June 2018 Sr. Fund House/ Investor Name 1 Alchemy Capital
    [Show full text]
  • 2017-18-RGICL-Annual-Report
    2017-2018 Reliance General Insurance Company Limited DIRECTORS’ REPORT To the Members, Your Directors present the Eighteenth Annual Report together with the Audited Financial Statements for the Financial Year ended 31st March, 2018. Financial Results (` in crore) Particulars Year ended 31st March, 2018 Year ended 31st March, 2017 Gross Direct Premium 5,069.08 3,935.35 ,QVXUDQFH3UR¿W /RVV 121.94 51.44 Investment Income on Shareholders fund 87.53 99.25 3UR¿W /RVV EHIRUH7D[ 165.00 130.34 3UR¿W /RVV DIWHU7D[ 165.00 130.34 Dividend Your Directors have recommended a dividend of ` 0.50 per Equity Share of ` 10 each for the Financial Year ended 31st March, 2018. The dividend on Equity Share is subject to the approval of the Shareholders at the ensuing Annual General Meeting (AGM). Operations Your Company in the current Financial Year has underwritten Gross Written Premium of ` 5,122.34 crore as against ` 4,007.09 FURUHLQWKHSUHYLRXV\HDUUHJLVWHULQJDQLQFUHDVHE\7KHPDLQIRFXVGXULQJWKH\HDUZDVWRLPSURYHWKHSUR¿WDELOLW\RIWKH Company along with growth. 7KH3UR¿W%HIRUH7D[HDUQHGGXULQJ)<LV`FURUHDVDJDLQVW3UR¿WRI` 130.34 crore during the previous year DFKLHYLQJDJURZWKRIRYHU)< Business Update The Financial Year started with the Insurance Regulatory and Development Authority of India (IRDAI) increasing the Motor TP rates. During the year, IRDAI also introduced the Guidelines on the Motor Insurance Service Provider (MISP). MISP is as an DXWRPRELOHGHDOHUDSSRLQWHGE\WKH,QVXUHURUWKHLQVXUDQFHLQWHUPHGLDU\WRGLVWULEXWHDQGRUVHUYLFHPRWRULQVXUDQFHSROLFLHV of automobiles sold through such MISP. IRDAI also revised the Outsourcing Guidelines, 2011 and issued the Outsourcing Regulations, 2017 and also the Protection of Policyholders Interest Regulations, 2017 were issued by revising the 2002 regulations.
    [Show full text]
  • Policy Document – Reliance Nippon Life’S Guaranteed Money Back Plan
    Policy Document – Reliance Nippon Life’s Guaranteed Money Back Plan A non-linked, non-participating, non-variable money back insurance plan Policy Terms and Conditions and Privileges within referred to This Policy is the evidence of the contract between Reliance Nippon Life Insurance Company Limited ('the Company‟) and the Policyholder referred to below. Reliance Nippon Life Insurance Company Limited (hereinafter called “RNLIC”) agrees to pay the benefits, as stipulated in the Policy Schedule to the Policyholder on the basis of the statements, proposal, declarations and premium along with taxes as applicable from the Policyholder on the assurance that the Policyholder has agreed to all the Policy terms and conditions referred to in the RelianceNippon Life‟s Guaranteed Money Back Plan (UIN: 121N084V03) Policy Document. The Benefits shall be paid only when the same are payable as per the stipulations in the Policy Document. The Claimant/ Nominee needs to submit satisfactory proof of title and other applicable documents pertaining to the Policy at the RNLIC offices for claiming the benefit. It is hereby further agreed that this Policy shall be subject to the terms, conditions and privileges in this Policy Document and that the Policy Schedule and every endorsement placed on this Policy by RNLIC shall be deemed to be a part of the Policy. Policy Schedule – RelianceNippon Life’s Guaranteed Money Back Plan THIS SCHEDULE MUST BE READ WITH THE ACCOMPANYING POLICY DOCUMENT AND IS PART OF THE LIFE INSURANCE CONTRACT RelianceNippon Life Insurance Company Limited will pay or provide the benefits specified in the Policy Document in the events and circumstances described there-in but subject to the terms and conditions of this contract.
    [Show full text]
  • Reliance Life Ins Co
    Re LI/n^Nce Life Insurance A Rebiance Capital Company Arl,ii Dhirubhai AmDar,s Group peLjNce ife Insurance A-iiI. Ohlrubhc i Arnb. ni Group Policy on Redressal of Policyholders' Grievances ReLI/n\Nce Life Insurance A Reliiance Capital Company Anil Dhirubhai Ambani Group Customer Touch Points:- Following are the various touchpoints of RLIC through which our Customers can get in touch with us - • Reliance Life Insurance Branches • Contact Center - 30338181(local charges) / 1800 300 08181(toll free) • Website - http://www.reliancelife.com • Email - [email protected] • Snail Mail - Reliance Life Insurance Company Limited, "H" Block, 1st Floor, Dhirubhai Ambani Knowledge City , Navi Mumbai Maharashtra 400710, India These details are mentioned explicitly in our Policy Document and also in all our customer communications. Process of handling Policy Holder may wa_k-in at our Branches, call us at the Contact Center or write to us with their query. The receiving unit will do the preliminary level of investigation by way of asking certain probing questions and according to the nature of Query, either provide the information immediately or categorize them correctly, so that they can be processed by the respective back-end units. In the event, resolution or information is not provided immediately, the Customers are provided with a system generated Service Request number from the CRM - a) For his future reference b) To convey that we have acknowledged his Request or Complaint. This is provided either across the counter at the branch / contact centre, or in the event where we have received the complaint through email or snail mail - either through a call back or by sending an interim response to the email id or to the communication address.
    [Show full text]
  • List of Companies of India A[Edit]
    List of companies of India From Wikipedia, the free encyclopedia This is a list of notable companies based in India. For further information on the types of business entities in this country and their abbreviations, see "Business entities in India". Contents : Top 0–9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z A[edit] Aban Offshore ABG Shipyard ABP Group ACC Limited Action Group Adani Group Aditya Birla Group Ador Powertron Limited Aftek Air Costa Air Odisha Ajanta Group Allahabad Bank Amartex Ambuja Cements Amrutanjan Healthcare Amul Andhra Bank Apollo Hospitals Apollo Tyres Aptech Archies Greetings & Gifts Ltd Arise India Arvind Mills Ashok Leyland Asia Motor Works Asian Paints Avantha Group Axis Bank Ltd B[edit] BagItToday.com Bajaj Auto Balaji Telefilms Balaji Group Ballarpur Industries Limited Bank of Baroda Bank of India Bank of Maharashtra BankBazaar Bharat Aluminium Company Bharat Earth Movers Limited Bharat Electronics Limited Bharat Forge Bharat Heavy Electricals Limited Bharat Petroleum Bharat Sanchar Nigam Limited Bharati Shipyard Bharti Airtel Bhushan Steel Biocon BirlaSoft Bombay Dyeing BPL Group Britannia Industries BTCXIndia C[edit] Cadila Healthcare Café Coffee Day Calcutta Tramways Company Camlin Ltd. Canara Bank Catholic Syrian Bank Cellebrum Technologies Limited CEAT Limited Central Bank of India CESC Cipla City Union Bank Club Mahindra Holidays CMC Limited Coal India Limited Container Corporation of India Coromandel International Corporation Bank Cosmic Circuits CPCL Crest Animation Studios Crompton Greaves Cyient D[edit] Dabur India Limited Damodar Valley Corporation Deccan Charters Delhi Metro Rail Corporation Limited Dena Bank Dish TV DLF Limited Dr.
    [Show full text]
  • Whole Life Plan
    Reliance Whole Life Plan With you today... ...with you forever Reliance Whole Life Plan You’ve always loved your family. As a loving person you want to be rest assured that they will be happy, even if something were to happen to you. With Reliance Whole Life Plan you can be sure that your family will receive that timely financial support they need. Go ahead, live your today to the fullest, without a worry about tomorrow. Key Features Insurance protection till age 85 Choice of extending your insurance coverage till age 99 Convenient Premium Payment Term Wealth creation through bonus additions More value for your money by way of High Sum Assured Rebate Get Sum Assured plus Bonuses in case of your unfortunate death Option to add three Riders - Reliance Critical Illness Rider, Reliance Accidental Death & Total & Permanent Disablement Rider & Reliance Life Insurance Family Income Benefit Rider Policy Loan available after three full years premium payment How does this Plan work? You pay premium every year for the desired Premium Paying Term. You get Sum Assured plus bonuses on reaching age 85. You choose to continue with the insurance cover till the age of 99 and the Policy will continue to participate in profits till then. On death, your Beneficiary will get the Sum Assured plus accumulated bonuses. Benefits Maturity Benefit: On attaining age 85 you get Sum Assured plus accumulated bonuses. Life Cover Benefit: In the unfortunate event of loss of life, your beneficiary will receive the Sum Assured plus accumulated bonuses till that date. Rider Benefit: You also have the option to add two additional Benefits to customise the Policy as per your needs.
    [Show full text]
  • Reliance Life Traditional Investment Insurance Plan
    Reliance Life Traditional Investment Insurance Plan get guaranteed returns, year on year Rate for 11: FY 2010- p.a. 7.75% A Reliance Capital Company Reliance Life Traditional Investment Insurance Plan You have always aspired for the best in life. And we help you achieve that. We present a unique plan just for you, which combine protection and savings. Reliance Life Traditional Investment Insurance Plan is an enhanced traditional endowment plan addressing comprehensive needs to strike that perfect balance of insurance and investment returns. You also have the option to increase your savings, enhance protection along with complete flexibility to withdraw money whenever required by you. Key Features n Non linked non- profit plan n Addition of Accumulation Rate at the end of every calendar month. (Rate for FY 2010-11: 7.75% p.a.) n Flexibility to increase your savings any time by paying additional premium. n A host of optional rider benefits to enhance protection cover. How does the Reliance Life Traditional Investment Insurance Plan work? You pay premium every year for the entire term and get accumulated value, on maturity. A separate account called 'Accumulation Account' will be maintained in respect of each policyholder which will be credited with accumulation rate at the end of every calendar month. The accumulation rate shall be applied proportionately to any increase in the Account values. An additional accumulation account will be maintained for any additional premiums paid. Plan at glance Minimum Maximum Age at Entry 30 days 70 years last birthday Age at Maturity -- 80 years last birthday Policy Term 10 years 30 years Sum Assured 7.5 times of annualized premium Regular Yearly - Rs.10,000 Premium Half yearly - Rs.5,000 No limit Quarterly - 2,500 Monthly - Rs.1,000 Additional Rs.1000/- per No limit.
    [Show full text]
  • List of LIC and GIC Companies
    Assignment INSURANCE &RISK MANAGEMENT List of LIC and GIC companies Submitted to: - Submitted by:- M/s Purwa Srivastava RAVENDRA YADAV MBA (final year) List of LIC listed company with their brief detail Following are the list of licensed life insurance companies in India by IRDA. Bajaj Allianz Life Insurance Company Ltd.:- Bajaj Allianz is the joint venture of Bajaj Finserv -India‘s financial service giant and Allianz SE- Germany‘s financial services provider. Registered in 2001, Bajaj Allianz Life Insurance Company has become one of the top most life insurance brands in India. Bajaj Allianz Life Insurance Company aims to ensure excellent insurance and investment solutions by offering customized products, supported by the best technology. Birla Sun Life Insurance Co. Ltd.:- Birla Sun Life Insurance Company Ltd. is a joint venture company between Aditya Birla Group and Sun Life Financial Inc. of Canada. Birla Sun Life offers a broad array of life insurance products to meet the actual needs and expectations of individuals and groups through a multi channel distribution network across the country. Birla Sun Life Insurance is distinguished as the first financial solutions company to introduce ‘Business Continuity Plan‘, the ‘Free Look Period‘ and ‘Unit Linked Life Insurance Plans‘ in the Indian insurance. HDFC Life Insurance Co. Ltd.:- HDFC Life Insurance Co. Ltd is a joint venture between the Indian housing finance institution, Housing Development Finance Corporation Limited or HDFC Ltd. and a Group company of Standard Life, UK. These two giants from India and UK joined hands together on 31st December 2007. HDFC Life Insurance is one of the top most life insurance companies in India; its venture is strong and has a good backing.
    [Show full text]
  • Total Investment Plan I
    Reliance Total Investment Plan Series I - Insurance total investment total flexibility. , " THIS PRODUCT HAS BEEN WITHDRAWN. IF YOU ARE AN EXISTING CUSTOMER YOU WOULD CONTINUE TO ENJOY YOUR AVAILABLE PRIVILEGES IN THE PRODUCT. " DATE OF WITHDRAWAL: 01 / 01 / 10 Reliance Total Investment Plan Series I - Insurance The journey of life, even though it may seem simple, comes with its own twist and turns, some good, some unfortunate. And along with these moments come new dreams. With every little twist, our dreams change and so do our ambitions. And most of all we desire a security that will help us follow our dreams, both financial and emotional. It is this security that Reliance Life Insurance Company Limited promises to bring to you with its Total Investment Plan Series I- Insurance. To know more, read further… " THIS PRODUCT HAS BEEN WITHDRAWN. IF YOU ARE AN EXISTING CUSTOMER YOU WOULD CONTINUE TO ENJOY YOUR AVAILABLE PRIVILEGES IN THE PRODUCT. " DATE OF WITHDRAWAL: 01 / 01 / 10 Reliance Total Investment Plan Series I - Insurance UNDER THIS PLAN THE INVESTMENT RISK IN THE INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER. We value your dreams in this journey of life. Reliance Total Investment Plan Series I - Insurance (TIPS-I-Insu rance) helps you bring them to reality. Your need for investment, protection and financial liquidity keeps changing at different stages of life. The birth of a child will require you to increase your insurance cover; a marriage in the family will require additional money. We provide you that kind of flexibility which suits you best at your convenience.
    [Show full text]
  • Reliance Nippon Life Asset Management Limited
    Reliance Nippon Life Asset Management Limited Annual Report 2018-19 Padma Vibhushan Shri Dhirubhai H. Ambani (28th December, 1932 - 6th July, 2002) Founder - Reliance Group, Visionary Profile Reliance Nippon Life Asset Management Limited (RNAM or the Company) is one of India’s largest asset management companies with a total AUM of ` 4.22 lakh cr. as of March 31, 2019. The Company engages in managing mutual funds including exchange traded funds (ETFs); managed accounts, including portfolio management services, alternative investment funds and pension funds; and offshore funds and advisory mandates. It is co-promoted by Reliance Capital and Nippon Life Insurance Company. Reliance Capital Limited, a part of the Reliance Group, is one of India’s leading private sector financial services companies and ranks amongst the top private sector financial services and banking groups, in terms of assets under management. Nippon Life Insurance, founded in 1889, is one of Japan’s leading private life insurers and a Fortune 500 company. Vision statement To be a globally respected wealth creator with an emphasis on customer care and a culture of good corporate governance. Mission statement To create and nurture a world-class, high performance Environment aimed at delighting our customers. Annual Report 2018-19 1 BOARD OF DIRECTORS: Contents Page No. Mr. Minoru Kimura Mr. Akira Shibata Letter to Shareholders 3 Mr. Kanu H. Doshi Notice of Annual General Meeting 5 Gen. Ved Prakash Malik (Retd.) Mr. S. C. Tripathi Board’s Report 11 Ms. Ameeta Chatterjee Mr. Sundeep Sikka – Executive Director & Chief Executive Officer Management Discussion and Analysis 32 Mr.
    [Show full text]
  • Annual Report (October 1, 2010-March 31, 2011) Dhirubhai H
    Broadcast Network Annual Report (October 1, 2010-March 31, 2011) Dhirubhai H. Ambani (December 28, 1932 - July 6, 2002) Reliance Group - Founder and Visionary Reliance Broadcast Network Limited Reliance(formerly Broadcast Reliance Network Media World Limited Limited) Board of Directors Contents Page No. Shri Gautam Doshi Notice of Annual General Meeting ................................4 Shri Rajesh Sawhney Shri Anil Sekhri Directors’ Report ..............................................................8 Shri Darius Jehangir Kakalia Shri Pradeep Shah Management Discussion and Analysis ....................... 12 Shri Prasoon Joshi Practicing Company Secretary’s Certificate on Corporate Governance ......................... 18 Company Secretary and Manager Shri Gururaja Rao Corporate Governance Report ..................................... 19 Investor Information ..................................................... 29 Auditor M/s. Chaturvedi & Shah Auditors’ Report on Financial Statements .................. 35 Annexure to Auditors’ Report ...................................... 36 Registered Office Balance Sheet .............................................................. 38 401, 4th Floor, Infiniti Link Road, Oshiwara, Andheri West Mumbai 400 053 Profit and Loss Account ............................................... 39 Maharashtra, India Cash Flow Statement ................................................... 40 Registrar and Transfer Agent Schedules and Notes .................................................... 41 Karvy Computershare Private
    [Show full text]
  • Reliance Easylife Plan
    Sales Literature – Reliance Nippon Life Term Life Insurance Benefit Rider A Non-Linked, Non-Participating, Protection Rider With the changes in our life-stage i.e. marriage, birth of a child or a job promotion, our life insurance needs also change. Thus there is a need to be adequately insured against life’s uncertainties to protect our family. Our protection cover should be flexible to cater to our changing need at different life-stages. Reliance Nippon Life Term Life Insurance Benefit Rider can be attached to your Base Policy and provides essential protection for your family at affordable rates. With Reliance Nippon Life Term Life Insurance Benefit Rider 1 2 3 4 5 Protect your Choose your Get a lump Supplement Receive tax family against level of life sum benefit on your savings benefits any eventuality cover based on death policy with at a nominal your life stage pure cover cost Key benefits Protection o Get protection for your family against an unfortunate event of death Benefit for family o Get lump sum benefit equal to rider Sum Assured on death Flexibility o Choose rider cover at inception of Base Policy or in subsequent years, based on your life-stage needs Ease of enrollment o Additional security at a nominal cost Tax benefits o Enjoy tax benefits on the premiums paid and benefits received, as per applicable income tax laws UIN: 121B009V02 Sales Literature_Reliance Nippon Life Term Life Insurance Benefit Rider _FV_P0.6 Page 1 of 6 Sales Literature – Reliance Nippon Life Term Life Insurance Benefit Rider How does the plan work? Let’s take an example: Anoop, aged 30 years, opts for a savings plan with Reliance Nippon Life Insurance to enhance the protection cover, he opts for Reliance Nippon Life Term Life Insurance Benefit Rider and: Chooses rider term of 20 years, premium payment term of 20 years and Sum Assured of Rs.5 Lakh (equal to the Sum Assured of his Savings policy) Pays an annual premium of Rs.1,760 p.a.
    [Show full text]