Fdsew Men in History Have Made as Dramatic a Contribution to Their Country

7/25/2019 Fdsew Men in History Have Made as Dramatic a Contribution to Their Country

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Company profile:-

Few men in history have made as dramatic a contribution to their country's economic progress as did

the founder of Reliance, Shri. hirubhai !. "mbani. Fewer still have left behind a legacy that is moreenduring and timeless.

"s with all great pioneers, there is more than one uni#ue way of describing the true genius of

hirubhai: the corporate visionary, the unmatched strategist, the proud patriot, the leader of men, the

architect of $ndia's capital mar%ets, and the champion of shareholder interest.

&ut the role hirubhai cherished most was perhaps that of $ndia's greatest wealth creator. $n one

lifetime, he built from scratch, $ndia's largest private sector enterprise.

hen hirubhai embar%ed on his first business venture, he had a seed capital of only about (S) *++

around Rs. ,+++/. 0ver the ne1t three and a half decades, he converted this fledgling enterprise

into a 2+,+++ crore colossus3an achievement which earned Reliance a place on the global Fortune

4++ list, the first ever $ndian private company to do so.

hirubhai is widely regarded as the father of $ndia's capital mar%ets. $n 566, when Reliance 7e1tile

$ndustries 8imited first went public, the $ndian stoc% mar%et was a place patronised by a small club of

elite investors which dabbled in a handful of stoc%s

. (ndaunted, hirubhai managed to convince a large number of first-time retail investors to

participate in the unfolding the Reliance story and put their hard-earned money into the Reliance

7e1tile $90, promising them in e1change for their trust, substantial return on their investments. $t was

to be the start of one of the greatest stories of mutual respect and reciprocal gain in the $ndian

mar%et.

(nder hirubhai's e1traordinary vision and leadership, Reliance scripted one of the greatest growth

stories in corporate history anywhere in the world, and went on to become $ndia's largest private

sector enterprise.

7hroughout this amaing ;ourney, hirubhai always %ept the interests of the ordinary shareholder

above all else< in the process ma%ing millionaires out of many of the initial investors in the Reliance

stoc%, and creating one of the world's largest shareholder families.


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"nil hirubai "mbani, born on th =une, 545, in >umbai.

!e is the younger son of the visionary entrepreneur Shri hirubhai "mbani and lives with his mother

?o%ilaben hirubhai "mbani in >umbai.

@raduated &.Sc. in Science/ from ?.C. College, >umbai (niversity and >&" at harton, (niversity of

9ennsylvania. !e is married to former actress - 7ina >unim and has two sons A =ai "nmol B* ears/and =ai "nshul 5 ears/.

He has an elder brother Mr. Mukesh Ambani and two younger sisters Mrs. Dipti Salgaocar

and Mrs. Nina Kothari.Corporate:

"nil hirubhai "mbani is one of $ndiaDs leading business leaders and founder of the Reliance @roupaturity benefits are paid to $n Force and 9aid-up policies.

9ayments are made directly to customer on submission of discharge form and original policy

documents.

+ealth Health

As a part o the +elcome Kit, you will recei*e the ollowing"

!ealth Card.

etwor% !ospital 8ist with contact details.

Claims and 9re-"uthoriation Forms.

-our Health !dentity Card"

our health card which will be provided will identify you as a beneficiary of Reliance ealth I !ealth

plan will give you access to our networ% !ospitals. Secure your !ealth $ card and carry it with you all

the times, Juote your 79" $ card no. when you call 79" helpline. 7he cashless access in 79" networ%

of hospitals is merely a facility e1tended to you by 79" under the contract with R8$C. 79" does not

guarantee the availability, #uality and outcome of the treatment. Selection of a networ% to a non-

networ% hospital is a prerogative of the beneficiary.

9lease note you are not entitled to any benefit on the first K hours of stay in the hospital. 7he

hospital e1penses in e1cess of the policy benefit amount would be paid by you directly to the hospital

of admission.

How to get admitted in a Network Hospital &Nursing Home "

9re authoriation is absolutely necessary without which the etwor% provider will refuse cashless

service. 9lease send the !ospital re#uest note from the attending physician stating the following to

79" via fa1EcourierEe-mailEmessenger.

"ilment and its duration.


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?nown past illness, if any.

!ypertension or diabetes.

7he name of the !ospital Eursing home and consultant's contact no.

7he proposed date of admission.

Class of accommodation.

7he appro1imate duration.

7reatment plan.

"fter due scrutiny, 79" will send an "uthorisation 8etter "8/ for cashless treatment and guarantee of

payment. 7his is sub;ect to the terms, conditions, e1clusions and limitations of the !ospitalisation cash

benefit cover for insured persons/ under the Reliance ealth I !ealth plan

Admission )rocedure"

$n order to secure admission on the appointed day, you are advised to register your name with the

hospital well in advance. "pproach the admission E Reception counter of the hospital on the day of

admission with the "uthority 8etter and your $ card. 7he !ospitalEnursing home will admit you and

e1tend the credit facility up to the amount guaranteed by R8$C sub;ect to availability of bed.

+hen Cashless Access to Hospital Can be Denied "

"/ $n the event sufficient information in the prescribed format is not given by the insured persons/

&/ $n the event of ineligible disease or vague symptoms as per the medical practitioner pre-

authoriation for cashless can be denied/. "bout 54L of admission in the hospitals is planned,

therefore it is necessary to obtain "uthority 8etter in advance.

7he denial of "uthoriation for cashless access does not mean denial of treatment and does not in any

way prevent you from see%ing necessary medical attention or hospitaliation. $n such cases you are

advised to file your claim for reimbursement and 79" will settle the claim as per policy eligibility and

policy coverage under Reliance ealth I !ealth plan.

+hat to do Ater Discharge rom Hospital"

!ospitaliation claim form duly signed by the insured persons/Epolicy holder.

ischarge cardEdischarge summary.

Reports of all investigations.

/mergency Hospitali0ation"

$n the event of emergency, you could first admit the patient in the !ospital and then inform 79",

within B hours of admission and for this purpose you would need to provide M">$7 $>>N$"7N8M

advice from a #ualified doctorEmedical practitioner. ou could call up the number provided on the reverse

of the $ card.

"s it is an emergency, you have the facility of collecting the pre-authoriation form from the treating

hospital or you could even download the 9F format from the 79" website.

$nsured should show the $E!ealth card to the networ% hospital and also submit the pre-

authoriation form to the treating hospital.

7he forms shall be scrutinied and further processed and the cashless facility will be activated.

0n discharge, you would need to sign the re#uired documents.

79" will pay the amount to the hospital.

9lease note that as per policy terms and condition the hospital needs to be e#uipped with a

minimum of ten beds.

9ayment of !ospitalisation benefits for treatment in a on etwor% !ospital:

hile it is suggested that you choose a networ% hospital, you are at liberty to choose a on-networ%

hospital only in the event of an emergency and as advised by your doctor. 9rior approval of 79" is a


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must even in respect of admission to a on etwor% !ospital. $n the event you choose to get treated

in a on-etwor%, you will have to submit the following documents in original to 79" to obtain

reimbursement of eligible claim amount.

!ospital &ill and Receipt for payment.

Claim form duly signed.

ischarge cardEdischarge summary. Reports of all investigation.

7he above list is not e1haustiveoney &ac% 9lan helps you provide a regular income and security for your family

despite the ups and downs of life. 7he guaranteed monthly income increases every year while the

guaranteed periodic lump sums enable you to invest in your business or fulfill your family's goals.

1%usiness proits are ne*er certain, yet !2m sure o a monthly income.1

@et guaranteed payouts at periodic intervals to fulfill your family's desires.

Reliance Super >oney &ac% 9lan helps you provide a regular income and security for your family

despite the ups and downs of life. 7he guaranteed monthly income increases every year while the

guaranteed periodic lump sums enable you to invest in your business or fulfill your family's goals.

>oreover, the life insurance cover in this plan ensures your family continues to fulfill their goals in case

of any unforeseen eventuality, even in your absence.

17a%e care of your monthly e1penses

2Renovate your house every five years

39lan a vacation every five years

49lan for your retirement

5Fund your childDs monthly school fee

o 7uaranteed 8i$uidity"


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>oney &ac% &enefits at the end of every five policy years till maturity

$ncreasing regular monthly income payouts

%oost -our Sa*ings"

8oyalty "ddition, payable at the end of the premium payment term

>aturity "ddition, payable at the end of the policy term

)rotection or your amily"@et life cover of at least + times the annualised

premium for the entire policy term

o )ay as you like"

Select amongst policy terms of +EB+E*+E+E4+ years and pay for only half of

the policy term

Choose to pay premiums yearly, half-yearly, #uarterly or monthly

'a9 beneits"Nn;oy ta1 benefits on the premiums paid and benefits received, as per

applicable income ta1 laws


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. 6eliance i9ed Sa*ings

Reliance Fi1ed Savings helps you to create a corpus for unforeseen e1penses, by

allowing you to systematically save over a period of time. 7his plan offers guaranteed

benefits, including fi1ed additions that accrue every year and an additional lump sum

at maturity, along with a life cover to protect your family.

1Knowing e9actly what !:ll get in the uture lets me ocus on more important things; like myson:s cricket practice.1

" plan that secures your future with upto +L Fi1ed Regular "dditions.


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Reliance Fi1ed Savings helps you to create a corpus for unforeseen e1penses, by allowing you to

systematically save over a period of time. 7his plan offers guaranteed benefits, including fi1ed

additions that accrue every year and an additional lump sum at maturity, along with a life cover to

protect your family.

1Secure your future with fi1ed returns

2@et incremental savings in the first * years

3Create a corpus to fulfill your long term goals

4"vail ta1 benefits

5@et up to +L Fi1ed Regular "ddition

i9ed 6egular Additions

0n survival of the 8ife "ssured till the start of the last policy year, the accrued Fi1ed Regular "dditions

are payable on the first day of the last policy year.

Fi1ed Regular "dditions as a percentage of "nnualised 9remium as mentioned belowwill accrue at thestart of each policy year, provided all due premiums have been paid in full.

9olicy ear B * onwards

Fi1ed Regular "dditions

9ercentage of annualised premium/KL 5L +L

Maturity %eneit

0n survival of the 8ife "ssured till the end of the policy term, @uaranteed Sum "ssured on >aturity is

payable which is e#ual to:

i. "nnualised 9remium99remium payment term 997/ ii.i9ed Maturity Addition aturity Factor 9"nnualised 9remium

>aturity Factor, as a percentage of the "nnualised 9remium, depends on the age of the 8ife "ssured at

inception of the policy, premium payment term, policy term and the death benefit option chosen.

Death %eneit


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$n case of unfortunate demise of the 8ife "ssured during the policy term, provided the policy is in force

as on the date of death, the nominee shall receive the ma1imum of the following benefits:

i. Sum "ssured on death

ii. +4L of all the premiums paid, e1cluding the underwriting e1tra premiums as on date of

death

)lus

"ccrued Fi1ed Regular "dditions till the time of death, if not paid earlier

Sum "ssured on death is higher of:

i. "nnualised 9remium9death benefit multiple as per the death benefit option chosen

ii. @uaranteed Sum "ssured on maturity

0ptions of eath &enefit can be chosen based on the age at entry, 9remium 9ayment 7erm and 9olicy

7erm as per the following table:

Death %eneit =ptionDeath %eneit

Multiple)olicy 'erm

)remium )ayment 'erm

> ? 3@

+P +

B

K- K-44

K-45

4

K-2+

B+

6P 6

B 4-4K

4-2+

"4

4-2+

B+ 42-2+

eath benefit option shall be chosen by policyholder at inception and it cannot be changed during the9olicy 7erm.

8et:s take an e9ample"

Rahul, aged *+ years, opts for Reliance Fi1ed Savings and:

Selects premium payment term of 6 years, policy term of B+ years and pays an yearly

premium of Rs. 4+,+++ p.a. e1clusive of ta1es/, assuming that he is in good health

Fi1ed Regular "dditions as a percentage of annualised premium/ accrue within the policy,

immediately on premium payment

i. KL during first policy year,

ii. 5L during second policy year and


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iii. +L p.a. from third policy year onwards

0n survival till the start of the last policy year, Rahul receives the accrued Fi1ed Regular

"dditions

"t maturity, Rahul receives, the @uaranteed Sum "ssured at maturity which is e#ual to:

i. "nnualised 9remium 99remium payment term 997/

ii. Fi1ed >aturity "ddition Q >aturity Factor 1 "nnualised 9remium

c.6eliance2s Money Multiplier )lan

" plan that helps you achieve your goals sooner.

1'hanks to this plan, my home is now truly mine.1

" plan that helps you achieve your goals sooner.

Reliance's >oney >ultiplier 9lan not only helps you save for a lump sum that helps you ta%e your

family for that long vacation, or buy an asset, but also offers double protection in case of an

unforeseen emergency. 7his way, you can ensure this lump sum can help them fulfill their goals even

in your absence.

1(tilie the lump sum to pay off your home loan

2Fund your childDs wedding

3Save for retirement

4@et a lump sum to fulfill your dreams


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59rotect your family

Sa*ings"@et three @uaranteed &enefits at maturity

Sum "ssured

@uaranteed 8oyalty "dditions, accrued at the end of each policy year

@uaranteed >aturity "ddition

our @uaranteed 8oyalty "dditions and @uaranteed >aturity "ddition increase with the number of

years you pay premiums and remain invested in the plan.

)rotection or your amily"

@et life cover of at least + times of the annualied premium for the entire policy term

@et "ccrued @uaranteed 8oyalty "dditions, if any

le9ibility"Choose your policy term: +,4 0R B+ years

'a9 beneits"@et ta1 benefits on investment and on returns, as per the applicable income ta1 laws

";ay, aged *+ years, opts for Reliance's >oney >ultiplier 9lan and:

Selects a policy term of B+ ears for a Sum "ssured amount of Rs. B,KK,2B

9ays an annual premium of Rs. *+,+++ p.a. e1clusive of ta1es/, assuming that he is in good health

Receives >aturity &enefits at the end of the policy term

$n the unfortunate event of his demise, his nominee receives a lump sum amount eath &enefit


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3. Retirement Plans

ou are a young and earning individual. 7he income you earn allows you to en;oy life, your only worry

being whether you will be able to continue the same lifestyle after retirement.

" Reliance Retirement 9lan will help you save money for your retirement. $t ensures that you continue

to get some income after retirement thereby ensuring that you do not have to depend on any other

person or ma%e any compromises to maintain the same lifestyle.

$nvest in a Reliance Retirement 9lan today and en;oy life after retirement on your own terms.

a.6eliance !mmediate Annuity )lan

orried about how to invest your hard earned money post retirementO Convert your lump sumEcorpus

in to regular income for life. $tDs li%e gifting yourself a regular income in the future.

1+ho says we ha*e retired, ! gited mysel a salary or lie.1


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@et guaranteed regular income for your entire life.

Reliance $mmediate "nnuity helps you earn a regular income for your entire life. 7his is a Single

9remium plan where you pay a lump sum premium amount, and opt for a suitable "nnuity 0ption as

per your re#uirements. &ased on the opted "nnuity 0ption and selected payout fre#uency, you start

receiving regular annuity income.

1Convert your earnings in to regular income

2@et regular income "nnuity/ for your entire life

38eave behind a legacy for your family

48ive life to the fullest, even after retirement

5Receive ta1 benefits

=ne 'ime )ayment # 9ay premium only once

+hole 8ie 7uaranteed !ncome # @et guaranteed whole life income "nnuity/

le9ibility"

Choose your annuity from * different annuity payout options

8ife "nnuity

8ife "nnuity with Return of purchase price

8ife "nnuity guaranteed for 4, + or 4 years and payable for life thereafter

Select your annuity payout fre#uency - >onthly, Juarterly, !alf yearly or "nnually

/ase o enrollment # o medical tests re#uired


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'a9 beneits # Nn;oy ta1 benefits on the premiums paid and benefits received, as per applicable

$ncome 7a1 laws

How does the plan work

8et:s take an e9ample"

3BSelects "nnuity option - 8ife "nnuity with return of purchase price on death and chooses

the "nnuity payout fre#uency

4B9ays one time premium of Rs. 4,++,+++ p.a. e1cluding service ta1/

5BReceives guaranteed monthly income of Rs. B,*6 p.m. i.e. Rs. BK,44 p.a./

BNn;oys regular monthly income for whole of life

>B"ssuming that >r. >ohan dies at the age of K+ ears, the total income he receives till his

death is Rs.4.6 la%h

B!is nominee receives the 9urchase 9rice of Rs.4 la%h- 9remium paid e1cluding service

ta1/ as lump sum eath &enefit

b.6eliance Smart )ension )lan

Retirement is the most important milestone in your life. 7he %ey to successful retirement planning is

starting early to build a desired retirement fund. 7he right retirement %itty will ensure fulfilling your

dream of a wonderful retirement life with the independence you deserve.

1!:m happy to be the one who pays at the reunion.1" plan that guarantees you returns and

helps create a long term corpus for life after retirement.


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ith increasing life e1pectancy and lifestyle diseases, we will live longer after retirement and need

more money for medication. ith rising inflation, it is imperative that we start saving for retirement

early, so we donDt have to compromise on our lifestyle even after we have stopped earning. Reliance

Smart 9ension 9lan is a non participating unit lin%ed pension plan that allows you to save

systematically and build up the much needed lump sum to provide yourself a regular income after

your retirement.

1&uild a corpus for your golden years

2

ecide your retirement age

38ive an independent life

4Nnsure regular income for a lifetime

5@et ta1 benefits as applicable

%uild an ade$uate retirement corpus

Choose a policy term from + to *+ years, as per your convenience

@et e#uity participation along with the comfort of capital guarantee

Nnhance your retirement corpus through loyalty additions

$ncrease your retirement fund with any e1tra lump sum as 7op-ups, whenever available

Decide when you want to retire

Choose vesting age from 4 to 64 years, as per your ease

N1tend your retirement age, as per your need

Receive regular income, as per annuity chosen by you


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Fulfill your immediate needs with ta1-free withdrawal of E* rdof the accumulated corpus upon

retirement

)rotect your amily" @et a minimum guaranteed amount, based on the total premiums paid in case

of any eventuality

A*ail ta9 beneits"@et ta1 benefits on investment and on returns, as per applicable income ta1 laws

"mar, aged *4 years, opts for Reliance Smart 9ension 9lan and:

!B Selects premium payment term of + years with B+ years policy term and pays an

annual premium of Rs. 4+,+++ p.a.

!!B Nn;oys e#uity participation of up to B+L with a minimum guarantee of Rs. 4+4,+++ on

vesting

!!!B8oyalty additions will be accrued in his policy account

!EB 0n vesting, "mar has B options

=ption 3: Commute up to E*rdof the Fund Halue and purchase annuity guaranteed for lifetime from

the balance amount

=ption 4: (tilise the entire Fund Halue to purchase annuity guaranteed for lifetime

EB$n the unfortunate event of his demise, his nominee receives the death benefit

=ption 3" Commute up to E*rdof the Fund Halue and purchase annuity guaranteed for lifetime

from the balance amount

%eneit at Eesting FG F

8ump sum at Hesting *,KK2 BB6,65

"nnuity for 8ifetime 4,*55 B,5KB

8egacy for ominee K+B,52+ ,K4


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4.!nit "in#e$ PlansNo matter what goals you ha*e set in lie,

a I8!) can help you in achie*ing them.

+hile keeping you and youramily protected.

(nit 8in%ed $nsurance 9lans generally called as (8$9 are investment cum protection plans that offers

you dual benefits of availing mar%et lin%ed returns on your investments along with life insurance cover.

ou have an option to choose from a variety of funds available under the selected plan along with the

fle1ibility to manage and switch between funds.

Reliance 8ife $nsurance presents you a wide range of Regular and Single premium (8$9 plans that suits

your investment need.


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a. 6eliance Classic )lan !!

Reliance Classic 9lan $$ is a savings plan that allows you to benefit from long-term investment that is

protected against uncertainties, through a life insurance cover. 7he plan allows you to invest in

multiple funds based on your ris% appetite and gives you the control to switch between the funds,

depending on the mar%et conditions.

)lease e9plain

1%eing in control o my money gi*es me time or more important things.1" plan that puts you

in control to manage the way your money is invested.
http://www.reliancelife.com/life-insurance-plans/unit-linked-plans/reliance-classic-plan-iihttp://www.reliancelife.com/life-insurance-plans/unit-linked-plans/reliance-classic-plan-ii

Documents

Fdsew Men in History Have Made as Dramatic a Contribution to Their Country