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#1
13th May 2008, 02:20 PM
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Reliance SIP Insurance !
Reliance has come out with Reliance SIP Insurance in 10 of its fund, including Reliance Growth Fund and Reliance Vision Fund.
What I get to know from the first glance is that when you do a SIP in this funds and if the investor dies after some time, Rest of the SIP installment are paid by the company for free. Does anybody has more news about it. Thanks, MFAdvisor Last edited by MFadvisor; 28th May 2008 at 11:19 AM. 
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#2
18th June 2008, 05:29 PM
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Re: Reliance SIP Insurance !
I checked with my advisor for this and he strongly advised againsts it.
1. Min 2000 Rs SIP 2. Tenure is 10 years minimum (not 100% sure). 3. Entry load 2.25+ Exit load 2.0% both (Generally no exit load if we withdraw after 1 year generally)
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