What are the benefits available with Reliance Golden Years Plan?

At Vesting:
On vesting, you can purchase annuity plan for the full Fund Value
You may commute up to one third of Fund Value as tax free lump sum and the balance can be used for the purchase of annuity
Open Market Option: you can purchase an annuity either from Reliance Life Insurance Company Limited or from any other registered life insurance company.
At Death: In the unfortunate event of your death during the Policy term, the Beneficiary will get the Fund Value. This amount can be taken as a lump sum or an annuity can be purchased for the entire lump sum or portion of it. The Beneficiary will have the option to purchase an annuity either from Reliance Life Insurance Company Limited or from any other registered life insurance company.