Refundable Term Insurance (RTI) is a structured life insurance solution that combines protection with financial return. At the end of the 15-year policy term, the plan refunds 100% of the premiums paid, provided no claims have been made, offering both security and peace of mind.

This option is particularly well suited for individuals seeking a low-risk insurance solution who are comfortable with higher monthly premiums in exchange for guaranteed capital recovery. RTI allows policyholders to protect their families against unforeseen events while maintaining confidence that their investment will be fully returned at the end of the term.

What truly sets Fidelity’s Refundable Term Insurance apart is its renewability, a feature not commonly available in similar plans across the market. Upon maturity, policyholders may choose to renew the coverage for another 15-year term or transition seamlessly to a different life insurance solution, ensuring continued protection that evolves with their changing needs.

100% of Premiums Refunded: If you outlive a term plan with RTI, the policy refunds all premiums paid as survival or maturity benefit. You can use this amount to fulfil any major financial requirement.

Builds a Savings: When you survive the term, the maturity benefit functions like a retirement plan, allowing you to reinvest it to address your retirement needs.

Assures Financial Security: If the policyholder dies before the policy matures, the full sum assured is paid to the beneficiaries, and the policy is then terminated.

Guaranteed Renewability: At the end of the period, you have the option to convert to a 5-Year Renewable Term or purchase another 15-Year Refundable Term Insurance policy.

Flat Rate: The premium for the RTI remains constant for the entire duration of the policy.