Reliance Guaranteed Return Plan

I had got a call from reliance money regarding this plan, felt exciting. Reliance Guaranteed Return Plan Series I – InsuranceAssured Returns + Life cover UNDER THIS PLAN THE INVESTMENT RISK IN THE INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER.

Reliance Guaranteed Return Plan Series I – Insurance not only prepares you for such surprises but also provides you guaranteed security.
This is a Single premium unit linked savings life insurance plan with guaranteed maturity benefit.
The guaranteed maturity benefit is the single premium paid (excluding any extra or additional premiums) less charges (Allocation charge, Mortality charge, Policy administration charge and service tax on these charges) accumulated at the rate of 6.85% p.a from the date of issue of the policy up to the maturity date provided no partial withdrawals have been made.

In this market situation this plan seeems attractive, I had an ULIP policy since last 4 year and still I have negative returns. Its better than fixed deposit as you can bet on market, it it goes good you can get upto 20% returns . Also this investment is tax-free.