R
Regular premium
The amount which is payable by you during the plan term at regular intervals as specified in the plan schedule.
Regulations
The applicable laws as amended from time to time which are applicable to the plan, its funds, the valuation of investments and other assets.
Regulatory authority
The Insurance Regulatory and Development Authority or such other authority or authorities, as may be designated/appointed under the applicable laws and regulations as having the authority to oversee and regulate life insurance business in India.
Rider
An optional addendum to the insurance policy which can provide additional benefits under certain conditions.