Reliance Life Insurance is one of the fastest growing private life insurance companies in India. It is a part of Reliance Capital Ltd. of the Reliance-Anil Dhirubhai Ambani Group. Reliance Capital Ltd is one of the top 3 private sector financial service companies in India.
Reliance Life Insurance was established in 2003 and in a short span of time, RLI launched 1145 branches across the country. The company was the 3rd largest private insurance company in terms of policy count in 2008-09. Reliance Life Insurance was also awarded by Jamnalal Bajaj Uchit Vyavahar Puraskar-2007 Certificate of Merit in the financial service category. The company’s Unit Linked Insurance Plans are more popular in the market.
Products offered by Reliance Life Insurance–
Reliance Life Insurance offers range of insurance products for individuals and groups. They are as follows:
Protection Plans-
-Reliance Term Plan
-Reliance Simple Term Plan
-Reliance Special Term Plan
-Reliance Credit Guardian Plan
-Reliance Special Credit Guardian Plan
-Reliance Endowment Plan
-Reliance Super Five Plus
-Reliance Connect 2 Life
-Reliance Whole Life Plan
-Reliance Cash Flow
-Reliance Traditional Super Invest Assure Plan
-Reliance Super Golden Years Term 10 Plan
-Reliance Super Golden Years basic Plan
-Reliance Super Golden Years Plus Basic Plan
-Reliance Super Golden Years Plus 10 Term Plan
-Reliance Super Golden Years Value Basic Plan
-Reliance Super Golden Years Value Term Plan
-Reliance Wealth+Health Basic Plan
-Wealth+Health Term 10 Plan
Savings and Investment Plan-
-Wealth+Health Term Plan
-Reliance Wealth+Health Basic Plan
-Reliance Life Money Guarantee Basic Plan
-Reliance Life Money Guarantee Term Plan
-Reliance Total Investment Series I Term 10 Plan-Insurance
-Reliance Life Premier Term 10 Plan
-Reliance Life Premier Basic Plan
-Reliance Super InvestAssure Basic Plan
-Reliance Super Automatic Investment Term 10 Plan
-Reliance Super Automatic Investment Basic Plan
-Reliance Super InvestAssure Plus Term 10 Plan
-Reliance Super InvestAssure Plus Basic Plan
-Reliance Imaan Investment Basic Plan
-Reliance Imaan Investment Term 10 Plan
-Reliance Super Market Return Basic Plan
-Reliance Super Market Return Term 10 Plan
-Reliance Traditional Super InvestAssure Plan
-Reliance Cash Flow Plan
-Reliance Endowment Plan
-Reliance Super Five Plus
-Reliance Whole Life Plan
-Reliance Connect 2 Life Plan
Child Plans-
-Reliance Child Plan
-Wealth+Health Term 10 Plan
-Reliance Wealth+Health Basic Plan
-Reliance Super InvestAssure Basic Plan
-Reliance Life Secure Child Basic Plan
-Reliance Life Secure Child Term 10 Plan
Retirement Plans-
-Reliance Super Golden Years Value Basic Plan
-Reliance Super Golden Year Value Term 10 Plan
-Reliance Wealth+Health Basic Plan
-Wealth+Health Term 10 Plan
-Reliance Super Golden Years Term 10 Plan
-Reliance Super Golden Years Basic Plan
-Reliance Total Investment Series II Term 10 Plan-Pension
-Reliance Super Golden Years Plus Basic Plan
-Reliance Super Golden Years Plus Term 10 Plan
-Reliance Super Automatic Investment Term 10 Plan
-Reliance Super Automatic Investment Basic Plan
Group Plans-
-Employers Liability Solutions
-Employee Protection Solutions
-Employee Voluntary Benefits
Reliance Life Insurance takes the next step in the insurance sector. Recently, the company launched its new insurance products into rural and micro insurance segment. Reliance Jan Samridhi Plan and Reliance Traditional Super Invest Assure Plan are the new products which provides life cover and saving options at very affordable premium cost.