Insurance

Reliance Life Insurance Company Limited.

Reliance Life Insurance Company Limited.

Reliance Life Insurance Company is a new life insurance company in India. The company offers various plans of life insurance like protection, savings, investment plans, retirement and child plans.

Reliance Life Insurance has already sold around 1.7 million life insurance policies. The company also deals in asset management and mutual funds, stock broking, general insurance, proprietary investments, and private equity. The company is a part of Reliance-Anil Dhirubhai Ambani Group and an associate company of Reliance Capital Ltd.

 

Term -> Reliance Credit Guardian Plan

Eligibility Description
Minimum Sum Assured 250000
Maximum Sum Assured No Limit
Minimum Entry Age 21
Maximum Entry Age 60
Maximum Maturity Age 64
Payment Frequency Monthly,Quarterly,Half Yearly,Yearly,Single

Feature Description
Coverage "Different types of loans are covered under this Policy - Housing Loans, Personal Loan, outstanding on credit cards etc, Discount on premium rates for women, Decreasing term insurance."
Exclusions "General Exclusion: The Company will not pay any claim on death if the Life Assured, whether sane or insane, commits suicide within 12 months from the date of issue of this Policy or the date of any reinstatement of this Policy. "
Grace Period One month or 30 days from the due date for the payment of premiums.
Pre Mandatory Medical Not available
Cost Health Checkup Not available
Number of Riders Covered Data Not Available
Riders Not available
Surrender Value No Surrender Value
Cancellation Clause Data Not available

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