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Reliance Nippon Life Insurance

Reliance Nippon Life Insurance is a part of Reliance Capital, one of India's leading financial service providers in the private sector. Reliance Capital ranks among the top financial service providers and non-banking companies, in terms of its net worth. Following in its parent company’s footsteps, Reliance Nippon Life Insurance Company is also counted among the top private sector life insurance companies in India, in terms of individual WRP or weighted received premium. The company is also one of the largest non-bank supported private life insurers in the country, with over 10 million policy holders. The range of Reliance life insurance policies caters to five distinct segments - Protection, Retirement, Saving & Investment, Child, and Health.


Plans offered by Reliance Life Insurance

Reliance offers policies for individuals as well as groups and corporate entities. Having a comprehensive portfolio that covers a variety of plans and caters to the financial needs of a diverse base of customers from different walks of life, Reliance life insurance makes it relatively easy for everyone to find a policy that perfectly meets their requirements. Following are the popular insurance products offered by Reliance Nippon Life Insurance –

    Plan Name : Reliance Nippon Life Online Term Plan

      About the plan

      Life is uncertain at every step and while nothing can really compensate for the loss of life, this policy provides you the peace of mind that your family will be financially secure after you. One of the most popular offerings by Reliance, this term protection plan is available online and can be availed in just a few clicks. The plan offers a substantial insurance cover at a very nominal amount of premium.

      • Offers life coverage of up to 1 crore at an affordable premium.
      • The medical tests can be done at home, before availing the policy.
      • The policy offers rewards for healthy lifestyles, through reduced premiums.
      • Also provides certain tax benefits as per the tax laws.

              Note:To know more about this plan, contact insuranceinbox.

            Plan Name : Reliance Nippon Life's Guaranteed Money Back Plan

              About the plan

              This is an effective retirement plan that lets you convert your lump sum savings into a regular income for life. This is an ideal plan when it comes to planning for your future, as it allows you to protect yourself and your family, through regular payouts, so there is no change in your living standards

              • The plan is issued for a period of 15 or 20 years.
              • Accidental death benefit and waiver of premium benefit is offered in case of an untimely demise.
              • Loyalty addition, amounting up to 40% of the assured sum.
              • Also provides certain tax benefits as per tax laws.

                      Note:To know more about this plan, contact insuranceinbox.

                    Plan Name : Reliance Nippon Life Immediate Annuity Plan

                      About the plan

                      • It’s a single premium plan, where you pay a lump sum amount to receive regular income post retirement.
                      • Offers three pay out options to choose from – life annuity; life annuity guarantee for 5, 10, or 15 years; and life annuity with return of purchase price.
                      • Also provides certain tax benefits as per the tax laws.

                              Note:To know more about this plan, contact insuranceinbox.


                          • With a net worth of more than 13,000 crore, the parent company, Reliance Capital has proved to be the largest financial service provider in India.
                          • The company holds one of the top claim settlement ratios in the industry at 95.21%, as of March 31, 2017.
                          • Whether it is a child plan, savings and investment plan, retirement solution, or a protection benefit that you are looking for, life insurance by Reliance has got you covered.
                          • It has a strong distribution network of over 700 branches with close to 1,00,000 advisors.

                          Claim Process at Reliance

                          With a high percentage of the total number of claims settled and total number of claims incurred by the company, claim settlement is an easy process with Reliance. The company offers a 12-day Claim Settlement Guarantee for insurance policies that pay regular and timely premiums for 4 or more years.

                          Review of Reliance Life Insurance

                          Rated amongst the ‘Top 4 Most Trusted Life Insurance Service Brands’ by Brand Equity‘s Most Trusted Brands Survey of 2016, Reliance Nippon Life Insurance is a company people truly trust in and grow with. It provides financial independence to every individual that connects with it. You can find out more and avail a Reliance life insurance online in a few, easy clicks. Buy it from Insurance Inbox, which lets you compare Reliance life insurance plan features, benefits, and premiums with other life insurance companies, to help you make an informed decision.