Reliance Nippon Life Insurance

Reliance Nippon Life Insurance Company is a product of collaboration between Reliance Capital and Nippon Life. Reliance Nippon Life Insurance Company commenced its operation in the year 2001. Reliance Life is one of the leading private insurance providers in India. Reliance Life works with strong values to ensure the financial independence of every individual associated with them. Reliance Life offers different insurance plans such as Term Insurance, Savings and Investment, Health Insurance and Unit-Linked Insurance plans. Reliance Life insurance plans ensure that your family has adequate financial support in your absence.

Reliance Life Insurance has many awards. Reliance Life has recently won ‘Best Claim Service Provider 2020’ by Annual Insurance Summit and Awards. Reliance Life has won ‘Life Insurance Company 2019’ by BFSI Awards. Reliance was awarded ‘Innovative Insurance Provider 2019’ by ET BFSI Excellence Awards. Reliance Life Insurance has also won ‘Best Risk Innovation 2019’ by ERM World Summit for Risk Management.

Types of Reliance Nippon Life Insurance Plans

Reliance Nippon Life offers a wide variety of plans to choose from. Following are the types of life insurance policies offered by the Reliance Nippon life insurance company:

1. Term Insurance Plans: Reliance Life offers two budget-friendly term insurance plans to cater for the requirements of an individual. Reliance Nippon Life Protection Plus is a term plan that ensures the policyholder’s family members get financial protection at the time of the unforeseen demise of the policyholder. This plan offers an option to choose from four different cover plans. Reliance Nippon Digi-Term Insurance Plan comes with a built-in terminal illness benefit. This plan provides life cover and also offers to customize this plan by providing an option to choose from multiple options.

2. Savings and Investment Plans: Reliance Life offers several savings and investment plans namely Reliance Nippon Life Long Savings Plan, Reliance Nippon Life Super Money Back Plan, Reliance Nippon Life Milestone Plan, Reliance Nippon Life Super Endowment Plan, Reliance Nippon Life Increasing Money Back Plan, Reliance Nippon Life Future Income, Reliance Nippon Life Fixed Money Back, Reliance Nippon Life Increasing Income Insurance Plan, Reliance Nippon Life Bluechip Savings Insurance Plan and Reliance Nippon Life Fixed Savings Plan.

3. Health Insurance Plan: Reliance Life offers one health insurance plan that is Reliance Nippon Life Cancer Protection Plus provides financial security at the time of diagnosis of Cancer and on every minor and major stage of treatments of Cancer.

4. Unit-Linked Insurance Plans: Reliance Life offers four Unit-Linked Insurance plans namely Reliance Nippon Life Smart Savings Insurance Plan, Reliance Nippon Life Prosperity Plus, Reliance Nippon Life Premier Wealth Insurance Plan and Reliance Nippon Life Classic Plan II.

5. Retirement Plans: Reliance plans for retirement are designed to assist you to save plenty of money for the time of retirement. The retirement plans ensure that you should get some amount of income after your retirement which makes you independent and allows you to live the same lifestyle.

6. Group Insurance Plans: Reliance group insurance plans provide you with win-win solutions by covering your employees for life and offering them a sustainable and comfortable post-retirement life with its pension and gratuity plans.