Indian private sector life insurer Reliance Life Insurance Company (RLIC), a part of Anil Ambani's Reliance Capital Limited, on Wednesday announced the launch of its new healthcare policy- 'Reliance Life Easy Care Fixed Benefit Plan' aimed at meeting both the hospitalisation and surgery expenses of individuals.
Announcing the launch, Mr. Anup Rau, Chief Executive Officer, RLIC, said, “Reliance Life Easy Care Fixed Benefit Plan is designed to cover the two major components of health expenses - hospitalization and surgery, keeping in mind the difficulties and worries faced by customers while meeting the high hospitalization and surgery costs. We are confident that our new healthcare plan will fill the gaps in health insurance and address key concerns among customers on claim amount, increase in premium in case of a claim and coverage on surgeries."
Reliance Life Easy Care Fixed Benefit Plan gives the customer the option of paying a single premium upfront for the entire policy period of five years. This feature is seen as a key differentiator in the domestic health insurance market.
The new healthcare policy offers its policyholders a lump sum benefit of 100 % of sum insured to the insured suffering from 10 critical illnesses, including cancer, stroke, loss of speech, Alzheimer and coma. This plan is available for the people between the age group of 18 to 65 years and can be opted for the plan with guaranteed renewability till the age of 75 years.
Reliance Life Insurance Company is a joint venture between Reliance Capital Ltd., an Indian financial services company and Japanese insurance giant Nippon Life.
Announcing the launch, Mr. Anup Rau, Chief Executive Officer, RLIC, said, “Reliance Life Easy Care Fixed Benefit Plan is designed to cover the two major components of health expenses - hospitalization and surgery, keeping in mind the difficulties and worries faced by customers while meeting the high hospitalization and surgery costs. We are confident that our new healthcare plan will fill the gaps in health insurance and address key concerns among customers on claim amount, increase in premium in case of a claim and coverage on surgeries."
Reliance Life Easy Care Fixed Benefit Plan gives the customer the option of paying a single premium upfront for the entire policy period of five years. This feature is seen as a key differentiator in the domestic health insurance market.
The new healthcare policy offers its policyholders a lump sum benefit of 100 % of sum insured to the insured suffering from 10 critical illnesses, including cancer, stroke, loss of speech, Alzheimer and coma. This plan is available for the people between the age group of 18 to 65 years and can be opted for the plan with guaranteed renewability till the age of 75 years.
Reliance Life Insurance Company is a joint venture between Reliance Capital Ltd., an Indian financial services company and Japanese insurance giant Nippon Life.
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