Reliance Life Insurance Company Limited or RLIC is among the top most life insurance providers in the Indian market, in regard to individual as well as new business WRP (weighted received premium). Also, it is the biggest non-bank assisted private insurance company by far, with more than 10 million policyholders and a robust product distribution system comprising over 800 branches and 100000 advisors, as per 31st March 2015 figures. The claim reimbursement ratio of the company is 91%, as per the figures of 30th June 2015.
RLIC is a part of Reliance Capital (Reliance Group) and holds 5% of the market share. The latter is one of the leading private sector financial services providers of India. Nippon Life Insurance Company held 26% interest of the company in the equity share capital, effective since 7th October 2011. RLIC is known for the range of services it offers that includes children, protection, investment and retirement plans.
Reliance Life Term Plans
Reliance Term Plan
Reliance Online Term
Reliance Online Income Protect
Reliance Life ULIP Plans
Reliance Classic Plan II
Reliance Pay Five Plan
Reliance Life Child Plans
Reliance Child Plan
Reliance Education Plan
Reliance Life Investment Plans
Reliance Super Money Back Plan
Reliance’s Guaranteed Money Back Plan
Reliance Fixed Savings
Reliance Bluechip Savings Insurance Plan
Reliance Increasing Income Insurance Plan
Reliance Lifelong Savings
Reliance Fixed Money Back Plan
Reliance Future Income
Reliance Life Pension Plans