Reliance Life ULIP Plans

Ans:. RELIANCE LIFE Insurance offers basic 4 modes of premium payment. They are as follows:

• Online- Requires you to login through your client Id and password, select the online medium to pay the premium.
• Pay at Suvidha Center- This helps to locate the nearest branch office wherein payment can be done via cheque or cash.
• Bill Junction or Bill Desk option- This requires registering oneself in the site and clicking on the Pay Reliance Life Insurance option to authorize the payment.

For online payment mode, the policyholder can pay via;

• Credit Card
• Debit Card
• Netbanking facility

One can also avail Electronic Clearance System ECS) for paying premium of renewed policies.

Ans:. For checking the policy you must register first on e-portal. After generating the password, login to your account. Then click on the ‘Policy Details’ tab to get the status of the desired policy number.

Ans:. Renewal of policy can be done by two modes:

• Online
• Electronic Clearance System(ECS)

For Online renewal process, login to your account and click on the required renewal tab after selecting the payment mode. Payment can be done via cash, cheque or through net banking.

For renewing the policies using Credit Card Mode, fill in the required mandatory form along with photocopy of Credit card. Within a period of 10 days, the credit card information will be registered for renewal process.

ECS facility can be availed by filling in the desired form and submitting the required documents. The bank will process the information within 30 days of receipt of the same. In case the premium renewal date falls on a holiday, the amount will be debited on the next working day.

Ans:. The company guarantees 12-day claims settlement policy. You must attach the correct documents with the claims form and send it to the nearest branch office in your city. To find the relevant documents for the particular claim, please visit the Claims Overview Section.

After receiving the particular documents and completion of the verification process, the cheque will be dispatched to the nearest branch within 3 working days. From there one can collect the cheque after verifying the identity proof.

Ans:.The policy cancellation process requires the customer to submit a duly filled surrender form along with relevant documents in any branch. Upon receiving and verification of the documents, the policy is deemed cancelled as per bank accounts record.