*Please note that the quotes shown will be from our partners

New Endowment Plan Launched by Reliance Life

Reliance Fixed Savings is the new endowment insurance plan launched by Reliance Life Insurance, part of Reliance Capital. It would help the policyholder by creating a corpus as it is a non-linked, non-participating and non-variable endowment plan. Through systematic saving a person’s future goals can be secured under the same.

Under this plan, the policyholder would receive guaranteed benefits and accumulation of fixed regular addition every year. A released issue by RLI informed that in addition to the life cover for protection of family, lumpsum will be offered on maturity.

Anup Rau, RLI CEO said that Reliance Fixed Saving the new endowment plan would provide long term saving and protection to the risk-averse customers.

Written By: PolicyBazaar - Updated: 27 January 2021
You May Also Want to Know About
Modi Government Launches 3 Social Security Schemes
Modi Government Launches 3 Social Security Schemes Prime Minister Narendra Modi has launched three new social security schemes (PM Bima Yojana) in Kolkata. The new government schemes (2 insurance products & 1 pension scheme) is aimed at the...
Insurance Corporate Agents Can Now Sell Policies Of Up To 3 Insurers
Insurance Corporate Agents Can Now Sell Policies Of Up To 3 Insurers  The Insurance Regulatory and Development Authority of India (IRDAI) notified new norms for corporate agents allowing them to tie up with up to three insurers each — life, no...
Maharashtra’s Auto Rickshaw Drivers to Get Pension and Insurance Cover
Maharashtra’s Auto Rickshaw Drivers to Get Pension and Insurance Cover The Maharashtra State Department has decided to give pension to the licensed auto rickshaw drivers above 60 years of age. The scheme will also cover their spouse as well. T...
IRDA Imposes a Penalty worth Rs 10 Lakhs on Tata AIA Life
IRDA Imposes a Penalty worth Rs 10 Lakhs on Tata AIA Life Insurance Regulatory and Development Authority of India (IRDA) today slapped a penalty of Rs 10 Lakhs on Tata AIA Life Insurance for surfeit payment to corporate agents. Additionally, th...
IRDAI Directs SBI Life Insurance Company Ltd. to Refund Commission Excess of Rs.275 Crores to Policyholders
IRDAI Directs SBI Life Insurance Company Ltd. to Refund Commission Excess of Rs.275 Crores to Policyholders SBI Life Insurance Company Ltd., a private life insurer, was directed to reimburse the excess commission of Rs. 275.29 crore to policyhol...
Close
Download the Policybazaar app
to manage all your insurance needs.
INSTALL