6 min read
Updated on Sep 02, 2022
A joint venture company between Nippon Life and Reliance Capital, Reliance Nippon Life Insurance Company limited started its operation in 2001. Regarded as one of the leading private insurance companies in the country, Reliance Life makes sure to offer financial security to everyone associated with their policies.
Some of the important policies offered by Reliance Life include Term Insurance plans, Unit-Linked Insurance plans, Saving plans and Investment plans etc. These plans ensure that the family members of the insured are financially protected in their absence.
|Claim settlement Ratio||98.49% (FY 2020-21)|
|Total Death Benefits Paid||7866 policies|
With Reliance Life insurance policies, you can make sure that your family has enough financial support to stay protected in your absence. Here are some benefits of Reliance Nippon Life Insurance policies:
Reliance Nippon Life Insurance presents a large number of plans as mentioned below:
The term insurance plans of Reliance Life are pocket-friendly and they cater to individual requirements. These term plans financially protect the family members of the policyholder in the case of his/her unfortunate demise.
Some of the savings and investment plans of Reliance Nippon Life are namely:
The health plan of Reliance Life secures the health of an individual financially if the individual is diagnosed with fatal disease like cancer in all its minor and major stages with Reliance Nippon Life Cancer Protection Plus plan.
There are four Unit-Linked Insurance plans offered by Reliance Life. They are;
The retirement plans from Reliance are so designed to aid individuals after they are retired by helping them to save enough money. With this plan, you can ensure to have enough savings after you retire to help you live your life without any worries.
With the Reliance Nippon life insurance plans for groups, you can cover the life of your employees and help them with a secured life post-retirement. The group plan comes with the scheme of gratuity and pension, which help you sustain a comfortable life.
The claim filing process of Reliance Nippon Life is easy, fast and hassle-free. You need to follow the following steps to file a claim:
You must note here that Reliance Nippon life insurance policy status check can be done online.
The claim settlement ratio of Reliance Nippon Life Insurance in the year 2016-17 was 94.53%, while it was 95.17% for 2017-18.
Further, for FY 2020-21, Reliance Life has featured a high claim settlement ratio of 98.49%.
With Reliance Insurance Policy, you can easily pay the premium for your life insurance cover from the comfort of your home by doing it online. Here is the process:
I have a Reliance Life Insurance policy, being issued by PayBima. The team at paybima is very helpful and friendly. They helped me choose the right plan to suit my needs appropriately.
I am grateful to team Paybima for guiding me through the process of making a claim under Reliance Life Insurance plan. I had all the documents required before starting the process online, and the team guided me in this process. Once done, I informed my carrier and uploaded the documents to settle the claim in no time.
Below are some of the Nippon Life Insurance policies available:
Life Insurance Plans
Term Insurance Plans
Savings & Investment Plans
Health Insurance Plans
Child Insurance Plans
Group Insurance Plans etc.
Reliance Life has featured a high claim settlement ratio of 98.49% in the FY 2020-21.
Call at toll-free Pan India number 1800 102 1010 (Monday to Saturday: 9 am to 6 pm). For people residing outside India can call at (+91) 022 4882 7000 Customer Care Number. And for Claims Related Queries, call at 1800 102 3330 number.
All you need is to visit the official portal of the insurer or the app for Reliance Nippon life insurance payment receipt download. Here, you must enter your policy number and your date of birth, and you can download the copy of the insurance cover online.
To change the address of communication, you can visit any of the branch offices of Reliance Nippon or can logon to the official portal of the insurer.
PayBima is an Indian insurance aggregator on a mission to make insurance simple for people. PayBima is the Digital arm of the already established and trusted Mahindra Insurance Brokers Ltd., a reputed name in the insurance broking industry with 17 years of experience. PayBima promises you the easy-to-access online platform to buy insurance policies, and also extend their unrelented assistance with all your policy related queries and services.
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