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Reliance Life launches new plan

Ramesh Sharma

Health + Wealth: Mr P. Nandagopal, CEO, Reliance Life Insurance at a press conference in the Capital on Thursday. –

Our Bureau

New Delhi, Feb. 7 Reliance Life Insurance, an Anil Dhirubhai Ambani group company, on Thursday announced the launch of Reliance Wealth+ Health Plan, which is a unit-linked plan coupled with health benefit.

Announcing the features of the plan here, Mr P. Nandagopal, CEO, Reliance Life Insurance, said the plan would have twin benefits of market-linked return and health protection.

“The unique proposition of this plan is that it offers complete investment flexibility to grow wealth by investing in different funds and also provides financial support for managing health expenses,” he said.

Mr Nandagopal said the plan provides lump sum benefit to take care of hospitalisation expenses, which includes daily hospitalisation expenditure, intensive care unit expenses and post-hospitalisation spending in the form of recuperation benefits.

Mr Nandagopal told Business Line that he expects the company to close the current fiscal with new business premium of about Rs 2,500 crore.

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