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Health plan from Reliance Life
| The unit linked plan offers cover for the entire family |
HEALTH IS WEALTH: P. Nandagopal, CEO, Reliance Life Insurance, launching Reliance Wealth + Health Plan in New Delhi on Thursday.
NEW DELHI: Reliance Life Insurance on Thursday launched Reliance Wealth plus Health Plan, a unit linked plan coupled with health benefits.
P. Nandagopal, CEO, Reliance Life Insurance, said the at a press conference here that the new plan offers the convenience of cashless payments, cover for the entire family under one plan and the option to increase life cover to provide additional security.
“With annual premium as low as Rs. 10,000 to Rs. 12,000 , the insured can get health and saving benefits and protect himself or herself against high or unexpected medical bills,” he stated.
The plan provides lumpsum benefit to take care of hospitalisation expenses, which include daily hospitalisation expenditure, intensive care unit expenses and post-hospitalisation spending in the form of recuperation benefits, he said.
The policyholder can also avail himeself of all benefits with all features of ULIP for maximum flexibility and liquidity, minimising risk, maximising returns and averaging cost of units. The product is expected to contribute 35 to 40 per cent of the total sales of the January-March quarter 2008.
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