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New Reliance Life Insurance scheme launched

CHANDIGARH: Reliance Life Insurance on Tuesday launched ‘Express Life’, described as an innovative, customer-friendly service that assures the fastest way of getting a life insurance cover.

Addressing media persons here, Reliance Life Insurance Company Chief Executive Officer P. Nandagopal said his company was the country’s first Life Insurance player to offer this novel life insurance process to its customers for a cover of up to Rs.10 lakh.

Giving details, he said the life insurance cover would be offered almost instantly to customers without the hassles of long waiting period, follow-ups and medical check-ups. He said that customers who fall between the age group of 18 to 45 years and fulfil the qualification criteria can avail the benefits of Express Life service.

On submission of the duly filled application form, mandatory documents and the requisite premium cheque, customers are assured commencement of life insurance cover in three working days and the letter and policy kit are handed over the counter. This service is available under the Reliance Life Insurance Automatic Investment Plan, Money Guarantee Plan, Market Return Plan and Golden Years Plan, he added.

The company also issued its first policy under this initiative to a customer here.

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