Kumari Palany & Co

Reliance Life Insurance launches Smart Cash Plus Plan

Posted on: 11/Mar/2014 12:22:22 PM
Reliance Life Insurance Company has announced the launch of a new traditional product Reliance Smart Cash Plus Plan.

This plan offers the triple benefits of enhanced protection, periodic liquidity and long-term savings.

Smart Cash Plus Plan is designed to provide multiple benefits — long-term security and savings and periodic cash flow — to customers looking for a simple insurance product with guaranteed returns at regular intervals. Its unique proposition is that it offers guaranteed money-back benefit that increases with every payout and helps policyholders take care of their increasing needs at every life-stage,” Anup Rau, Chief Executive Officer, Reliance Life Insurance, said in a statement.

This traditional plan is available for customers in the age group 14-55 years with a minimum sum assured of Rs 1,00,000 and the policyholder can opt for policy terms of 10, 13, 16, 19 or 22 years.