Recently, Reliance Life Insurance Company (RLIC) which is a part of Reliance Capital Ltd announced to launch a new unit-linked insurance plan. The new ULIP of RLIC comes with both regular as well as single premium options.About the new Reliance Life Insurance ULIP, online news portal - economictimes.indiatimes.com about business and economy quotes a statement of Malay Ghosh, President and ED, Reliance Life Insurance, “This is the first time that RLIC is introducing a new life cover option in its ULIP portfolio and it offers customer life cover benefit that is equal to the sum assured or the fund value, whichever is higher.”Further he adds to the ET, “This feature is a clear differentiator from the existing ULIP plans in our portfolio that offer life cover benefit that is equal to the sum assured plus fund value.This new...
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