Reliance Life launches Reliance Fixed Savings

Reliance Life Insurance Company today launched 'Reliance Fixed Savings', a unique endowment insurance plan that secures future through with fixed returns.

Reliance Fixed Savings is a non-linked, non-participating and non-variable endowment insurance plan that helps a policyholder create a corpus for securing future goals through systematic savings over a period of time.

The new insurance plan offers guaranteed benefits, including fixed regular additions that accrue every year. The plan also offers an additional lump sum at maturity along with a life cover to protect the family of the insured.

"The uniqueness of the plan lies in fixed regular additions that will be rewarded to policyholders throughout the policy tenure, in addition to the life cover. Customers can stop worrying about their long term goals, knowing exactly what they will get in the future," said Anup Rau, CEO, Reliance Life Insurance.