Reliance Life enters health insurance biz

[Vivek]

Reliance Life Insurance, part of the Anil Dhirubhai Ambani Group company Reliance Capital , Thursday forayed into health insurance , launching a family floater plan, "Reliance Life Care for You Plan".

"Reliance Life Care for You Plan" is a comprehensive long-term family floater plan that addresses healthcare expense needs of the entire family, including emergencies, under a single policy. The policy term under this plan is three years with the premium fixed for the entire period, irrespective of the claims.
The policy would also provide healthcare expenses of the extended family. It would help policy holders to avail cashless facility at over 6,000 hospitals across the country.

Source - economictimes.com

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[koolz]

The plans offered by Life Insurance companies are not complete health plans. They are like addons.

[Naresh]

I have checked the plan on Reliance Life website and found it's good health plan. Some coverage provided by plan -

1. Cashless facility at 4000 hospitals across the country
2. Single sum assured covers the entire family
3. Day Care Treatment covered
4. Covers parents and in-laws
5. Maternity Benefit (available under family floater cover)
6. Fixed premium guarantee for a period of 3 years
7. 5% increase in Sum Assured without paying any extra premium for every claim free year.