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Reliance General Insurance is one of the leading private general insurance companies of India. It offers an exhaustive and customized basket of insurance products that includes motor, health, travel, student travel insurance etc with over 94 customized insurance products catering to the corporate, SME and individual customers. In an endeavor to delight customers, they strive to come up with innovative products like India's first over-the-counter health & home insurance policies.
Health insurance is a familiar and important term for those who are aware of the insurance industry. Health insurance is basically the concept of having a financial assistance in case of a medical emergency. There are several occurrences that can happen in a person’s life that can spoil them emotionally and financially and a medical emergency is one of them. Whether it is about you or your family you always have to take a stand in case of medical emergency and arrange funds to get quality treatment.
A medical emergency is basically a time which brings a lot of stress to the family. In the case of a disease that is caused to the breadwinner of the family, the tension will be more as the rest of the family members have to arrange for the funds and sometimes they are not aware of how to do so. In India, there are many companies which deliver effective health insurance plans, but Reliance General Insurance Company comes out as the best option of the same.
Nowadays, there is no doubt in saying that the medical expenses are hard to afford from regular income and savings. The cost of medical expenses are rising day by day. You can easily assume that most of the medical expenses are already out of your budget. Here health insurance comes in as a savior as it saves money and offers a great coverage against unexpected medical calamities. It offers coverage against hospitalization expenses, domiciliary hospitalization, day care procedures, etc.
There are several different reasons for which people buy health insurance. Check your needs of having a health insurance plan and then go for it. Reliance General Health Insurance is offering wide range of products so you can chose the best one for you from them. The most common reasons for buying a health insurance plan are:
Health Insurance has become the need for today’s citizen. It has become vital to secure health of you and your family. This will help you in facing the unwanted health related issues. It will provide several types of coverage, such a pre and post hospitalization expense, domiciliary expense, pre-existing disease, hospitalization expenses, medicine costs, etc. You can buy health cover for yourself and your family under a single plan or separately for each one. You may also get several additional benefits along with the basic health plan.
Without doubt, a health insurance plan is an effective yet essential thing to add in your investment portfolio. It is a must have thing whenever you are going for investment planning. Reliance General Insurance understands your needs and offers a wide range of effective health insurance plans through which you can easily insure yourself and your loved ones as well. All plans by Reliance General are effective and affordable also. So choosing the best one for you will be easier.
This plan provides coverage to you and your family. This plan provides cashless benefit and value added wellness services as well. It provides coverage on pre and post hospitalization, domiciliary expenses, donor expenses, etc. There are several additional benefits which you get with this beneficial plan. You can buy it for individual and for the family as well.
This plan is built around three basic parameters
Evaluate: Customized involvement programs for early health assessments
Engage: Knowledge sharing through various videos and chats with health experts
Earn: Discounts and free services at any of the 1500+ health and lifestyle places, who have partnered with us.
Reliance General Insurance Remains Focussed to Grow After 20% Q-2 Profit
December 04, 2018
Reliance General Insurance (RGI), Executive Director & Chief Executive Officer – Rakesh Jain confirmed a profit of 20% in 2nd quarter of the fiscal year. He confirmed that Reliance General Insurance continues to grow having made good profit margin as compared to 13% made by entire Industry. Gross written premium as declared by RGI is Rs. 2,025 crore with a profit of Rs 56 crore. Its overall market share increased from 4.3% to 4.5%.
The company is expected to further growth through compulsory third party insurance and mandatory personal accident cover in motor insurance segment. As per the latest statistics ending quarter 2, Reliance General Insurance got around 130 branches pan India and 29,000 agents. Reliance Capital is the parent company of Reliance General, latter is it’s wholly owned subsidiary. Currently, Reliance General insurance deals in the following Insurance category:-
S.No. | RGI Categories |
1. | Motor |
2. | Health |
3. | Home |
4. | Property |
5. | Travel |
6. | Marine |
7. | Other Specialized Insurance Products |
Reliance Health Insurance Commencing Operations in December 2018
October 08, 2018
Anil Ambani latest venture Reliance Health Insurance got certification of registration from IRDAI.
Reliance Health Insurance is 100% subsidiary of Reliance Capital. Its all set to begin operation from December 2018. In the recent press release Reliance Capital announced final R3 approval from IRDAI for its health insurance business.
Anmol Ambani, Executive Director- Reliance Capital says ” Health Insurance is a budding industry in India. It’s expected to grow at a higher scale in the coming years. Existing low penetration in health insurance is expected to scale up to a new high in coming years”. Anmol further added, “Health Insurance is one of the fast growing sectors”. It’s growing at the rate of 20% every year. With this pace, it can reach the milestone of rupees one lakh crore by 2021. Reliance Capital shares have increased by 1.36 %, its current value is Rs. 272.70 according to Bombay Stock Exchange.
Linking Of Aadhaar With Insurance Policy Is Mandatory, Says IRDA
November 13, 2017
On Wednesday, 8th Nov 2017, the Insurance Regulatory And Development Authority Of India (IRDA) said that the linking of Aadhar number with insurance plans is compulsory and asked insurance companies to implement the statutory norms.
“The Authority clarifies that, linkage of Aadhaar number to insurance policies is mandatory under the Prevention of Money Laundering (Maintenance of Records) Second Amendment Rules, 2017,” the IRDA said.
In the last June, the government of India had informed about the Prevention of Money Laundering (Maintenance of Records) Second Amendment Rules, 2017, making Aaadhar and PAN/Form 60 compulsory for getting financial services that include insurance also and asked policyholders and companies for linking the existing policies with the same.
In a discussion with all life and general insurance companies, IRDA said the rules have “statutory force” and they have to implement the rule without waiting for the further instructions.
Right now, there are 24 life insurers and 33 general insurance companies operating in the country.
Although, there are no deadlines that have been given by IRDA for the completion of the process, as per the circular, it has to be done as soon as possible. Some insurance companies also said that this can also result in the delay of payout in a few cases. Aadhaar is now also compulsory for financial transactions of Rs 50,000 and above. Likewise, one has to link one’s Aadhaar number with the mobile number latest by February 6, 2018.
The claim process of Reliance Health was really smooth and hassle free. I never had any issues with their services.
I've been using the Health Gain Policy from Reliance Health Insurance for the last 3 years.
Mostly all kinds of diseases and cashless benefit are covered under reliance health gain Policy.
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My mediclaim policy expired on 28.10.2018 with Star health. I am of 62 years (20.03.1056) and like to buy a medicalim policy for 25 lacs. Can you suggest the best company which offers the policy covering all conceivable diseases and accidents with assured amount of Rs.25 lacs.
Hi my wife is now 8month pregnancy now I apply for health insurance means it's fine to get maternity insurance it is possible or not pls help and inform me
Want to buy new heath insurance for my family my daughter aged 4 yrs had pre existing nephrotic syndrome is she eligible for taking the policy. Of yes send me the quotation.
What is the usual cost of health insurance policy for parents. My parents are 60 and 58 years old.
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