Reliance Nippon Life Insurance
- Quick renewals
- 98.67% CSR
- Hassle-free claim
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Updated on Jul 09, 2025 8 min read
Reliance Nippon Life Insurance Company is amongst the leading private sector life insurance companies in India. The company is one of the largest non-bank-supported private life insurers with over 10 million policyholders, a strong distribution network of 713 branches, and 46,538 advisors as of March 31, 2024. The company holds a Claim Settlement Ratio of 98.74% as of March 31, 2024.
Reliance Nippon Life Insurance Company ensures to look after your insurance needs by offering:
Affordable Premiums
Wide Scope Of Coverage
Customizable Plans
Rider Benefits
Enhanced Coverage Benefit Option
To get more insight into Reliance Nippon Life Insurance Company's performance, take a look at the below key highlights that will help you to analyze the company based on its performance:
Reliance Nippon Life Insurance has a Solvency Ratio of 2.2 as per the IRDAI annual report 2023-24. The solvency ratio helps the prospective policyholder assess the ability of a company to meet its financial obligations. As of now, IRDAI mandates maintaining a solvency ratio of 1.50 for every insurer.
There are various features to Reliance Nippon Life Insurance Plan. Lets understand each of them in detail:
There are multiple benefits of Reliance Nippon Life Insurance Plans. Read below to understand the plethora of advantages provided by the insurer.
Term Insurance plans provided by Reliance Nippon Life Insurance have affordable premium rates allowing customers to invest in the best insurance plans offering pure protection and financial security to you and your family.
With multiple plan categories offered by Reliance Nippon Life Insurance Plans, customers can avail a wide scope of coverage such as child plans, investment plans, retirement plans, and other such investment and protection plans.
Investment and savings plans offered by Reliance Nippon Life Insurance provide customers with the option to opt and pre-set fund allocation as per their requirements based on their life stage. These plans also allow insured individuals to avail liquidity through partial withdrawal of funds in case of emergencies.
| Name of the Riders | Benefits |
| Reliance Life Major Surgical Benefit Rider | Under this rider, the customers get coverage for the 33 different categories of surgeries, which include major surgeries such as open heart, kidney transplant, and lung transplant. |
| Reliance Life Critical Condition Rider | Under this rider, the customer gets a lumpsum payout if diagnosed with any critical illness among the 25 listed diseases. |
| Reliance Life Family Income Benefit Rider | This rider provides regular income to the policyholder until the rider's tenure if the policyholder is diagnosed with any critical illness or permanent disability that affects the policyholder's earning ability for more than 6 months. |
| Reliance Life Accidental Disability Rider | Under this rider, all the future premiums of term plans will be waived off if the policyholder has any disability due to an accident and can't earn for more than six months. |
Here is the list of documents required to buy Reliance Life Insurance Policy:
Photo ID Proof (either of one) - Passport, Aadhar card, PAN card, Driving license.
Reliance Nippon Life Insurance allows you to buy life insurance plans via two platforms. You can either buy the plan online from the official website of the company or through third-party intermediaries like agents, brokers, etc. Given below is a detailed explanation of both these types of buying processes.
Fill out the form given at the top of this page with the necessary details.
Select your income and city. Click on 'Proceed'.
Update your education and occupation details.
Choose your preferred plan and click on 'Buy this plan'.
Select the policy term, premium period, and riders (if required), and then proceed to make the payment. Once the payment is made, you will get a payment confirmation at your registered email address.
Visit the Reliance Nippon Life Insurance Company's official website and scroll down to the end of the page.
Click on the "Buy Online" tab under Popular Links.
Click on the tab 'Know More' under Reliance Nippon Life Digi-term Insurance plan.
Click on the tab 'Calculate' at the top right corner of the page.
Fill in the required details, and click on the tab 'Calculate'. Once the payment is made, you will get a payment confirmation at your registered email address.
Every claimant/nominee is assigned a dedicated Claims Relationship Officer who helps through the entire process. The life insurance claim Settlement process at Bandhan Life Insurance involves the following three steps:
Inform the company about the incident via various channels-either by writing an email to Reliance Nippon Life at claims@Reliancenippon.com, calling the toll-free number (1800-103-7766), filling out the online claim form on its website, or visiting the nearest branch. A claim reference number/intimation number will be provided to you upon successful registration of the claim.
You have to submit the necessary documents requested by the insurer to process the claim.
In case of natural death: death claim form, death certificate, original policy documents, claimant's identity & residence proof, medical records, and account details of the nominee.
In case of an accidental death: The same documents with two additional ones: FIR and post-mortem report.
After receiving all the documents and claim forms, the insurer will verify the details as per their norms. If they require any additional details they will contact you via call or email. On successful completion, the claim will be settled and the amount will be transferred to the nominee's bank account and the same will be communicated to him/her over a call or an email.
Reliance Life insurance policy claim settlement procedure can be reported by visiting the local Reliance Nippon Life Branch Office. For the details of Reliance Nippon Life Insurance branches, you can visit their website and locate the nearest branch. You have to submit the essential documents at the branch so that your claim can be processed.
If you have any more queries regarding Reliance Nippon Life Insurance Plans,
Renewals, or Claim Procedures, contact our insurance experts at:
1800-4200-269 now!
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I am a passionate content writer with over three years of experience in the insurance domain. An avid learner, I always tries stays ahead of the industry's trends, ensuring my writing remains fresh and includes the latest insurance shifts. Through my work, I strive to engage with targeted insurance readers.
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