Reliance Life Insurance Company (RLIC) has launched a new healthcare plan for individuals. Anup Rau, Chief Executive Officer, RLIC, announced the launch of Reliance Life Easy Care Fixed Benefit Plan, which is designed to cover two major components of health expenses — hospitalisation and surgery. It also gives the option of paying single premium upfront for the entire policy period of five years, RLIC said in a statement. This is seen as a key differentiator in the domestic health insurance market.

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