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