Reliance Life Insurance brings new Limited Endowment insurance service; company to provide insurance coverage with insurance amount as low as 50 thousand

Reliance Life Insurance has launched its new Limited Endowment insurance scheme to provide reliable insurance coverage for a limited period of time.

Under this scheme, a nominee of the insured person will receive the insurance claim of up to 225% of the insurance amount as well as the total acquired bonus so far with the death of the insured person.

The life insurance company has set a minimum insurance amount at Rs 50 thousand and the maximum amount will be set as per the company’s policy. People who are between 16 and 65 years can get insured under this scheme and the time of insurance has been set between 10 and 25 years.

Customers can also avail of other accidental death and permanent disability-related insurance coverage by paying a nominal premium along with this Limited Endowment scheme, as per the media statement.