Reliance Life Insurance has set its eyes on the mass market segment. The company will launch the Reliance Super InvestAssure Plan (RSIP), a Ulip with minimum premium as low as Rs 5000, next week.
The plan offers guarantee contributions in case the customers remain invested for at least 10 years. They are targeting the mass-market as the product has a minimum lower premium. The plan is not ideal for high networth individuals.
Source: Insure magic
Tuesday, June 17, 2008
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