Skip to main content

Reliance General Insurance

 

Reliance General Insurance Co Ltd

Reliance General Insurance is private general insurance company of India. It offers different category of products like Motor insurance, Travel insurance, Health insurance, Home insurance and Student travel insurance. Most of the products are also available online. With the help of Reliance automated policy production and billing, it helps in faster claim settlements.

Products offered by Reliance General Insurance Company:
  1. Motor Insurance:- Reliance motor insurance offers two-wheelers and car insurance. Reliance car insurance covers accidents, theft, natural calamities and personal accident. As per the Motor Vehicle Act, third party liability is compulsory and Reliance car insurance covers liability for property damage, injury and death. Some of the key features of car insurance are: you can buy online policy, cashless facility over 2100 network garages, online renewal of policy and no claim discounts. Like the car insurance, two-wheelers policy also covers accidents, theft, natural calamities, personal accident and third party liability cover.

  2. Health Insurance:- Health insurance generally covers the hospitalization expenses. Health policy comes with two options of individual and family floater policy. Individual Health policy generally covers each individual separately and family floater policy covers group of members in one policy with one sum assured. Some of the key features of Reliance health policy are no room rent sub limits, no co-payments, no claim bonus, pre-existing diseases get covered after 4 claim free years and no loading in premiums because of claim. ICICI Pru also provides for critical illness plan which covers major disease like heart attack, kidney failure, stroke and cancer etc. Health insurance is yearly contract with the insurance company, so every year sum assured get renewed after the payments of renewal premiums, but in case of critical illness, policy gets stopped after happening of any of the mentioned critical illness. Policyholder receives lump sum amount on happening of the mentioned critical illness.

  3. Travel Insurance:- Travel Insurance come into picture whenever we are traveling to foreign countries. Travel insurance covers policyholder against loss of luggage, passport or other belongings, Flight delays, accidents and theft. This insurance is also compulsory when you travel abroad. Whenever any person plans to visit abroad he should take one. If a person is planning to take more than one trip in a year then Reliance comes with Annual Multi Trip Travel Insurance and separate policy for senior citizens who cover the unexpected illness and accidents with medical and non medical expenses.

  4. Student Travel Insurance:- Like the normal travel Insurance policy, such types of policies are available for students who are studying abroad. Student policies are available as per the university requirements. Student policy tenure available as per the course duration is upto 2 years. Student policy also covers personal accident, loss of passport, loss of checked baggage, bail bond and study interruption.

  5. Home Insurance:- Home Insurance covers if any damage happens to essential things from fire, lightning , earthquake, storm, flood and inundation. Comprehensive Home insurance covers the building and the content of the house. Home insurance comes with some exclusions like willful destruction of property, damage by war, pollution, contamination and loss of cash.

Best Tax Saver Mutual Funds or ELSS Mutual Funds for 2015

1. BNP Paribas Long Term Equity Fund

2. Axis Tax Saver Fund

3. IDFC Tax Advantage (ELSS) Fund

4. ICICI Prudential Long Term Equity Fund

5. Religare Tax Plan

6. Franklin India TaxShield

7. DSP BlackRock Tax Saver Fund

8. Birla Sun Life Tax Relief 96

9. Reliance Tax Saver (ELSS) Fund

10. HDFC TaxSaver

Invest Rs 1,50,000 and Save Tax under Section 80C. Get Good Returns by Investing in ELSS Mutual Funds Online

Invest in Tax Saver Mutual Funds Online

Invest Online

Download Application Forms

For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call

---------------------------------------------

Leave your comment with mail ID and we will answer them

OR

You can write to us at

PrajnaCapital [at] Gmail [dot] Com

OR

Leave a missed Call on 94 8300 8300

Popular posts from this blog

Birla SunLife Manufacturing Equity Fund

The Make in India program was launched by Prime Minister Naredra Modi in September 2014 as part of a wider set of nation-building initiatives. It was devised to transform India into a global design and manufacturing hub. The primary motive of the campaign is to encourage multinational as well domestic companies to manufacture their products in India. This would create more job opportunities, bring high-quality standards and attract capital along with technological investment to bring more foreign direct investment (FDI) in the country.   Why India as the next manufacturing destination?   The rising demand in India along with the multinational's desire to diversify their production to include low-cost plants in countries other than China, can help India's manufacturing sector to grow and create millions of jobs. In the words of our Honourable Prime Minister- Mr. Narendra Modi, India offers the 3 'Ds' for business to thrive— democracy,...
Read more

Total Returns Index brings out real Equity Funds Performers

From February, equity mutual funds have to change their benchmarks to account for dividend payments. Until now, funds used price-based benchmarks alone. TRI or total return indices assume that dividend payouts are reinvested back into the index. What this does is lift the overall index returns, because dividends get compounded. For example, the Sensex TRI index will consider dividend payouts of its constituent companies while the Nifty50 TRI index will consider dividends of its constituents. Using TRI indices as benchmarks comes on the argument that an equity funds earn dividends on the stocks in its portfolio, which they use to buy more stocks. Therefore, using an index that also considers dividend reinvestment would be a more appropriate benchmark. Shrinking outperformance With a stiffer benchmark, it is obvious that the margin by which an equity fund outperforms the benchmark would shrink. Rolling one-year returns from 2013 onwards, the average margin by which largecap funds out...
Read more

Kisan Vikas Patra - KVP

  Kisan Vikas Patra (KVP) First launched in 1988, the Kisan Vikas Patra (KVP) is one of the premier and popular saving scheme offering from the Indian Postal Department. This product has had a very chequered history- initially successful, deemed a product that could be misused and thus terminated in 2011, followed by a triumphant return to prominence and popular consumption in 2014. The salient features of KVP are as follows- The grand USP- Money invested by the applicant doubles in 100 months (8 years, 4 months). KVPs are available in the following denominations- Rs.1000, Rs.5000, Rs.10,000 and Rs.50,000. The minimum purchase value for the KVP is Rs.1000. There is no maximum limit. KVPs are available at all departmental post offices across India. These certificates can be prematurely encashed after 2 ½ years from the point of issue. KVPs can be transferred from one individual to another and from one post office to another. ----------------------------------------------------- Inve...
Read more

Mutual Fund Review: Reliance Regular Savings Equity

    Despite high churn, Reliance Regular Savings Equity has managed to fetch good returns   In its short history, this one has made its mark. Though its annual and trailing returns are amazing, the fund started off on a lousy note (last two quarters of 2005). It managed to impress in 2006 and was turning out to be pretty average in 2007, till Omprakash Kuckian took over in November 2007 and wasted no time in changing the complexion of the portfolio. Exposure to Construction shot up to 28 per cent with almost 21 per cent cornered by Pratibha Industries and Madhucon Projects . Exposure to Engineering was yanked up (18.50%) while Financial Services lost its prime slot (dropped to 6.69%) and Auto was dumped. That quarter (December 2007), he delivered 54.66 per cent (category average: 25.70%).   When the market collapsed in 2008, thankfully the fund did not plummet abysmally. But even its high cash allocations could not cushion the fall which hovered around the category average. ...
Read more

Health for Wealth - How to buy Health Insurance ?

Tax Saving Mutual Funds Online Current open Infra Bond Application form   HEALTH insurance is a relatively new phenomenon in India. Hence, it is not on the top of the mind for most people to make a conscious commitment towards health insurance. However, it is imperative for each one of us to plan for better health for our families and ourselves. There's no better way than to start with making health your top priority this year. So, your health insurance resolution charter would look something like: ■ Invest in health for wealth: Timely investment in health insurance can help build a security net and hedge sudden dilution of another financial asset class in the event of a health emergency, making it imperative to opt for a comprehensive health insurance plan. ■ Buy a comprehensive health cover that fu lfills your health needs for life: Buy a personal health insurance cover even if you have an employee cover because 'employer provided' health insuranc...
Read more
Related Posts Plugin for WordPress, Blogger...
Invest in Tax Saving Mutual Funds Download Any Applications
Transact Mutual Funds Online Invest Online
Buy Gold Mutual Funds Invest Now