Reliance Nippon launches new plan

Reliance Nippon Life Insurance Company Limited has announced the launch of Nishchit Samrudhi, a non-linked, non-participating, individual, savings life insurance plan that offers ‘tax free, guaranteed returns’. This plan, suitable for multiple life stage solutions from child birth to retirement, offers customers the flexibility to invest with a choice between two options – Income option and Endowment option, according to a press note.

Commenting on the launch of this product, Ashish Vohra, ED and CEO, ‘this product provides tax free and fully guaranteed benefits, necessary to meet long term goals of salaried, self-employed as well as businesspersons.’

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