Top
Begin typing your search above and press return to search.
keyboard_arrow_down
Login
exit_to_app
Women and girls need to be safe
access_time 2021-01-15T15:08:45+05:30
Another Trump impeachment
access_time 2021-01-15T11:16:29+05:30
Covid 19 spread
access_time 2021-01-14T15:40:30+05:30
Freezing the Centre or the farmer protest?
access_time 2021-01-14T12:55:08+05:30
DEEP READAll arrow_drop_down
Anti-Conversion Law: A law meant for abuse
access_time 2021-01-12T13:56:35+05:30
Syed Shahriyaar
access_time 2021-01-05T19:08:46+05:30
Reading A week in the life of Svitlana
access_time 2020-12-23T12:06:42+05:30
Hum Dekhenge- One year of Anti-CAA protests
access_time 2020-12-22T17:35:06+05:30
The French Fanatic and the Fanatic Fringe
access_time 2020-11-02T15:56:00+05:30
exit_to_app
Homechevron_rightBusinesschevron_rightReliance Life ties up...

Reliance Life ties up with insurance repositories

text_fields
bookmark_border
Reliance Life ties up with insurance repositories
cancel

Thiruvananthapuram: Reliance Life Insurance Company (RLIC) Wednesday announced their tie up with all five designated insurance repositories to provide life insurance policies in electronic form across all its products.

The Insurance Regulatory and Development Authority (IRDA) has approved five companies -- Database Management Ltd., Central Insurance Repository Ltd, SHCIL (Stock Holding Corporation of India Ltd) Projects Ltd, CAMS Repository Services Ltd, and Karvy Insurance Ltd -- as insurance repositories (IR).

Reliance Life Insurance has tied up with all these insurance repositories to enable and encourage policy holders to keep their policies in Demat form.

The company is one of the first few private insurers to offer this facility to its customers, it said in a statement.

This green initiative will facilitate customers to buy and monitor multiple life insurance policies in a single Demat account.

Reliance Life Insurance Company Ltd, associate of Reliance Capital Ltd, is one of India's top private sector life insurance company with renewal premium of over Rs.4,015 crore for the year ended March 31, 2013.

The company has sold over 7.5 lakh policies during this financial year and has an asset under management of more than Rs.18,189 crore (as on March 31, 2013).

Show Full Article
TAGS:
Next Story