Changed Reliance Report Semi Final

8/9/2019 Changed Reliance Report Semi Final

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RECRUITMENT OF ADVISORS

AND SALES OF FINANCIALPRODUCTS THROUGH THEM ANDCOLLECTION OF DESIRABLEPREMIUM.

SUBMITTED BY:

SHIV GOPAL SINGH

ROLL NO.-108354

SECTION- A3

MERI


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CONTENTS

ACKNOWLEDGEMNT

PREFACE

EXECUTIVE SUMMARY

INTRODUCTION TO THE INDUSTRY

INTRODUCTION TO THE COMPANY


SALES AND DISCRIPTION OF THE FINANCIAL PRODUCT

RECOMMENDATIONS

CHALLENGES IN LIFE INSURANCE SECTOR

BIBLIOGRAPHY


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TO WHOM IT MAY CONCERN

This is to certify that Mr. SHIV GOPAL SINGH of MANAGEMENT

EDUCATION AND RESEARCH INSTITUTE , Delhi (PGDM in

Marketing 2008-10 Batch) has completed his on-the-job two months

summer training in Reliance Life Insurance Company Limited, Delhi

from 2nd May 2008 to 30th June 2008, in connection to his course

curriculum.

Mr. SHIV GOPAL SINGH was briefed about the work of recruiting

ten financial advisors and getting policies for the company up to

Rupees. 1 lakhs. He achieved the target and has proved his skills as a

sales manager that was assigned to him as his project profile and we

admire his talent.

We put on record and appreciate the excellent conceptual abilities and

communication skills of Mr. SHIV GOPAL SINGH and wish him all

the very best for a bright and promising career.
http://www.reliancelife.com/


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ACKNOWLEDGEMENT

First of all I would like to thank the Management at Reliance Life

Insurance co. for giving me the opportunity to do my two-monthproject training in their esteemed organization. I am highly obliged to

Mr. ASHWANI MISHRA (SALES MANAGER) for granting me to

undertake my training at Delhi branch .

I express my thanks to all Sales Managers under whose able guidance

and direction specially Mr. ASHWANI MISHRA (SALES

MANAGER) who was my mentor and helped me a lot, through whichI was able to give shape to my training. Their constant review and

excellent suggestions throughout the project are highly commendable.

My heartfelt thanks go to all the executives who helped me gain

knowledge about the actual working and the processes involved in

various departments.

Thanking you Shiv Gopal Singh


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PREFACE

The liberalization of the Indian insurance sector has been the subject of much

heated debate for some years. The policy makers where in the catch 22 situation

wherein for one they wanted competition, development and growth of this

insurance sector which is extremely essential for channeling the investments in to

the infrastructure sector. At the other end the policy makers had the fears that the

insurance premium, which are substantial, would seep out of the country; and

wanted to have a cautious approach of opening for foreign participation in the

sector.

As one of the rare occurrences the entire debate was put on the back burner and the

IRDA saw the day of the light thanks to the maturing polity emerging consensus

among factions of different political parties. Though some changes and some

restrictive clauses as regards to the foreign participation were included the IRDA

has opened the doors for the private entry into insurance.

Whether the insurer is old or new, private or public, expanding the market will

present multitude of challenges and opportunities. But the key issues, possibletrends, opportunities and challenges that insurance sector will have still remains

under the realms of the possibilities and speculation. What is the likely impact of

opening up Indias insurance sector?

The large scale of operations, public sector bureaucracies and cumbersome

procedures hampers nationalized insurers. Therefore, potential private entrants

expect to score in the areas of customer service, speed and flexibility. They point

out that their entry will mean better products and choice for the consumer. The

critics counter that the benefit will be slim, because new players will concentrate

on affluent, urban customers as foreign banks did until recently. This seems to be

a logical strategy. Start-up costs-such as those of setting up a conventional

distribution network-are large and high-end niches offer better returns. However,

the middle-market segment too has great potential. Since insurance is a volumes

game. Therefore, private insurers would be best served by a middle-market

approach, targeting customer segments that are currently untapped


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EXECUTIVE SUMMARYIn todays corporate and competitive world, I find that insurance

sector has the maximum growth and potential as compared to the

other sectors. Insurance has the maximum growth rate of 70-80%

while as FMCG sector has maximum 12-15% of growth rate. This

growth potential attracts me to enter in this sector and RELIANCE

LIFE INSURANCE has given me the opportunity to work and get

experience in highly competitive and enhancing sector.

The success story of good market share of different market

organizations depends upon the availability of the product and

services near to the customer, which can be distributed through

a distribution channel. In Insurance sector, distribution channel

includes only agents or agency holders of the company. If a

company like RELIANCE LIFE INSURANCE, TATA AIG,

MAX etc have adequate agents in the market they can capture

big market as compared to the other companies.

Agents are the only way for a company of Insurance sector

through which policies and benefits of the company can be

explained to the customer .


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INTRODUCTION TO THE INDUSTRY

Insurance, in law and economics, is a form ofrisk management primarily used to hedge againstthe riskof a contingent loss. Insurance is defined as the equitable transfer of the risk of a loss,from one entity to another, in exchange for a premium, and can be thought of as a guaranteed

small loss to prevent a large, possibly devastating loss. An insurer is a company selling theinsurance; an insured or policyholder is the person or entity buying the insurance. Theinsurance rate is a factor used to determine the amount to be charged for a certain amount ofinsurance coverage, called the premium. Risk management, the practice of appraising andcontrolling risk, has evolved as a discrete field of study and practice.

Insurance companies may be classified into two groups:

Life insurance companies, which sell life insurance, annuities and pensions products. Non-life, General, or Property/Casualty insurance companies, which sell other types of

insurance.

Reinsurance companies are insurance companies that sell policies to other insurancecompanies, allowing them to reduce their risks and protect themselves from very large losses.The reinsurance market is dominated by a few very large companies, with huge reserves. Areinsurer may also be a direct writer of insurance risks as well.

NEED OF LIFE INSURANCE

.The functions of Insurance can be bifurcated into two parts:1. Primary Functions

2. Secondary Functions

3. Other Functions

THE PRIMARY FUNCTIONS OF INSURANCE INCLUDE THE

FOLLOWING:-

Provide Protection - The primary function of insurance is to provide protection against

future risk, accidents and uncertainty. Insurance cannot check the happening of the risk, but

can certainly provide for the losses of risk. Insurance is actually a protection against economic

loss, by sharing the risk with others.

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http://en.wikipedia.org/wiki/Lawhttp://en.wikipedia.org/wiki/Economicshttp://en.wikipedia.org/wiki/Risk_managementhttp://en.wikipedia.org/wiki/Hedge_(finance)http://en.wikipedia.org/wiki/Riskhttp://en.wikipedia.org/wiki/Risk_managementhttp://en.wikipedia.org/wiki/Decision_modelhttp://en.wikipedia.org/wiki/Reinsurancehttp://en.wikipedia.org/wiki/Reinsurancehttp://en.wikipedia.org/wiki/Lawhttp://en.wikipedia.org/wiki/Economicshttp://en.wikipedia.org/wiki/Risk_managementhttp://en.wikipedia.org/wiki/Hedge_(finance)http://en.wikipedia.org/wiki/Riskhttp://en.wikipedia.org/wiki/Risk_managementhttp://en.wikipedia.org/wiki/Decision_modelhttp://en.wikipedia.org/wiki/Reinsurance


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Collective bearing of risk- Insurance is a device to share the financial loss of few among

many others. Insurance is a mean by which few losses are shared among larger number of

people. All the insured contribute the premiums towards a fund and out of which the persons

exposed to a particular risk is paid.

Assessment of risk- Insurance determines the probable volume of risk by evaluating

various factors that give rise to risk. Risk is the basis for determining the premium rate also

Provide Certainty - Insurance is a device, which helps to change from uncertainty to

certainty. Insurance is device whereby the uncertain risks may be made more certain.

THE SECONDARY FUNCTIONS OF INSURANCE INCLUDE

THE FOLLOWING:-

Prevention of Losses - Insurance cautions individuals and businessmen to adopt suitable

device to prevent unfortunate consequences of risk by observing safety instructions;installation

of automatic sparkler or alarm systems, etc. Prevention of losses cause lesser payment to the

assured by the insurer and this will encourage for more savings by way of premium.Reduced rate of premiums stimulate for more business and better protection to the insured.

Small capital to cover larger risks - Insurance relieves the businessmen from security

investments, by paying small amount of premium against larger risks and uncertainty.

Contributes towards the development of larger industries

Insurance provides development opportunity to those larger industries having more risks intheir setting up. Even the financial institutions may be prepared to give credit to sick industrial

units which have insured their assets including plant and machinery.

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The other functions of insurance include the following:

Means of savings and investment - Insurance serves as savings and investment,

insurance is a compulsory way of savings and it restricts the unnecessary expenses by theinsured's For the purpose of availing income-tax exemptions also, people invest in insurance.

Source of earning foreign exchange - Insurance is an international business. The

country can earn foreign exchange by way of issue of marine insurance policies and various

other ways.

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THE HISTORY OF INDIAN INSURANCE INDUSTRY

Life InsuranceIn 1818 the British established the first insurance company in India in Calcutta, the Oriental

Life Insurance Company. First attempts at regulation of the industry were made with the

introduction of the Indian Life Assurance Companies Act in 1912. A number of amendments

to this Act were made until the Insurance Act was drawn up in 1938. Noteworthy features in

the Act were the power given to the Government to collect statistical information about the

insured and the high level of protection the Act gave to the public through regulation and

control. When the Act was changed in 1950, this meant far reaching changes in the industry.The extra requirements included a statutory requirement of a certain level of equity capital, a

ceiling on share holdings in such companies to prevent dominant control (to protect the public

from any adversarial policies from one single party), stricter control on investments and,

generally, much tighter control. In 1956, the market contained 154 Indian and 16 foreign life

insurance companies. Business was heavily concentrated in urban areas and targeted the higher

echelons of society. Unethical practices adopted by some of the players against the interests

of the consumers then led the Indian government to nationalize the industry. In September

1956, nationalization was completed, merging all these companies into the so-called Life

Insurance Corporation (LIC). It was felt that nationalization has lent the industry fairness,

solidity, growth and reach.

Some of the important milestones in the life insurance business

in India are:

1912: The Indian Life Assurance Companies Act enacted as the first statute to regulate the life

insurance business.

1928: The Indian Insurance Companies Act enacted to enable the government to collect

Statistical information about both life and non-life insurance businesses.

1938: Earlier legislation consolidated and amended to by the Insurance Act with the

Objective of protecting the interests of the insuring public.

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1956: The market contained 154 Indian and 16 foreign life insurance companies.

1956 - 245 Indian and foreign insurers and provident societies taken over by the central

government and nationalized. LIC formed by an Act of Parliament, viz. LIC Act, 1956, with a

capital contribution of Rs. 5 crore from the Government of India.

The General insurance business in India, on the other hand, can trace its roots to the Triton

Insurance Company Ltd., the first general insurance company established in the year 1850 in

Calcutta by the British.

Some of the important milestones in the general insurance

business in India are:

1907 - The Indian Mercantile Insurance Ltd. set up, the first company to transact all classes of

general insurance business.

1957 - General Insurance Council, a wing of the Insurance Association of India, frames a code

of conduct for ensuring fair conduct and sound business practices.

1968 - The Insurance Act amended to regulate investments and set minimum solvency margins

and the Tariff Advisory Committee set up.

1972 - The General Insurance Business (Nationalization) Act, 1972 nationalized the general

insurance business in India with effect from 1st January 1973.

107 insurers amalgamated and grouped into four companies viz. the

National Insurance Company Ltd., the New India Assurance Company Ltd.,

the Oriental Insurance Company Ltd. and the United India Insurance

Company Ltd. GIC incorporated as a company.

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INSURANCE SECTOR IN INDIA

SIZE

Insurance is a US$41-billion industry in India, and grew by 36% in 2006-07 over theprevious year

o Life Insurance - US$35 billion industry with US$24 billion accounting for First

Year Premium (inclusive of Single Premium)o Non-Life Insurance - US$5.6-billion industry; motor and health segments

account for 56% of total business

STRUCTURE

Indian Insurance market was opened to private and foreign investment in 1999-2000 The Indian Insurance industry consists of a total of 34 players

o Life: 1 public sector player; 16 private players

o Non-life: 6 public sector players; 11 private players

Major international players like AIG, Aviva, MetLife, New York Life, Prudential,Allianz, Sun Life, Standard Life and Lombard are already present with minority stakesin joint ventures with Indian companies for both Life and Non-life segments

The Life Insurance market is still dominated by Life Insurance Corporation (LIC) - a

public sector company which had 75% share of first year premium in 2006-07 In non-life, private sector companies (almost all are joint ventures with foreign

insurers) accounted for 34% of the market in 2006-07

POLICY

FDI up to 26% is permitted under the automatic route subject to obtaining a licensefrom the Insurance Regulatory and Development Authority (IRDA)

o Intention to increase FDI up to 49%

Insurance Regulatory Development Authority (IRDA) is the regulator for the Insuranceindustry

In a landmark move the government detariffed the General Insurance business on 1stJanuary, 2007

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MAJOR PLAYERSMAJOR PLAYERS

Insurance industry in India comprised mainly of only two state insurers namely :-

Life Insurers:

Life Insurance Corporation of India (LIC)

General Insurers:

General Insurance Corporation of India (GIC) (with effect from Dec'2000, a NationalReinsurer)

GIC had four subsidary companies, namely ( with effect from Dec'2000, these subsidaries havebeen de-linked from the parent company and made as independent insurance companies.

1. The Oriental Insurance Company Limited2. The New India Assurance Company Limited3. National Insurance Company Limited4. United India Insurance Company Limited.

Yr: 2000-2001 : ( From 2nd April '2000 to 31st December'2001)

Insurance Industry in the year 2000-2001 had 16 new entrants, namely:

Life Insurers:

S.No. RegistrationNumber

Date ofReg.

Name of the Company

1 101 23.10.2000 HDFC Standard Life Insurance Company Ltd.

2 104 15.11.2000 Max New York Life Insurance Co. Ltd.

3 105 24.11.2000 ICICI Prudential Life Insurance Company Ltd.

4 107 10.01.2001 Kotak Mahindra Old Mutual Life Insurance Limited

5 109 31.01.2001 Birla Sun Life Insurance Company Ltd.

6 110 12.02.2001 Tata AIG Life Insurance Company Ltd.

7 111 30.03.2001 SBI Life Insurance Company Limited .

8 114 02.08.2001 ING Vysya Life Insurance Company Private Limited

9 116 03.08.2001 Bajaj Allianz Life Insurance Company Limited

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http://www.licindia.com/http://gicofindia.in/http://www.orientalinsurance.nic.in/http://www.newindia.co.in/http://www.nationalinsuranceindia.com/http://www.uiic.co.in/http://www.hdfcinsurance.com/http://www.maxnewyorklife.com/http://www.iciciprulife.com/http://www.omkotakmahindra.com/http://www.birlasunlife.com/http://www.tata-aig-life.com/http://www.sbilife.co.in/http://www.ingvysyalife.com/http://www.allianzbajaj.co.in/http://www.licindia.com/http://gicofindia.in/http://www.orientalinsurance.nic.in/http://www.newindia.co.in/http://www.nationalinsuranceindia.com/http://www.uiic.co.in/http://www.hdfcinsurance.com/http://www.maxnewyorklife.com/http://www.iciciprulife.com/http://www.omkotakmahindra.com/http://www.birlasunlife.com/http://www.tata-aig-life.com/http://www.sbilife.co.in/http://www.ingvysyalife.com/http://www.allianzbajaj.co.in/


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10 117 06.08.2001 Metlife India Insurance Company Ltd.

11 133 04.09.2007 Future Generali India Life Insurance Company Limited

12 135 19.12.2007 IDBI Fortis Life Insurance Company Ltd.

General Insurers :

S.No. Registration

Number

Date of

Registration

Name of the Company

1 102 23.10.2000 Royal Sundaram Alliance InsuranceCompany Limited

2 103 23.10.2000 Reliance General Insurance CompanyLimited.

3 106 04.12.2000 IFFCO Tokio General Insurance Co. Ltd

4 108 22.01.2001 TATA AIG General Insurance CompanyLtd.

5 113 02.05.2001 Bajaj Allianz General Insurance CompanyLimited

6 115 03.08.2001 ICICI Lombard General InsuranceCompany Limited.

7 131 03-08-2007 Apollo DKV Insurance Company Limited

8 132 04-09-2007 Future Generali India Insurance Company

Limited

9 134 16-11-2007 Universal Sompo General InsuranceCompany Ltd.

Yr: 2001-2002 : ( From 1st Jan 2001 to Dec. 2002)

Insurance Industry in this year, so far has 5new entrants; namely

Life Insurers:

S.No. Registration

Number

Date of

Reg.

Name of the Company

1 121 03.01.2002 Reliance Life Insurance Company Limited.

2 122 14.05.2002 Aviva Life Insurance Co. India Pvt. Ltd.

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http://www.metlife.co.in/http://www.fg-life.in/http://www.idbifortis.com/http://www.irdaindia.org/www.royalsundaram.comhttp://www.irdaindia.org/www.royalsundaram.comhttp://www.reliancegeneral.co.in/http://www.reliancegeneral.co.in/http://www.itgi.co.in/http://www.irdaindia.org/www.tata-aiggeneral.comhttp://www.irdaindia.org/www.tata-aiggeneral.comhttp://www.bajajallianz.co.in/http://www.bajajallianz.co.in/http://www.icicilombard.com/http://www.icicilombard.com/http://www.apollodkv.co.in/http://www.irdaindia.org/www.fg-general.inhttp://www.irdaindia.org/www.fg-general.inhttp://www.universalsompo.com/http://www.universalsompo.com/http://www.reliancelife.com/http://www.avivaindia.com/http://www.metlife.co.in/http://www.fg-life.in/http://www.idbifortis.com/http://www.irdaindia.org/www.royalsundaram.comhttp://www.irdaindia.org/www.royalsundaram.comhttp://www.reliancegeneral.co.in/http://www.reliancegeneral.co.in/http://www.itgi.co.in/http://www.irdaindia.org/www.tata-aiggeneral.comhttp://www.irdaindia.org/www.tata-aiggeneral.comhttp://www.bajajallianz.co.in/http://www.bajajallianz.co.in/http://www.icicilombard.com/http://www.icicilombard.com/http://www.apollodkv.co.in/http://www.irdaindia.org/www.fg-general.inhttp://www.irdaindia.org/www.fg-general.inhttp://www.universalsompo.com/http://www.universalsompo.com/http://www.reliancelife.com/http://www.avivaindia.com/


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General Insurers :

S.No. Registration

Number

Date of

Registration

Name of the Company

1 123 15.07.2002 Cholamandalam General InsuranceCompany Ltd.

2. 124 27.08.2002 Export Credit Guarantee Corporation Ltd.

3. 125 27.08.2002 HDFC-Chubb General Insurance Co. Ltd.

Yr: 2003-2004 : ( From 1st Jan 2003 till Date)


Life Insurers:

S.No. RegistrationNumber Date ofReg. Name of the Company

1 127 06.02.2004 Sahara India Insurance Company Ltd.

Yr: 2004-2005 :


Life Insurers:

S.No. Registration

Number

Date of

Reg.

Name of the Company

1 128 17.11.2005 Shriram Life Insurance Company Ltd.

Yr: 2006-2007 :

Insurance Industry in this year, had 1new entrants; namely

Life Insurers:

S.No. Registration

Number

Date of

Reg.

Name of the Company

1 130 14.07.2006 Bharti AXA Life Insurance Company Ltd.

Yr: 2007-2008 :

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http://www.cholainsurance.com/http://www.cholainsurance.com/http://www.irdaindia.org/http;/www.ecgcindia.comhttp://www.hdfcchubbindia.com/http://www.saharalife.com/http://www.shriramlife.com/http://www.bharti-axalife.com/http://www.cholainsurance.com/http://www.cholainsurance.com/http://www.irdaindia.org/http;/www.ecgcindia.comhttp://www.hdfcchubbindia.com/http://www.saharalife.com/http://www.shriramlife.com/http://www.bharti-axalife.com/


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Insurance Industry in this year, had 2 new entrants; namely

S.No. Registration

Number

Date of

Reg.

Name of the Company

1 133 04.09.2007 Future Generali India Life Insurance Company Limited

2 135 19.12.2007 IDBI Fortis Life Insurance Company Ltd.

Yr: 2008-2009 :

Insurance Industry in this year, so far has 3 new entrants in Life and 1 new entry in General ;namely

Life Insurers:

S.No. Registration

Number

Date of

Reg.

Name of the Company

1 136 08.05.2008 Canara HSBC Oriental Bank of Commerce Life Insurance Company Ltd.

2 138 27.06.2008 Aegon Religare Life Insurance Company Ltd.

3 140 27.06.2008 DLF Pramerica Life Insurance Company Ltd.

4 142 Star Union Dai-ichi Life Insurance Co. Ltd.,

General Insurers:

S.No. Registration

Number

Date of

Reg.

Name of the Company

1 139 27.06.2008 Bharti Axa General Insurance Company Ltd.

2 141 15.12.2008 Raheja QBE General Insurance Co. Ltd

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http://www.irdaindia.org/www.fg-life.inhttp://www.idbifortis.com/http://www.canarahsbclife.com/http://www.aegonreligare.com/http://www.dlfpramericalife.com/http://www.irdaindia.org/www.bharti-axagi.co.inhttp://www.irdaindia.org/www.fg-life.inhttp://www.idbifortis.com/http://www.canarahsbclife.com/http://www.aegonreligare.com/http://www.dlfpramericalife.com/http://www.irdaindia.org/www.bharti-axagi.co.in


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Life Insurance Corporation of India (LIC)

Life Insurance Corporation of India (LIC) was established on 1 September 1956 to spread the

message of life insurance in the country and mobilise peoples savings for nation-building

activities. LIC with its central office in Mumbai and seven zonal offices at Mumbai, Calcutta,

Delhi, Chennai, Hyderabad, Kanpur and Bhopal, operates through 100 divisional offices in

important cities and 2,048 branch offices. LIC has 5.59 lakh active agents spread over the

country.

The Corporation also transacts business abroad and has offices in Fiji, Mauritius and United

Kingdom. LIC is associated with joint ventures abroad in the field of insurance, namely, Ken-

India Assurance Company Limited, Nairobi; United Oriental Assurance Company Limited,

Kuala Lumpur; and Life Insurance Corporation (International), E.C. Bahrain. It has also

entered into an agreement with the Sun Life (UK) for marketing unit linked life insurance and

pension policies in U.K.

In 1995-96, LIC had a total income from premium and investments of $ 5 Billion while GIC

recorded a net premium of $ 1.3 Billion. During the last 15 years, LIC's income grew at a

healthy average of 10 per cent as against the industry's 6.7 per cent growth in the rest of Asia

(3.4 per cent in Europe, 1.4 per cent in the US).

LIC has even provided insurance cover to five million people living below the poverty line,

with 50 per cent subsidy in the premium rates. LIC's claims settlement ratio at 95 per cent and

GIC's at 74 per cent are higher than that of global average of 40 per cent. Compounded annual

growth rate for Life insurance business has been 19.22 per cent per annum

IN ADDITION TO ABOVE STATE INSURERS THE FOLLOWING HAVE

BEEN PERMITTED TO ENTER INTO INSURANCE BUSINESS: -

The introduction of private players in the industry has added to the colors in the dull industry.

The initiatives taken by the private players are very competitive and have given immense

competition to the on time monopoly of the market LIC. Since the advent of the private players

in the market the industry has seen new and innovative steps taken by the players in this sector.

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The new players have improved the service quality of the insurance. As a result LIC down the

years have seen the declining phase in its career. The market share was distributed among the

private players. Though LIC still holds the 75% of the insurance sector but the upcoming

natures of these private players are enough to give more competition to LIC in the near future.

LIC market share has decreased from 95% (2002-03) to 70 %( 2007-08)

1. HDFC Standard Life Insurance Company Ltd.

HDFC Standard Life Insurance Company Ltd. is one of Indias leading private life insurance

companies, which offers a range of individual and group insurance solutions. It is a joint

venture between Housing Development Finance Corporation Limited (HDFC Ltd.), Indias

leading housing finance institution and The Standard Life Assurance Company, a leading

provider of financial services from the United Kingdom. Their cumulative premium income,

including the first year premiums and renewal premiums is Rs. 672.3 for the financial year,

Apr-Nov 2005. They have managed to cover over 11,00,000 individuals out of which over

3,40,000 lives have been covered through our group business tie-ups.

2. Max New York Life Insurance Co. Ltd.

Max New York Life Insurance Company Limited is a joint venture that brings together two

large forces - Max India Limited, a multi-business corporate, together with New York Life

International, a global expert in life insurance. With their various Products and Riders, there

are more than 400 product combinations to choose from. They have a national presence with a

network of 57 offices in 37 cities across India.

3. ICICI Prudential Life Insurance Company Ltd.

ICICI Prudential Life Insurance Company is a joint venture between ICICI Bank, a

premier financial powerhouse and Prudential plc, a leading international financial services

group headquartered in the United Kingdom. ICICI Prudential was amongst the first private

sector insurance companies to begin operations in December 2000 after receiving approval

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from Insurance Regulatory Development Authority (IRDA). The company has a network of

about 56,000 advisors; as well as 7 bancassurance and 150 corporate agent tie-ups.

4. Om Kotak Mahindra Life Insurance Co. Ltd.

Kotak Mahindra Old Mutual Life Insurance Ltd. is a joint venture between Kotak Mahindra

Bank Ltd. (KMBL), and Old Mutual plc.

5.Birla Sun Life Insurance Company Ltd.

Birla Sun Life Insurance Company is a joint venture between Aditya Birla Group and Sun Life

financial Services of Canada.

6.SBI Life Insurance

SBI Life Insurance is a joint venture between the State Bank of India and BNP Paribas

Assurance. SBI Life Insurance is registered with an authorized capital of Rs 2000 crores and a

Paid-up capital of Rs 1000 Crores. SBI owns 74% of the total capital and BNP Paribas

Assurance the remaining 26%.

State Bank of India enjoys the largest banking franchise in India. Along with its 7 Associate

Banks, SBI Group has the unrivalled strength of over 14,500 branches across the country,

arguably the largest in the world. BNP Paribas Assurance is the insurance arm of BNP Paribas

- Euro Zones leading Bank. BNP Paribas, part of the world's top 10 group of banks by market

value and part of Europe top 3 banking companies, is one of the oldest foreign banks with a

presence in India dating back to 1860. BNP Paribas Assurance is the forth largest life

insurance company in France, and a worldwide leader in Creditor insurance products offering

protection to over 50 million clients. BNP Paribas Assurance operates in 42 countries mainly

through the bancassurance and partnership model.

SBI Life extensively leverages the SBI Group as a platform for cross-selling insurance

products along with its numerous banking product packages such as housing loans and

personal loans. SBIs access to over 100 million accounts across the country provides a

vibrant base for insurance penetration across every region and economic strata in the country

ensuring true financial inclusion.

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7. Allianz Bajaj Life Insurance Company Ltd.

Bajaj Allianz Life Insurance Company Limited is a Union between Allianz SE, one of the

worlds largest Life Insurance companies and Bajaj Auto, one of the biggest 2- &- 3 wheelermanufacturers in the world.

Allianz SE is a leading insurance conglomerate globally and one of the largest asset managers

in the world, managing assets worth over a Trillion Euros (Over R. 55,00,000 crores). Allianz

SE has over 115 years of financial experience in over 70 countries.

Bajaj Auto is one of the most trusted name is Indian auto for over 55 years. At Bajaj Allianz

customer delight is our guiding principle. Ensuring world-class solutions by offering

customized products with transparent benefits, supported by best technology is our businessphilosophy.

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DATA ABOUT TOTAL REVENUE COLLECTIONS IN

2006-07 TO 2007-08

OTHER PLAYERS:

Tata AIG Life Insurance Company Ltd

ING Vysya Life Insurance Company Private Limited

Metlife India Insurance Company Pvt. Ltd.

AMP SANMAR Assurance Company Ltd.

Dabur CGU Life Insurance Company Pvt. Ltd.

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Marketing of Insurance In India

Insurance is in a manner of speaking the last frontier in the financial sector to open. It is also a

sector, which leads to benefits across the full spectrum, from the individual who now have

wider choices, to the economy, which see increased savings, to the infrastructure sector, which

can look forward to long term funding being available. In an under-insured economy, newer

channels of distribution have to be utilized to intensify the reach of insurance both in urban and

rural markets. This will create huge employment opportunities not only within insurance

companies but also as agents and consultants of insurance companies.

Marketing Mix Policies

Different companies can choose to position themselves differently and hence the Marketing

Mix is different. However, there are certain common characteristics that one can cull out from

the possible strategies that companies adopt.

Product:

The development of flexible products to suit individual requirements is what will differentiate

the winners from the also-rans. The key to success is in providing insurance solutions, not

standardized insurance products. The concept of riders/optional benefits has already been a

huge innovation brought about by the new players, which has led to customization of products

for individual needs. However, companies may differentiate themselves on the basis of productsegments that they choose to focus on and excel in.

Place:

Different companies may however choose different channels and different geographies to

focus on. The channel options are - tied agency force, corporate agents and brokers and this is

an area where different companies will make different choices. Many companies like HDFC

Standard Life are focusing on all channels whereas companies like Max New York Life are

focusing on the tied agency force only. Customer interface will be a key challenge for life

insurance companies and includes every that interaction that the customer has with the

company, such as sales, new business underwriting, policy servicing, premium payments,

claim processing and so on. Technology can play a crucial role in delivering the highest

standards of service set by the company and it will be imperative for any serious player to

excel in all of these.

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Price:

Price is a relevant differentiator only in two segments - pure term insurance and in pure

annuities. Here too, service delivery and financial strength will need to be present at a

minimum acceptable level for price to be a relevant differentiator. In case of savings oriented

products, long-term returns generated are more relevant than just the price of the product. Afocus on generating good investment performance and keeping a tight control on costs help in

generating good long-term maturity value for customers. Norms have been laid down on all of

these by IRDA and adhering to these while delivering good returns will be a challenge.

Promotion and Advertising:

The level of demand is latent and will have to be activated considerably. The market needs to

be developed. Greater awareness of insurance and the need to have it as a protection tool rather

than as a tax planning measure needs to be appreciated by the Indian people. Various

communication tools including advertising, direct marketing and road shows contribute to all

this and different companies take different approaches on these.

Process:

Cashless settlement: One of the most defining and customer-friendly changes that weve seen

in recent years relates to the way claims settlements are made. The advent of the third-party

administrator (TPA) regime has facilitated the transition to the hugely convenient era of

cashless settlement of health and auto insurance claims. TPAs are entities who process claims

on behalf of insurers: the IRDA licenses them after it is satisfied that they have the financial

strength, the trained manpower, the infrastructure and the skills to undertake this activity.

Likewise, with auto insurance, the TPA ties up with garages and authorized service centers for

cashless settlement of auto insurance claims.

Lower premiums: The spirit of competition and the broadening of the risk experience ofinsurance companies have contributed to a fall in premiums over the years. Thats because,

other things being equal, an insurer who covers the lives just of 10 people bears a higher risk

than an insurer who covers the lives of, say, 100 people. Further, a broader base will provide

greater efficiencies on costs such as distribution, management and claims. A broad basing of

the mortality experience, therefore, gives insurers the elbowroom to compete by lowering

premiums, and that trend is expected to continue.

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Premium payment flexibility: Insurers have imparted certain flexibility to premium

payment options in order to address this concern. For instance, one now have the option to pay

your premiums upfront, which is then carried forward for the tenure of the policy. The yearly

premiums are drawn from the initial corpus. Insurers have also introduced the concept of

automatic cover maintenance to protect your policy from lapsing owing to your omission to

pay your premium on time. Under this, in the event of your not paying the premium, the

insurer dips into your investment account to the extent of the premium. Of course, this comes

with an in-built drawback: your investment portion diminishes year on year to the extent of the

amount paid to cover your risk.

Physical Evidence:

This can play a significant role for marketing in the Indian scenario. Since Internet users are

comparatively lesser than countries such as US, the offline mode will be preferred in India.Although the distribution model is largely agent-based, wherever the customer is in contact

with the company, this factor can play a significant role in luring the customer.

People:

The most important factor that materializes sales and maintains customer relationships on a

long-term basis is this factor. No matter what distribution strategy a company adopts, customer

relationship has to be taken care of in order to maintain the customer base on a long-term basis.

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RELIANCERELIANCE

INTRODUCTION TO COMPANY

The Reliance Group, founded by Dhirubhai H. Ambani (1932-2002), is India's largest privatesector enterprise, with businesses in the energy and materials value chain. Group's annualrevenues are in excess of US$ 30 billion. The flagship company, Reliance Industries Limited,is a Fortune Global 500 company and is the largest private sector company in India.

"Between my past, the present and the future, there is one common factor: Relationship

and Trust. This is the foundation of our growth."

Dhirubhai H. AmbaniFounder Chairman Reliance GroupDecember 28, 1932 - July 6, 2002

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THE HOUSE OF AMBANIS

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COMPANY PROFILE

The Reliance Anil Dhirubhai Ambani Group is among Indias top three private sectorbusiness houses on all major financial parameters, with a market capitalisation of Rs.325,000

crores (US$ 81 billion), net assets in excess of Rs.115,000 crores (US$ 29 billion), and networth to the tune of Rs.55,000 crores (US$ 14 billion)

Across different companies, the group has a customer base of over 100 million, the largest inIndia, and a shareholder base of over 12 million, among the largest in the world.

Through its products and services, the Reliance - ADA Group touches the life of 1 in 10

Indians every single day. It has a business presence that extends to over 20000 towns and 4.5

lakhs villages in India, and 5 continents across the world.

The interests of the Group range from communications (Reliance Communications) and

financial services (Reliance Capital Ltd), to generation, transmission and distribution of power

(Reliance Energy), infrastructure and entertainment.

Companies

Reliance Communications

Reliance Capital

Reliance Infrastructure

Reliance Power

Reliance Big Entertainment

Reliance Health

Other Business : Reliance BPO

Mudra Communications Pvt. Ltd.

NIS Sparta

28
http://www.relianceadagroup.com/ada/rcom.htmlhttp://www.relianceadagroup.com/ada/rcap.htmlhttp://www.relianceadagroup.com/ada/relianceenergy.htmlhttp://www.relianceadagroup.com/ada/reliancepower.htmlhttp://www.relianceadagroup.com/ada/reliancemedia.htmlhttp://www.relianceadagroup.com/ada/other.htmlhttp://www.relianceadagroup.com/ada/rcom.htmlhttp://www.relianceadagroup.com/ada/rcap.htmlhttp://www.relianceadagroup.com/ada/relianceenergy.htmlhttp://www.relianceadagroup.com/ada/reliancepower.htmlhttp://www.relianceadagroup.com/ada/reliancemedia.htmlhttp://www.relianceadagroup.com/ada/other.html


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RELIANCE CAPITAL

Reliance Life Insurance Company Limited is a part of Reliance Capital Ltd. of the Reliance -

Anil Dhirubhai Ambani Group. Reliance Capital is one of Indias leading private sector

financial services companies, and ranks among the top 3 private sector financial services and

banking companies, in terms of net worth. Reliance Capital has interests in asset management

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and mutual funds, stock broking, life and general insurance, proprietary investments, private

equity and other activities in financial services.

Reliance Capital Limited (RCL) is a Non-Banking Financial Company (NBFC)

registered with the Reserve Bank of India under section 45-IA of the Reserve Bank of

India Act, 1934.

Reliance Capital sees immense potential in the rapidly growing financial services

sector in India and aims to become a dominant player in this industry and offer fully

integrated financial services.

Reliance Life Insurance is another step forward for Reliance Capital Limited to offer

need based Life Insurance solutions to individuals and Corporates.

Reliance capital entered into the life insurance business by acquiring AMP Sanmar in October

2005. The business was thereafter renamed Reliance Life Insurance. Today RLIC has over 20

products - 16 individual plans and 4 employee benefit plans - including the two new innovative

products Connect to Life and Reliance Money Guarantee Plan - that were launched recently.

Reliance Life Insurance Company (RLIC) has been accorded the ISO 9001-2000 certificate for

its best-in-class management systems in Quality, Customer & Process orientation.With this, RLIC is one of the only two life insurance companies in India to get ISO 9001:2000

certification covering all functional areas.

The scope of the certification covers the entire gamut of business processes ranging from

product design, sales - front-end and back-end operations, customer care and investment, to all

business support functions. The certification has been awarded by internationally acclaimed

Bureau Veritas and is valid till 2010 subject to continued satisfactory operation of RLIC's

Quality Management System.

"This certification is a significant milestone in our continuous quest to offer innovative

products, outstanding services and improved customer satisfaction. It indicates that we have

been able to install systems, processes & performance measures that are in line with the best in

the industry and will form the basis of our business growth in future", said P Nandagopal,

CEO, Reliance Life Insurance Company.

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Reliance Life Insurance is the fastest growing life insurance company in India and has an

incremental market share of 4 per cent amongst private insurers. The company has third largest

distribution network in terms of number of agents operating out of 143 locations across the

country.

CORPORATE OBJECTIVE

At Reliance Life Insurance, we strongly believe that as life is different at every stage, life

insurance must offer flexibility and choice to go with that stage. We are fully prepared and

committed to guide you on insurance products and services through our well-trained advisors,backed by competent marketing and customer services, in the best possible way.

It is our aim to become one of the top private life insurance companies in India and to

become a cornerstone of RLI integrated financial services business in India.

CORPORATE VISION AND MISSION

Vision

Empowering everyone live their dreams.

Mission

Create unmatched value for everyone through dependable, effective, transparent and profitable

life insurance and pension plans.

Our Goal

Reliance Life Insurance would strive hard to achieve the 3 goals mentioned below:

Emerge as transnational Life Insurer of global scale and standard

Create best value for Customers, Shareholders and all Stake holders

Achieve impeccable reputation and credentials through best business practices

Achievements

RLIC has been one of the fast gainers in market share in new business premium

amongst the private players with an incremental market share of 4.1% in the Financial

Year 2007-08 from 3.9% in April 07 to 8% in Feb 08. ( Source: IRDA)

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Also continues to beamongst the fast growing Private Life Insurance Companieswith

a YOY growthof195% in new business premiumas ofMar08.

A Company that has crossed 1.7 Million policies in just 2 years of operation, post take

over of AMP Sanmar business.

Initiated Express Life an Unique Over the Counter sales process for Unit LinkedInsurance Policies in the Industry.

Accomplished a large distribution ramp-up in the Industry in a short span of time by

opening 600 branches in 10months taking the overall branch network above 740.

RLIC continues to be one of the two Life Insurance companies in India to be certified

ISO 9001:2000 for all the processes.

Awarded the Jamnalal Bajaj Uchit Vyavahar Puraskar 2007- CertificateofMerit in the

Financial Services category by Council for Fair Business Practices (CFBP).

GROWTH OF RELIANCE LIFE INSURANCE SOME FACTS (MAY

2009) :

HOW THEY STACK UPPremium income of life insurers in Rs crore

April - June

Growth %

Total Share

(%)2007 2008

LIC 8580.84 7524.56 -12 52.55

ICICI Prudential 1056.45 1,590.27 51 11.11

Bajaj Allianz 731.85 829.24 13 5.79

SBI Life 426.39 1,148.67 169 8.02

HDFC Standard 355.93 490.40 38 3.42

Max New York 289.74 501.16 73 3.50

Reliance Life 204.10 557.33 173 3.89

Birla Sun Life 174.63 501.53 187 3.50

Total Private 3930.95 6,795.64 73 47.45

Total Market 12511.80 14,320.20 14 100.00

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Reliance life expect to break even by 2010-11 and until then they may require an

additional rs.700 cr. of capital.

Around 97% of reliance lifes business comes from unit linked insurance plans.

Average tenor of its ULIPs is 12.7 yrs and avg. ticket size of the policy stands

around 21000/-

Alternate channel incl. corporate agents, broker, direct marketing brought in 25% of

companys business.

This year company plan to reach out further to the rural areas and introduce

MICROINSURANCE product.

The company is planning to double its manpower base from the present level of14000 employees.

New business premium at rs.2754 cr in 2007-08 against 930 cr in the previous year.

The company had add 600 more branches in the last year to expand its business network

and now it has 744 branches.

As only 30% of the business comes from the top 25 cities and the balance comes 70%

comes through the other smaller towns, company has followed a conscious strategy to

setup branches in smaller towns to tap the blue oceans.

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AS A TRAINEE IN RELIANCE INSUARANCE, I

WORKED FOR TWO MONTHS AND IN THOSE

TWO MONTHS I HAD GAINED EXPERIENCE IN

FINANCE DEPARTMENT AS A FUND

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ANANLYSIT AND I HAD ALSO GAINED

EXPERIENCE IN MARKETING AND HUMAN

RESOURCE DEPARTMENT.

RELIANCE LIFE INSUARANCE INVESTS

MONEY IN VARIOUS FUNDS .BASICALLY THEY

HAVE DIVIDED THEIR PLANS IN TWO PARTS35


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INDIVIDUAL PLAN

EMPLOYEE INVESTMENT PLAN

UNDER

THESE PLANS VARIOUS DIFFERENT

FUNDS COME AND A FUND MANAGER

INVEST MONEY

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INDIVIDUAL PLANS

EMPLOYEE INVESTMENT PLAN

Fund Name NAV per Unit

GG - Balanced Fund 12.0104

GG - Capital Secure Fund 12.2141

GG - Corporate Bond Fund 11.1144

GG - Equity Fund 10.2646

GG - Gilt Fund 10.0781

GG - Growth Fund 11.3623

GG - Infrastructure Fund 10.3503

GG - Midcap Fund 10.328

GG - Money Market Fund 10.8247

GG - Pure Debt Fund 11.1095

GLE - Balanced Fund 10.0333

GLE - Corporate Bond Fund 11.6655

GLE - Equity Fund 7.2557

GLE - Gilt Fund 11.0339

GLE - Money Market Fund 11.6051

GLE - Pure Debt Fund 11.1648

GSA - Balanced Fund 15.118

GSA - Capital Secure Fund 11.0826

GSA - Corporate Bond Fund 10.2992

GSA - Growth Fund 9.5457

GSA - Money Market Fund 10.6281

GSA - Pure Debt Fund 11.0402

GSLI - Balanced Fund 11.4001

GSLI - Corporate Bond Fund 10.738

GSLI - Energy Fund 15.4971

GSLI - Equity Fund 15.0243

GSLI - Gilt Fund 10.0717

GSLI - Infrastructure Fund 13.6614

GSLI - Midcap Fund 15.0988

GSLI - Money Market Fund 10.4964

GSLI - Pure Debt Fund 10.6239

GSLI - Pure Equity Fund 15.6219

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Fund Name NAV per Unit

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AIP - Corporate Bond Fund 12.0891

AIP - Energy Fund 10.3889

AIP - Equity Fund 9.5347

AIP - Fund A 9.9547

AIP - Fund B 10.9768

AIP - Fund C 11.7479

AIP - Gilt Fund 11.1354

AIP - Infrastructure Fund 9.3148

AIP - Midcap Fund 9.0548

AIP - Money Market Fund 11.8481

AIP - Pure Equity Fund 10.1503

GRPS I - Insurance Bond Fund 11.1959

GRPS I - Insurance Bond Fund (New) 10.5343

GRPS I - Pension Bond Fund 11.2057

GRPS I - Pension Bond Fund (New) 10.5459

GYP - Balanced Fund 15.312

GYP - Capital Secure Fund 13.4131

GYP - Energy Fund 10.3889

GYP - Equity Fund 11.1148

GYP - Growth Fund 13.3017

GYP - Infrastructure Fund 9.3148

GYP - Midcap Fund 9.0548

GYP - Pure Equity Fund 10.1503

- Indian Traditional Fund 11.2328

MGP - Fund D 11.8331

MGP - Fund E 11.6518

MGP - Fund F 11.5662

MGP - Return Shield Fund 12.0478

MRP - Balanced Fund 15.3077

MRP - Capital Secure Fund 13.3613

MRP - Energy Fund 10.3889

MRP - Equity Fund 22.5327

MRP - Growth Fund 16.6973

MRP - Infrastructure Fund 9.3148

MRP - Midcap Fund 9.0548

MRP - Pure Equity Fund 10.1503

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SAIP - Corporate Bond Fund 12.0891

SAIP - Energy Fund 10.3889

SAIP - Equity Fund 9.5347

SAIP - Fund A 9.9547

SAIP - Fund B 10.9768

SAIP - Fund C 11.7479

SAIP - Gilt Fund 11.1354

SAIP - Infrastructure Fund 9.3148

SAIP - Midcap Fund 9.0548

SAIP - Money Market Fund 11.8481

SAIP - Pure Equity Fund 10.1503

SCP - Energy Fund 10.3889

SCP - Equity Fund 7.2811

SCP - Fund G 10.6688

SCP - Fund H 9.734

SCP - Infrastructure Fund 9.3148

SCP - Midcap Fund 9.0548

SCP - Pure Equity Fund 10.1503

SCP - Return Shield Fund 11.3664

SGYP - Balanced Fund 15.312

SGYP - Energy Fund 10.3889

SGYP - Equity Fund 9.5347

SGYP - Growth Fund 13.3017

SGYP - Infrastructure Fund 9.3148

SGYP - Midcap Fund 9.0548

SGYP - Money Market Fund 10.6281

SGYP - Pure Equity Fund 10.1503

SIP - Corporate Bond Fund 11.1717

SIP - Energy Fund 11.0902

SIP - Equity Fund 9.8421

SIP - Gilt Fund 10.6297

SIP - Infrastructure Fund 9.6078

SIP - Midcap Fund 8.7488

SIP - Money Market Fund 10.9578

SIP - Pure Equity Fund 11.2328

SIP PLUS - Corporate Bond Fund 11.1717

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SIP PLUS - Energy Fund 11.0902

SIP PLUS - Equity Fund 9.8421

SIP PLUS - Gilt Fund 10.6297

SIP PLUS - Infrastructure Fund 9.6078

SIP PLUS - Midcap Fund 8.7488

SIP PLUS - Money Market Fund 10.9578

SIP PLUS - Pure Equity Fund 11.2328

SLI - Energy Fund 15.4971

SLI - Equity Fund 15.0243

SLI - Gilt Fund 10.0717

SLI - Infrastructure Fund 13.6614

SLI - Money Market Fund 10.4964

SLI - Pure Equity Fund 15.6219

SMRP - Balanced Fund 15.3077

SMRP - Energy Fund 10.3889

SMRP - Equity Fund 9.5347

SMRP - Growth Fund 16.6973

SMRP - Infrastructure Fund 9.3148

SMRP - Midcap Fund 9.0548

SMRP - Money Market Fund 10.6281

SMRP - Pure Equity Fund 10.1503

TIPS I - Pure Equity Fund 10.1503

TIPS I - Corporate Bond Fund 11.2581

TIPS I - Energy Fund 10.5239

TIPS I - Equity Fund 9.8358

TIPS I - Gilt Fund 10.5794

TIPS I - Infrastructure Fund 9.1607

TIPS I - Midcap Fund 9.1183

TIPS I - Money Market Fund 11.1479

TIPS II - Corporate Bond Fund 11.2483

TIPS II - Energy Fund 10.5248

TIPS II - Equity Fund 9.8326

TIPS II - Gilt Fund 10.5823

TIPS II - Infrastructure Fund 9.1505

TIPS II - Midcap Fund 9.1434

TIPS II - Money Market Fund 11.1392

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TIPS II - Pure Equity Fund 10.1503

W+HP - Infrastructure Fund 9.3148

W+HP - Corporate Bond Fund 11.3318

W+HP - Energy Fund 10.3889

W+HP - Equity Fund 7.9157

W+HP - Fund A 8.469

W+HP - Fund B 9.6477

W+HP - Gilt Fund 10.6265

W+HP - Midcap Fund 9.0548

W+HP - Money Market Fund 11.2121

W+HP - Pure Equity Fund 10.1503

\

A FUND MANAGER OF RELIANCE INSAURANCE INVESTS

MONEY IN VARIOUS FUNDS.

BUT AS A FUND ANANLYIST I HAD CHOOSEN

FIVE FUNDS, AND TRIED TO ANALYZE THEM ONE BY ONE.

CORPORATE BOND FUND

EQUITY FUND

ENERGY FUND

MONEY MARKET FUND

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ALL THESE FIVE FUNDS ARE EXPLAINED IN DETAIL AND THEIR

PERFORMANCE IN MARKET FROM 1RST JAN 2009 TO 1RST JUNE

2009 ARE EXPLAINED DAY BY DAY. ALL RELATED GRAPHS ARE

ALSO GIVEN.

AIP - Corporate Bond FundFund Performance

NAV Performance Analysis

Following are the Unit values from 01 Aug 2008 to 28 Feb 2009 for AIP - Corporate Bond

Fund

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Fund Name NAVGrowth(%)

AIP - Corporate Bond Fund 9.2068 %

Table

Fund PerformanceTrack Fund Performance

Following are the Unit values from 01 Jan 2009 to 01 Jun 2009 for AIP -Corporate Bond Fund.

NAV DateAIP - Corporate Bond Fund

NAV per Unit

01 Jun 2009 12.0661

31 May 2009 12.0636

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29 May 2009 12.0586

28 May 2009 12.0456

27 May 2009 12.0931

26 May 2009 12.1199

25 May 2009 12.1064

22 May 2009 12.1039

21 May 2009 12.1448

20 May 2009 12.1754

19 May 2009 12.166818 May 2009 12.2125

15 May 2009 12.1535

14 May 2009 12.1429

13 May 2009 12.126

12 May 2009 12.1256

11 May 2009 12.1365

08 May 2009 12.1451

07 May 2009 12.1621

06 May 2009 12.169

05 May 2009 12.1399

04 May 2009 12.1243

30 Apr 2009 12.1419

29 Apr 2009 12.1398

28 Apr 2009 12.151

27 Apr 2009 12.1578

24 Apr 2009 12.154

23 Apr 2009 12.1655

22 Apr 2009 12.1963

21 Apr 2009 12.1587

20 Apr 2009 12.0848

17 Apr 2009 12.0528

16 Apr 2009 12.0159

15 Apr 2009 11.9837

13 Apr 2009 11.9776

09 Apr 2009 11.9831

08 Apr 2009 11.9334

06 Apr 2009 11.863302 Apr 2009 11.8547

01 Apr 2009 11.841

31 Mar 2009 11.8038

30 Mar 2009 11.7527

27 Mar 2009 11.7459

26 Mar 2009 11.7437

25 Mar 2009 11.7581

24 Mar 2009 11.7639

23 Mar 2009 11.7697

20 Mar 2009 11.7551

19 Mar 2009 11.737

18 Mar 2009 11.7216

17 Mar 2009 11.7173

16 Mar 2009 11.7263

13 Mar 2009 11.6653

12 Mar 2009 11.6513

09 Mar 2009 11.7198

06 Mar 2009 11.7477

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05 Mar 2009 11.7755

04 Mar 2009 11.779

03 Mar 2009 11.7985

02 Mar 2009 11.7856

28 Feb 2009 11.7797

27 Feb 2009 11.777

26 Feb 2009 11.7287

25 Feb 2009 11.6992

24 Feb 2009 11.7043

20 Feb 2009 11.6932

19 Feb 2009 11.6909

18 Feb 2009 11.6691

17 Feb 2009 11.6426

16 Feb 2009 11.6606

13 Feb 2009 11.656

12 Feb 2009 11.6395

11 Feb 2009 11.6149

10 Feb 2009 11.6412

09 Feb 2009 11.6511

06 Feb 2009 11.6479

05 Feb 2009 11.5916

04 Feb 2009 11.6007

03 Feb 2009 11.603

02 Feb 2009 11.6181

31 Jan 2009 11.6139

30 Jan 2009 11.6117

29 Jan 2009 11.6204

28 Jan 2009 11.6183

27 Jan 2009 11.6361

23 Jan 2009 11.6339

22 Jan 2009 11.6356

21 Jan 2009 11.6511

20 Jan 2009 11.6615

19 Jan 2009 11.6592

16 Jan 2009 11.6525

15 Jan 2009 11.6538

14 Jan 2009 11.6203

13 Jan 2009 11.5898

12 Jan 2009 11.5873

09 Jan 2009 11.5664

07 Jan 2009 11.5579

06 Jan 2009 11.6813

05 Jan 2009 11.7028

02 Jan 2009 11.5874

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01 Jan 2009 11.5930

Fund NameNAV

Growth(%)

AIP - Corporate Bond Fund 4.0809 %

IF FUND MANAGR INVEST MONEY IN CORPORATE BOND FUND IN THIS

PERIOD ,THEN IN STARTING PERIOD IN MARKET CUSTOMER WILL GET THE

BENEFIT,BUT AFTER SOME TIME THIS FUND DOESNOT GIVE MUCH

BENEFITS.

THIS FUND IS USEFUL FOR LONG TERM INVESTMENT.

AIP - Equity Fund Fund Performance


Following are the Unit values from 01 Jan 2009 to 01 Jun 2009 for AIP - Equity Fund.

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Fund Name

NAVGrowth(%)

AIP - Equity Fund 39.8976 %

TABLE Fund Performance

Track Fund Performance

Following are the Unit values from 01 Jan 2009 to 01 Jun 2009 for AIP - Equity Fund.

NAV DateAIP - Equity Fund

NAV per Unit

01 Jun 2009 9.4221

31 May 2009 9.3129

29 May 2009 9.3133

28 May 2009 9.1017

27 May 2009 8.983226 May 2009 8.7258

25 May 2009 8.9221

22 May 2009 8.8929

21 May 2009 8.8283

20 May 2009 8.9541

19 May 2009 8.9768

18 May 2009 9.0404

15 May 2009 7.9093

14 May 2009 7.7576

13 May 2009 7.8189

12 May 2009 7.8934

11 May 2009 7.674

08 May 2009 7.7776

07 May 2009 7.8887

06 May 2009 7.7677

05 May 2009 7.8569

04 May 2009 7.8719

30 Apr 2009 7.5405

29 Apr 2009 7.5406

28 Apr 2009 7.3336

27 Apr 2009 7.5301

24 Apr 2009 7.5226

23 Apr 2009 7.4195

22 Apr 2009 7.2517

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21 Apr 2009 7.3155

20 Apr 2009 7.3664

17 Apr 2009 7.3859

16 Apr 2009 7.3407

15 Apr 2009 7.5038

13 Apr 2009 7.3315

09 Apr 2009 7.2462

08 Apr 2009 7.2333

06 Apr 2009 7.093502 Apr 2009 7.0416

01 Apr 2009 6.8043

31 Mar 2009 6.7399

30 Mar 2009 6.6477

27 Mar 2009 6.8816

26 Mar 2009 6.8232

25 Mar 2009 6.6308

24 Mar 2009 6.5292

23 Mar 2009 6.515

20 Mar 2009 6.2598

19 Mar 2009 6.2814

18 Mar 2009 6.2609

17 Mar 2009 6.1915

16 Mar 2009 6.2394

13 Mar 2009 6.1341

12 Mar 2009 5.9516

09 Mar 2009 5.8573

06 Mar 2009 5.9465

05 Mar 2009 5.8821

04 Mar 2009 6.0234

03 Mar 2009 5.9919

02 Mar 2009 6.0959

28 Feb 2009 6.2524

27 Feb 2009 6.2527

26 Feb 2009 6.2645

25 Feb 2009 6.2415

24 Feb 2009 6.1974

20 Feb 2009 6.2287

19 Feb 2009 6.3241

18 Feb 2009 6.3111

17 Feb 2009 6.2969

16 Feb 2009 6.4517

13 Feb 2009 6.6233

12 Feb 2009 6.5479

11 Feb 2009 6.6184

10 Feb 2009 6.6297

09 Feb 2009 6.5859

06 Feb 2009 6.4373

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05 Feb 2009 6.3232

04 Feb 2009 6.3714

03 Feb 2009 6.3478

02 Feb 2009 6.3007

31 Jan 2009 6.4588

30 Jan 2009 6.459

29 Jan 2009 6.3646

28 Jan 2009 6.3933

27 Jan 2009 6.2493

23 Jan 2009 6.1101

22 Jan 2009 6.2051

21 Jan 2009 6.1852

20 Jan 2009 6.3664

19 Jan 2009 6.4854

16 Jan 2009 6.4602

15 Jan 2009 6.3156

14 Jan 2009 6.488

13 Jan 2009 6.3491

12 Jan 2009 6.3754

09 Jan 2009 6.5528

07 Jan 2009 6.6084

06 Jan 2009 6.8805

05 Jan 2009 6.8852

02 Jan 2009 6.7555

01 Jan 2009 6.7350

Fund Name NAV Growth(%)

AIP - Equity Fund 39.8976 %

EQUITY FUND IS VERY DIFFERENT AND IT GOES UP IN THE MARKET VERY

FASTLY AND IT GIVES RETURNS IN A GOOD AMOUNT. IN THIS PERIOD.FIRST

OF ALL IT GOES UP AND IN MIDDLE IT WAS MOVING SLOWLY, BUT AFTER

SOME TIME AGAIN IT WAS MOVING FASTLY.

AIP - Energy Fund

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Fund Performance


Following are the Unit values from 01 Jan 2009 to 01 Jun 2009 for AIP - EnergyFund.

Fund NameNAV

Growth(%)

AIP - Energy Fund 50.9959 %

TABLE

Fund Performance

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Following are the Unit values from 01 Jan 2009 to 01 Jun 2009 for AIP - Energy Fund.

NAV DateAIP Energy Fund

NAV per Unit

01 Jun 2009 10.3778

31 May 2009 10.142

29 May 2009 10.1426

28 May 2009 9.8735

27 May 2009 9.7309

26 May 2009 9.4121

25 May 2009 9.6792

22 May 2009 9.697

21 May 2009 9.5985

20 May 2009 9.5608

19 May 2009 9.6043

18 May 2009 9.7231

15 May 2009 8.4424

14 May 2009 8.3758

13 May 2009 8.463212 May 2009 8.5942

11 May 2009 8.3667

08 May 2009 8.4731

07 May 2009 8.5385

06 May 2009 8.4439

05 May 2009 8.4344

04 May 2009 8.4618

30 Apr 2009 8.205

29 Apr 2009 8.2053

28 Apr 2009 7.9553

27 Apr 2009 8.1209

24 Apr 2009 8.176

23 Apr 2009 8.1239

22 Apr 2009 7.9792

21 Apr 2009 8.0422

20 Apr 2009 8.067

17 Apr 2009 8.0712

16 Apr 2009 8.0623

15 Apr 2009 8.3654

13 Apr 2009 8.2117

09 Apr 2009 8.1226

08 Apr 2009 8.1682

06 Apr 2009 7.9504

02 Apr 2009 7.8994

01 Apr 2009 7.5713

31 Mar 2009 7.4596

30 Mar 2009 7.4203

27 Mar 2009 7.529

26 Mar 2009 7.5236

25 Mar 2009 7.3479

24 Mar 2009 7.2439

23 Mar 2009 7.2799

20 Mar 2009 6.984

19 Mar 2009 6.9675

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18 Mar 2009 6.9167

17 Mar 2009 6.8518

16 Mar 2009 6.8859

13 Mar 2009 6.765

12 Mar 2009 6.6021

09 Mar 2009 6.5066

06 Mar 2009 6.5779

05 Mar 2009 6.4762

04 Mar 2009 6.6619

03 Mar 2009 6.5928

02 Mar 2009 6.6888

28 Feb 2009 6.8609

27 Feb 2009 6.8611

26 Feb 2009 6.9293

25 Feb 2009 6.8377

24 Feb 2009 6.7584

20 Feb 2009 6.738619 Feb 2009 6.8303

18 Feb 2009 6.8053

17 Feb 2009 6.7557

16 Feb 2009 6.9058

13 Feb 2009 7.1147

12 Feb 2009 7.0001

11 Feb 2009 7.0763

10 Feb 2009 7.1187

09 Feb 2009 7.1226

06 Feb 2009 6.946705 Feb 2009 6.7947

04 Feb 2009 6.8238

03 Feb 2009 6.7881

02 Feb 2009 6.7498

31 Jan 2009 6.93

30 Jan 2009 6.9301

29 Jan 2009 6.81

28 Jan 2009 6.8365

27 Jan 2009 6.6639

23 Jan 2009 6.515822 Jan 2009 6.5122

21 Jan 2009 6.4949

20 Jan 2009 6.6838

19 Jan 2009 6.7043

16 Jan 2009 6.6452

15 Jan 2009 6.3801

14 Jan 2009 6.5399

13 Jan 2009 6.3297

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12 Jan 2009 6.4293

09 Jan 2009 6.6117

07 Jan 2009 6.6950

06 Jan 2009 7.0786

05 Jan 2009 7.1195

02 Jan 2009 6.9149

01 Jan 2009 6.8729

Fund NameNAV

Growth(%)

AIP - Energy Fund 50.9959 %

AIP - Money Market Fund

Fund Performance


Following are the Unit values from 01 Jan 2009 to 01 Jun 2009 for AIP - Money Market

Fund.

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Fund Name NAVGrowth(%)

AIP - Money Market Fund 3.9030 %

Table

Fund Performance


Following are the Unit values from 01 Jan 2009 to 01 Jun 2009 for AIP - Money Market

Fund.

NAV DateAIP - Money Market Fund

NAV per Unit

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01 Jun 2009 11.82

31 May 2009 11.8173

29 May 2009 11.8121

28 May 2009 11.8094

27 May 2009 11.8068

26 May 2009 11.8032

25 May 2009 11.8007

22 May 2009 11.7926

21 May 2009 11.789920 May 2009 11.787

19 May 2009 11.7843

18 May 2009 11.7816

15 May 2009 11.7734

14 May 2009 11.7706

13 May 2009 11.768

12 May 2009 11.7652

11 May 2009 11.7625

08 May 2009 11.7544

07 May 2009 11.7516

06 May 2009 11.7489

05 May 2009 11.746

04 May 2009 11.7433

30 Apr 2009 11.7326

29 Apr 2009 11.73

28 Apr 2009 11.7273

27 Apr 2009 11.7245

24 Apr 2009 11.7163

23 Apr 2009 11.7135

22 Apr 2009 11.7107

21 Apr 2009 11.7079

20 Apr 2009 11.7048

17 Apr 2009 11.6964

16 Apr 2009 11.6935

15 Apr 2009 11.6906

13 Apr 2009 11.6854

09 Apr 2009 11.676408 Apr 2009 11.6742

06 Apr 2009 11.6697

02 Apr 2009 11.6609

01 Apr 2009 11.6587

31 Mar 2009 11.6562

30 Mar 2009 11.6535

27 Mar 2009 11.6454

26 Mar 2009 11.6426

25 Mar 2009 11.6394

24 Mar 2009 11.6364

23 Mar 2009 11.6336

20 Mar 2009 11.625

19 Mar 2009 11.6222

18 Mar 2009 11.619517 Mar 2009 11.6168

16 Mar 2009 11.6137

13 Mar 2009 11.6048

12 Mar 2009 11.6019

09 Mar 2009 11.5926

06 Mar 2009 11.584

05 Mar 2009 11.5813

04 Mar 2009 11.5786

03 Mar 2009 11.5757

02 Mar 2009 11.5728

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28 Feb 2009 11.5669

27 Feb 2009 11.5638

26 Feb 2009 11.5607

25 Feb 2009 11.5576

24 Feb 2009 11.5465

20 Feb 2009 11.5343

19 Feb 2009 11.5313

18 Feb 2009 11.5281

17 Feb 2009 11.524816 Feb 2009 11.5217

13 Feb 2009 11.5123

12 Feb 2009 11.5092

11 Feb 2009 11.506

10 Feb 2009 11.503

09 Feb 2009 11.4998

06 Feb 2009 11.4906

05 Feb 2009 11.4875

04 Feb 2009 11.4845

03 Feb 2009 11.4815

02 Feb 2009 11.4785

31 Jan 2009 11.4728

30 Jan 2009 11.4703

29 Jan 2009 11.4614

28 Jan 2009 11.4584

27 Jan 2009 11.4556

23 Jan 2009 11.4439

22 Jan 2009 11.437

21 Jan 2009 11.4342

20 Jan 2009 11.4308

19 Jan 2009 11.4274

16 Jan 2009 11.4188

15 Jan 2009 11.416

14 Jan 2009 11.4132

13 Jan 2009 11.4104

12 Jan 2009 11.4077

09 Jan 2009 11.39907 Jan 2009 11.3930

06 Jan 2009 11.3901

05 Jan 2009 11.3873

02 Jan 2009 11.3788

01 Jan 2009 11.3760

Fund NameNAV

Growth(%)

AIP - Money Market Fund 3.9030 %

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AIP - Infrastructure Fund

Fund Performance


Following are the Unit values from 01 Jan 2009 to 01 Jun 2009 for AIP -Infrastructure Fund.

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AIP - Infrastructure Fund 32.7824 %

Table

Fund Performance


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Following are the Unit values from 01 Jan 2009 to 01 Jun 2009 for AIP -Infrastructure Fund.

NAV DateAIP - Infrastructure Fund

NAV per Unit

01 Jun 2009 9.1021

31 May 2009 8.9264

29 May 2009 8.9272

28 May 2009 8.710727 May 2009 8.5667

26 May 2009 8.3738

25 May 2009 8.6423

22 May 2009 8.6933

21 May 2009 8.6115

20 May 2009 8.7112

19 May 2009 8.7909

18 May 2009 8.7794

15 May 2009 7.5679

14 May 2009 7.4066

13 May 2009 7.505

12 May 2009 7.568

11 May 2009 7.3586

08 May 2009 7.497

07 May 2009 7.5821

06 May 2009 7.4763

05 May 2009 7.4914

04 May 2009 7.4814

30 Apr 2009 7.269

29 Apr 2009 7.2689

28 Apr 2009 7.095

27 Apr 2009 7.3003

24 Apr 2009 7.3085

23 Apr 2009 7.1724

22 Apr 2009 7.0767

21 Apr 2009 7.1445

20 Apr 2009 7.127617 Apr 2009 7.1268

16 Apr 2009 7.0763

15 Apr 2009 7.2614

13 Apr 2009 7.0398

09 Apr 2009 7.0029

08 Apr 2009 6.9834

06 Apr 2009 6.8263

02 Apr 2009 6.7219

01 Apr 2009 6.5215

31 Mar 2009 6.5213

30 Mar 2009 6.4613

27 Mar 2009 6.5917

26 Mar 2009 6.5469

25 Mar 2009 6.3697

24 Mar 2009 6.3451

23 Mar 2009 6.3314

20 Mar 2009 6.152

19 Mar 2009 6.1788

18 Mar 2009 6.179

17 Mar 2009 6.1131

16 Mar 2009 6.1062

13 Mar 2009 6.019

12 Mar 2009 5.9161

09 Mar 2009 5.9655

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06 Mar 2009 6.0317

05 Mar 2009 5.9534

04 Mar 2009 6.0832

03 Mar 2009 6.0801

02 Mar 2009 6.1518

28 Feb 2009 6.3013

27 Feb 2009 6.3014

26 Feb 2009 6.3329

25 Feb 2009 6.272424 Feb 2009 6.2487

20 Feb 2009 6.2714

19 Feb 2009 6.344

18 Feb 2009 6.3159

17 Feb 2009 6.292

16 Feb 2009 6.3904

13 Feb 2009 6.5672

12 Feb 2009 6.476

11 Feb 2009 6.5508

10 Feb 2009 6.5308

09 Feb 2009 6.500806 Feb 2009 6.3661

05 Feb 2009 6.2564

04 Feb 2009 6.3021

03 Feb 2009 6.2811

02 Feb 2009 6.2911

31 Jan 2009 6.4663

30 Jan 2009 6.4666

29 Jan 2009 6.425

28 Jan 2009 6.4883

27 Jan 2009 6.403

23 Jan 2009 6.1964

22 Jan 2009 6.2634

21 Jan 2009 6.2215

20 Jan 2009 6.4271

19 Jan 2009 6.4726

16 Jan 2009 6.4406

15 Jan 2009 6.2141

14 Jan 2009 6.369

13 Jan 2009 6.2266

12 Jan 2009 6.31

09 Jan 2009 6.4784

07 Jan 2009 6.5687

06 Jan 2009 6.8603

05 Jan 2009 6.9288

02 Jan 2009 6.8843

01 Jan 2009 6.8549


AIP - Infrastructure Fund 32.7824 %

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CALCULATOR FOR CALCULATING

INVESTMENT

Insurance Need Calculator

Gross current Income (Rs.)

Personal Expenses( Taxes, shopping etc.) (Rs.)

Net Income available for expenses on family (Rs.)

Assets on hand (Rs.)

62
http://www.reliancelife.com/rlic/Tools/InsuranceNeedCalculator/RSEP_reliance_special_endowment_plan.aspxhttp://www.reliancelife.com/rlic/Tools/InsuranceNeedCalculator/RSEP_reliance_special_endowment_plan.aspx


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Liabilities on hand (Rs.)

Age (as on date )Years

Expected future Inflation rate% p.a.

Expected future Return on Investments % p.a.

Age on retirementYears

No of years after which a second member of the family starts earning.Years

Expected contribution of next Family Member towards family

expenditure at the time of employment (Rs.)

Annual Net income available towards family (Rs.)

Note : The calculations of insurance cover needed are made after taking into account todays valueof money in the future, expected inflation rate and expected return on investments.

Calculate

Clear

BENEFITS OF INVESTING IN RELIANCELIFE INSRANCE

Tax PlanningReliance Life Insurance has innovative plans that will help you save agood amount on taxes and have enough income to fulfil yourrequirements in life.

Saving for Higher EducationInvest in Reliance Life Insurance and save enough to fulfils yourdreams of getting a good quality education.

Saving for home/propertyThe dream of owning a house need not be a dream anymore. Invest inReliance Life Insurance and save enough to go ahead and own thathouse.

63
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Saving for weddingMake your wedding memorableinvest in Reliance Life Insuranceand save money for your wedding wisely.

Saving for the Golden yearsInvest wisely and save money for your retirement so that your lateryears continue to be golden.

Financial Security for dependantsInvest in Reliance Life Insurance and give your family the financialsecurity that they need, even if you may not be around.

64
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Advisors are the backbone of any life insurance company.They play the most important and

key role for company to cashing the revenue through selling the insurance policies.

Some years ago Advisors were known as Agents but Reliance introduced them as Advisors

which seems to be more appropriately.

As aReliance Life Insurance Advisor, the sky is not the limityou

can go beyond.

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In India, ever since the insurance industry has opened up, opportunities for insurance

companies have become limitless. To tap this opportunity, they require insurance agents

because agents are one of the most significant modes of bringing in much-needed business to

the company.

At Reliance Life Insurance, you will not merely be an insurance agentyou will be a

Financial Advisor. You will have an important role to play because you have to give valuable

advice to prospective customers about their financial planning.

Opportunities for Reliance Advisors

Make a good profit without a heavy investment.

Enjoy the benefit of residual income.

TrainingofofSalespeople

TrainingofofSalespeople

Help

S

ale

spe

o

ple

K

no

w

&

Iden

tify

With

the

Co

m

pany

Lea

rnHow

the

Pro

duc

tsWo

rk

Lear

nHow

toMake

Effec

tive

Pres

entat

ions

Und

erst

and

Fiel

dPro

ced

ures

and

Res

pon

sibil

ities

The Training Program Has the Following Goals:

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Maintain flexible work hours.

Earn attractive commissions.

Participate in exciting recognition programs.

Associate with Reliance - One of the strongest brands of the country.

Capitalize on the growing Insurance market.

Become a full time sales manager.

Benefits Available for Advisors

Apart from being remunerated well, Advisors get a lot of recognition and can win awards by

participating in the monthly, quarterly, half yearly, yearly business competition. These

business reviews can fetch foreign tours and travel free of cost. Easy way to globe trot is tobecome an advisors with RLIC.

Become an Advisor to really see the benefits. It is told that "seeing is believing '. We are ahead

and we say "experiencing is believing" are you ready to experiment.

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Number of Agents

Company NameNumber of Agents

Dec 09 (Nos)

Aviva Life 31,390

Bajaj Allianz Life 273138

Bharti Axa 10016

Birla Sunlife 86264

Future Generali 0

HDFC Std Life 132662

ICICI Prudential 262893

ING Vysya 48428

Kotak 34714

Max New York 29,876

MetLife 32389

Reliance Life 157052

Sahara Life 12244

SBI Life 33969

Shriram Life 16521

TATA AIG 32528

LIC 1159586

ADVERTISEMENT FOR ADVISOR

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LETTER ISSUED TO ADVISOR AFTER JOINING

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PRODUCTS OFFERED BY RELIANCE LIFE

Reliance has number of insurance products in its Portfolio. It offers different products

for different customer profile.It target its product according to the needs of people which

make them its customer.

Solutions for IndividualsSolutions for Groups

Solutions for Individuals

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Reliance Life Insurance is here with Solutions for Individuals, a series of plans that will helpyou make wise investments, protect your family, secure your childs future and even chalk outa plan for your retirement.

Protection Plans

Savings & Investment Plans

Retirement Plans

Child Plans

Protection Plans

In todays uncertain world, there could be calamity at every step of the life. It is up to you toensure that your family stays protected always.

Reliance Protection Plans helps you do exactly the same. You have a wide range of options tochoose a plan from. Right from limited period plans to lifetime protection plans, you can optfor the one that suits your lifestyle.

While we understand that nothing can compensate for the loss of a life, we intend to provideyou the peace of mind. Investing in Reliance Protection Plans would mean your familys futureis in safe hands.

Protection Plans

Reliance Term Plan

Reliance Simple Term Plan Reliance Special Term Plan

Reliance Credit Guardian Plan

Reliance Special Credit Guardian Plan

Reliance Endowment Plan

Reliance Special Endowment Plan

Reliance Connect 2 Life

Reliance Whole Life Plan

Reliance Wealth + Health Plan

Reliance Cash Flow Plan


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In life, you have always given your family whatever they have wanted. Yet, there are somepromises you have to fulfill, such as taking your family for a vacation, or buying that dreamhouse.

Set aside some money to achieve these specific goals with the help of Reliance Savings &Investment Plans. The plan allows you to experience the joys of life and provide for yourfamilys needs.


Reliance Savings Linked Insurance Plan

Reliance Super Invest Assure Plus Plan

Reliance Super Invest Assure Plan

Total Investment Plan I - Insurance

Reliance TIPS -Series I- Insurance

Reliance Wealth + Health Plan

Reliance Super Automatic Investment Plan

Reliance Money Guarantee Plan Reliance Cash Flow Plan

Reliance Super Market Return Plan

Reliance Endowment Plan Reliance Special Endowment Plan

Reliance Whole Life Plan

Reliance Super Golden Years Plan

Reliance Super Golden Years Plan - Value

Reliance Super Golden Years Plan - Plus

Reliance Connect 2 Life Plan

Reliance Imaan Investment Plan

Retirement Plans

A Reliance Retirement Plan will help you save money for your retirement. It ensures that youcontinue to get some income after retirement thereby ensuring that you do not have to dependon any other person or make any compromises to maintain the same lifestyle.

Retirement Plans

Total Investment Plan II - Pension

Reliance Super Golden Years Plan

Reliance Super Golden Years Plan - Value

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Child Plans

The Reliance Child Plan helps you save systematically so that you can secure your childsfuture needs. Be it higher education, his or her first home or any other requirement, you will

always be there for your child when he or she needs you.

So, invest in a Reliance Child Plan right awayit is the best gift you could ever give yourchild.

Reliance Super Invest Assure Plan

Reliance Child Plan

Reliance Secure Child Plan

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IN DETAIL

Reliance has number of insurance products in its Portfolio. It offers different products for

different customer profile.It target its product according to the needs of people which make

them its customer.

Protection Plans

In todays uncertain world, there could be calamity at every step of the life. It is up to you to

ensure that your family stays protected always.

Reliance Protection Plans helps you do exactly the same. You have a wide range of options to

choose a plan from. Right from limited period plans to lifetime protection plans, you can opt

for the one that suits your lifestyle.

While we understand that nothing can compensate for the loss of a life, we intend to provide

you the peace of mind. Investing in Reliance Protection Plans would mean your familys future

is in safe hands.

1.Reliance Term Plan

Invest in the Reliance Term Plan, a pure life insurance plan that offers you comprehensive and

affordable coverage for a limited period of time to suit your needs.

2.Reliance Simple Term Plan

Make a smart investment move by investing in the cost-effective Reliance Simple Term Plan,

which offers you comprehensive coverage for a specified period of time to suit your need.

3.Reliance Special Term Plan

Imagine a life insurance policy, which on maturity returns to you all the premiums you had

paid for your basic policy. The Reliance Special Term Plan offers that and much more.

4.Reliance Credit Guardian Plan

The Reliance Credit Guardian Plan secures your family from any loan liabilities you have

incurred in case of your untimely demise. On survival at maturity, you will be returned all the

premiums paid for the basic policy.

5.Reliance Special Credit Guardian Plan

Invest in the Reliance Special Credit Guardian Plan and protect your family from any loan

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