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  • 5 Reasons
    To Buy
  • Benefits
  • How this
    Plan Works

Reliance Group Credit Assure Plan is designed to meet the needs of employer-employee and Non employer-employee groups like - Banks and Financial Institutions, Societies and non financial institutions, Micro-Finance institutions providing loans in rural or social sector.

The most common type of loans that are covered under this plan is Home Loans, Education Loans, Car Loans, Commercial Vehicle Loans & Business Loans, Personal Loans and Loans against assets.

Reliance Group Credit Assure plan ensures that your members need not worry about any outstanding loan repayment liabilities by taking care of the loan repayment burden on the family in case of the unfortunate event of death of member.

  • 1

    Get a life insurance cover that mirrors your loan

  • 2

    Protect your family from loan liability in you absence

  • 3

    Cover your spouse in case of a joint loan

  • 4

    Convenient premium payment modes

  • 5

    Option of level (for Interest only loans) and reducing cover


Disclaimer

For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale. UIN for Reliance Group Credit Assure Plan: 121N095V01

Protection

  • Get protection against repayment of loan liability by the nominee / legal heir in the event of death of the Life Assured/member
  • Protect the co-borrower in case of joint loans
  • Enjoy life cover during moratorium period of loan


Flexibility

  • Choose between Level (for Interest only loans) or Reducing cover
  • Opt for either single or limited premium payment


Convenience

  • Enjoy a hassle-free enrollment and decide your premium payment frequency
Disclaimer

For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale. UIN for Reliance Group Credit Assure Plan: 121N095V01

In case of Level Cover option for interest only loans, the Sum Assured remains constant

The plan covers the loan liability as per the monthly loan schedule at the inception of member contract

A Member can opt for level cover or reducing cover

A co-borrower can be added under the plan in case of joint loans

As a member in the group, you can chose to pay single or limited premiums (annually, half yearly, quarterly or monthly) for the term of cover

The loan schedule is maintained for every member at inception of the member contract.

On death, the applicable Sum Assured as at the end of the policy month immediately preceding the date of death of the member as per this loan schedule at inception shall be paid. Please note that the death benefit is payable to the nominee / legal heir of the individual group member.



Disclaimer

For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale. UIN for Reliance Group Credit Assure Plan: 121N095V01

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I / we unconditionally agree to share mine / our Personal Information with the Reliance Group for the purpose of facilitating one view of all my transactions with the various Reliance Group Companies. However, in return I /we expect the Reliance Group of companies to keep mine / our personal information secure and confidential. I / We further understand that I / we may be offered various products and services by various Reliance Group Companies and for this purposes mine / ours’ personal information would be shared amongst the group companies in a secure and confidential manner.
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  • Shivrana Jinsiwal

    Patna

    “I am sure about the benefits that I will get after maturity...“

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  • Shailesh Arya

    Mumbai

    “Kudos to the team for the excellent work....“

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  • Vanita Damodar Vangera

    Karnataka

    “Payment is easy and quick. You get all the details on phone....“

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