Group PlansReliance Nippon Life Group Credit Assure Plus
Cover for most types of loans
Protect your members’ families from the burden of loan repayment
Focus on the business and not on the business loan
Create bundled offerings that can be easily understood
Ensure easy loan repayment in case of death of the member
Covers employer-employee and borrowers from lending institutions
Covers a wide range of loans
Single Life Cover: Life cover for the principle borrower up to the outstanding loan amount
Co-borrower Cover: Proportionate life cover for one co-borrower along with the primary borrower of the loan
Joint-Life Cover: An equal life cover for one co-borrower along with the primary borrower
Level cover during moratorium period, with inclusive or exclusive of the interest payments
Opt cover for a limited period which can be lower than the loan tenor
Opt for a cover amount which can be lower than the outstanding loan liability
Choose single pay or limited pay based on your need
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