Reliance forays into Life Insurance. Its interesting that they are going at this alone unlike Tata etc who tie up with foreign players.

 Reliance Life Insurance today launched Reliance Connect 2 Life Plan, which the company claims “aims at achieving a paradigm shift in the way insurance is solicited in the country”.

The plan is a 15-year insurance-cum-savings scheme with the flexibility to upgrade cover to Rs 10 lakh across a two-year period. Any customer between the ages of 18 and 45 can get insured instantly by answering 7 simple questions, and filling out a 1-page proposal form without having to undergo any medical tests, an official company release said.

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