Benefits of Buying Reliance General Insurance

Published On May 15, 2018 | By Carol Gilmore | Business

Insurance has become a necessity in today’s world, and it can no longer be considered optional. Whether it is for your vehicle, home, health, or even for travels, insurance protects you from unexpected and unpleasant surprises. This is the reason why it is extremely crucial that you buy your insurance from the right company. 

Reliance General Insurance is one of the leading private insurance companies in India. They provide insurance plans for a wide range of areas, and if you are thinking about buying insurance, this company should be one of the top choices. Keep reading to find out why.           

How Is Reliance General Insurance Different from Other Insurance Plans?

The first question that comes to your mind while considering buying Reliance General Insurance plans is, “How are the Reliance General Insurance plans different from insurance plans offered by other companies?” 

Here is the answer to that question.

 1. Ease of Filing a Claim

One of the problems faced by those who want to claim their insurance is that the claim process is usually complicated and long-drawn-out. But the claim process of Reliance General Insurance is very simple. 

You can call on their toll-free number, and a surveyor from the company will get in touch with you, mostly within 2 to 3 days. The claim settlement ratio of Reliance General Insurance is 94.53% which implies that they settle almost all of their claims. And this is a very desirable quality in an insurance company. 

2. Cashless Hospitals and Garages

Reliance General Insurance has network of over 4,000 hospitals, 3,800 garages for four-wheelers, and 430 garages for two-wheelers all around the country where you can go in case of emergencies to get cashless services. This is a service that can be a true life-saver when an emergency strikes. 

Why Is Reliance General Insurance Better?

Now that you know what makes them different, it is time to find out what makes them better. 

1. Experience

Reliance General Insurance was founded in 2000. They have over 17 years of experience under their belt. They have improved their services with time, and their experience helps them know what their customers want and also how to successfully deliver that.

2. Presence Across The Country

They have around 139 offices across the country and 26,587 intermediaries. This ensures that they are reachable irrespective of which city you live in. They are also reachable online and offline via telephone. So, whenever you need them, they are available to assist you.

3. Types of Insurance Plans

Apart from the usual vehicle and health insurance policies, Reliance General Insurance also offers home insurance and travel insurance policies. Although these are insurance policies that you don’t think about normally, they are very important and can be very helpful in times of need.

They also offer insurance for corporate and SMEs. Whether you are an individual or a corporation, Reliance General Insurance has an insurance plan suitable to your needs.

4. Solvency Ratio

Reliance General Insurance has a solvency ratio of 2.72 as of June 2017. Solvency ratio indicates the company’s ability to pay its debts and meet their long-term and short-term liabilities. It can be thought of as an indicator of the stability of the company. Since the solvency ratio of Reliance General Insurance is high, you can be sure that the company is stable and it is safe to buy your insurance from them.

5. Brand

Reliance Industries has been around for a long time, and they have made a good name for themselves in every field they entered. The same applies to insurance as well. They have won many awards in the field as well. This tells you that you can trust them to come through when you are in need.

Why Should You Choose Reliance General Insurance?

With its experience in the industry, its brand value and high solvency ratio, Reliance General Industries is a well-established name in the industry. And with high claims settlement ratio and cashless network hospitals and garages, they ensure that the customers can depend on them in their time of need. You can be assured that they will come through in your time of need.        

You can buy insurance policies from Reliance General Insurance at Coverfox.com. They can also assist you in making the purchase and clearing any doubts you may have. 

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