Reliance Life Insurance Co Ltd - Franchise Opportunity
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Reliance Life Insurance Co Ltd
Space Req.
Less than 250 Sq.ft
Investment Range
Not Revealed
Franchise Outlets
No Franchisee

Reliance Nippon Life Insurance Company is amongst the leading private sector life insurance companies in India in terms of individual WRP (weighted received premium) and new business WRP. The company is one of the largest non-bank supported private life insurers with over 10 million policyholders, a strong distribution network of over 700 branches and more than 75,000 advisors as on March 31, 2018. The company holds Claim Settlement Ratio of 95.17% as on March 31, 2018.

Rated amongst the Top 3 Most Trusted Life Insurance Service Brands by Brand Equity‘s Most Trusted Brands Survey 2018, the company’s vision is “To be a company people are proud of, trust in and grow with; providing financial independence to every life we touch.” With this in mind, Reliance Nippon Life caters to five distinct segments, namely Protection, Child, Retirement, Saving & Investment, and Health; for individuals as well as Groups/Corporate entities.

Reliance Nippon Life Insurance Company is a part of Reliance Capital, one of India's leading private sector financial services companies, which ranks among the top private sector financial services and non-banking companies, in terms of net worth. Reliance Capital has interests in asset management and mutual funds, stock broking, life & general insurance, proprietary investments, private equity and other activities in financial services.


Operations Commenced On: Not Revealed Franchising / Distribution Commenced On: Not Revealed Number of Employees: 500-1000
Business Models
Industry Segment Investment Franchise Fee Space Expected No of Hours / month Expansion Location/s
Financial Service Franchise Insurance Incl Post Office Services Not Revealed Not Revealed Less than 250 Not Revealed Mumbai
Preferred Expansion Locations
Mumbai,
Ideal Entrepreneur Profile
What should be the Education level of an Entrepreneur? : Doctoral Degree - Ph.D., J.D., M.D. etc..
What should be the skill set of an Entrepreneur? :
Should be a good listener
Should be good at customer service
What is that the business seek from an Entrepreneur? : A successful Sarangi partner possesses two key qualities: a great service attitude and the ability to quickly learn our proven management techniques. Having some business experience could be a bonus, but is not an essential factor for your Sarangi success.
Previous Experience of Entrepreneur? :
Owning a Business previously works best for you.
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1 Review
User Membership
Array on Jan 03, 2018 03:44 PM
Rated By FranchiseBazar
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Business Information
How many franchisees are presently operational in home country? : No Franchisee
How many franchisees do you have across the world? : 20 - 40
Franchisees presently available in home country at : Not Revealed
How many company owned outlets do you have? : No Outlets
Company owned outlets presently available at : Not Revealed
Documentation Details
Do you have a Franchise Agreement? : Yes
Term of Agreement? : Not Revealed
Do you have an Operations Manual? : Yes
Do you have a Bankable Business Plan? : No
Training Details
Do you have a Training Manual? : Yes
Where is the Initial Training conducted? : Not Revealed
How long is the Initial Training Programme? : Not Revealed
Mention a few lines on the post start up training assistance the company provides : Not Revealed
Business Suitability
Is Franchise/Business Opportunity suitable for women? : Yes
Is Franchise/Business Opportunity suitable for Senior citizens, retired professionals and/or people above 50 years of age? : No
Is Franchise/Business Opportunity suitable for Fresh Graduates and/or Students? : Yes
Can the franchisee work from home? : Yes
Is Franchise/Business franchising internationally? : No
Is Franchise/Business seeking Multiple/Master Franchisees? : Yes
Does this Franchise/Business qualify as a Multi Level Marketing Opportunity - MLM Business? : No
Is this Frnachise/Business a Manufacturing/Job work or an assembly related opportunity? : No


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