Exide Life

Exide Life Term Life Insurance Plans

Exide Life Term Insurance Plan helps you create a financial cocoon to safeguard your family against future uncertainties when you are not around. It not only comes with a huge sum assured at an affordable premium, but also offer rewards for maintaining a healthy life during the policy term.
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Exide Life insurance review

Exide Life Insurance plans
Distribution - Number of branches pan India (March 2019)
212
Entry Age Minimum/Maximum (Years) - Term Plans
18/60
Sum Assured Minimum / Maximum - Term Plans
15 lacs / as per T&C
Policy Term Minimum / Maximum (Years) - Terms Plans
15/40
Solvency Ratio (FY 2018-19) *
2.08
Number of Policies Sold (Ind+Group) *
190,460
Number of Lives Covered (Ind+Group) **
2,069,510
Claims Settlement Ratio (Ind+Group) ***
98.67%
* - As per IRDAI data 2018-19 - The solvency ratio of an insurance company is the size of its capital relative to all the risk it has taken, which is all liabilities subtracted from total assets. In other words, solvency is a measurement of how much the company has in assets versus how much it owes
** - as per L-25 Public Disclosure of Insurance Companies for 2019-20  |  *** - Claims Settlement Ratio = Claims Settled in the year / Claims Reported in the year - as per IRDAI data published

Other Term Life Plans from this provider are

Exide Life Term with Return of Premium Plan comes out with a life insurance cover at affordable premiums and also returns the premiums paid at the end of the policy tenure.
Exide Life Sampoorna Jeevan is a unique Life Insurance cum savings plan, which not only provides life insurance cover till age 75 or 100 years but also gives you the power to customize the payouts to suit your changing life stage financial needs. Exide Life Sampoorna Jeevan is a plan that stays with you, through life.
Exide Life New Fulfilling Life is Assurance plan with money back facility which creates savings at the same time providing life insurance coverage.
Exide Life Smart Term Plan, a unique plan that offers you comprehensive protection options and returns the total premiums paid by you on completion of policy term.
Exide Life Smart Term Plus is a term insurance plan that offers comprehensive life insurance cover for full policy term and also returns 100% of the total premiums paid on completion of the policy term.
This plan offers a high amount of coverage, flexible terms, lower premiums, and much more. It provides a large sum assured at a reasonable premium amount and also rewards an insured for leading a healthy life during the chosen tenure.
Exide Life Term Rider is a term insurance plan that offers comprehensive life insurance cover for full policy term and also returns 100% of the total premiums paid on completion of the policy term.
This plan offers a high amount of coverage, flexible terms, lower premiums, and much more. It provides a large sum assured at a reasonable premium amount and also rewards an insured for leading a healthy life during the chosen tenure.

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CIN: U66000KA2018PTC117713 | IRDAI Web aggregator License Code Number: IRDAI / INT / WBA /53/ 2018, Valid till 07/08/2022