Exide Life

Exide Life Sampoorna Jeevan Insurance

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.
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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

Exide Life Sampoorna Jeevan Insurance Overview

  • Key Benefits
  • Eligibility

Key Benefits of Exide Life Sampoorna Jeevan Insurance

  • Life Cover up to 85 years of age; or option for Whole Life coverage (till age 100 years)
  • Flexible Premium Paying Term
  • Lower premium rates for female lives1 and Standard premium rates for non-smokers
  • Enhance your protection with Optional Rider2
  • Large Sum Assured discount for Higher Coverage
  • Receive tax benefits3, as per the applicable Income Tax laws

Eligibility Criteria of Exide Life Sampoorna Jeevan Insurance

Parameters Premium Payment Term (Years)
Minimum Age at Entry 12 Years
Maximum Age at Entry 60 Years
Maturity Age 75-100 Years
Maximum Premium No Limit (subject to Board approved underwriting policy)

Brochure

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Policy wordings

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