Exide Life Insurance Benefits

Exide Life Insurance has a tremendous reach all over India because of its multi-channel approach that includes bancassurance, agency network, direct and online channels, and corporate agency and broking. The company has more than Rs. 15 lakh satisfied customers under its fold. Its excellent claim settlement ratio of 98.15% for the financial year 2019-20 is amongst the best in the industry. Exide Life Insurance offers a fantastic range of insurance policies in various categories, such as protection plans, investment/savings plans, retirement plans, health plans, and group insurance offerings.

Exide Life Insurance Benefits

There are various benefits of Exide Life Insurance provided by the company to its valued customers. Here are some important features of Exide Life Insurance policies:

1. Exotic Range of Products: Exide Life Insurance has a customer base of more than 15 lakh. It offers an extraordinary range of life insurance and other insurance products to its customers situated far and wide across the country. The plans include health plans, term insurance plans, child plans, health insurance, group insurance, retirement, and investment products.

2. Customised Premium Payment Options: Exide Life Insurance offers customised premium payment options to suit the capabilities of its customers. It provides plans with a single premium, whereas almost all the products accept monthly premiums. Thus, customers can choose the option they are most comfortable with and keep their policies in force.

3. Incredible Claim Settlement Ratio: Exide Life Insurance has one of the best claim settlement rates in the country. The figures for the financial year 2019-20 stand at 98.15%. It is a perfect reflection of the extent of excellent customer service rendered by the company.

4. Customer-Friendly Procedures: Exide Life Insurance has customer satisfaction as its prime endeavor. It offers easy procedures for renewing your insurance policies. By providing one of the most customer-friendly claim procedures, Exide Life Insurance endears itself to its policyholders by providing them peace of mind that the future of their family members is in safe hands.

5. High-quality customer service: Exide Life Insurance believes in gaining the customer’s trust by providing quality services. The company has a customer-friendly insurance claim process that also allows customers to track their claim status online.

6. Taxation Benefits: With Exide Life Insurance plans, the policyholders can avail tax deductions as allowed under the Income Tax Act 1961.