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Exide Life Term Insurance Benefits

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Exide Life Term Insurance
Highlights
Claim Settlement Ratio98.54%
Customer Care9:00 AM to 7:00 PM
Death Benefit Paid For3,404 Policies
Inception2001
Presence200+ Offices
Total Death Benefit PaidRs. 88.95 Crore

Term insurance plans by Exide Life have their own significant benefits. One of the best financial supports in securing the future of a policyholder’s family, term insurance plans at Exide Life Insurance are what you need in case of an unfortunate event. The best feature of term insurance plans is that they provide financial help even in the absence of the policyholder. Moreover, one gets to make the most of benefits like tax benefits, additional option of riders, affordable premium, superior coverage and more.

Why to Buy Exide Life Term Insurance Benefits?

  • High Insurance Coverage: One of the critical advantages of Exide Life Insurance term insurance plans is high insurance coverage at a low, reasonable premium. Compared to an Exide Life Insurance endowment plan, you get higher coverage in a term insurance plan for the same premium amount.
  • Range Of Premium Payment Options: Exide Life Insurance offers the facility of a single payment option, along with the traditional monthly, quarterly, half-yearly, and annual premium options. Besides, Exide Life Insurance term insurance plans offer the facility of paying a premium for a limited term and enjoying full insurance benefits for the entire policy term.
  • Return Of Premium: Generally, people shy away from term insurance plans because the premium is not returnable. Exide Life Insurance breaks this trend by offering a return of premium paid on the life assured surviving the policy term.
  • Exciting Riders: Exide Life Insurance offers exciting riders such as double life cover on the payment of a nominal additional premium. Besides, there are options to include critical illness and terminal illness riders.
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Term Life Insurance Premium Calculator

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Choose required coverage to secure your family’s future

50L
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Disclaimer :
1. Premium has been calculated for coverage till 60 years
2. Eligibility depends on income, occupation and educational qualification

Best Exide Life Term Insurance Plans

1 Crore
1.5 Crore
2 Crore
2.5 Crore
  • LIFE COVER
    Tax Free
     ₹1 Cr
  • CLAIMS SETTLED ₹99.01%
Starting From ₹ 697/Month
Claim Settlement 4hr Claim Settlement
Key Features:
  • Right Green Tick Annual Health Checkup
  • Right Green Tick Terminal illness
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User Reviews

4.9
Rating based on
151 User reviews
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What users are saying
  • All
  • User friendly Website

    The InsuranceDekho website is designed in such a good way that anyone can easily go through the different sections of the website and pick the desired plan. I did the same and after a lot of research ended up buying the Exide term insurance plan from InsuranceDekho.

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    D
    Exide
    By Deeksha Gaur
    On: Dec 18, 2023
  • A must-buy term plan

    I recommend others to buy the Exide Life Term Insurance Policy from InsuranceDekho. The reason is that the plan has umpteen benefits to offer at a very affordable price.

    Read More

    G
    Exide
    By Girish Panchal
    On: Nov 22, 2023
  • Transparent and Clear Policies

    I'm impressed with how transparent InsuranceDekho is about their policies. While purchasing the Exide Term Insurance- Elite Term Insurance Plan all the terms and conditions were laid out clearly, so you know exactly what you're getting. No hidden surprises. That's the kind of honesty you want in an insurer.

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    K
    Exide
    By Khushi Goel
    On: Oct 10, 2023
  • Great Follow-Up

    The team at InsuranceDekho doesn't just sell you a policy and forget about you. They follow up regularly to ensure your coverage remains up to date. They make sure to take an update of my Exide Life Term Insurance Policy on a regular basis.

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    A
    Exide
    By Anushka Rawat
    On: Sep 27, 2023
  • Prompt Policy Issuance

    I received my Exide Life Term Insurance Policy documents promptly after approval, which reflects InsuranceDekho's efficiency and professionalism.

    Read More

    S
    Exide
    By Smriti Gandhi
    On: Sep 13, 2023
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Why to Buy Term Insurance Policy Online from InsuranceDekho

  • Tax benefit upto 1,50,000*
  • Claim support everyday 10AM-7PM
  • 66 Lacs+ happy customers

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Exide Life Term Insurance Contact Details

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Claim Process at Exide Life Term Insurance

  • 1

    Claim Intimation

    In the case of death of the life assured, a claim intimation to the insurance company must be made as early as possible.
  • 2

    Submission of Documents

    Claim form, death certificate, original policy document, and more documents must be submitted to ensure smooth claim settlement.
  • 3

    Claim Evaluation

    Once the documents are submitted, the insurance company will conduct thorough evaluation of the claim filed.
  • 4

    Claim Settlement

    If claim request is approved, claim settlement is done within 30 days. If additional investigation is required, it make take 6 months.

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FAQs

  • Is there any maturity amount in the Exide Life Insurance term insurance plans?

    There is no maturity amount in Exide Life Insurance term insurance plans. However, some plans offer up to 100% to 150% return of premiums paid by you.

  • What is meant by limited pay but full cover in Exide Life Insurance?

    Exide Life Insurance offers an exciting term insurance plan where you pay a premium for periods ranging from five to twelve years but enjoy life cover for the entire policy term. 

  • What is the maximum age up to which life cover is available in Exide Life Insurance term insurance?

    Life cover in Exide Life Insurance term plan is available till the insured person attains 80 years of age.

  • Is medical check-up compulsory in the Exide Life Insurance term insurance plan?

    One specific Exide Life Insurance term insurance plan, Exide Life Term with Return of Premium Plan does not insist on conducting medical check-up when issuing life cover. It is compulsory in all the other plans. 

  • Can you buy an Exide Life Insurance term insurance plan online?

    Yes, you can purchase an Exide Life Insurance term insurance plan online at the official website of Exide Life Insurance. You can also purchase term insurance online at InsuranceDekho. 

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