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Exide Elite Term Insurance Riders

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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

Exide Life Elite Term Insurance Plan Rider

Mentioned below are two different rider options under Exide Life Elite Term Insurance plan:

  • Exide Life Accidental Death, Disability and Dismemberment Rider: Under Exide Life Accidental Death, Disability and Dismemberment rider, financial protection is provide to the family of the life assured in case of an untimely death, disability or dismemberment of the life assured caused during an accident. In case of an untimely death or total and permanent disability 100% of the sum assured is provided to the nominee. In case of dismemberment of one limb 50% of the sum assured is provided and in case of dismemberment of two or more limbs 100% of the sum assured is provided to the nominee.
  • Exide Life Critical Illness Rider: Under Exide Life Critical Illness rider a lump sum is provided to the life assured in case he/she is diagnosed with a critical illness during the policy term.

Key Inclusions and Exclusions of the Plan

What's Included

  • Unforeseen demise of the life assured
  • Accidental death
  • Accidental disability and dismemberment
  • Critical Illness

What's Not Included

  • Exide Life Elite Term Insurance plan does not cover death due to suicide. In case the life assured passes by commiting suicide within first 12 months from the date of policy issuance, the nominee shall receive 80% of the total premium paid till the date of life assured’s demise.

Elite Term Insurance Plan Reviews

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What users are saying
  • All
  • Transparent Premium Structure

    I appreciate the transparency in how InsuranceDekho structures its term insurance premiums. The Exide Term Insurance- Elite Term  Insurance Plan provide clear explanations of premium calculations, ensuring that policyholders understand their costs and there are no hidden fees.

    T
    By Tushit kapur
    On: Sep 11, 2023
  • Hassle-free claim settlement

    It was very easy to file a claim with InsuranceDekho. The instructions were clearly mentioned on the website. I filed a claim for the Exide Term Insurance- Elite Term  Insurance Plan at InsuranceDekho’s website. I must say that the claim was settled without any hassles and before the anticipated time. I am very impressed with InsuranceDekho’s services. 

    S
    By Sagarika Parewal
    On: Aug 28, 2023
  • Must purchase plan

    The Exide Term Insurance- Elite Term  Insurance Plan is highly recommended. The policy comes at an affordable premium and offers me many coverage benefits that I wanted under my policy. Thanks to InsuranceDekho for suggesting me as well as helping me buy this policy within 5 minutes. 

    S
    By Suresh kalra
    On: Aug 16, 2023
  • Distinctive feature

    The Exide Term Insurance- Elite Term  Insurance Plan on InsuranceDekho provided me with the best information. InsuranceDekho's website had various distinctive features that were very easy to understand and made the facts more clear and more understandable. These features made me more clear about what I actually require according to my needs and understanding. I am very satisfied with the result.

    U
    By Umang Khatri
    On: Jul 04, 2023
  • No chance of fraud

    Many times we have to be cautious of where we are investing. But when it comes to InsuranceDekho, there is no need to think twice because of its services. It keeps everything confidential and there is no chance of fraud. While taking Exide Life Term Insurance- Elite Term Insurance Plan, they offered me the safest payment option.

    P
    By Pihu Kashyap
    On: Jun 29, 2023

FAQs on Elite Term Insurance Plan Health Insurance Plan

  • Why should I purchase an Exide Life Elite Term Insurance plan?

    Exide Life Elite Term Insurance plan is a pure protection plan which provides life cover and financial security to the family of life assured in case an unforeseen event takes place. This plan has multiple death benefit payout options and allows the extension of the policy term by 5 or 10 years.

  • Is a policy loan available under the Exide Life Elite Term Insurance plan?

    No, policy loans are not available under the Exide Life Elite Term Insurance plan.

  • What is the policy extension benefit under the Exide Life Elite Term Insurance plan?

    Under this option the life assured can choose to extend the policy term by 5 or 10 years according to his/her coverage requirement and budget.

  • Is suicide covered under the Exide Life Elite Term Insurance plan?

    No, suicide is not covered under the Exide Life Elite Term Insurance plan, but in case the life assured passes due to committing suicie during the first 12 months of the policy year, the nominee shall be provided with 80% of the total premiums paid. 

  • Can I increase the sum assured of my Exide Life Elite Term Insurance plan?

    Yes, you can increase the sum assured of your Exide Life Elite Term Insurance plan on health improvements during the policy term.

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