Exide Life Endowment Plans

Features and Benefits:

The plan comes with a lot of attractive features and benefits. You can choose your sum assured amount which you get paid at the end of your policy term as maturity amount. Listed below are the main features and benefits:

1. The plan offers guaranteed life cover in case the life assured dies during the policy tenure.
2. Minimum entry age is 18 years.
3. Maximum entry age is 70 years.
4. Minimum age at maturity is 3 years and maximum is 55 years.
5. Policy terms are 10, 12 and 15 years.
6. Premium Paying terms are same as policy terms
7. Premium payment mode is annual.
8. Get your life cover extended for another 2/3 years, even if you fail to you premiums.
9. You can get loan against your plan, provided you have paid 3 full premiums.
10. All the premiums paid under this plan are free from income tax under Section 80C of the Indian Income Tax Act. The maturity amount is also free from income tax under Section 10(10D).

2. Exide Life Mera Ashirvad:

Features and Benefits:

Listed below are the main features and benefits of Exide Life Mera Ashirvad

1. In case of unfortunate death of the policyholder, premiums are waived.
2. The plan offers assured tax free maturity benefits.
3. The plan comes with flexible payout options. You have two flexible options to receive the sum assured.
4. Minimum entry age for parents 21 year and maximum age is 50 years. For children, it is 0 to 15 years.
5. Premium paying terms of the policy is connected to the age of the child.
6. Policy term is a combination of premium paying term + 5 years.
7. Minimum sum assured is Rs. 3, 50,000.
8. Maximum sum assured is 4, 50,000.
9. There is no limit on maximum sum assured.

3. Exide Life Secured Income Insurance Plus:

Features and Benefits:

Mentioned below are the main features and benefits of Exide Life Secured Income Insurance Plus:

1. The plan offers Your family will receive guaranteed death benefits along with accumulated bonus.
2. Death benefits offered by the plan will be higher of sum assured or 10 times of the annual premium paid.
3. Maximum age at entry age should be 50 years.
4. Minimum entry age is 18 years.
5. Maximum entry age is 70 years.
6. Premium paying terms are 5, 7 and 10 years.
7. The plan also offers family income benefits.

4. Exide Life Secured Income Insurance RP:

Features and Benefits:

Listed below are the main features and benefits of Exide Life Secured Income Insurance RP

1. Minimum entry age is 0
2. Maximum entry age is 55 years.
3. Minimum age at maturity is 18 years
4. Maximum age at maturity is 25 years.
5. Premium paying terms are 15 - 25 years.
6. Policy terms are equal to premium paying terms.
7. Minimum premium you need to pay is Rs. 12000 per year.
8. get attractive tax free returns
9. The plan provides life cover with family income benefit.
10. Also, get enhanced protection for health related expenses.

5. Exide Life New Fulfilling Life:

Features and Benefits:

The plan comes with a lot of attractive features and benefits. Listed below are the main features and benefits of Exide Life New Fulfilling Life

1. Get life cover till the age of 85.
2. You can get bonus in the 1st policy year, regardless of the premium paying term chosen. This will be tax free.
3. Get guaranteed money backs within a few years of staring the policy.
4. Policy term is 85 years.
5. Maximum premium ceasing age 70 years.
6. Minimum entry age 15 years.
7. Maximum entry age is 50 years.
8. Maturity benefits which is a combination of sum assured plus accumulated bonus
9. Get high life cover
10. Modes of premiums are annual and monthly.

6. Exide Life New Creating Life Insurance Plus:

Features and Benefits:

Mentioned below are the main features and benefits of Exide Life New Creating Life Insurance Plus:

1. The plan comes with tax free returns
2. It also offers high life cover and attractive family income benefits.
3. Get waiver of premiums
4. It is limited pay plan
5. Minimum entry age 18 years.
6. Maximum entry age 45 years.
7. Minimum entry age for children is 0 and maximum is 17 years.
8. Minimum policy term 20 years and maximum policy terms are 10, 12 and 15 years.
9. Premium payment terms are 5, 7 and 10 years.

7. Exide Life New Creating Life Insurance Regular Pay:

Feature and Benefits:

Listed below are the main features of Exide Life New Creating Life Insurance Regular Pay

1. Get tax free returns.
2. Enjoy high life cover
3. Get family income benefits
4. Waiver of premiums
5. Policy terms are 15 to 25 years.
6. Minimum annual premium required is Rs.12, 000.
7. Premium paying modes are annual and monthly.
8. Minimum monthly and annual sum assureds are Rs.1, 13,766 and Rs. 1,23, 995 respectively.
9. There is no limit to maximum premium paid.
10. Maximum age at maturity is 60 years.
11. Premium paying terms are same as policy term.
12. Minimum entry age of children is 0 and maximum 17 years.
13. Minimum entry age for parents is 18 years and maximum is 45 years.

8. Exide Life Assured Gain Plus:

Features and benefits of Exide Life Assured Gain Plus

1. The plan offers attractive tax free returns with assured benefits.
2. You get guaranteed lump sum amount along with all bonus on maturity as maturity benefits.
3. You need to invest only for 5 years and enjoy benefits for the full policy term.
4. You can choose between policy term options of 10 years, 12 years or 15 years.
5. Get life cover for the whole policy tenure.
6. Premium paying terms are - 5 years and single pay
7. Policy terms are 10, 12, and 15 years.
8. Premium Paying frequency are - annual, semiannual and monthly.
9. Minimum premiums payable are - Annual: Rs.60, 000; Semi-annual: Rs.30, 000; and monthly: Rs.5, 000.
10. There is no limit on maximum premium paid.
11. Minimum and maximum entry ages vary as per the policy terms.

9. Exide Life Jeevan Uday:

Features and benefits:

1. No medicals required to purchase this plan
2. Get extended life cover
3. Enjoy tax free maturity benefits

GST of 18% is applicable on life insurance effective from the 1st of July, 2017