Exide Life Term Insurance Calculator
Exide Life Term Insurance Calculator
Since 2001, Exide Life Insurance Company has been active in the insurance sector and has issued over 15 lakh insurance policies. It is a 100% Indian-owned entity offering various insurance products, including term insurance as well. The main USP of the leading insurer is its excellent customer service and trust factor among its clientele which is clear from its high claim settlement ratio of 98.15% for the FY 2019-20.
The company offers different term insurance plans backed by attractive benefits and features catering to customers’ varying requirements.
Calculating the right premium to be paid is easier with the Exide Life Insurance term insurance premium. The calculator is easy to use and gives accurate results, which further helps you make the right buying decision for a term insurance policy. The calculator considers various factors like age, gender, income, etc., and helps you with a suitable premium quote based on your information.
Benefits of Exide Life Term Insurance Calculator
- Accurate Calculations: Exide Life term insurance calculator provides you with the exact premium amount payable for the chosen term policy on entering the right details about yourself.
- Free Of Cost: Exide Life term insurance calculator is free of cost online tool available for everyone.
- Helps in the right decision-making: Exide Life term insurance calculator gives customized results as per your inputs, which can help you make informed buying decisions based on your eligibility and requirements.
Exide Life Term Insurance Plans
- Exide Life Elite Term Insurance Plan
- Exide Life Smart Term Pro
- Exide Life Smart Term Edge
- Exide Life Saral Jeevan Bima
- Exide Life Term with Return of Premium Plan
Below are the details about term insurance plans offered by Exide Life Insurance:
1. Exide Life Elite Term Insurance Plan: This term insurance plan offers a substantial sum assured at a low premium and rewards for leading a healthy lifestyle within the policy tenure. It gives you the flexibility to extend the policy tenure by 5 or 10 years, and the life assured’s family could claim the payout of 5 or 10 years.
2. Exide Life Smart Term Pro: This term insurance plan features excellent benefits such as the return of premium option and comprehensive life cover. The main highlight of Exide Life Smart Term Pro is it gives you the flexibility to pay for 5, 8, 10, or 12 years and enjoy the insurance cover throughout the policy term. Also, it provides life cover till the age of 80 years.
3. Exide Life Smart Term Edge: This unique term insurance plan comes with 3 different plan options while offering complete financial protection to the policyholder. It provides up to 150% of the premiums paid and gives you the option to enhance the coverage by adding various riders.
4. Exide Life Term with Return of Premium Plan: This term insurance policy by Exide Life Insurance offers life cover at affordable premiums and returns the premium paid at the maturity of the policy. Also, you can get the benefits of the life cover without going for medical tests.
5. Exide Life Saral Jeevan Bima: Exide Life Saral Jeevan Bima is a pure protection plan with standardized terms and guidelines. It ensures financial security to your family in your absence by providing a lump-sum death benefit amount. The premiums to be paid are affordable, and you can choose from various premium payment modes according to your convenience.
Benefits of Exide Life Term Insurance
Exide Life term insurance plans stand out as one of the ideal financial options to secure your loved ones during uncertainties. These term plans come with many benefits such as affordable premiums, high life cover, option to add riders, tax benefits, and more.
- High Insurance Coverage: One of the primary benefits of Exide Life Insurance term protection plans is high life cover at a low premium price.
- Flexible-Premium Payment Options: Exide Life Insurance offers the flexibility to pay premiums through different premium payment modes such as monthly, quarterly, half-yearly, and yearly. You can also opt to pay the premium for a limited period while enjoying the benefits for the entire policy tenure.
- Return Of Premium: Generally, individuals avoid term protection plans on the grounds that they don’t give any maturity benefit. Exide Life Insurance term plan breaks this pattern by returning the premiums if the insured outlives the policy tenure.
- Rider benefits: Exide Life Insurance offers various riders to be added to the base plan, such as critical illness and terminal illness riders. These riders are available on the payment of an additional premium.
What is the free-look period under Exide Life term insurance plans?
Exide Life term insurance plans offer 15 days free-look period and 30 days if the policy is purchased online.
Can an NRI buy an Exide Life term insurance plan?
Yes, an NRI can buy any Exide Life term insurance plan. To do so, he or she can contact Exide Life Insurance.
Is it possible to change the policy tenure after purchasing it?
No! it is not possible to make any changes to the policy term after policy purchase.
Can a minor be the nominee for the Exide Life Insurance policy?
Yes, a minor can be a nominee, but the policyholder has to nominate a major person on behalf of the minor to receive the benefits.
Does Exide Life Insurance term insurance plans offer maturity benefits?
Traditional term insurance plans do not offer any maturity benefit; however, some Exide Life Insurance term insurance plans provide up to 100% to 150% return of premiums paid on the policy maturity.
What is the maximum age up to which Exide Life Insurance term insurance offers life cover?
Exide Life Insurance term plan provides life cover till the age of 80 years.
Why should I opt for an Exide Life term insurance plan?
Buying a term insurance plan gives you peace of mind for your family's financial security in your absence. Exide Life term insurance plan comes with many benefits such as high life cover, affordable premiums, tax benefits, rider benefits, and much more.
Is it safe to buy term insurance online?
Yes! Buying term insurance online is safe as all information is kept confidential, and payments are made through secured payment gateways.