Exide Life Investment Plans

Hey, hi. Oh, you are looking for a financial security of your family? So you have landed up at the correct spot!!

Welcome to the page on Exide Life Insurance Investment Plans. Here in this article you’ll be loaded with all the information on Exide Life plans – like features, benefits, eligibility criteria and premium cost. Wait what? You are still facing confusing? Not to worry my friend, the moment this article ends, your confusion will end.

 What are Traditional / Investment Plans?

Traditional plans, which are also called Conventional Insurance Plans are the plans where money is invested as per the guidelines laid down in the Insurance Act. Whole of the information of the invested premium is not known to the policyholder. The policy owner is promised with certain benefits payable on death, maturity or as money back. All of the Traditional Investment Plans offered by the Exide Life Insurance have some of the basic features which are mentioned below:

1. The plans are designed in a manner that it lasts for longer time duration.

2. In case, your premium payment has stopped for some reason, the Exide offers a plan which becomes paid-up for at least three full years’ if the premiums have already been paid. The paid-up plan has a reduced Sum Assured and the plan owner stands with  a choice to either proceed with the plan at the reduced coverage or sign off with the plan.

3. The plans have the feature of participating or non-participating plans. In the participating plan, all the plans which fall under this category are the company’s profits and earn bonuses which are not true for non-participating plans.

4. The plans can be either as Endowment Plans or Money Back Plans.

Types of Investment Plans which is offered by Exide Life Insurance

Exide Life Insurance offers a multiple savings and investment options which is suitable for your financial strength and risk appetite. One can choose plans from three different categories which are available:-

1. Plan Your Life’s Goal

2. Investing Your Surplus Funds

3. Plan Inheritance

 Exide Life Guaranteed Income Insurance Plan

This plan is a savings cum insurance plan that offers a dual benefit of regular income and life insurance.

Product Benefits

1. One can pay for first half and get a tax free income during second half of policy.

2. Whole of the life is covered during the income payout period.

3. Guaranteed tax free maturity benefit.

Eligibility Details

1. The entry age for this type of insurance policy is 18 to 65 years. It varies from insurer to insurer.

2. The exit age which is the maximum age until which coverage is provided is 75 years. It varies with insurers.

3. This type of policy is ideal for those who have taken mortgage loans like home loans, loan against property, and so on.

 Exide Life Secured Income Insurance Plan

This is an insurance plan which provides with limited pay and regular options which covers your life with family income benefit.

 Product Benefits

1. Death benefit is provided along with the Family Income Payout option

2. Build corpus for your future

3. Limited Pay Option & Regular Pay Option.

 Eligibility Details

1. The entry age for this type of insurance policy is 18 to 65 years. It varies from insurer to insurer.

2. The exit age i.e. the maximum age up to which coverage is offered is 75 years. It varies with insurers.

3. This type of policy is ideal for those who have taken mortgage loans like home loans, loan against property, and so on.

Exide Life Guaranteed Wealth Plus

A Unit Linked Insurance Plan which is  designed for the investors who seek higher financial protection along with efficient wealth creation.

Product Benefits

1. It offered Guaranteed Income for about 30 years along with the total return of premiums at the time of maturity.

2. Avail guaranteed benefit as Lump sum or as Regular Income along with the Lump sum both.

3. Pay for 6 years, enjoy life insurance cover for full policy term.

Eligibility Details

1. The entry age for this type of insurance policy is 18 to 65 years. It varies from insurer to insurer.

2. The exit age i.e. the maximum age up to which coverage is offered is 75 years. 3. It varies with insurers.

4. This type of policy is ideal for those who have taken mortgage loans like home loans, loan against property, and so on.

 Exide Life Income Advantage Plan

Product Benefits

1. Guaranteed Maturity Benefit

Pay only for 5 years and get life insurance cover over full Policy Term

2. Additional death benefit in event of an accident

3. Tax savings included as per the current running tax laws.

Eligibility Details

1. The entry age for this type of insurance policy is 18 to 65 years. It varies from insurer to insurer.

2. The exit age i.e. the maximum age up to which coverage is offered is 75 years. It varies with insurers.

3. This type of policy is ideal for those who have taken mortgage loans like home loans, loan against property, and so on.

Exide Life Star Saver Plan

This plan is a savings cum insurance plan which provides guaranteed tax-free maturity benefit with protection.

 Product Benefits

1. Life Cover up to the age of 85 years

2. It offers a few periodic survival benefits.

3. Tax savings as per prevailing tax laws.

 Eligibility Details

1. The entry age for this type of insurance policy is 18 to 65 years. It varies from insurer to insurer.

2. The exit age i.e. the maximum age up to which coverage is offered is 75 years. It varies with insurers.

3. This type of policy is ideal for the group of people who have taken loans like home loans, loan against property, and so on.

Exide Life Assured Gain Plus

This plan is also a savings cum insurance plan which provides guaranteed tax-free maturity benefit with protection.

 Product Benefits

1. Life Insurance Cover for the full policy term while you pay for only 5 years.

2. Sum Assured is gauranteed at the time of Maturity.

3. Potential upside of returns through bonuses.

Eligibility Details

1. The entry age for this type of insurance policy is 18 to 65 years. It varies from insurer to insurer.

2. The exit age i.e. the maximum age up to which coverage is offered is 75 years but it varies with insurers.

3. This type of policy is ideal for the people who have taken property loans like home loans, loan against property, and so on.

 Exide Life New Fulfilling Life

This is a comprehensive life insurance plan which helps you with regular money back along with tax-free wealth and cover.

Product Benefits

1. Life insurance coverage during full policy term.

2. Choice is with the policy owner to take maturity benefit in lump sum or as regular income.

3. Returns are guaranteed.

 Eligibility Details

1. The entry age for this type of insurance policy is 18 to 65 years. It varies from insurer to insurer.

2. The age to exit is up to 75 years until when the coverage is offered. Although it varies with insurers.

3. This type of policy is ideal for the people who have taken property loans like home loans, loan against property, and so on.

 How to Apply for Exide Life Investment Plans?

1. On the official page of the Exide Life Investment Plans , click on the Traditional Insurance tab under the Personal tab.

2. Click on the  New Quotes options to compare and choose the plan from the top insurance providers.

3. Fill your date of birth (DOB), mention whether you are a smoker or a non-smoker, and the payable amount. On the basis of your payable amount, you will recieve an estimate of your outstanding premium. Next click Continue.

4. Fill in your personal details like, name, email address, city, country code, and mobile number and press Continue.

5. Now, you will head to the Life Insurance quotes page and here you will get to see and choose life insurance quotes of more than 10 insurers.

6. After reviewing and comparing from all the plans provided, choose a life insurance quote, click on the premium amount to buy the desired plan.

7. You will see a pop-up window on the screen which will help you with an overview of the chosen plan like premium, plan features, exclusions, additional riders, etc. Click Proceed.

8. This will take you to the insurer’s website. Fill in the necessary details to buy the plan.

Exide Life Traditional Plans – FAQs

1. How to pay a premium? What are the modes of payment available?

 There are a couple of ways through which one can easily pay the premium of the Exide Life Plans, the list is mentioned below:-

1. Cash at the branch

2. Online Payment

3. Auto Debit

4. NEFT

5. Credit Card

6. Debit Card

2. How can I check policy status for Exide Life traditional plans?

One can check the status of the Exide Life Traditional Plans through online mode, all you need to do is login entering your date of birth, policy number and your registered mobile number and you will get an OTP, enter that and you can now check the status of your policy.

3. Why choose Exide Life Investment Plans?

One should go for the Exide Life Investment Plans because of the consistency and hard working nature that keeps it going up and above in terms of their services and products.

4. Which is the best Investment Plan of Exide Life?

 Each and every has it’s own highlighting feature, but to be precise all the plans are designed in such a manner that they tend to provide you with the maximum benefit possible.

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