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Exide Life Term Insurance Benefits

149 reviews Rate This
Claim Settlement Ratio98.54%
Customer Care9:00 AM to 7:00 PM
Death Benefit Paid For3,404 Policies
Presence200+ Offices
Total Death Benefit PaidRs. 88.95 Crore

Term Life Insurance Premium Calculator


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Choose required coverage to secure your family’s future

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
2 Crore
    Tax Free
    1 Cr
Starting From 707/Month
24hr Claim Settlement
Key Features:
  • Zero Cost Benefit
  • Terminal Illness
  • Nominee's Choice payout
  • Voluntary Top Up
  • Tax Benefits
    Tax Free
    1 Cr
Starting From 857/Month
24hr Claim Settlement
Key Features:
  • Waiver of Premium on Disability
  • Terminal Illness
  • Life Stage Benefit
  • Tax Benefits
    Tax Free
    1 Cr
Starting From 771/Month
24hr Claim Settlement
Key Features:
  • Tax Benefits
  • Terminal illness
See More Plans

Benefits of Exide Life Term Insurance

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.

Exide Term Insurance User Reviews

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What users are saying
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  • I'm impressed with how transparent InsuranceDekho is about their policies. While purchasing the Exide Term Ins...

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    By Khushi Goel
    On: Oct 10, 2023
  • The team at InsuranceDekho doesn't just sell you a policy and forget about you. They follow up regularly to en...

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    By Anushka Rawat
    On: Sep 27, 2023
  • I received my Exide Life Term Insurance Policy documents promptly after approval, which reflects InsuranceDekh...

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    By Smriti Gandhi
    On: Sep 13, 2023
  • I purchased the Exide Life Term Insurance Policy from the InsuranceDekho website. The policy was issued within...

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    By Anjam Bhasin
    On: Sep 06, 2023
  • When I visited in InsuranceDekho’s website, there was a separate page for term insurance, and as I click...

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    By Priyal Sharma
    On: Sep 01, 2023
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  • Tax benefit upto 1,50,000*
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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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FAQ About Exide Life Term Insurance

  • 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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