*Tax benefit is subject to changes in tax laws.
**All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
Key reasons to buy this plan:
Exide Life Elite Term Insurance Plan is an individual life insurance plan, which helps the policyholders to access various benefits such as premium discounts, assured sums, and others during the policy term. If the policyholder dies, the family will receive death benefits as a payout option.
The insurance offers three payout options as the death benefit. These are lump-sum payout, lump sum with family income payout, and family income payout. The different payout options available with Exide Life Elite Term Insurance Policy, one can choose to receive the entire death benefit or receive a certain percentage of the lump sum amount and the rest as a regular income for five years or ten years.
The policy allows the beneficiaries to avail of various discounts and advantages based on the premiums paid or heath conditions maintained.
|Minimum age at entry||21 years|
|Maximum age at entry||60 years|
|Maximum Maturity Age||70 Years (As per last birthday)|
|Policy Term||Regular Premium (RP): 10 to 40 years|
|Premium Paying Term (PPT)||Regular Pay : Same as Policy Term|
|Minimum Sum Assured||₹50 Lakhs|
|Premium Mode||Monthly & Yearly|
The applicants must provide the following documents for the KYC process of policy management.
To buy Exide Life Elite Term Insurance online, the applicants must follow the steps mentioned below.
Step 1: They must visit the official website of Policybazaar and fill the lead form.
Step 2: Choose Exide Life Elite Term Insurance plan.
Step 3: You will be redirected to the quotes page, where you will find quotes based on the details provided relating to insurance and contact information.
Step 4: The interested individuals will require calling the toll-free number 1800 258 8787, or the company personnel will contact and discuss the terms and conditions of the policy.
Step 5: The applicant will require filling up the application form by providing necessary details and draw a check in favour of the company.
However, interested individuals must assess Exide Life Elite Term Insurance reviews before making a final decision.
(*Standard T&C Apply)