Exide Life Term Rider is an additional benefit which can be attached to a base policy ensuring double death benefit at minimal cost.
|
Minimum |
Maximum |
Entry Age (Last Birthday) |
18 years |
60 years |
Maturity Age (Last Birthday) |
- |
70 years |
Policy Term (PT) in years |
5 |
40 |
Premium Paying Term (PPT) in years |
Equal to policy term |
|
Premium Paying Frequency |
Same as under the base plan |
|
Yearly Premium |
Depends on rider Sum Assured |
|
Sum Assured |
50,000 |
Lower of 50 lakhs or SA under base policy |
Premium rates
Age / Term (years) |
10 |
15 |
20 |
30 |
0.14 |
0.16 |
0.19 |
40 |
0.28 |
0.34 |
0.42 |
50 |
0.28 |
0.34 |
0.42 |
Policyholder has to fill up an ‘Application form/ proposal form’ of the base plan with accurate medical history along with the address proof. Medical examination may be required in some cases, based on the sum assured and the age of the person.