Prices Increasing soon Prices Increasing Soon

Exide Life Term Rider Plan

It is an add on product that can be attached to select Exide Life Insurance Traditional plans for enhanced life cover at a nominal additional premium.

Read more
Gets ₹1 Cr. Life Cover at just
COVID-19 Covered
The Policybazaar Advantage
Dedicated claim support for family FREE
Upto 10% discount for buying online
Only certified experts will call you on 100% recorded lines
We are rated~
6.7 Crore
Registered Consumers
Insurance Partners
3.4 Crore
Policies Sold

#All savings and online discounts are provided by insurers as per IRDAI approved insurance plans | Standard Terms and Conditions Apply

By clicking on "View plans" you agree to our Privacy Policy and Terms of use

~Source - Google Review Rating available on:-

Life is Unpredictable! Protect your family’s future
Get ₹1 Crore Life cover starting from ₹384/month+
We don’t spam
Check Your Premium Now
Please wait. We Are Processing..
Get Updates on WhatsApp
The Policybazaar Advantage
Policybazaar Advantage Icon
Dedicated claim support for family FREE
Policybazaar team will help and support you at the time of claim. A personal claim handler from our team of experts will get in touch with you when your nominee applies for a claim on our website.
Policybazaar Advantage Icon
100% calls recorded to ensure no mis-selling
We will make sure you get what is promised by the advisors. We conduct regular monitoring of our calls to make sure you get the best experience.
Policybazaar Advantage Icon
Exclusive lifetime discount upto 5% for buying online
The discounts will be valid for the entire policy payment term and is not available if you choose to buy the insurance through offline agents.
Policybazaar Advantage Icon
Advisors available in your city
Our advisors are available in more than 55 cities across India and can help you at your doorstep in understanding the plans and in documentation.
Policybazaar Advantage Icon
Refund at the click of a button
In case you aren’t happy with your purchase, you can cancel your policy hassle-free at the click of a button. We will help you with the cancellation and refund of your policy.

Key Features

  • Get up to double life cover
  • Benefit at a nominal additional premium
  • Tax savings on premium and benefit amount


  • Get up to double life cover in select Exide Life Insurance Traditional Plans. In case of an eventuality, this amount will be paid in addition to the base plan life cover amount.
  • The enhanced life cover comes at a nominal additional premium.
  • Tax benefits as per prevailing tax laws, which are subject to change from time to time.

Product Specification:

Age at Entry  Minimum : 18 Years  Maximum : 60 Years
Sum Assured  Minimum : ₹50,000/-  Maximum : Lower of ₹50,00,000/- or Sum Assured of the Base  policy
Rider Protection Ceasing Age  Maximum : 70 Years
Rider Term   (Minimum/Maximum) Regular Premium Payment : 5 Years – 40 Years

Policy Details

  • Grace Period: The rider premium will be collected along with the premium of the base policy and the grace period applicable for the base policy will be applicable for the rider premium
  • Maturity/Surrender: This plan offers pure protection benefit and does not offer any maturity or surrender benefits.
  • Free Look Period: You have a period of 30 days from the date of receipt of the Exide Life Term Rider policy document to review the terms and conditions of the riders. If you have any objections to any of the terms and conditions, you have the option to return the rider policy stating the reasons for the objections and you will be entitled to a refund of the rider premium paid after deducting the proportionate risk premium for the period on cover and stamp duty charges (if applicable). If the Rider is attached on a Policy Anniversary the free look provisions as mentioned above will be available to the Rider Policy attached even on a Policy Anniversary.


Suicide Clause

If the life assured commits suicide for any reason, while sane or insane, within one year from the date of commencement of policy or from the date of reinstatement of the lapsed policy, the company will not be liable to pay the benefits under the policy other than what is specified below: Death occurs within one year from policy commencement date or within one year from reinstatement date: 80% of premiums paid, excluding GST, as on the date of death

Premium By Age

Term insurance articles

  • Recent Article
  • Popular Articles
07 May 2024

Term Insurance for 45K Salary Individuals

In life, unpredictability looms large, and while you may

Read more
07 May 2024

Term Insurance for 30K Salary Individuals

Turning your dreams into reality, like owning your home and car

Read more
11 Apr 2024

Government Term Insurance Schemes 2024

The Government of India is committed to the welfare and

Read more
03 Apr 2024

How Policybazaar Helps With Dedicated Claim Assistance

Mr. Kumar has been working with a Public sector bank in Delhi.

Read more
19 Mar 2024

Kotak Term Insurance Login

Kotak Life Insurance is one of the leading insurers offering a

Read more
20 Aug 2014

Term Insurance for Women in India

Term insurance for women is a type of life insurance specifically designed for fulfilling women’s needs and

Read more
03 Dec 2020

What Is Saral Jeevan Bima

Saral Jeevan Bima (SJB) is a simple term insurance plan that offers financial protection for policyholder’s

Read more
13 Apr 2021

2 Crore Term Insurance Plan

2 Crore term insurance provides cover amount of 2 Crore as death benefit to your family in the event of your

Read more
07 Mar 2023

TATA AIA Smart Sampoorna Raksha Param Rakshak Plus

TATA AIA Smart Sampoorna Raksha Param Rakshak Plus is a comprehensive life insurance policy for individuals

Read more
20 Sep 2021

Term Insurance for Diabetics

A lot of people suffer from diabetes in India and one of the most common challenges they face is getting suitable

Read more
Need Help? Request Callback
View Plans
Download the Policybazaar app
to manage all your insurance needs.