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.
*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
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 |
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