Exide Life vs Hdfc Investment Life Insurance 2026 | PolicyX

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Overview

Exide Life Insurance: Overview

Exide Life, an established and profitable life insurance company, commenced its operations in 2001-02. The insurance company is headquartered in Bangalore and is a fully owned subsidiary of HDFC. The company manages assets of INR 18,381 Crores (as of 31 March 2021). Exide Life focuses on providing long-term protection and savings plans and has a strong traditional product portfolio. Exide Life insurance plans are diverse and flexible. Recognized as an Economic Times Best Brand in the BFSI category in 2020, Exide Life Insurance constantly emphasizes innovation. They have an extensive geographic footprint with a vast client base and steady technology upgradation. Exide Life Insurance has become a brand that India trusts.

Exide Life Insurance ensures to look after your insurance needs by offering:

  • A wide array of products
  • Multiple premium payment options
  • Tax benefits
  • Premium discounts for non-smokers
COMPANY DETAILS ✎ Edit

Exide Life

✎ Edit

Hdfc Investment

Rating
Number of life insurance plans and add-ons
Annual Premiums Collected (2024-25)

Annual Premiums Collected (2024-25)

₹ 920.58 Crores

Annual Premiums Collected (2024-25)

₹ 000 to No limit
Payout Options

Payout Options

Lump sum, regular frequencies or a combination of both

Payout Options

-
Claim ratio

Payout Options

99.68%

Payout Options

Minimum Age - 5 year%
Solvency Ratio

Solvency Ratio

1.94

Solvency Ratio

80 years
Pan India Presence

Pan India Presence

109+

Pan India Presence

Annual, half-yearly,
Riders Available

Riders Available

Accidental Death, Disability and Dismemberment Rider, Critical Illness Rider

Riders Available

Minimum term - 6 years Maximum term - 30 years
Policy Term

Policy Term

10 to 35 years

Policy Term

5 to 12 years
Inception year

Inception year

-

Inception year

-
Complaint ratio per ₹1 crore of premium collected

Complaint ratio per ₹1 crore of premium collected

-

Complaint ratio per ₹1 crore of premium collected

-
Average claim settlement time

Average claim settlement time

-

Average claim settlement time

-
IRDAI registration number

IRDAI registration number

-

IRDAI registration number

-
Awards and recognitions

Awards and recognitions

-

Awards and recognitions

-
Recommended Videos
Exide Life Insurance Plans | Exide Life Insurance 2025 | Exide Life Insurance Full Details 2025

Exide Life Insurance Plans | Exide Life Insurance 2025 | Exide Life Insurance Full Details 2025

Riders

Riders You Can Avail With Exide Life Insurance Plans

Name of the Riders Benefits
Exide Life Accidental Death, Disability and Dismemberment Rider Under this rider, upon the unfortunate event of disability or dismemberment to the life insured, a lump sum payout will be given to the nominee.
Exide Life Critical Illness Rider Under Exide Life Critical Illness rider, a lump sum equal to the rider sum assured will be payable to the nominee, upon diagnosis of a critical illness during the policy term.

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Expert Reviewed

Reviewed By: Naval Goel

Naval Goel has over a decade of expertise in the insurance sector, having worked with companies like AIG, New York. He is an Associate Member of the Indian Institute of Insurance, Pune, and is authorized by IRDAI to act as Principal Officer of PolicyX.com Insurance Web Aggregator.

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