Exide Term Life Insurance

Exide Term Life Insurance

  • Renew or Buy policy in just 2 mins
  • 1,00,000 + Happy Customers
Get Instant Quotes

(eldest member)
Tobacco ?

Exide Life Term Insurance Company

Exide Life Insurance Company Limited, an established and profitable life insurance company, commenced operations in 2001-02 and has headquartered in Bengaluru. The company is 100% owned by Exide Industries Limited. The company serves over 15 lakh customers and manages assets of over Rs.12000 Crores. During the financial year 2016-17, the company achieved a total premium income of over Rs.2,400 crores and delivered Rs.112 crores in profits (PBT).

Exide Life Insurance distributes its products through multi-channels viz. Agency, Bancassurance, Corporate Agency & Broking as well as Direct Channels. The Agency channel comprises of 50,000 + advisors who are attached to over 200 company offices across the country.

Why Is Term Insurance Required?

Term plan can protect the potential of your children, secure them with a term plan, in the case of any mishaps that will be able to deal with your duties and the responsibilities. Your family will get the death advantage that brings security and pay off the credits. It is important for your family, in case, any mishaps take place with you. It is significant for everyone and especially when you are the primary working member of the household.


Well, when it comes to advantages of term policies, then there are numerous advantages that you can check out, but then here in this section, we will be discussing the significant benefits only for the buyers.

Provide cash so that your family keeps on living with pride.

Term Insurance additionally deals with family, if there is an occurrence of your handicap or essential ailment.

Provides additional salary if there should be an occurrence of loss of income because of unplanned disability or disease.

Get lump sum, if determined to have a severe condition.

Additional safeguarded in the event of accidental death.

Exide Life Term Insurance - Key Features

Term insurance plans are particularly intended to secure your family's money related needs if there should be an occurrence of death or instability. As indicated by the plan, family/needy of the life insured is/are qualified for a single amount sum if there should be an occurrence of death or underlying sickness, if connected for, of the life protected and amid the term of the approach. Such a protection plan can help your family to have sound money related freedom, even if you are not around.

Exide Life Term Insurance Plans

Exide Life Elite Term Insurance Plan

A unique term insurance plan that not only offers a large sum assured at a reasonable premium amount but also rewards you for leading a healthy life during the policy term. Under this plan, you can benefit from lower premiums if you are leading a healthier lifestyle. You will have to undergo a medical examination to purchase this plan.

Exide Life Smart Term Plan

A unique plan that offers you comprehensive protection options and returns the premiums paid by you on completion of the policy term. Under this option, you choose a life cover under classic variant for which you pay an annual premium over the chosen policy term. In addition, you can add a higher life cover to the base cover by paying a nominal additional annual premium. On completion of the policy term, an amount equal to 100% of annual premiums paid by you under classic variant is returned to you.

Documents Required

When it comes to term insurance, it is very important to keep the required documents before filing a claim. Here is the list of useful documents that you may require.

Property tax or municipal tax receipt

Bank account or post office account statement.

Latest utility bills like electricity, gas, and telephone, but it should not be more than 2 months old.

Rent agreement.

Letter of accommodation allotment from State or Central government, financial institutions or listed companies.

Passport size photograph.

Identity Proof: Any one of the below-mentioned documents are to be submitted towards proof of identity.


PAN card

Voter’s identity card

Driving license

Job card issued by NREGA, signed by a State Government officer

Aadhaar card


What is a life insurance policy?

A written agreement issued by a life insurance company to a policyholder, which expresses the coverage agreement between the organization and the policyholder.

Who's a proposer?

The individual that proposes to enter into a contract of insurance with a life coverage organization to insure himself or some other life on whom he has an insurable interest.

Contact Address

Exide Life Insurance Company LTS
Second Floor, Unit No. 203,, Green Wood Plaza, Sector - 45, Near Huda City Centre,
Gurugram, Haryana 122003

Bajaj Allianz Life Insurance News

Low Ulip Charges Would Pull Down The Profits Of Private Life Insurer

During the financial year 2014-2015, private life insurance sector reported a fall in profits by 2.9 % and the industry insiders consider that it was driven majorly by the lower surrender charges on unit-linked insurance plans (Ulips). Anuj Agarwal, MD & CEO of Bajaj Allianz Life Insurance attributed the 15% fall in the organization’s net


Monday June 08, 2015

Exide Life Insurance Introduces Wealth Maxima

26 August, 2015: On Tuesday, Exide Life Insurance Company launched a new unit-linked insurance plan called Wealth Maxima, which gives a choice to increase the life cover amount at different stages of life. This scheme will be available in three different sections- Maxima Invest, Maxima Family, Maxima Child- and provides three choices of the investment


Wednesday August 26, 2015

Exide Life Insurance Launches Digital Campaign

Exide life insurance wants to gift a secured life to consumer and for the same it has launched a digital campaign across social media #MaximaDiwali. The campaign comprises of the latest offering Exide Life Wealth Maxima, a unique unit linked life insurance plan. In a 3 part unusual video series which shows several different conditions,


Thursday November 05, 2015

Insurance Calculator

*Information provided on this webpage/website is only for the purpose of general information & understanding of the topic. PolicyX or any of its subsidiaries does not endorse any of the information provided herewith and are committed in providing correct and unbiased information to its customers helping them make an informed decision.