Exide Life Guaranteed Wealth Plus Disclaimer
~This applies to Income Variant. 350% returns, refers to sum total of Guaranteed Income payable annually for 30 years starting from the end of 8th policy year to the end of policy term of 37 years and Return of Premium as lump sum at maturity, subject to survival of life assured up to policy maturity date and all premiums being paid as and when due. 350% refers to Sum total of Guaranteed Income payouts during the policy term and maturity benefit (return of all the Premiums paid) as percentage of total annualized premiums paid during the premium payment term of 6 years. 350% returns are calculated for Life Assured with any age at entry between 11 to 40 years and Annual premium of Rs. 2,00,000 to be paid for premium payment term of 6 years. Guaranteed Income payable will be Rs. 1,00,000 p.a. for a fixed period of 30 years starting from the end of 8th policy year. At the end of the policy term total premiums of Rs. 12,00,000 paid by policyholder would be returned as lump sum at maturity of the policy. In total policyholder gets back 42 lakhs as survival and maturity benefit which makes 350% of total annualized premiums paid by the policyholder. These percentages depend on entry age and premium amount chosen by you on date of inception of policy.
*Tax benefits as per prevailing tax laws which are subject to change from time to time. Goods and Service Tax (GST) shall be levied as per prevailing tax laws which are subject to change from time to time.
@For monthly premium payment mode, 3 monthly premiums are collected in advance on the date of commencement of the policy.
^Claim settlement ratio:Total number of claim settled in FY 2020-21 V/S Total number of claims reported in FY 2020-21.
Exide Life Guaranteed Wealth Plus UIN: 114N119V01 is a Non-Linked, Non-Participating Individual Life Insurance Savings Plan. For more details on risk factors, terms and conditions, please read the sales brochure of the product carefully before concluding a sale..
By submitting your contact details (Telephone number), you authorize Exide Life Insurance and/or its authorized service provider to verify the above information and/or contact you in relation to the insurance products sold by Exide Life insurance even if this telephone number is presently or subsequently registered on the Provider. Do Not Call/Do Not Disturb Register or the National Do Not Call Register.
Exide Life Insurance Company Limited is a wholly owned subsidiary of Exide Industries Limited. The trademark “Exide” is owned by Exide Industries Limited and licensed to Exide Life Insurance vide Trademark license agreement dated 30th October 2014. Exide Life Insurance Company Limited. IRDAI Registration number: 114, CIN: U66010KA2000PLC028273, Registered Office: 3rd Floor, JP Techno Park, No. 3/1, Millers Road, Bengaluru - 560001, India. Toll Free: 1800 419 8228; Visit: exidelife.in, ARN:EXL/2021-22/ONLINE/091
Beware of Spurious/ Fraud Phone Calls: IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.