Elite Term Insurance Plan

Get 1 crore term insurance

in Just two simple steps

Get Quote

I am

Male

Female

My Date of Birth is

DD/MM/YYYY

Do you Smoke or Chew Tobacco?

Yes

My Full Name is

My Email ID is

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Get 1 crore term insurance

in Just two simple steps

Choose Your Life Cover

Get Quote

I am

Male

Female

My Date of Birth is

DD/MM/YYYY

Do you Smoke or Chew Tobacco?

Yes

My Full Name is

My Email ID is

My Mobile Number is

Disclaimer Disclaimer

What is Exide Life Elite Term Insurance Plan?

You strive, work hard and aim to protect your family from unfortunate scenarios in life. Here is a plan which helps you build a strong financial foundation to protect your family’s future even if you are not around.

Presenting Exide Life Elite Term Insurance Plan - a unique Term Insurance Plan that offers large sum assured at a reasonable premium amount.

Get a Quote Now

3 Reasons to Buy this Plan

Who should buy?

The plan is a must for all bread winners to make sure your family’s financial future always remain protected. It is recommended that at any given time, you should have life insurance coverage equivalent to 5 to 20 times your annual income.

I'm Interested Buy Online

Substantial Life Cover at affordable premiums+ -

If you do not smoke or consume tobacco, you are offered standard non smoker premium rates.
Benefit of lower premium rates by opting for higher Sum Assured.
Lower Premium rates are applicable for females.

Let’s understand this with a simple example.

Ramesh who is 40 years old works with a private firm. Ramesh doesn’t smoke or chew tobacco. He decides to buy Exide Life Elite Term Insurance Plan for a sum assured of ₹2 Crores with a Policy and Premium Payment term of 30 years. Ramesh is required to pay an annual premium of ₹31,832 for 30 years.

Premium mentioned above is exclusive of GST.

Option for Family Income Payout for 5 or 10 years + -

While applying for this plan, you can choose how you would like your nominee to receive policy payouts. There are 3 flexible pay-out options to choose from:

Payout Option	How is the pay-out made?	Illustration: Sum Assured = ₹2 Crore
Option A: Lumpsum Payout	100% Sum Assured is paid in a single pay-out	₹2 Crore is paid as lump sum
Option B: Lumpsum with Family Income Payout	50% of Sum Assured is paid as lumpsum and 0.95% of Sum Assured is paid every month for 60 months (5 years)	₹1 crore as Lump sum + ₹1.9 lakhs every month for 60 months (5 years)
Option C: Family Income Payout	1.07% of Sum Assured is paid every month for 120 months (10 years)	₹2.14 lakhs every month for 120 months(10 years)

Option for policy term extension by 5 or 10 years + -

You can choose to increase your policy term by 5 or 10 years by agreeing to pay a higher premium without any change in the premium payment term. The extended term shall be offered where the available maximum policy term at the given age at entry has been opted. This option is only available at inception of policy.

Enhanced protection through Riders: + -

Enhance the protection cover by adding the following riders to your policy at a nominal additional premium.

Exide Life Accidental Death Disability and Dismemberment Rider
Exide Life Critical Illness Rider covering up to 25 critical illnesses

Tax Savings as per prevailing tax laws

Minimum age at entry	21 years age last birthday
Maximum age at entry	60 years age last birthday
Maximum Maturity Age	70 years (As per last birthday) 80 years age (If extended term opted for)
Policy Term	Regular Premium (RP): 10 to 40 years Extended Term: Maximum Policy Term + 5 or + 10 years
Premium Paying Term (PPT)	Regular Pay : Same as Policy Term No premiums are payable during the extended term
Minimum Sum Assured	₹50 Lakhs
Maximum Sum Assured	No Limit ( Subject to underwriting guidelines)
Premium Mode	Annual Half Yearly Monthly

Product Brochure + -

Exide Life Elite Term Insurance Plan

Terms & Conditions + -

Exide Life Elite Term Insurance Plan

Get a Quote

Get 1 crore term insurance

in Just two simple steps

Get Quote

I am

Male

Female

My Date of Birth is

DD/MM/YYYY

Do you Smoke or Chew Tobacco?

Yes

My Full Name is

My Email ID is

My Mobile Number is

Disclaimer Disclaimer

Get 1 crore term insurance

in Just two simple steps

Choose Your Life Cover

Get Quote

I am

Male

Female

My Date of Birth is

DD/MM/YYYY

Do you Smoke or Chew Tobacco?

Yes

My Full Name is

My Email ID is

My Mobile Number is

Disclaimer Disclaimer

About This Plan

What is Exide Life Elite Term Insurance Plan?

Presenting Exide Life Elite Term Insurance Plan - a unique Term Insurance Plan that offers large sum assured at a reasonable premium amount.

Get a Quote Now

4 Reasons to buy

3 Reasons to Buy this Plan

Who Should Buy

Who should buy?

I'm Interested Buy Online

Key Benefits

Substantial Life Cover at affordable premiums+ -

If you do not smoke or consume tobacco, you are offered standard non smoker premium rates.
Benefit of lower premium rates by opting for higher Sum Assured.
Lower Premium rates are applicable for females.

Let’s understand this with a simple example.

Ramesh who is 40 years old works with a private firm. Ramesh doesn’t smoke or chew tobacco. He decides to buy Exide Life Elite Term Insurance Plan for a sum assured of ₹2 Crores with a Policy and Premium Payment term of 30 years. Ramesh is required to pay an annual premium of ₹31,832 for 30 years.

Premium mentioned above is exclusive of GST.

Option for Family Income Payout for 5 or 10 years + -

While applying for this plan, you can choose how you would like your nominee to receive policy payouts. There are 3 flexible pay-out options to choose from:

Payout Option	How is the pay-out made?	Illustration: Sum Assured = ₹2 Crore
Option A: Lumpsum Payout	100% Sum Assured is paid in a single pay-out	₹2 Crore is paid as lump sum
Option B: Lumpsum with Family Income Payout	50% of Sum Assured is paid as lumpsum and 0.95% of Sum Assured is paid every month for 60 months (5 years)	₹1 crore as Lump sum + ₹1.9 lakhs every month for 60 months (5 years)
Option C: Family Income Payout	1.07% of Sum Assured is paid every month for 120 months (10 years)	₹2.14 lakhs every month for 120 months(10 years)

Option for policy term extension by 5 or 10 years + -

Enhanced protection through Riders: + -

Enhance the protection cover by adding the following riders to your policy at a nominal additional premium.

Exide Life Accidental Death Disability and Dismemberment Rider
Exide Life Critical Illness Rider covering up to 25 critical illnesses

Tax Savings as per prevailing tax laws

Key Features

Minimum age at entry	21 years age last birthday
Maximum age at entry	60 years age last birthday
Maximum Maturity Age	70 years (As per last birthday) 80 years age (If extended term opted for)
Policy Term	Regular Premium (RP): 10 to 40 years Extended Term: Maximum Policy Term + 5 or + 10 years
Premium Paying Term (PPT)	Regular Pay : Same as Policy Term No premiums are payable during the extended term
Minimum Sum Assured	₹50 Lakhs
Maximum Sum Assured	No Limit ( Subject to underwriting guidelines)
Premium Mode	Annual Half Yearly Monthly