Under this plan, you enjoy a life insurance cover over the entire policy term even though you pay premiums for a shorter term.
Life Insurance Cover = Higher of (Basic Sum Assured minus Money back paid/ 10 times3 the yearly premium / 105% of the Total Premiums Paid till death) + Accrued Bonuses4
Double5 Life Insurance Cover is paid to the beneficiary in case of demise due to an accident.
Exide Life Critical Illness Rider and Exide Life Term Rider can be added to enhance the protection by paying a nominal additional premium.
3For entry age of 45 years and above, 7 times the yearly premium applicable.
4 Accrued simple reversionary bonus plus terminal bonus, if any.
5This benefit will be triggered only when life assured is 18 years old.