Get ₹1 Crore Life Cover
for as low as ₹18 per day1

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Secure your family's financial future today with
Exide Life Elite Term Insurance Plan

5 key reasons to buy

  • Life Insurance with affordable premium

    Substantial term life
    insurance cover at
    affordable premiums

  • Claim Settlement

    97.03% Claims
    settled2

  • Insurance Payout Options

    Choice of 3 payout options

    • Monthly Income for 120 months
    • 50% Lumpsum + Monthly Income for 60 months
    • 100% Lumpsum
  • Insurance Coverage

    Term life insurance
    coverage up to
    80 years of age

  • Tax savings

    Save tax up to
    ₹46,8003

Your family is your responsibility

About Exide Life Insurance

Exide Life Insurance Company Limited, an established and profitable life insurance company, commenced operations in 2001-02 and is head quartered in Bengaluru. The company is 100% owned by Exide Industries Limited. The company serves over 15 lakh customers and manages assets of over ₹12,000 Crores. During the financial year 2016-17, the company achieved Total Premium Income of over ₹2,400 crores and delivered ₹112 crores in Profits (PBT).

+ Disclaimer

1 The premium mentioned is illustrated for 30 year old non- smoking male paying premium for Exide Life Elite Term Insurance Plan with a premium payment term and policy term of 20 years under super elite premium category.

  • ⚬ The total premium payable is ₹ 6,364 per annum exclusive of GST(The premium per day is arrived by dividing ₹ 6,364/365days=₹ 17.43, rounded up to the nearest whole figure of ₹ 18).
  • ⚬ The total premium payable is ₹ 5,978 per annum exclusive of GST(The premium per day is arrived by dividing ₹ 5,978/365days=₹ 16.37, rounded up to the nearest whole figure of ₹ 17)
  • ⚬ The total premium payable is ₹ 3,986 per annum exclusive of GST(The premium per day is arrived by dividing ₹ 5,978/365days=₹ 10.92, rounded up to the nearest whole figure of ₹ 11)

2 Total number of claims settled versus the total number of claims reported in FY 2018-19.

3 Tax savings of INR 46,800 is calculated at the highest tax slab of 30% plus Health and Education Cess on premium payment of INR 1,50,000 u/s 80C of Income Tax Act 1961.

Exide Life Elite Term Plan Insurance Plan UIN: 114N089V01 is a Non Linked Non-Participating Term Insurance plan. Premium is exclusive of Goods and Services Tax (GST). Premium quote may vary depending on age at entry, gender, chosen premium payment term, policy term and Sum Assured. Final premium would be arrived at post medical evaluation complying to underwriting guidelines. For more details on risk factors, terms & conditions, please read the sales brochure of the product carefully before concluding a sale. 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 - 560 001; Toll Free: 1800 419 8228; Visit: exidelife.in.

IRDAI Notice: Beware of spurious phone calls and fictitious/fraudulent offers: IRDA clarifies to public that IRDA or its officials do not involve in activities like sale of any kind of insurance or financial products nor invest premiums. IRDA does not announce any bonus, public receiving such phone calls are requested to lodge a police complaint along with details of phone call, number.