Exide Life Guaranteed Income Investment Plan

Exide Life Guaranteed Income Insurance Plan is a traditional savings plan which gives the triple benefit of savings, regular incomes and life insurance coverage.

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Distribution - Number of branches pan India (March 2019)
212

Entry Age Minimum/Maximum (Years) - Term Plans
18/60

Sum Assured Minimum / Maximum - Term Plans
15 lacs / as per T&C

Policy Term Minimum / Maximum (Years) - Terms Plans
15/40

Solvency Ratio (FY 2018-19) *
2.08

Number of Policies Sold (Ind+Group) *
190,460

Number of Lives Covered (Ind+Group) **
2,069,510

Claims Settlement Ratio (Ind+Group) ***
98.67%

* - As per IRDAI data 2018-19 - The solvency ratio of an insurance company is the size of its capital relative to all the risk it has taken, which is all liabilities subtracted from total assets. In other words, solvency is a measurement of how much the company has in assets versus how much it owes
** - as per L-25 Public Disclosure of Insurance Companies for 2019-20 | *** - Claims Settlement Ratio = Claims Settled in the year / Claims Reported in the year - as per IRDAI data published

Exide Life Guaranteed Income Investment Plan Overview

• Key Benefits
• Eligibility

Key Benefits of Exide Life Guaranteed Income Investment Plan

• Life Cover up to 85 years of age; or option for Whole Life coverage (till age 100 years)
• Flexible Premium Paying Term
• Lower premium rates for female lives1 and Standard premium rates for non-smokers
• Enhance your protection with Optional Rider2
• Large Sum Assured discount for Higher Coverage
• Receive tax benefits3, as per the applicable Income Tax laws

Eligibility Criteria of Exide Life Guaranteed Income Investment Plan