Compare & Buy Car, Bike and Health Insurance Online - InsuranceDekho
Track & Policy DownloadLogin
HomeTerm InsuranceTerm Insurance CompaniesExideExide Faq

Exide Life Term Insurance FAQs

151 reviews Rate This
Exide Life Term Insurance
Highlights
Claim Settlement Ratio98.54%
Customer Care9:00 AM to 7:00 PM
Death Benefit Paid For3,404 Policies
Inception2001
Presence200+ Offices
Total Death Benefit PaidRs. 88.95 Crore

Term Life Insurance Premium Calculator

Gender

  • Male
  • Female

Date of Birth

calendericon

Do you smoke or chew tobacco?

  • Yes
  • No

Choose required coverage to secure your family’s future

50L
1Cr
1.5Cr
2Cr
Disclaimer :
1. Premium has been calculated for coverage till 60 years
2. Eligibility depends on income, occupation and educational qualification

Best Exide Life Term Insurance Plans

1 Crore
2 Crore
  • LIFE COVER
    Tax Free
     ₹1 Cr
  • CLAIMS SETTLED ₹99.7%
Starting From ₹ 688/Month
Key Features:
  • Right Green Tick Revised Zero Cost Benefit
  • Right Green Tick Terminal Illness
  • Right Green Tick Cover Continuance Benefit
  • Right Green Tick Insta-Payment on Claim Intimation
  • Right Green Tick Nominee's Choice payout
  • LIFE COVER
    Tax Free
     ₹1 Cr
  • CLAIMS SETTLED ₹99.2%
Starting From ₹ 730/Month
Claim Settlement 24hr Claim Settlement
Key Features:
  • Right Green Tick Waiver of Premium on Disability
  • Right Green Tick Terminal Illness
  • Right Green Tick Life Stage Benefit
  • Right Green Tick Special Exit Benefit
  • LIFE COVER
    Tax Free
     ₹1 Cr
  • CLAIMS SETTLED ₹99.4%
Starting From ₹ 771/Month
Claim Settlement 24hr Claim Settlement
Key Features:
  • Right Green Tick Terminal illness
  • Right Green Tick Special Exit - Option to get your premiums back
  • Right Green Tick Renewability Option
See More Plans

Benefit

  • Can I as an NRI buy an Exide Life term insurance plan?

    Yes, you can! To apply for a term insurance plan, you can write to or contact Exide Life Insurance.

  • Will I be eligible for tax benefits on buying term insurance?

    Yes! Investing in a term insurance plan will grant you tax benefits under Section 80C up to Rs 1.5 Lakh.

  • What is the free-look period associated with term insurance plans?

    The free-look period associated with term insurance at Exide Life Insurance is 15 days. The free-look period is 30 days if policy is purchased through distance marketing.

  • Can I change the duration of the term insurance policy after purchasing?

    No! The insurance company does not allow making any changes to the policy term after policy purchase.

  • Can riders help me enhance my term insurance policy coverage?

    Yes! With the help of suitable riders you can enhance your policy cover at a minimal premium price.

Claim Settement

  • Who can lodge the Exide Life Insurance term insurance claim?

    If it is a death claim, the nominee has to lodge the claim. Otherwise, the policyholder lodges the claim.

  • Who can be a nominee in the Exide Life Insurance term insurance policy?

    As per the law, the policyholder can nominate any person as the nominee. However, in practice, the closest of kin is the nominee.

  • Can the Exide Life Insurance nominee be a minor?

    Yes, a nomination is permissible in the name of a minor, but the policyholder has to nominate a major person to receive the proceeds on the minor's behalf.

  • What happens if the nominee dies before the Exide Life Insurance policyholder?

    The policyholder can appoint a fresh nominee at any time.

  • Can Exide Life Insurance reject the term insurance claim?

    If there is any misrepresentation of information at any stage of the policy, the company can decline the claim.

Over View

  • Is there any maturity amount in the Exide Life Insurance term insurance plans?

    There is no maturity amount in Exide Life Insurance term insurance plans. However, some plans offer up to 100% to 150% return of premiums paid by you.

  • What is meant by limited pay but full cover in Exide Life Insurance?

    Exide Life Insurance offers an exciting term insurance plan where you pay a premium for periods ranging from five to twelve years but enjoy life cover for the entire policy term.

  • What is the maximum age up to which life cover is available in Exide Life Insurance term insurance?

    Life cover in Exide Life Insurance term plan is available till the insured person attains 80 years of age.

  • Is medical check-up compulsory in the Exide Life Insurance term insurance plan?

    One specific Exide Life Insurance term insurance plan, Exide Life Term with Return of Premium Plan does not insist on conducting medical check-up when issuing life cover. It is compulsory in all the other plans.

  • Can you buy an Exide Life Insurance term insurance plan online?

    Yes, you can purchase an Exide Life Insurance term insurance plan online at the official website of Exide Life Insurance. You can also purchase term insurance online at InsuranceDekho.

Plans

  • Why should I buy a term insurance plan?

    Buying term insurance will grant you multiple benefits like optimum life insurance cover, tax benefits, peace of mind, and financial security of your loved ones.

  • Is it safe to buy term insurance online?

    Yes! Buying term insurance online is completely safe as all your details are kept confidential. Moreover, premiums are paid through secured payment gateways.

  • How much cover should I opt for under term insurance plan?

    Ideally, your term insurance cover should be at least 10 times your annual income.

  • Will my term insurance be tax free?

    You will be able to avail Rs. 1.5 lakh from your taxable income for your term insurance plan premium. Note that the proceeds received from term insurance after the demise of the policyholder is also tax exempt under section 10(10D).

  • What are the documents needed to buy online term plans?

    The list of documents includes age proof, proof of residence, salary slips/income proof, recent passport-sized photographs and medical reports.

Premium Calculator

  • Is there a different premium calculator for the various Exide Life Insurance plans?

    Although each plan is unique, there are no separate calculators for different plans. This customisable calculator can provide accurate premium information.

  • Can you add the riders in this Exide Life Insurance premium calculator?

    The premium of the riders can be calculated separately and added to the pre-existing premium of the Exide Life Insurance.

  • What are the factors that determine your Exide Life Insurance term insurance premium?

    Various factors like the insured sum, the policy term, gender, your age, and smoking habits determine the premium amount.

  • Is the Exide Life Insurance premium calculator trustworthy?

    Yes, this calculator is an excellent tool which will provide you with an accurate premium amount depending on your inputs.

  • What difference does smoking habits make to the Exide Life Insurance premium calculation?

    Smokers have to pay a higher premium when compared to non-smokers because the company deems it a high risk.

User Reviews

4.9
Rating based on
151 User reviews
Write your review
What users are saying
  • All
  • User friendly Website

    The InsuranceDekho website is designed in such a good way that anyone can easily go through the different sections of the website and pick the desired plan. I did the same and after a lot of research ended up buying the Exide term insurance plan from InsuranceDekho.

    Read More

    D
    Exide
    By Deeksha Gaur
    On: Dec 18, 2023
  • A must-buy term plan

    I recommend others to buy the Exide Life Term Insurance Policy from InsuranceDekho. The reason is that the plan has umpteen benefits to offer at a very affordable price.

    Read More

    G
    Exide
    By Girish Panchal
    On: Nov 22, 2023
  • Transparent and Clear Policies

    I'm impressed with how transparent InsuranceDekho is about their policies. While purchasing the Exide Term Insurance- Elite Term Insurance Plan all the terms and conditions were laid out clearly, so you know exactly what you're getting. No hidden surprises. That's the kind of honesty you want in an insurer.

    Read More

    K
    Exide
    By Khushi Goel
    On: Oct 10, 2023
  • Great Follow-Up

    The team at InsuranceDekho doesn't just sell you a policy and forget about you. They follow up regularly to ensure your coverage remains up to date. They make sure to take an update of my Exide Life Term Insurance Policy on a regular basis.

    Read More

    A
    Exide
    By Anushka Rawat
    On: Sep 27, 2023
  • Prompt Policy Issuance

    I received my Exide Life Term Insurance Policy documents promptly after approval, which reflects InsuranceDekho's efficiency and professionalism.

    Read More

    S
    Exide
    By Smriti Gandhi
    On: Sep 13, 2023
View All Exide Life Term Insurance Reviews
Must BuyMust Buy

Why to Buy Term Insurance Policy Online from InsuranceDekho

  • Tax benefit upto 1,50,000*
  • Claim support everyday 10AM-7PM
  • 80 Lacs+ happy customers

Term Insurance News

View All News

Exide Life Term Insurance Contact Details

Reach us for help anytime

Claim Process at Exide Life Term Insurance

  • 1

    Claim Intimation

    In the case of death of the life assured, a claim intimation to the insurance company must be made as early as possible.
  • 2

    Submission of Documents

    Claim form, death certificate, original policy document, and more documents must be submitted to ensure smooth claim settlement.
  • 3

    Claim Evaluation

    Once the documents are submitted, the insurance company will conduct thorough evaluation of the claim filed.
  • 4

    Claim Settlement

    If claim request is approved, claim settlement is done within 30 days. If additional investigation is required, it make take 6 months.

Best Insurance Advisors in Your City.

Partner Term Insurance Companies

View All Term Insurance Companies

Disclaimer: InsuranceDekho does not endorse, rate or recommend any particular insurance company or insurance plan.

You May Also Be Interested in

    View All Term Insurance FAQ

    Insurance Calculators