What is Exide Life Term Plan?
Exide Life Term Insurance is a smart term plan with a focus on providing long term protection. It also has a savings solution element to it with a strong traditional product portfolio along with a consistent bonus track record.
What are its key features?
3 plan options – Classic, Step-up and Comprehensive Flexible premium paying options Guaranteed Return of Premium on completion of Policy Term Enhanced protection through Critical Illness and Accident Riders
What are its benefits?
You can choose from 3 plan options to suit the desired protection You have the flexibility to choose your premium payment term. You can enhance the overall protection by adding riders at a nominal additional premium. Under this plan you save Tax
Why buy insurance on InsureMile online platform?
Because enquiry about insurance quotes, buying of insurance and other transactions are simple, transparent and competitive on InsureMile platform Because InsureMile does not ask you for your phone number or email details, thus you are not harassed by unwanted calls or mail. Because InsureMile will guide you, whenever you need any assistance
What is the claim ratio?
The Claim Settlement Ratio is 96.40% of the total claims of 2,973 reported for the financial year 2016-17.
The most important differentiator is InsureMile’s ‘Buy A Policy, Feed A Child’ mission. For every policy you buy, InsureMile on your behalf contributes 25 meals to a child. You are thus becoming part of a Social Movement to eradicate hunger among children in India. There is no additional amount to be paid for the social cause. It is part of the premium. You can claim tax benefits for the donation you have made.