LIFE INSURANCE 4 U
Exide Life New Fulfilling Life Exide Life New Creating Life Insurance Regular
It is money back cum endowment policy. Policy
covers upto the age 85 years. Policy payment
period is 12 / 16 / 20 /24 years
Sample illustration:
30 year old Mr.Rajan saves Rs.60,000/- p.a. for 16
years in Exide Life New Fulfilling Life. Sum
Assured will be Rs.6.21 L. He gets survival benefit
during 4th, 8th, 12th year Rs.1.24 L each time and
16th year Rs.2.48 L. In addition a sum assured +
Bonus + Terminal bonus = Rs,44.30 L will be the
maturity value at the age of 85 years.
Exide Life Income Advantage Plan
It is for those want savings, regular payout and
maturity. Pay during first half, get income during
second half.
Mr.Ravi, a 30 year old working professional has a
one year old child. Ravi wants to ensure that his
family’s growing needs are taken care of and also
wants to save sufficiently for his child’s future. So,
he invests Rs.60,000/- every year for 15 years in
Exide Life Income Advantage Plan. This sum
assured is Rs.5.82L. 16th year to 30th year the
Income will be Rs.77816 with Maturity benefit
Rs.13.34 L at the end of 30th year.
Exide Life Assured Gain Plus.
Purely investment with lump sum maturity amount.
Mr. Ramesh is 30 year old salaried professional
who has a 2 year old daughter Nikita. He is
planning to save money for Nikita’s higher
education. He invests Rs.1 lac p.a. for 5 years in
Exide Life Assured Gain Plus with policy term of 15
years and gets a Sum Assured on Maturity of
Rs.12.25 lac.
It is suitable for those having kids. Policy covers
father until the kids getting marriage / higher
education etc. Waiver of premium included. Policy
payment period is 12 / 16 / 20 /24 years
30 year old Mr.Suresh has a 2 year old son and
wants to save Rs.20.00 L for his higher education.
He saves Rs.60,000 for 16 year. The Sum assured
is Rs.7.34L. Mr.Suresh gets a sum assured + Bonus
+ Terminal bonus of Rs.20.23L when his son
reaches 18 years. If there is any incident the Sum
assured will be given to child. Future premium will be
waived off. The policy as usual gives above maturity
at the age of 18.
Exide Life Golden Years Retirement Plan
It is suitable for those interested to get pension with
little investment. Flexibility on premium payment term
and top ups.
30 year old Mr.Ashok, invests Rs.60000 per annum
for 15 years in Exide Life Golden Years Retirement
Plan while the plan continues for 25 years. At the
age of 55 years he opt for pension. The retirement
corpus accumulated will be Rs.25.85L and the
pension will be Rs.1.45 L.
Exide Life Smart Term Plan
A unique plan that offers you comprehensive
protection options and returns the premiums paid on
completion of policy term.
Mr.Ravi, 30 years old professional likes to insure his
life for Rs.1 Crore. He pays premium of Rs.22075/-
per year for 30 years. When everything goes
smooth at the end of 30th year he gets back his paid
premium of Rs 662250/-. When problem occurs 1
Crore will be provided
We have considered the age of Life assured is 30
years in all the above policy workings.
Exide Life Insurance Company Limited, an
established and profitable life insurance company,
commenced operations in 2001-02. The company is
100% owned by Exide Industries Limited. Exide Life
is IRDA registered insurance company