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Exide Life Term Insurance Policy Status

Exide life term insurance company limited, owned by Exide Industries Limited, is a trusted company offering reliable insurance policies to its customers since 2001-02. The company offers a dynamic range of products suiting its customer’s needs. The company distributes its products through various channels, including agency, direct and online.

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Dedicated claim support for family FREE
Policybazaar team will help and support you at the time of claim. A personal claim handler from our team of experts will get in touch with you when your nominee applies for a claim on our website.
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We will make sure you get what is promised by the advisors. We conduct regular monitoring of our calls to make sure you get the best experience.
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Exclusive lifetime discount upto 5% for buying online
The discounts will be valid for the entire policy payment term and is not available if you choose to buy the insurance through offline agents.
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Our advisors are available in more than 55 cities across India and can help you at your doorstep in understanding the plans and in documentation.
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In case you aren’t happy with your purchase, you can cancel your policy hassle-free at the click of a button. We will help you with the cancellation and refund of your policy.

What Is an Exide Life Term Plan?

Exide Life Term Edge is a comprehensive plan that covers your life and secures a safe financial future for your family. Unforeseen circumstances are every man's nightmare. The plan promises to help your family maintain their lifestyle in case of your unfortunate demise.

Three different options are available under the Exide Life Term plan at affordable premiums. The plan also offers a return of premium option at policy maturity if the policyholder survives the term. However, premiums to access such features remain slightly higher than the standard.

Exide Life Insurance Company offers multiple online services and facilitates checking the policy status online. With this service, the policyholders can easily know if the policy is active or near the renewal date and similar details.

Note: Now that you know that what is Exide Life Term Plan, you should also get to know about what is term insurance to buy a term plan for your loved ones.

one crore term plan
plus

Term Plans

₹1
Crore

Life Cover

@ Starting from ₹ 16/day+

₹50
LAKH

Life Cover

@ Starting from ₹ 8/day+

₹75
LAKH

Life Cover

@ Starting from ₹ 12/day+

How To Check Your Policy Status?

Checking Exide life term insurance policy status online is a quick process. This service is available for both existing and new customers. You can find the details below to check your Exide Life term insurance policy status.

  1. If you are an existing customer

    If you are an existing customer, you can log into your account using a user ID and password to know your policy status. If you do not remember your password or user ID, locate "customer login" on the portal and select "forgot customer ID" or "forgot password." 

    You will be directed to a separate page where you will be required to fill in your policy number and DOB. After submitting, details regarding your policy status will be sent to your registered email or phone.

  2. If you are a new customer

    If you are a new customer, you must register yourself at the web portal by entering your policy number and other credentials. Once you are registered, you can use the credentials to check your policy status by logging in to the official portal of Exide life.

    Best term Insurance Plans in India Best term Insurance Plans in India
  3. Other services

    1. SMS service:

      You can also check the status of your policy via SMS service. The SMS must be sent in a predetermined format on the official number as mentioned on the website. 

    2. Virtual Assistant:

      The virtual assistant is a chat box where you can chat with the AI and get details of your policy status. For your convenience, you can choose your desired language to chat with the AI. You will be required to input your query in the chat box, and the virtual assistant will guide you accordingly.

    3. Mail:

      You can also mail your query directly to the official email of Exide or send it through the "contact us" or "write to us" section on the official website.

one crore term plan

Secure Your Family Future Today

₹1 CRORE

Term Plan Starting @

Get an online discount of upto 15%#

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Why Should You Buy Exide Life Term Insurance?

If you're wondering why you should purchase Exide Life Term Edge, here are some reasons:

  • The plan offers you three options - classic, step-up, and comprehensive.
    • The entry age for classic and comprehensive is 18 to 60 years, while it is 18 to 58 years for step-up.
    • The premium payment term is usually 12 to 30 years with a minimum sum assured for INR 5 lakhs with classic variant while INR 10 lakhs for step-up and comprehensive variant.
    • The maximum maturity age is from 70 to 75 years.
    • The premium payment mode can be monthly, half-yearly or annual. If you choose the monthly mode, you will have to pay 3 months' premium as a lump sum in advance at the inception. 
  • The plan will also allow you to earn up to almost 150% of your premiums paid.
  • In addition to the benefits mentioned above, you will be allowed to enhance your cover with the help of add-ons. These riders can be purchased at the inception or later, whichever is convenient for you.

In Conclusion

If you are the sole earning member of your family, financial protection via term insurance can help you maintain peace of mind. Purchasing a life insurance plan is one of the ways to ensure your loved one’s care after your untimely demise. 

A life insurance plan ensures that your family continues to avail a steady income despite your absence. Exide life insurance policy will be like a financial safety net that will protect your family in case of any financial emergency that may occur upon them owing to your absence.

Note: Check out the best term insurance plan in India and choose one that suits your requirements.

FAQs

  • Q. Why is a term plan important?

    Ans: A term plan is known to provide substantial cover at optimum premium rates. The sum assured provides your family financial assistance in the form of maturity or death benefits. The maturity and death benefits will allow your family to maintain the same standard of living even in the case of your sudden demise. In addition, the term plan ensures you are at peace, knowing that your family's future is secure in case of any mishap.
  • Q. How to buy a life term plan?

    Ans: You can purchase through the online or offline mode. To make the purchase online, you will have to visit the company's website, and to make the purchase offline, visit the nearest branch and speak to the executive.
  • Q. How much life insurance coverage is needed?

    Ans: The coverage depends on many factors like the number of dependents, debts and liabilities, investment needs, and the lifestyle your loved ones follow.
  • Q. What to look for before deciding to buy a policy?

    Ans: One of the key areas that you must research before finalizing your purchase is the company's claim settlement ratio. You must check for a guarantee of return, the lock-in period, and details of the premium paid. You also need to be aware of the policy lapses, how to recover and revive your policy and deductibles. You should also know that you can take a loan on the said policy.
  • How to calculate the term insurance premium online?

    Ans: You can easily calculate the term insurance premium online by using the term insurance calculator online tool
  • What are the benefits of term life insurance?

    Ans: Here are 4 common term insurance benefits:
    • Low premium rates
    • Tax Benefits
    • Death Benefit
    • Long term coverage

Premium By Age

˜Top 5 plans based on annualized premium for bookings made on https://www.policybazaar.com  in the first 6 months of FY 24-25.

Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in

+Rs. 487/month (Rs.16/day) is starting price for a 1 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 38 years of age.

Prices offered by the insurer are as per the approved insurance plans | #All savings and online discounts are provided by insurers as per IRDAI approved insurance plans | Standard Terms and Conditions Apply | **Tax Benefits are subject to changes in tax laws.| Policybazaar Insurance Brokers Private Limited

We will respond in the first instance within 30 minutes of the customers contacting us. 30-minute claim support service is for the purpose of giving reasonable assistance to the policyholder in pursuance of the claim. Settlement of claim (including cashless claim) is the responsibility of the insurer as per policy terms and conditions. The 30-minute claim support is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. For further details, 24x7 Claims Support Helpline can be reached out at 1800-258-5881

For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale

Policybazaar Insurance Brokers Private Limited | CIN: U74999HR2014PTC053454 | Registered Office - Plot No.119, Sector - 44, Gurgaon, Haryana – 122001 | Registration No. 742, Valid till 09/06/2027, License category- Composite Broker Visitors are hereby informed that their information submitted on the website may be shared with insurers. Product information is authentic and solely based on the information received from the insurers.

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+Rs. 820/month is starting price for a 2 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 38 years of age.

+Rs. 1,443/month is starting price for a 5 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 38 years of age.

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