Exide Life Insurance Chennai

Exide Life Insurance Chennai My goal is to provide my clients with a tailor-made insurance policy that perfectly suits his or her needs.

We are an official agent of Exide Life Insurance company which serves over 15 lakh customers and manages assets of over INR 11000 Crores.Exide Life Insurance distributes its products through multi-channels viz. Agency, Banc assurance, Corporate Agency & Broking as well as Direct Channels and we are one amongst them. Let us help you to make those insurance decisions with a complimentary policy revi

ew and a clear explanation of the pros and cons of the policies. We promise to make it as easy and convenient as possible. Call us today and it could be one of the best moves you’ll make this year!

Exide Life Mera Aashirvad : Exide Life Mera Aashirvad is a child insurance plan that guarantees you the money you need t...
01/08/2018

Exide Life Mera Aashirvad :

Exide Life Mera Aashirvad is a child insurance plan that guarantees you the money you need to fulfil your child’s dreams. Your child is assured of the required financial support to fulfill his/her dreams.

Who should buy ?

This plan is suitable for you if you want to guarantee financial help to your child for fulfilling his/her dreams. You can invest in this if you are in age band of 21 – 50 years and you have a child of up to 15 years of age.

4 Reasons to Buy this Plan

1) Guaranteed Life Cover
2) Waiver of Premium
3) Guaranteed Tax Free Maturity Benefit
4) Flexibility to Receive Periodic Payouts

1) Guaranteed Life Cover:

In case of an unfortunate event, your family gets a guaranteed pay out immediately which will be highest of following:

- 10 times the annual premium

- 105% of the premiums paid

- Sum Assured

2) Waiver of premium :

In this plan all the future premiums are waived off in case of an unfortunate event and policy continues till maturity. This takes away the burden of the premium payment from your family.

3) Guaranteed Tax Free Maturity Benefit :

Whatever amount you plan for fulfilling your child’s dreams, you are guaranteed of that amount as sum assured on policy maturity. The sum assured is paid tax free without any deductions.

You save tax on premiums paid under section 80C and on benefit amounts under section 10(10D) of the Income Tax Act.

4) Flexibility to Receive Periodic Payouts :

You have two flexible options to receive the sum assured on maturity:

Option A – In 5 Periodic Payouts: In this option, sum assured is paid in 5 installments spread over last 5 years till the policy maturity, as shown in the illustration below. This ensures a spread out payouts over years towards fulfillment of your child’s dreams.

Option B - Lump sum Payment: You can opt to receive the maturity benefit as a lump sum at the end of the policy term. With this option, you get 5% extra payout i.e. 105% of the Sum Assured is paid on maturity.

If you are interested please feel free to contact us.
Mob No : +91-9710260415

Exide Life New Fulfilling LifeWe have just briefed about one of the most useful and successful policies in Exide Life In...
13/09/2017

Exide Life New Fulfilling Life

We have just briefed about one of the most useful and successful policies in Exide Life Insurance.Please feel free to contact us if you want to opt this plan or if you need clarifications and illustrations.

Contact person :
Lakshmi Narayanan - 9710260415

As a devoted family person you will have various needs and responsibilities of fulfilling your family’s short term as well as long term aspirations, and ensuring that they stay protected even when you are not around. Exide Life New Fulfilling Life is a whole life insurance plan that will help you fulfil all your responsibilities with regular money back for your intermediate needs, along with a life cover till you are 85 years old.

4 Reasons to Buy this Plan

1) Life Cover till age 85
2) Tax Free Wealth creation
3) Get Money Back as you pay premium
4) Consistent Bonus Track Record

1) Life Cover till age 85 :

In this plan you can choose to pay for a few years (12, 16, 20 or 24 years) while your life cover continues till the age of 85. In case of an unfortunate event, your family gets a guaranteed pay out immediately, which will be highest of the following:

* 10 times the annual premium + Accumulated Bonuses

* Sum Assured + Accumulated Bonuses

* 105% of the premiums paid

2) Tax Free Wealth creation :

You are eligible for bonuses from the first year of policy till the age of 85, irrespective of the premium payment term chosen. A tax free lump sum amount equal to sum assured and accumulated bonuses will be given on maturity.

You save tax on premiums paid under section 80C and on benefit amounts under section 10(10D) of the Income Tax Act.

3) Get Money Back as you pay premium :

You start getting guaranteed money backs within a few years of starting the policy. The money backs will equal your sum assured and will be paid over 4 installments.

Eg) If premium paying term is 12 years,then you will get moneyback in 3rd Year(20% of sum assured),6th Year(20% of sum assured),9th Year(20% of sum assured),12th Year(40% of sum assured)

4) Consistent Bonus Track Record :

Since its launch this plan has shown a consistent bonus track record. Bonus is added into policy as a percentage of the sum assured.Average of 7.5% PA.

Important Points :

1) Minimum / Maximum Entry Age :

15 to 50 years (For PPT 12,16 or 20 years)
15 to 46 years (For PPT 24 years)

2) Policy Term :

Till age 85 years

3) Premium Paying Term (PPT) :

12, 16, 20 and 24

4) Minimum Premium

For PPT 12 years : ₹24,000/-
For PPT 16,20,24 years : ₹12,000/-.

5) Modes of premium payment :

Annual, Monthly

Thanks for reading this post and please post your valuable comments.

Contact :
Lakshmi Narayanan
9710260415

Address

Ullagaram
Chennai
600091

Website

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