Exide Life Insurance Company Limited offers couple of endowment plans called the Exide Life Secured Income Insurance Plans. This type of plan will help you grow your savings in the form of long-term benefits and provide a regular income for your family in your absence. The 2 types of Exide Life Secured Income Insurance Plans are:
Following are the benefits of choosing Exide Life Secured Income Insurance Plans:
|Discount rate||Secured Income Insurance Plus||Secured Income Insurance RP|
|0%||Less than Rs.48,000||Less than Rs.24,000|
|3%||Rs.48,000 to less than Rs.60,000||Rs.24,000 to less than Rs.48,000|
|5%||Rs.60,000 to less than Rs.72,000||Rs.48,000 to less than Rs.60,000|
|7%||Rs.72,000 and above||Rs.60,000 and above|
Exide Life Insurance offers 2 types of secured income insurance plans:
This is a non-linked participating insurance plan, offering systematic savings opportunity, tax-free returns, and protection against unforeseen circumstances. Enjoy life cover with family income benefit. This plan is suitable if you want to save up for long-term financial goals. As this is a participating endowment insurance plan, you will be given a share in the profits of the company's participatory fund in the form of bonuses.
Following are the benefits and features of Exide Life Secured Income Insurance Plus:
This is a non-linked participating insurance plan, offering life cover with family income benefit, enhanced protection for health, and attractive tax-free returns. This plan is designed to provide a combination of savings and protection. If you want guaranteed returns with minimum risk in investments, then this plan is best suited for your financial needs.
Following are the benefits and features of Exide Life Secured Income Insurance Regular Pay:
|Plan Name||Entry Age||Maturity Age||Premium|
|Exide Life Secured Income Insurance Plus||0 years to 50 years||18 years to 70 years||Minimum Annual Premium:
|Exide Life Secured Income Insurance Regular Pay||0 years to 55 years||18 years to 70 years||Minimum Annual Premium: Rs.12,000 Minimum Monthly Premium: Rs.1,000 Maximum Premium: No limit|
Exide Life Insurance Company Limited offers 2 types of secured income insurance plans that are designed to help you financially protect your family in the case of an unfortunate event. Your family will be paid Guaranteed Death Benefit in the form of a lump sum amount or regular income over a period of 60 months. You also get tax-free maturity benefits and tax savings on premiums paid under Section 10(10D) and Section 80C, respectively.
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