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Definitely, the future of a child is a massive responsibility. And, just to fulfil this responsibility, you would have to invest in better options. That is where a child plan comes into the picture. Not just they are affordable but can also cover untimely deaths.
Although there are plenty of options available out there, however, you can take out some time to discover more about Exide Life child plans. Here, you can find three different options to choose from. Thus, it will be less confusion and more clarity.
So, what are you waiting for? Scroll down and find out every bit of information you may need to make a better decision.
This Exide Life Insurance is a unit-linked insurance plan that comes with the benefit of Offering child welfare in case the policyholder passes away. The nominee gets the payouts and benefits as promised at the time of policy maturity. Under this plan, in case of the insured’s death, the child becomes eligible to the sum assured as well as the top-up sum assured. Also, Exide Life pays all the future premiums from the following month of death until the policy matures.
Eligibility Criteria | Requirements |
---|---|
Entry age | 18 – 50 years |
Maturity age | Up to 65 years |
Policy tenure | 10 – 20 years |
premium payment term | Regular |
Sum assured | 7 x or 10 x of the annualized premium |
Premium amount | Rs. 6,000 – Rs. 7,80,000 |
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Under this Exide Life Insurance plan, you get two different options to choose from:
Exide Life New Creating Life Insurance Regular Pay: This one is a non-linked participating life insurance plan that demands regular payment of premiums for the entire tenure. It provides Life Cover that has Family Income Benefit for the time if the policyholder passes away suddenly along with future premiums waiving option.
Exide Life New Creating Life Insurance Plus: This second option under the Exide life child protection plan is also a non-linked one that provides a wide Range of advantages, including Family Income Benefit in the Live Cover. It also has an option that waives off future premiums in case of an untimely death.
Eligibility Criteria | Requirements |
---|---|
Entry age | 18 – 45 years |
Maturity age | Up to 60 years |
Policy tenure | 10 – 20 years |
Premium payment frequency | Monthly or annually |
Sum assured | Unlimited |
Premium amount | Rs. 12,000 – Unlimited |
This is one of the Exide life insurance best plans that is a non-linked participating type of child insurance. By taking this policy, you can ensure an excellent way to acquire child protection and increased savings Portfolio at the same time. With this plan, your child becomes eligible to get a gamut of guaranteed benefits as a nominee.
Eligibility Criteria | Requirements |
---|---|
Entry age | 21 – 50 years |
Policy tenure | Premium payment term + 60 months |
Premium payment frequency | Monthly or annually |
Sum assured | Rs. 3,50,000 - Unlimited |
Premium payment term | 10 – 20 years |
To avail any of these policies mentioned above, you would have to submit these documents:
1800-419-8228
care[@]exidelife[dot]in
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