Exide Life Insurance Company Limited, a reputable and successful life insurance provider, started doing business in Bengaluru in 2001–2002 and has its headquarters there. HDFC Life is the sole owner of the business. Agency, BancAssurance, Corporate Agency & Broking, Direct Channel, and Online are the distribution channels Exide Life Insurance uses to market its products. Over 45,000 advisors work as part of the agency channel for over 200 corporate locations nationwide. Exide Life Insurance has a solid traditional policy portfolio with a continuous bonus track record and focuses on offering long-term protection and savings solutions.

Awards & Recognition won by the company tell us that the company is working hard to achieve its goals. So, let us glance at some of the awards the Exide Life Insurance company won.

  • In a Nielsen national survey, Exide Life Smart Term Plan won the 2019 Product of the Year award.
  • The Insurance Asia News Awards' 2018 declared Exide Life Insurance as the Digital Insurer of the Year (India).
  • The "National Awards for Marketing Excellence 2016" gave the "Best Use of Social Media" award for the #NoMoreShortCuts campaign.
  • The Indian Insurance Awards Year - Exide Life Insurance won 2016. According to a report, Exide Life Insurance's insurance agents had the "highest average productivity in business acquired.”

Important Features & Benefits of Exide Life Insurance

Because of its multi-channel strategy, which includes bancassurance, and online channels, Exide Life Insurance has a significant presence throughout India. Let us glance at some of the important features & benefits of the company.

01

Prestigious Company

The company has won many awards ever since entering the world of life insurance. These awards showcase the hard work done by the company in recent times by delivering exceptional results.

02

Wide Range of Products

Exide Life Insurance offers a wide range of products, including retirement plans to ensure your senior years, savings and investment plans to help you reach your goals in life, and protection plans to help your family's financial stability.

03

Good Claim Settlement Ratio

Exide Life Insurance offers a really good CSR. The numbers currently stand at 98.54% for the 2020–21 fiscal year. It is a fantastic illustration of the business's top-notch client support.

04

Exemplary Customer Service

The main goal of Exide Life Insurance is to satisfy its clients. Your insurance plans can be renewed using simple processes. Exide Life Insurance wins the trust of its policyholders by offering one of the most user-friendly claim processes, giving them confidence that their family's future is secure.

Life Insurance Plans Offered by Exide Life Insurance

Online life insurance options are available from Exide Life Insurance. Let's examine the categorisation now.

Protection Plans

Child Plans

Savings & Investment Plans

Retirement Plans

How to Buy Exide Life Insurance

The procedure for purchasing life insurance is easy and hassle-free. First, let's look at the Exide Life Insurance online buying process.

Buy from "RenewBuy.com"

  • Visit the official site of "RenewBuy".
  • Select the "Life Insurance Plan" tab.
  • Select the Best Life insurance policy.
  • Fill in all the important details.
  • Click on "Buy Now".
  • Make the payment.

Buy From the Official Website of Exide Life Insurance

  • Go to the official website of Exide Life Insurance
  • Click on the tab “Life Insurance”
  • Select the best Life insurance plan
  • Fill in the required details.
  • Click on “Buy now”
  • Once you've made the payment, your life insurance policy will be delivered to the email address you've provided.

Claim Settlement Process Online

Under the terms of the Exide Life Insurance Policy, filing a claim is a straightforward process. Simply follow the steps below to submit a claim to Exide Life Insurance Company.

  • As soon as the loss occurs, file your claim.
  • Use the claim intimation form available at your nearest Exide Life Insurance Branch Office or find it on the website.
  • Complete the form and attach any relevant papers.
  • Submit the form at the nearest branch office, or email Claims@exidelife.in.
  • When you register, you will be issued an Acknowledgement. Your insurance number can be used for any questions concerning the claim until it is resolved.

 

Few Things to Remember:

  • Carefully read the terms and conditions.
  • Keep your contact information up to date at all times.
  • Pay your premiums regularly to keep your policy active.
  • Inform your loved ones about your insurance policy and the claim process.
  • Understand the specifics of your insurance to determine what is covered.
  • In the insurance, look for the beneficiary's name. The nominee may be changed at any moment.
  • If the registered nominee dies during the policy's term, the nominee's name should be changed.
  • After you have redeemed the bank loan for which the policy was used as collateral, the policy is reallocated in your name.

Documents Required for the Claim

In Life insurance policies, the following documents are needed to submit a claim:

  • Claim Form
  • Original Policy Document
  • Death Certificate issued by Local Authority, Original or Attested
  • Proof of the insured’s current residence
  • evidence of insured’s photo ID

Exide Life Insurance Contact Details

If you would like to connect with the company, here is important company information.

Corporate Address : Third Floor, JP Techno Park, No. 3/1, Millers Road, Bangalore- 560 001, India.

Email : websales@exidelife.in

Contact : 1800 419 0808 (Toll Free)