The Importance of Exide Life Insurance


The sudden demise of the veteran actress Sridevi took us all by surprise, and rightly so, because she did not in any way reflect any signs of a grave disease or any erroneous medical history. A talented celebrity snatched away from us all too soon depicts how uncertain life can be, which is where Life Insurance comes into picture. Today, there are multiple insurers in the market offering life insurance plans one better than the other. Out of the pool of insurers available, Exide Life Insurance Company can help you in your endeavour to buy that perfect life insurance policy to secure your loved ones financially.

Why Buy Life Insurance?

A life insurance policy can be the best way to safeguard your family’s financial future. Because during those times when the sun stops shining over you, you need to have a backup plan to get things going for you. A life insurance policy ensures that the needs of your family and loved ones are met once you are gone. However, this planning needs to be started from the grassroots level early on in life.

Millions of people every year buy life insurance for several reasons like family security, tax benefits, savings etc., and if you are the sole breadwinner of the family then you shouldn’t delay buying a life insurance policy. With the help of an effective life insurance plan, your family in your absence can fulfil their basic needs, clear your unpaid loans and debts. Besides, the said plan will provide them a complete and end-to-end financial cover.

An appropriate life insurance policy will offer:

  • Pure life cover
  • Planning of financial investments and tax saving
  • Retirement planning
  • Savings planning
  • Child education planning

About Exide Life Insurance

Exide Life Insurance Company Limited is headquartered in Bangalore. It commenced its operations in 2001. Formerly known as ING Vyasa Life Insurance Company, it is owned by Exide Industries limited and has a base of 10 lakh customers across India.

Exide Life Insurance is one of the most reputed and leading insurance companies in South East India. It enjoys a highly stable position in the financial market and offers tailored life insurance products to cater to different types of requirements. The company genuinely believes in customer satisfaction and tries to help them in every which way.

Under Exide Life Insurance Company, one can avail ULIP plans, Term Insurance, Child Plans, Retirement Plans, Group Life Insurance, Investment Plans, etc. The claim settlement system is also quite easy and transparent and extremely reliable.

Unique Plans offered by Exide Life Insurance

There are four unique types of Exide Life Insurance plans. They are as follows:

  • Exide Life Protection Plans

This term insurance plan offered by Exide Life comes with the option of flexible premiums and other comprehensive protection options as well. This plan, known as the Exide Life Smart Term plan requires a nominal annual premium, wherein you can get enhanced protection through Exide Life critical illness and accident riders.

There are three basic types of plans in Smart Term Plans: Exide Smart Term Classic Plan, Exide Smart Term Step-Up plan and Exide Smart Term Comprehensive Plan.

  • Exide Life Child Plans

Investing in your child early on life is a wise decision, because you have to invest on so freaking much! His basic education, life in general, higher education, fetishes, marriage and the list goes on! Exide Life Insurance offers three child plans viz; Exide Life Wealth Maxima – Maxima Child, Exide Life Mera Aashirvaad, Exide Life New Creating Life Insurance Plans.

3)Exide Life Savings and Investment Plans

These plans are ideal for ensuring that both the short and long term financial requirements of your loved ones are taken care of once you are no longer around. Following are the plans under it:

  • Exide Life New Fulfilling Life
  • Exide Life Wealth Maxima
  • Exide Life Guarantee Income Insurance Plan
  • Exide Life Prospering Life Plus
  • Exide Life Jeevan Uday
  • Exide Life Assured Gain Plus
  • Exide Life Secured Income Insurance Plans
  • Exide Life Income Advantage Plan
  • Exide Life Secured Income Insurance Plus
  • Exide Life Star Saver

4) Exide Life Pension Plans

Pensions are one of the most sought after financial instruments to provide a regular source of income post retirement. The two pension plans offered by Exide are Exide Life Golden Years Retirement Plan and Exide Life Immediate Annuity with Return of Purchase Price.

Why Exide Life Insurance ?

Besides being an extremely reliable and reputed company, if offers a multitude of long-term savings and protection plans to its customers. Over 50,000 agents serve customers from over 200 offices across the country and it is an ISO 9001:2008 certified company. Its Claims Settlement Ratio is also quite good and it ranks among the top 10 most trusted life insurance brands in India.


A life insurance is indispensable for the existence of a common man in India, and there are ample aforementioned reasons why going for an Exide Life Insurance plan will be one of the best decisions you ever make.

Heather McWilliams

The author Heather McWilliams