Trust Exide For Your Life Insurance Coverage

Posted by Anumeha Singh
3
Finance & Investment
May 11, 2016
349 Views
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Exide Life Insurance (ING Vysya Life Insurance) after taking administrative endorsement with the organized body of Netherlands-based ING Group from the life coverage undertaking. The organization began as ING Vysya Life Insurance Company Ltd. It was initially a joint endeavor between ING Vysya Bank and Exide Industries Ltd, though, later on, ING pulled itself from the endeavor and sold 26% of its stake to Exide which further prompted the making of Exide Life Insurance. The organization is into operations since 2001 and is headquartered in Bangalore. The organization likewise brags of an ISO 9001:2008 rating for all its forms identifying with client service. Exide's channel across the nation over is upheld by more than 35,000 counselors who work from around 200 workplaces. This initiative takes after Kolkata-based Exide Industries procuring 100% of the company previous year.


The Exide Life Insurance has a customer base of 1 million in more than 200 cities of India and deals approximately with Rs.7, 000 crore of assets. Exide Industries Ltd has overtaken 100% responsibility for the organization over a year prior and is a major shareholder of Exide Life since long. In the FY 2013-14, company multiplied its benefits to Rs.53 crore because of premium addition re-establishments and progress in productivity and product mix. The aggregate premium earning of the company has grown to Rs. 1,830 crore and resources grew 13% to Rs. 7,490 crore in monetary terms.



Features Of Exide Life Insurance:


• PROTECTION

• INVESTMENT SAVINGS

• PENSION RETIREMENT



Exide My Life
Exide My Life is a unique service by Exide which allows the policyholders to own their products and make changes, withdrawals, write grievances and get their portfolio.

Ø  Pay your premium: Pay your premium in three simple steps:
Ø  Fill in your details                               
Ø  View your policy and premium details
Ø  Make the payment through Credit/Debit/ Netbanking.
 
  •  View Policy Value
  • Switch funds
  • Revive your policy
  •  Print policy fund statement
  • Change contact details
  • Print tax certificates
  • Print portfolio statements
  • Write us through our E-box

 

Script your own insurance story with EXIDE
Exide life insurance serves over 10 lakhs people over 200 cities in the nation. While designing the products it follows a Customer-Centric Approach. Its portfolio offers various insurance products to cater to the important needs and meet major financial goals. Exide Life Insurance has a The Life Maker which guides you better to choose the best insurance plan in the light of your expectations from an insurance plan.


Exide introduced Exide Life-Income Advantage Plan
 
The new Exide Life Income Advantage Plan by Exide Life Insurance Co.Ltd caters the dual advantage of a life coverage and savings which is structured to provide guaranteed regular income with an insurance plan. In the view of your life needs, you can opt from the 2 payout choices of income which also gives the additional benefits of payout. This plan is uniquely structured to cater all the life needs keeping in mind the average income throughout.

         This unique Exide Life plan, the insured are supposed to pay premiums only at the first few premium installments of the policy term. Since, during the later stage of the policy term, a regular guaranteed income benefit shall be paid every year. Plus, insured will be benefitted from extra income each year which is paid as bonus. Under this, the policyholder can develop protection by choosing for riders by a normal additional premium payment. You also get regular guaranteed income additionally with the pure income benefit which is the applicable bonuses paid each year. All the maturity benefits that are applicable are accumulated and paid at the time of maturity.  Also, you can opt from Exide Life coverage or Dismemberment Rider.


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