Exide Life Insurance offers various life insurance plans that come with different policy terms. The minimum policy term for an Exide Life Insurance plan may vary depending on the specific plan that you are interested in. However, typically, the minimum policy term for Exide Life Insurance is usually 5 years.
Exide Life Insurance's term insurance plans offer coverage for a specific term or period, which can range from 5 years to up to 80 years, depending on the plan's features and the applicant's age. The policyholder pays a regular premium for the policy term, and in the event of the policyholder's untimely demise during the policy term, the designated beneficiaries receive a lump sum payout.
Can I Cancel My Exide Life Insurance Policy within 15 Days?
Exide Life Insurance Company offers a free-look period during which the policyholder can cancel the policy if they are not satisfied with the terms and conditions and receive a refund of premiums paid. The free-look period is usually 15 days to 30 days from the date of receiving the policy document.
How to Know the Fund Value of Exide Life Insurance?
To determine the fund value of Exide life insurance, you'll need to follow the below steps.
- The first step is to review your life insurance policy documents. The fund value is typically mentioned in statements or reports provided by the insurance company.
- If you can't find the information in your policy documents, visit Exide Life Insurance Company's official website to know your fund value.
- Then click on the customer login portal under the Login button. Enter your details such as policy number, mobile number and date of birth to log in to your account.
- Once logged in, you will be directed to your account dashboard. Within the policy details section, you may find the fund value, premium payments, and other details online.
- If you have any difficulties in locating the fund value online, you can reach out to the life insurer’s customer support. They will be able to assist you in retrieving the fund value.
How to Check Exide Life Insurance Policy Surrender Value?
To check the surrender value of an Exide life insurance policy, you can follow the below steps:
- Contact the Insurance Company: Reach out to the customer service department of Exide Life Insurance Company and provide your policy details, including the policy number, your name, and any other information. Then customer service representative will tell you about the surrender value details.
- Check Policy Documents: Review your policy documents, as they may also contain information about the surrender value and the process for surrendering the policy. The surrender value is often explained in the policy terms and conditions.
- Online Account Access: If you have an online account with Exide Life Insurance Company, log in to the official website. Check if they provide access to policy-related information, including the surrender value.
How Much is Exide Life Insurance Price Right Now?
The premium price of Exide life insurance can vary based on several factors such as the type of policy, coverage amount, age, health condition, lifestyle, and other individual factors. To get the price of an Exide life insurance policy, use the online premium calculator tool at insures website or the PolicyBachat website. In this comparison tool, all you need to do is provide personalized information based on your specific needs and circumstances. By comparing quotes online you can easily get the life insurance price right now.
What is the Surrender Value of Exide Life Insurance Policy?
The surrender value of the Exide life insurance policy is the amount that the policyholder is entitled to receive from the Exide Life Insurance Company if they choose to surrender or terminate their policy before its maturity or before the insured event (such as the death of the insured) occurs. The surrender value calculation is subject to certain rules and regulations set by the IRDAI and it varies based on the type of life insurance policy and its terms and conditions.