About Exide Life Insurance Co. Ltd.
Exide Life Insurance Company Limited, an authenticated and successful life insurance company that initiated operations in 2001-2002 and is headquartered in Bengaluru. The company is 100% controlled by Exide Industries Limited. The company assists over 15 lakh customers and maintains assets of over ₹12,000 Crores.
For every step of a customer's life, the company renders solutions that will assist him/her to experience an all-embracing life simultaneously while intensifying a stable financial base for the client's family. The company advances past life insurance and grants need-based life insurance solutions.
Exide Life Insurance offers insurance products in the following domains :
- Life Insurance Plans
- Term Insurance Plans
- Retirement and Pension Plans
- Child Plans
- Group Insurance Plans
- Health Insurance Plans
- Saving Plans
The Edge Offered by Exide Life Insurance Company Ltd.
Awarded as “India Leadership Award” for Marketing and Social media initiative, Exide Life Insurance is one of the most renowned insurance providers in the industry.
Apart from placing Heart and Cancer health insurance calculators on its website for convenient calculations and plan awareness, Exide has the following benefits :
- Twitter Self Service has been designed for the customers with the Tweet tag as @ExideLifeCares to use the predefined services for their life insurance policies.
- With the aid of the company’s mobile app, all the required transactions that need to be stocked out by the customer can be performed with the utmost convenience. Beginning from traversing the diverse plans accessible in the company, to paying the premium online as competently as tracking the fund status. The multiple automated services offered presently are online revival of premium payment, download payment receipt, instantly renew the contact details, to review policy status on the go, policy due to date reminder, enquiring for policy nitty-gritty.
Claim Settlement Ratio
In 2017-2018, Exide Life’s claim settlement ratio was 96.81%.