SHRI VAISHNAV VIDHYAPEETH

VISHWAVIDYALAYA INDORE M.P.

 INSURANCE AND RISK MANAGEMENT

ASSIGNMENT NAME –A EXIDE LIFE

INSURANCE COMPANY LTD.

SUBMITTED TO – SUBMITTED BY –
DR. SWATI mam ASHUTOSH YADUWANSHI
 INTRODUCTION

Exide life insurance company limited is a 100% Indian owned life

insurance company, owned by the Exide industries. Exide life insurance
distributes its products through multi-channels viz. Agency, banc
assurance, corporate agency & broking as well as direct channels. The
agency channel consists of 50,000 advisors who are attached to over 200
company offices across the country. The company also offers group life
insurance solutions.
The has over 15 Lakh customers and manages
over INR 15,795 Crores in assets.

It has been operating since 2001 and

headquartered at Bangalore. It deals with the
life insurance products, providing long-term
protection and savings options.

The CEO OF EXIDE LIFE INSURANCE IS “KISHITIJ

JAIN”
OUR PRODUCTS

•EXIDE LIFE SMART TERM PLAN

•EXIDE LIFE TERM RIDER

•HEALTH PLAN
EXIDE LIFE SMART TERM PLAN
Exide life smart term plan, a unique plan that offers you
comprehensive protection options and returns the premiums paid by
you on completion of policy term.
Benefits of plan – protection with higher return of premium

Policy term (years) Return of premium

10-14 years 110%
15-19 years 120%
20-24 years 130%
25-29 years 140%
30 years 150%
EXIDE LIFE TERM RIDER

It is an add on product that can be attached to select Exide life

insurance traditional plans for enhanced life cover at a nominal
additional premium.

Benefits of plan – get up to double life cover

HEALTH PLAN
Exide life sanjeevani is the fixed benefits health insurance plan offering
comprehensive coverage against heart and cancer related conditions.

Double claim benefits – In addition to any existing health insurance

RIDERS PLAN
It is an add-on that can be attached to a traditional Exide life insurance policy and
provides enhanced coverage in case of accidental death, disability or dismemberment.

Benefits of plan-it can be attached to select Exide life insurance traditional plans
without any need of buying a new policy.
CLAIM PROCESS
A simple process to ensure your claim is settled with ease and minimal
documentation.

 Register your claims as soon as the loss has occurred.

 Use the claim intimation form available at

• Your nearest exide life insurance branch office locate a branch
• online claim registration on website register a claim online
•Write to us at claims @exidelife.in

Fill the from completely and attach required documents.

You can submit the same at nearest
 situations
• Natural Death
• Accidental or Unnatural Death
(including suicide)
• Accidental Disability and Dismemberment
claim
• Critical Illness
• Terminal Illness
• Waiver of Premium
Major Landmarks

Some of the historical landmarks achieved by the company are:

2009 – Launches new savings solution – ING PRIME LIFE

2010 – Launches new child products – ING ASHIRWAD.
2011 – Launches ING ACE (pension and life) traditional category.
2012 - Wins at DMAI Synergy Awards in Innovation Category.
2013 – Wins Telerik Sitefinity website of the year award for best website
in financial category.
2021- On September 3, 2021 all the shares of Exide Life Insurance were
sold to HDFC Life for 6,687 crore.
Thank you