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Exide Life Insurance launches Life Star Saver

| | Jan 21, 2016, at 10:33 pm
Bangalore, Jan 21 (IBNS): Exide Life Insurance, an established and profitable life Insurance company on Thursday announced the launch of “Exide Life Star Saver” - a limited payment savings cum insurance plan.

Exide Life Star Saver offers guaranteed tax free* maturity benefit along with comprehensive protection over the entire policy term. 

Under Exide Life Star Saver, you are required to pay premiums only for 5 years, while you continue to enjoy life cover over the entire policy term. You can choose from 3 policy term options of 10, 12 or 15 years.

In addition to the life cover amount, you get an additional life cover of an equivalent amount in case of an unforeseen event due to an accident.

Commenting on the launch of Exide Life Star Saver, Sanjay Tiwari, Executive Vice President – Products Management at Exide Life Insurance, said “When you have a guarantee on returns, you can easily plan your family’s dreams with confidence. Exide Life Star Saver, a simple & easy to understand plan, has been designed on this philosophy by assuring a tax free maturity benefit depending on choices made by the customer while purchasing this plan. Any person up to the age of 60 years can invest in this plan by paying a minimum of INR 24,000/- as annual premium for 5 years.”

 

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