Key Highlights:
Exide Life Assured Gain Plus, a traditional with profits insurance cum investment product, offers guaranteed benefits and returns on investment. With launch of this product, we continue keeping our promise of helping customers prepare financially for a long and happy life.
The policy is an ideal investment solution for people who look for attractive tax free returns with capital guarantee and life cover to ensure the best lives for their families.
Under the plan, one pays for 5 years only, while the benefits continue for the full policy term. The policy term options are 10, 12 or 15 years.
3 Reasons you should buy Exide Life Assured Gain Plus:
How this plan works
Ravi is 40 year old salaried professional who has a 6 year old daughter Niharika. He is planning to save money for Niharika’s higher education. He invests Rs.1 lac p.a. for 5 years in Exide Life Assured Gain Plus with policy term of 15 years and gets a Sum Assured on Maturity of Rs.4.65 lac. The benefits from the policy are shown below.
Celebrating the launch of Exide Life Assured Gain Plus, Uco Vegter, Chief Financial Officer, Exide Life Insurance, stated “This is a momentous occasion for us as this our maiden product after we rechristened ourselves with a new identity. We are committed towards offering financial solutions that help people become financially independent and help them lead a long and happy life. We have designed this product based on an inherent need where people are looking at a superior quality of life and securing their future at the same time. Exide Life Assured Gain Plus caters to the specific financial requirements of our discerning customers that will enable them to grow their income as well as give them the flexibility to plan for a new investment. Moreover, the plan caters to a wide segment of people aged from 3 to 60 years and guarantees a life cover of at least 10 times the annual premium of the full policy term. We believe this is a very competitively priced traditional plan.”
About Exide Life Insurance Company Limited:
Exide Life Insurance Company Limited (formerly ING Vysya Life Insurance Company Limited) commenced operations in 2001 and is head quartered in Bangalore. The company is 100% owned by Exide Industries Limited and is proud to be part of a 100 year old brand heritage in India. The company is profitable and serves over 10 lakh customers across India and manages over INR 7000 crores in assets. Exide Life Insurance is managed under the principles of good corporate governance with overall superintendence of the board of directors.
Exide Life Insurance distributes its products through multi-channels viz. Agency, Banc assurance and Alliances. The Agency channel comprises of over 35,000 advisors who are attached to over 200 company offices and customer care centers across the country. The Banc assurance and Alliances business includes distribution relationships with ING Vysya Bank, Regional Co-operative banks, Corporate Agents, Brokers & Referral Partners.
Exide Life Insurance, one of the leading life insurance companies in South India, is now growing its franchise in other parts of the country. The company is focused on providing long term protection and savings solutions and has a strong traditional product portfolio with a consistent bonus track record. Exide Life Insurance has the ISO 9001:2008 quality certification for all Customer Service processes.
For more information, please visit our website, exidelife.in.
About Exide Industries Limited:
Exide is India’s largest manufacturer of electric storage batteries and its biggest power-storage solutions provider with a market capitalization of over INR 10,000 crores*. Since its introduction in India more than a hundred years ago, Exide remains the foremost and the most trusted battery brand in India. The century old brand equity is backed by a robust nation-wide network of 18000-plus dealers. (*As on 31st March 2014)
With 7 world-class battery manufacturing factories across India, the range of products offered by the company covers everything from the smallest batteries required in motorcycles to the giant batteries powering submarines. After all, India moves on Exide.
Photo Caption: Exide Life Assured Gain Plus Insurance Plan-Benefical Illustration
Media Contact Details: Annet Sumitra, IPAN Hill+Knowlton Strategies, ,+91-9900362622 , annet.sumitra@hkstrategies.com
- Traditional insurance cum investment plan
- Attractive tax free returns with your capital guaranteed#
- Pay for only 5 years. Choose from three policy terms of 10, 12 and 15 years
- Enjoy life cover for the full policy term
- Product aimed at mid-market and HNI clients across metros and mini-metros.
- Available for up to 60 years of age.
Exide Life Assured Gain Plus, a traditional with profits insurance cum investment product, offers guaranteed benefits and returns on investment. With launch of this product, we continue keeping our promise of helping customers prepare financially for a long and happy life.
Under the plan, one pays for 5 years only, while the benefits continue for the full policy term. The policy term options are 10, 12 or 15 years.
3 Reasons you should buy Exide Life Assured Gain Plus:
- Attractive tax free returns with your capital guaranteed#
- Pay for only 5 years
- Enjoy life cover for the full policy term
How this plan works
Ravi is 40 year old salaried professional who has a 6 year old daughter Niharika. He is planning to save money for Niharika’s higher education. He invests Rs.1 lac p.a. for 5 years in Exide Life Assured Gain Plus with policy term of 15 years and gets a Sum Assured on Maturity of Rs.4.65 lac. The benefits from the policy are shown below.
Celebrating the launch of Exide Life Assured Gain Plus, Uco Vegter, Chief Financial Officer, Exide Life Insurance, stated “This is a momentous occasion for us as this our maiden product after we rechristened ourselves with a new identity. We are committed towards offering financial solutions that help people become financially independent and help them lead a long and happy life. We have designed this product based on an inherent need where people are looking at a superior quality of life and securing their future at the same time. Exide Life Assured Gain Plus caters to the specific financial requirements of our discerning customers that will enable them to grow their income as well as give them the flexibility to plan for a new investment. Moreover, the plan caters to a wide segment of people aged from 3 to 60 years and guarantees a life cover of at least 10 times the annual premium of the full policy term. We believe this is a very competitively priced traditional plan.”
About Exide Life Insurance Company Limited:
Exide Life Insurance Company Limited (formerly ING Vysya Life Insurance Company Limited) commenced operations in 2001 and is head quartered in Bangalore. The company is 100% owned by Exide Industries Limited and is proud to be part of a 100 year old brand heritage in India. The company is profitable and serves over 10 lakh customers across India and manages over INR 7000 crores in assets. Exide Life Insurance is managed under the principles of good corporate governance with overall superintendence of the board of directors.
Exide Life Insurance distributes its products through multi-channels viz. Agency, Banc assurance and Alliances. The Agency channel comprises of over 35,000 advisors who are attached to over 200 company offices and customer care centers across the country. The Banc assurance and Alliances business includes distribution relationships with ING Vysya Bank, Regional Co-operative banks, Corporate Agents, Brokers & Referral Partners.
Exide Life Insurance, one of the leading life insurance companies in South India, is now growing its franchise in other parts of the country. The company is focused on providing long term protection and savings solutions and has a strong traditional product portfolio with a consistent bonus track record. Exide Life Insurance has the ISO 9001:2008 quality certification for all Customer Service processes.
For more information, please visit our website, exidelife.in.
About Exide Industries Limited:
Exide is India’s largest manufacturer of electric storage batteries and its biggest power-storage solutions provider with a market capitalization of over INR 10,000 crores*. Since its introduction in India more than a hundred years ago, Exide remains the foremost and the most trusted battery brand in India. The century old brand equity is backed by a robust nation-wide network of 18000-plus dealers. (*As on 31st March 2014)
With 7 world-class battery manufacturing factories across India, the range of products offered by the company covers everything from the smallest batteries required in motorcycles to the giant batteries powering submarines. After all, India moves on Exide.
Photo Caption: Exide Life Assured Gain Plus Insurance Plan-Benefical Illustration
Media Contact Details: Annet Sumitra, IPAN Hill+Knowlton Strategies, ,+91-9900362622 , annet.sumitra@hkstrategies.com
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