Exide Life Insurance announced the launch of its non-linked participating individual Life insurance plan, Exide Life Sampoorna Jeevan. The first-of-its-kind plan, Exide Life Sampoorna Jeevan, not only provides life insurance cover till age 75 or 100 years but also offers an individual the power to customize the payouts to suit the financial needs at multiple life stages.
Exide Life Sampoorna Jeevan allows the customer the flexibility to avail guaranteed regular income till age 75 or 100 or lump sum payouts or even opt for both. The plan offers 4 guaranteed benefit options and 5 bonus options to choose from, making the plan extensively comprehensive to suit the varying and changing needs of the customer. With 28 possible permutations made available to the customers, each of the Guaranteed and Bonus options provides a unique benefit, allowing customers to create a plan that works best for them.