The following are the key features of exide life guaranteed income insurance plan:

1. The plan has a limited premium payment term (ppt) i.E. You need to pay premium up to half of the term period.
2. The nominee can get the death benefit either wholly in lump sum or partly in lump sum and partly in equal monthly instalments.
3. 11-13% of the sum assured will be paid regularly either monthly or annually as guaranteed income.
4. In the event of death, a guaranteed death benefit will be provided to the nominee/s of the policyholder.