Exide life guaranteed income insurance plan is a non-participating insurance plan that provides a guaranteed regular income.

Features and benefits:

• Guaranteed income- you can get guaranteed income of 11-13% p.A. You also stand to get complete guaranteed death benefit even in the income payout period.

• Death benefits - in case of the demise of the policyholder, the beneficiary stands to receive higher of ten times annual premium or 105% of the premiums paid less unpaid due premiums or sum assured.

• Tax benefits- enjoy tax benefits on regular income and maturity proceeds.

• Loan - once the policy has attained surrender value, it will become eligible for policy loan facility.

• Premium payment- the premiums can be paid monthly, quarterly, half yearly or annually.

Eligibility

• For policy term of 15 years, 20 years, 24 years and 30 years, the premium payment terms are 7 years, 10 years, 12 years and 15 years, respectively.

• For policy term of 15 years, 20 years, 24 years and 30 years, the payout terms are 8 years, 10 years, 12 years and 15 years, respectively.

• The minimum entry age for 15 years, 20 years, 24 years and 30 year is 11 years, 8 years, 6 years and 3 years, respectively. The maximum entry age is 55 years.

• For policy term of 15 years, 20 years, 24 years and 30 years, the minimum annualized premiums are?24k, ?18k, ?12k and ?12k, respectively.