Main life insurer Exide Life Insurance coverage on Friday, Might 21, introduced the launch of its new life insurance coverage plan – ‘Assured Wealth Plus’, to offer a complete life insurance coverage scheme with maturity advantages and in-class assured returns for policyholders. In line with an announcement shared by the insurer, the brand new life insurance coverage plan will assist prospects fulfill their monetary necessities throughout numerous phases of life. (Additionally Learn: Aditya Birla Sun Life Launches Vision LifeIncome Plus Plan: Check Features )
The Assured Wealth Plus plan is a non-linked, non-participating particular person life insurance coverage financial savings plan which offers the choice to decide on between two variants for policyholders.
In line with Exide Life Insurance coverage, a few of the main options of the brand new insurance coverage product are as follows:
- Selecting from the common revenue or a lump sum payout possibility
- Availing assured mounted revenue for 30 years
- Solely product out there to supply life cowl all through the revenue interval
- Finest-in-class returns with as much as 350 per cent assured returns