Leading life insurer Exide Life Insurance on Friday, May 21, introduced the launch of its new life insurance coverage plan – ‘Guaranteed Wealth Plus’, to supply a complete life insurance coverage scheme with maturity advantages and in-class assured returns for policyholders. According to 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. (Also Read: Aditya Birla Sun Life Launches Vision LifeIncome Plus Plan: Check Features )
The Guaranteed Wealth Plus plan is a non-linked, non-participating particular person life insurance coverage financial savings plan which gives the choice to decide on between two variants for policyholders.
According to Exide Life Insurance, a few of the main options of the brand new insurance coverage product are as follows:
- Choosing from the common earnings or a lump sum payout choice
- Availing assured mounted earnings for 30 years
- Only product available in the market to supply life cowl all through the earnings interval
- Best-in-class returns with as much as 350 per cent assured returns