Exide Life Insurance has launched a term life plan— Exide Life Smart Term Plan — which offers life cover and guaranteed return of premium (ROP) on completion of the policy term.
It has three variants: Classic — where you pay premiums and you get 100 per cent of premiums on maturity; step-up — where you can get between 110-150 per cent of the premium back on maturity, depending on the tenure you choose and comprehensive which offers higher coverage for lower premium and partial return of the premium on maturity.
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