How many branches are there in Exide Life Insurance?
The Agency channel comprises of 40,000+ advisors attached to 200 Company offices (as on 31 March 2021) across the country.
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Is Exide Life Insurance under IRDA?
Exide Life Insurance Company Limited is an established and profitable company that serves over 15 lakh customers in over 200 cities in India. The company strictly adheres to the claim guidelines set by insurance regulatory board (IRDAI) and the services are ISO 9001:2008 certified.
Is Exide Life Insurance Good?
Its excellent claim settlement ratio of 98.15% for the financial year 2019-20 is amongst the best in the industry. Exide Life Insurance offers a fantastic range of insurance policies in various categories, such as protection plans, investment/savings plans, retirement plans, health plans, and group insurance offerings.
Who is the partner of Exide Life Insurance?
Exide Life Insurance Company Limited is an Indian life insurance company owned by HDFC Life. Exide Life Insurance distributes its products through multi-channels viz. Agency, Bancassurance, Corporate Agency & Broking as well as Direct Channels.
Is Exide Life listed company?
Exide Life Insurance Company Limited is a Non-govt company, incorporated on 13 Dec, 2000. It's a public unlisted company and is classified as'company limited by shares'.
Exide Life Insurance
Why did HDFC buy Exide?
"Different distribution channels and a varied product mix help cater to different customer cohorts across the diverse Indian geography, and this acquisition is an important milestone towards our strategic objective of bringing more people into the fold of financial protection," HDFC Life Managing Director and CEO Vibha …
Is Exide Life Insurance profitable?
10 May 2021, Bengaluru: Exide Life Insurance Company Limited recorded a year of strong growth in profits despite a challenging business environment in FY 20-21. The Company reported Profit before Tax at INR 61.2 Crores, a growth of 112% over FY19-20, as a result of improved efficiency and superior product mix.
Who is the brand ambassador of Exide Life Insurance?
Dhoni, who represents the aspirations of millions, has a strong mass appeal and followership compared to any other sporting icon in India. Dhoni is the perfect brand ambassador for Exide life Insurance as he embodies the values of Exide life Insurance. He is Dependable, Dynamic, Responsive and Foresighted.
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Is Exide Life Insurance profitable?
10 May 2021, Bengaluru: Exide Life Insurance Company Limited recorded a year of strong growth in profits despite a challenging business environment in FY 20-21. The Company reported Profit before Tax at INR 61.2 Crores, a growth of 112% over FY19-20, as a result of improved efficiency and superior product mix.
What will happen to Exide Life Insurance?
Last week, private life insurance company HDFC Life announced that it had completed the process of acquiring Exide Life Insurance. The two companies had announced the Rs 6,687-crore acquisition deal in September 2021. Exide Life will operate as HDFC Life's wholly-owned subsidiary until the formal merger is completed.
Is Exide Life Insurance Safe?
Its excellent claim settlement ratio of 98.15% for the financial year 2019-20 is amongst the best in the industry. Exide Life Insurance offers a fantastic range of insurance policies in various categories, such as protection plans, investment/savings plans, retirement plans, health plans, and group insurance offerings.
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Who is the partner of Exide Life Insurance?
Exide Life Insurance Company Limited is an Indian life insurance company owned by HDFC Life. Exide Life Insurance distributes its products through multi-channels viz. Agency, Bancassurance, Corporate Agency & Broking as well as Direct Channels.
Is Exide Life listed company?
Exide Life Insurance Company Limited is a Non-govt company, incorporated on 13 Dec, 2000. It's a public unlisted company and is classified as'company limited by shares'.
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Is Exide Life Insurance under IRDA?
Exide Life Insurance Company Limited is an established and profitable company that serves over 15 lakh customers in over 200 cities in India. The company strictly adheres to the claim guidelines set by insurance regulatory board (IRDAI) and the services are ISO 9001:2008 certified.
Is Exide Life Insurance profitable?
10 May 2021, Bengaluru: Exide Life Insurance Company Limited recorded a year of strong growth in profits despite a challenging business environment in FY 20-21. The Company reported Profit before Tax at INR 61.2 Crores, a growth of 112% over FY19-20, as a result of improved efficiency and superior product mix.