Exide Life Insurance helps Indians prepare financially through its Customer Awareness Programs
Aims to create awareness on the importance of being financial prepared and starting early
Targets bread winners and financial decision makers in Tier II and Tier III cities
Raipur, 20th October, 2018: Exide Life Insurance today organized a specially designed Customer Awareness Program for the citizens of Raipur, to educate them on the basics of financial preparation for their long and happy life.
Since the program’s launch in 2015, Exide Life Insurance has been engaging with people in Tier II and III cities across the country, helping them understand the importance of insurance and equipping them with the required information to make the right financial decision for their future.
The specially designed Customer Awareness Program comprises of interactive sessions using audio-visuals aids and paper-pencil exercises.Audience get to understand the concept of Human Life Value, which in turn helps them understand their future financial needs and hence the importance of being adequately insured. Through this initiative, Exide Life Insurance aims to contribute to the larger goal of making Indians financially independent and self-sustaining.
Commenting on this initiative, Mohit Goel, Director - Marketing and Direct Channel, Exide Life Insurance, said, “At Exide Life Insurance, we believe it is important for every individual to be financially protected. ‘Starting Early’, ‘Power of Compounding’ and ‘Adequate Life Insurance’ are concepts that every Indian should understand.Given the low financial literacy that India has, especially in Tier 2 and Tier 3 cities, we are encouraged to continue this initiative in helping people plan financially for their long and happy lives.”
About Exide Life Insurance Company Limited:
Exide Life Insurance Company Limited, an established and profitable life insurance company, commenced operations in 2001-02 and is headquartered in Bengaluru. The company is 100% owned by Exide Industries Limited. The company serves over 15 lakh customers and manages assets of over INR 12,500 Crores. During the financial year 2017-18, the company achieved Total Premium Income of over INR 2,500Crores and delivered INR 60 Crores in Profits (PBT).
Exide Life Insurance distributes its products through multi-channels viz. Agency, Bancassurance, Corporate Agency & Broking,Direct as well as Online. The Agency channel comprises of 45,000+ advisors who are attached to over 200 company offices across the country. The company also offers group life insurance solutions.
The company is focused on providing long term protection and savings solution plans and has a strong traditional product portfolio with a consistent bonus track record. The company has ISO 9001:2008 quality certification for all Customer Service processes and the ISO/IEC 27001:2013 for information security management.