Company Information

Get to know Exide Life Insurance

Exide Life Insurance Company Limited was a 100% Indian-owned life insurance company, majority-owned by Exide Industries Ltd. It began operations in 2001 as ING Vysya Life Insurance and was headquartered in Bengaluru. The company served over a million customers through a multi-channel distribution network that included an agency force, bancassurance partners, and direct channels. In January 2022, HDFC Life Insurance completed the acquisition of Exide Life Insurance, and the brand was subsequently merged and rebranded into HDFC Life. All existing policies and customer services for former Exide Life customers are now managed by HDFC Life.

Industry

Financial InsurancePRIMARY
Financial Banking

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Exide Life Insurance

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Founded in

2001 (25 Years)

Founded

Last online: No recent activity

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

Security Information

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.