Edelweiss Tokio Term Insurance Plan

Edelweiss Tokio started its operations in India in 2011. It offers various types of insurance plans keeping in mind the needs of the people of India. Edelweiss Tokio Term Insurance Plan is one of them.

Life cover is provided to the insured in Edelweiss Tokio Term Insurance Plan. In case of death of the life assured during the policy term, the sum assured is paid as death benefit to the nominee.

Through Advance Edelweiss Tokio Term Insurance Plan, one can help secure the financial future of their family even in their absence. It offers you the benefit of a term coverage at an affordable cost. Through this you can get a long term protection and provide financial security to your family.

Features Of Edelweiss Tokio Term Insurance Plan

The features of Edelweiss Tokio Term Insurance Plan are as follows-

• It offers you the coverage of a term insurance plan at a very low cost.
• Through this you can get term plan coverage for whole life ie till the age of 100 years.
• Through this you can provide financial security to your family. In case of your sudden death, financial assistance is provided to the family through the sum assured.
• In this term insurance plan, you can enhance the coverage of your plan by adding riders.
• In this term plan, you are also provided with tax benefits under the Income Tax Act, 1961.
• Covid-19 cover is also provided in this term plan.

Benefits Of Edelweiss Tokio Term Insurance Plan

The benefits of Edelweiss Tokio Term Insurance Plan are as follows-

1. Affordable Cost:

Edelweiss Tokio Term Insurance Plan offers you the benefits of a term plan coverage at a very affordable cost. Through this, individuals whose budget is low can also get the benefit of a term insurance coverage.

2. Long Term Protection:

This term insurance plan provides you term insurance coverage for a long period of time. Through this plan, you can get term insurance coverage for whole life ie till the age of 100 years.

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3. Riders:

You also get the option of increasing your term insurance coverage by adding riders in this term insurance plan. In this, you get the option of adding riders like Accidental Cover, Critical Illness Cover. You can add these riders to your term insurance plan by paying an additional premium.

4. Tax Benefits:

You get tax benefit in this term insurance plan. In this, you get tax benefits on the premiums paid under section 80C of the Income Tax Act, 1961. While the death benefit received is tax benefit under section 10(10D) of the Income Tax Act, 1961.

5. Covid-19 Coverage:

Death due to Covid-19 is also covered in this term insurance plan.

Edelweiss Tokio Term Insurance Plan

1. Edelweiss Tokio Life Zindagi Plus

• In this plan, you also get the option of adding your spouse.
• This plan gives you the option of increasing your term plan coverage at different stages of your life. Thus you can customize your term plan as per your requirement.
• In this time insurance plan, you are provided with insurance cover against 35 critical illnesses.

2. Edelweiss Tokio Life Total Protect Plus

• You get this term insurance plan till the age of 100 years.
• You also get the option of child future protect benefit in this term insurance plan.
• In this you get the option to add your life partner.
• In this you get the option of refund of premium paid.
• You are also provided with tax benefits in this time insurance plan.

3. Edelweiss Tokio Life Saral Jeeven Bima

• In this you get the option of limited pay. You can avail the benefits of your term plan by extending your premium payment from 5 to 10 years.
• In case of death, the sum assured of minimum Rs. 5 lakh to maximum Rs. 25 lakh is received as death benefit.
• In this term insurance plan, you get the policy term from 5 to 40 years. You can choose any of these as per your convenience.
• You also get tax benefit in this plan.
• In case of death, the sum assured of minimum Rs 5 lakh to maximum Rs 25 lakh is received as death benefit.

Edelweiss Tokio Term Insurance Plan Eligibility

Eligibility for Edelweiss Tokio Term Insurance Plan is as follows-

• Minimum age should be 18 years.
• The maximum age will depend on the type of term plan.
• A medical examination report has to be given.

Documents Required For Edelweiss Tokio Term

Documents Required for Edelweiss Tokio Term Insurance Plan are as follows-

• Photo
• Accommodation quantity
• identity proof
• age proof
• Income ratio

Edelweiss Tokio Term Insurance Plan Premium

Edelweiss Tokio Term Insurance Plan offers multiple premium payment options. The customer can choose any premium payment option as per his requirement. In this, you get the option of monthly, quarterly, half-yearly, yearly and single pay premium payment options for your premium payment.

• monthly,
• quarterly,
• semi annually,
• annual,
• Single Pay.

How To Buy Edelweiss Tokio Term Insurance Plan?

You can buy Edelweiss Tokio term insurance plan online from the comfort of your home. To buy this term plan through online mode, you need to visit the official website of Edelweiss Tokio.

By going to the official website, you have to go to the term plan section. In the term insurance section, you have to select the term insurance of your choice and click on it. You will see the option to buy that term plan there. You can buy Edelweiss Tokio term insurance plan online by clicking on it.