Edelweiss Tokio Term Plan

Income Replacement is Edelweiss Tokio’s term insurance plan where the death benefit is paid at an increasing rate every month post death.

Edelweiss Tokio Life – Protection is a simple term offering that offers a lump sum to the life insured’s family in the case of his unfortunate death. With this plan, the family can maintain the lifestyle, provided by the policyholder when he was alive, while at the same time securing them from immediate expenses at the time of his death.

MyLife+, offered by Edelweiss Tokio Life is a non-participating, non-linked Term Insurance Product that provides the policyholder the flexibility to choose the death benefit as lump sum or monthly payout or a combination of both. It also provides the flexibility to choose a cover for up to 80 years of age.

A micro term insurance plan, Raksha Kavach is designed for the people living in rural areas to provide them with life covers at minimal rates of premiums.

• Attractive premium rates
• Comprehensive protection plans
• Flexible payout as lump sum, monthly, or a combination of both
• Hassle-free claims
• Easy online buying option
• Quick documentation
• Tax benefits under Sec 80C and 10 (10D) of the Income Tax Act 1961

Mr. Ram, a non-smoker, aged 35 buys Edelweiss Tokio Term Plan for a sum Assured of Rs.50,00,000 for a policy term of 15 Years, on an annual mode. In the middle of the term, he meets with an accident and dies. On his accidental death, his beneficiary will receive the entire sum assured.