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Edelweiss Term Insurance Benefits

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Highlights
Claim Settlement Ratio97.01%
Customer Care9:00 AM to 9:00 PM
Death Benefit Paid For272 Policies
Inception2011
Presence116 Branches
Total Death Benefit Paid21.80 Crore

Edelweiss Tokio Life Insurance offers term insurance plans that are widely praised and recommended because they help you ensure financial protection for life assured’s family members in case of a sudden demise of the life assured during the policy term. These plans let you have peace of mind. Edelweiss Tokio Life Insurance strives to provide quality services and quality products. Edelweiss Tokio term insurance plans help you ensure that your family is financially secured and are able to meet their daily financial requirements even in your absence.

Edelweiss Tokio Life Insurance Term Insurance Benefits

Edelweiss Tokio Life Insurance provides the following benefits on its term insurance policies.

1. Covers COVID-19 Claims: Edelweiss Tokio Life Insurance aims at providing best-in-class experience for its customer. Keeping in mind the current scenario all around the world, it is necessary for one to ensure their family has financial resources to meet their daily requirement and achieve their goals, in case the life assured is diagnosed with COVID-19 and passes away due to this disease. Edelweiss Tokio term insurance plan covers death due to COVID-19.

2. Financial Protection: Edelweiss Tokio term insurance plans provide life cover to the life assured and these plans also provide financial protection to family members of the life assured in desperate times.In case of an unfortunate demise of the life assured during the policy term, the family members of will receive a death benefit that will help them meet their financial requirements and help them achieve their goals and aspirations.

3. Affordable Premiums: Edelweiss Tokio term insurance plans are affordable. These plans provide life cover at a reasonable price. Edelweiss Tokio designed these term plans to cater to every individual’s requirements that fit in their budget. These plans offer flexibility to choose the premium payement modes which are monthly, quarterly, half yearly and yearly. One can choose a plan that fits their requirements and budget.

4. Additional Cover to Spouse: Edelweiss Tokio Life Insurance term insurance plan comes with the Better-Half benefit option under which wife/husband of the life assured gets extra life cover. Edelweiss Tokio Life Insurance term insurance plans offer additional life cover to your spouse under the Better-half benefit option in case of your unforseen demise during the policy term . It is in addition to your life cover.

5. Exciting Riders: Edelweiss Tokio Life Insurance offers four different types of riders, including accidental total and permanent disability rider, accidental death rider, critical illness rider, and waiver of premium rider.

Term Life Insurance Premium Calculator

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Choose required coverage to secure your family’s future

50L
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Disclaimer :
1. Premium has been calculated for coverage till 60 years
2. Eligibility depends on income, occupation and educational qualification

Best Edelweiss Term Insurance Plans

1 Crore
2 Crore
  • LIFE COVER
    Tax Free
    1 Cr
  • CLAIMS SETTLED 99.7%
Starting From 688/Month
Claim Settlement
Key Features:
  • Right Green Tick Revised Zero Cost Benefit
  • Right Green Tick Terminal Illness
  • Right Green Tick Cover Continuance Benefit
  • Right Green Tick Insta-Payment on Claim Intimation
  • Right Green Tick Nominee's Choice payout
  • LIFE COVER
    Tax Free
    1 Cr
  • CLAIMS SETTLED 99.2%
Starting From 730/Month
Claim Settlement 24hr Claim Settlement
Key Features:
  • Right Green Tick Waiver of Premium on Disability
  • Right Green Tick Terminal Illness
  • Right Green Tick Life Stage Benefit
  • Right Green Tick Special Exit Benefit
  • LIFE COVER
    Tax Free
    1 Cr
  • CLAIMS SETTLED 99.4%
Starting From 771/Month
Claim Settlement 24hr Claim Settlement
Key Features:
  • Right Green Tick Terminal illness
  • Right Green Tick Special Exit - Option to get your premiums back
  • Right Green Tick Renewability Option
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Edelweiss Term Insurance Contact Details

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Claim Process at Edelweiss Term Insurance

  • 1

    Claim Intimation

    In the case of death of the life assured, a claim intimation to the insurance company must be made as early as possible.
  • 2

    Submission of Documents

    Claim form, death certificate, original policy document, and more documents must be submitted to ensure smooth claim settlement.
  • 3

    Claim Evaluation

    Once the documents are submitted, the insurance company will conduct thorough evaluation of the claim filed.
  • 4

    Claim Settlement

    If claim request is approved, claim settlement is done within 30 days. If additional investigation is required, it make take 6 months.

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