Edelweiss Tokio Life Term Insurance Plans
Edelweiss Tokio is a leading private insurance company in India that offers customers a wide range of plans at low premium rates. Edelweiss Group of India signed a joint venture with Tokio Marine Holdings of Japan that offers customers a wide range of insurance plans. Founded in 2011, the company is one of the fastest-growing organizations which aim at catering to the needs of people who want to get protection from sudden demise and other problems.
Types of Edelweiss Tokio Term Insurance Plans
- Edelweiss Tokio Life Simply Protect: A non-linked and non-participating plan provides financial security to a family at competitive prices. The plan offers four death benefit options for policyholders, and they can choose the right one based on their needs.
Moreover, the plan provides coverage up to 80 years by addressing the requirements of a policyholder. The policy offers huge discounts for high sum assured and gives the flexibility to choose the premium paying term depending on their needs. Since it is a protection plan, there is no maturity benefit available for a policyholder. The minimum amount assured by the policy is Rs 25 lakhs, and the minimum age entry is 18 years old.
- Edelweiss Tokio Protection Plan: A pure term insurance policy offers a death benefit to a nominee, and no maturity benefit is available for a policyholder. The minimum policy term is ten years, and maximum policy term is 30 years, and the plan has no riders.
Why opt for Edelweiss Tokio Term Insurance Plans?
- The company offers different types of plans with affordable premium prices.
- It provides financial stability to a family in case of the sudden death of the insured.
- Add-on benefits for policyholders to ensure more protection for a family
- The term plans offer tax benefits for policyholders while purchasing a plan.
- The claim settlement is faster when compared to other companies enabling a policyholder to receive the amount as soon as possible.
- It offers long-term protection for a family to ensure peace of mind from financial problems.
If you want to gather more information about Edelweiss Tokio term insurance plans, then head to iiflinsurance.com