• 4 AUG 2017

    Term Plan vs Comprehensive Plan


    With a wide variety of insurance plans to choose from, you may be confused about what is the right choice to protect your loved ones. Most individuals have a primary motive of securing themselves and their families during disease and death. Here we compare two such types of insurance: Term and Comprehensive, each with their own benefits.



    Term Plan

    Comprehensive Plan


    Term insurance is a life insurance product offered by an insurance company which offers financial coverage to the policy holder for a specific time period. In case of death of the insured individual during the policy term, the death benefit is paid by the company to the beneficiary.

    A comprehensive plan is a life insurance product that gives benefits over and above a life cover/death benefit. It also protects you through a critical illness cover.

     Claim Stage

     One claim: on death of the life

     Two claims: first on the diagnosis of
    critical illness, and regular
    installments to cope with the loss of
    income as well as death; and
    second on the death of the life

     Claim Payment Mode

     Lump sum

     Choice of lump sum, installments
    or a mix of both for critical illness,
    and lumpsum at death

     Primary Objective

     To reduce financial burden on
    dependents in case of death

     To provide for treatment costs
    dusting serious illnesses, to
    support the family for income loss
    during critical illness, and reduce the
    financial burden on dependents in
    the case of death

    • Leave a Reply
  • 22 JAN. 2018

    Steps to do Tax Preparation in India

    If you earn a regular salary or have a source of income other than salary, you will need to pay taxes to the government on the total taxable income earned in th ...

    read more
Understand your insurance need in few minutes

just give us a miss call 022 6611 6028


request a call back

for a scheduled call back, please share:

contact us

branch locator

Please enter your mobile number

enter your contact details

anything amissshare your problem

file a complaint now

what did you find amiss?

please provide us with following information

file a complaint

check status here:


Don’t wait. Complete your application by entering your transaction id.


Please enter your email address to get an email summary of your needs


By entering my contact details I authorize Edelweiss Tokio Life Insurance to Call or SMS me with reference to this enquiry. This overrides the DND registration of TRAI.