• 18 JUL 2018

    What Are the Advantages of Term Insurance?

    A term insurance plan provides financial security to your family in your absence. Term plans are essential for everyone who has complete or partial dependents.

    A term insurance plan requires you to pay a premium at regular intervals till your policy term is valid. In the unforeseen event of your demise, the policy’s sum assured is given to your nominee who will be your family member.

    Below are the advantages of term insurance plan:

    Value for money

    Term insurance gives you value for money. It is cost-effective. Edelweiss Tokio Life – TotalSecure+ provides term insurance for as low as Rs 18/day*. This is one of the best advantages of term insurance plans.

     Longer coverage

    Term insurance plans don’t offer any maturity return. The sole purpose of term insurance plans is to provide protection to your family members and hence it is recommended that you choose a longer life cover. While most term insurance plans generally cover individuals up to 70 years of age, Edelweiss Tokio Life – Total Secure+ provides a life cover up to 80 years of age at affordable premiums.

    Flexible payout options

    This is one of the best features of Edelweiss Tokio Life- TotalSecure+. It provides you with flexible pay-out options. The regular pay out option includes lumpsum, monthly and a combination. There’s also an increasing payout option where the payout increases every year. This will help your family to combat inflation. So based on your family’s financial needs and requirements you can customize your pay out option.

    Riders

    Edelweiss Tokio Life – TotalSecure+  provides a variety of both in-built as well as add-on riders. These riders will help you get enhanced protection and complete peace of mind at a nominal cost. Find out the need for accidental death benefit rider here.

    Tax benefit

    One of the many term insurance benefits is that its premiums and sum assured are exempted from tax, according to Section 80C of the Income Tax Act, 1961.

    While you’re still young and healthy, opt for a term insurance plan at an early age and get a higher life cover at a relatively low cost.

    Calculate your premiums here: https://ed.edelweisstokio.in/landing/tspcampaign/index.aspx?

    • Leave a Reply
  • 18 OCT. 2018

    5 Key financial lessons to learn from Dussehra

    Justin and Ajay are very good friends since childhood. Ajay joined Justin every year on Christmas celebration and Justin would join Ajay in Dussehra and Diwali celebrations. Like every year on Dussehra, they both will be enjoying Garba that happens in their society to the fullest.

    read more
Understand your insurance needs in few minutes

just give us a miss call 022 6611 6028

call

request a call back

for a scheduled call back, please share:

contact us

branch locator

Please enter your mobile number

enter your contact details

is there an issue? let us help you!

nothing to worry.

just fill in these details. we’ll help you out.

check status

mascot
mascot

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

mascot

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

mascot

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.
Product