Have you ever seen a striker in a take a 15-yard free kick in a soccer match? Did you notice that the defenders join their shoulders together in front of the ball and make a ‘wall’? Ever wondered why they do it? Simple; so that they can provide a wider protection against the striker scoring a goal with his free kicks. Similarly, in life, at times, you need a wider protection that protects your life goals from eventualities like an untimely demise or falling critically ill. Both these eventualities are like the striker striking form close quarters.
How to provide for wider protection?
For wider protection against any eventualities, it is better that you secure yourself with a comprehensive term plan. A normal term plan would not provide your family with the wider protection that they need. A comprehensive term plan like Edelweiss Tokio Life Total Secure+ covers the incidence of death as well as diagnosis of a critical illness. Thus, it provides financial protection in both the situations.
Edelweiss Tokio Life Total Secure+
With Edelweiss Tokio Life Total Secure+, you can opt for cover till the age of 80 when selecting the term plan. This way, your family will be financially supported for a longer period. Also, with cover for up to 35 critical illnesses, you get more protection than let’s say; a plan that only covers you for cancer. Again, with options for premium payment and claim pay out, you can decide which one of the options would give you better protection. For instance, if you are in a career, like the entertainment industry, where careers are generally short, you can opt for a limited pay option. If you want your family to have a regular monthly pay out after your demise, that too with a provision of covering for inflation, you can opt for increasing pay out option, where the amount of monthly pay out increases ta the rate of 5% p.a (compounded). This can, more or less, nullify the effects of inflation on your family income.
Generate a quote today to find out how you can provide wider protection to yourself and your family