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A Term Plan That is Larger Than Life

  7/31/23 6:37 AM

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“What is the major benefit of a term insurance policy?”, Sameer asked is cousin Sahil who is planning to buy a term insurance plan.

His reply was similar to other policyholders, “It would be a large life cover at an affordable premium”.

Sameer questioned him again “While this is the biggest advantage of buying a term life insurance for sure, what if you get a term insurance policy that covers you against critical illnesses and accidents as well?”

Edelweiss Tokio Life – Zindagi Plus is a term insurance plan that not only cushions your dependents from financial hardships not only during death but also during testing times like critical illnesses and disabilities. Read on to know more about this unique offering from Edelweiss Tokio Life – Zindagi Plus

Edelweiss Tokio Life – Zindagi Plus is a term insurance policy which provides considerable life coverage at a nominal cost. Knowing the riders of this term plan will certainly enable you to buy this product as it can suit all your necessities, budget, and financial objectives. Let us enumerate the most riders of Edelweiss Tokio Life Zindagi Plus which makes it a must buy life insurance policy for you and your family.

  1. The rider of Critical Illness Cover secures you against 17 Critical Illnesses which include the common ones like heart disease, cancer and so on. In this, the policyholder has a choice between two payout options.

  2. In Accidental Total and Permanent Disability rider, you’ll get the amount you have selected in case an accident causes permanent disability. Road accidents have increased drastically since the past few years and hence it is important to prepare for a shield that will take care of all your expenses during this traumatic phase.

  3. After retirement, your family won’t be as dependent on you as they are now. Under the is Decreasing Sum Assured, you can avail the same term insurance for premiums less than standard rates from Day 1. The life cover will reduce by 50% after you turn 60 years old.

Knowing the basic riders of a term plan will certainly enable you to buy a product as per your requirement, budget, and financial objectives.

Edelweiss Tokio Life – Zindagi Plus also understands that your better half plays an important role in managing the household finances and chores. The unique feature of Edelweiss Tokio Life – Zindagi Plus is the ‘Better Half Benefit’. Under this, after the demise of the policyholder, a life cover will start in his/her spouse’s name. This will be 50% of the life cover of the policyholder, up to an amount of Rs. 1cr. The spouse won’t have to pay any premium and the nominee will also get the sum assured. This benefit also covers housewives.

Edelweiss Tokio Life – Zindagi Plus provides comprehensive protection against death, disease, and disabilities and has the unique feature of the ‘Better Half Benefit’ which not only protects you but also your better half with an affordable price.


Chirag Iyer - BFSI Enthusiast

Chirag is a writer and an avid reader who loves to drink coffee! His other interests include boxing, karate, and singing.

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