Important Notice

Dear All

 

Customers (Proposers / Policyholders) may please be informed that by virtue of introduction of Section 269ST in the Income Tax Act, 1961, operative w.e.f. 1st April 2017, any person (including Insurance Company) cannot collect consideration or value against a transaction, in cash, for an amount greater than Rs.1,99,999/- (gross amount). In other words, payment of an amount of two lakh rupees or more against a transaction cannot be collected.

 

Accordingly, in order to comply to the above, the Company w.e.f. 1st April 2017 shall not accept from a Customer (Proposer / Policyholder):

 a. Premium in Cash for single or multiple policies, in aggregate, in excess of Rs.1,99,999/- on a single day; and

 b. Premium in Cash per policy per financial year, in aggregate, in excess of Rs.1,99,999/-.

 

* Premium for the above purpose, means any payment in cash by customer towards Initial Deposit, Shortfall, Top-Up, Advance Premium, Renewal / Reinstatement / Revival of policy, any other applicable deposits, fees or charges and Service Tax.

 

This is for information.

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:

Product
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.