Edelweiss Tokio Life – Group life protection

Protection plan for employees

  • 01 Flexibility to choose cover
  • 02 Option of choosing benefits
  • 03 Additional comprehensive benefits

plan definition

Option to choose between only death benefit and death benefit with terminal illness. UIN No: 147N008V04

key features

1benefits to the member


- The Master Policy when implemented covers the member even beyond working hours and anywhere in the world.

- Premium paid by employer is not a perquisite to the employee and does not attract tax

- Premium paid by individual member qualifies under 80C deduction as per Income Tax Act 1961

- Benefits received by the beneficiary of this policy are not taxable

2benefits to the master policyholder


- Securing the family of the group members  is a goodwill gesture and can create loyalty

- Premium paid by employer is deductible as business expense as per Income Tax Act 196

- Large limit on Sum Assured with no medical test ensures hassle free implementation of the policy

- Additional comprehensive benefits through options and riders at nominal extra cos

- Protects against the unforeseen circumstances of benefit payments under employee benefit schemes


additional resources

product brochure

download pdf

sample contract

download pdf

product disclaimer


customer testimonials

eligibility criteria

1 entry age (last birthday)

Minimum : 16 years

Maximum : 80 years

2 maturity age (last birthday)

Maximum maturity age is 81 years

3 policy term

1 year(renewable every year)

4 sum assured

Minimum : Rs.1000/- per member

Maximum : No limit*



* Subject to medical and financial Underwriting

5 group size

minimum group size is 50 members

6 frequency of payment

Annual, Semi-annual, Quarterly and Monthly mode.

customer testimonials

customer testimonials

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