Edelweiss Tokio Life- Group Total Secure

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Group Total Secure - Your protection against Loan Liability

A Non-Linked Non-Participating, Group Credit Life Insurance Plan

Edelweiss Tokio Life – Group Total Secure is designed to provide a comprehensive cover against death, disability, illness to the members of the Master Policyholder. This plan helps members of the Master Policyholder safeguard their families against the burden of repaying any liabilities in case of happening of the covered contingent events.UIN: 147N059V01 | ARN.: WP/0174/Jan/2019

Top 5 reasons to buy this product:

1. Flexibility to choose Plan Option

2. Single and Joint Life coverage available under this plan.

3. Flexibility to choose Coverage Type.

4. Flexibility to choose Premium Paying Options.

5. Flexibility to choose Additional Benefits.


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Benefits so good, they have to be true!

Death Benefit

Death Benefit

Life Cover Option – This plan option covers the Insured Member against an unfortunate event of death. In the event of death of the Insured Member, while the Coverage is In-Force, the Sum Assured as per the Benefit Schedule applicable as on the date of death will be payable. The Coverage will terminate once the Death Benefit is paid. 

Life Cover with Terminal Illness – This plan option covers the Insured Member against an unfortunate event of death or terminal illness. In the event the Insured Member is diagnosed with a Terminal Illness while the Coverage is In-Force, the Sum Assured as per the Benefit Schedule as on the date of diagnosis of Terminal Illness will be payable and the Coverage will be terminated.

In case if the Insured Member is not diagnosed with Terminal Illness during the Coverage Term, then on death of the Insured Member, while the Coverage is In-Force, Sum Assured as per the Benefit Schedule applicable as on the date of death is payable.

Death Benefit

This plan option covers the Insured Member against an unfortunate event of death with an additional option of insurance against terminal illness.

Death Benefit

Death Benefit

Life Cover Option – This plan option covers the Insured Member against an unfortunate event of death. In the event of death of the Insured Member, while the Coverage is In-Force, the Sum Assured as per the Benefit Schedule applicable as on the date of death will be payable. The Coverage will terminate once the Death Benefit is paid. 

Life Cover with Terminal Illness – This plan option covers the Insured Member against an unfortunate event of death or terminal illness. In the event the Insured Member is diagnosed with a Terminal Illness while the Coverage is In-Force, the Sum Assured as per the Benefit Schedule as on the date of diagnosis of Terminal Illness will be payable and the Coverage will be terminated.

In case if the Insured Member is not diagnosed with Terminal Illness during the Coverage Term, then on death of the Insured Member, while the Coverage is In-Force, Sum Assured as per the Benefit Schedule applicable as on the date of death is payable.

Coverage Type

The coverage type has an option of level and decreasing sum assured

Coverage Type

Coverage Type

Level Sum Assured - Under this Coverage Type, Sum Assured payable at any point in time in case of death and/or any other contingent event covered under this plan would remain level throughout the Insured Member’s Coverage Term.

 

Decreasing Sum Assured - Under this Coverage Type, the Sum Assured chosen by the Insured Member which is payable in case of death and/or any other contingent event covered under this plan, decreases during the Coverage Term as per the Benefit Schedule.

Life Coverage

The life cover option can be Single Life or Joint Life.

Life Coverage

Life Coverage

The plan can be taken on Single Life or Joint Life basis. Single Life Coverage covers only one Insured Member while under Joint Life, 2 Insured Members can be covered provided there is an insurable interest between them. Joint Life Option can be opted only if Life Cover option is selected and no additional benefits are chosen. In case of death of either of the joint Insured Members, the applicable Sum Assured as per the Benefit Schedule will be paid on first death basis and the Coverage will be terminated for both the lives.

Surrender Benefit

The Master Policy can be surrendered by the Master Policyholder.

Surrender Benefit

Surrender Benefit

The Master Policy can be surrendered by the Master Policyholder. In case of surrender of the Master Policy, the Insurance Cover shall continue till the end of the period for which the Modal Coverage Premiums have been paid, unless expressly surrendered by the Insured Member. There will be an option available to the Insured Member to continue the Insurance Cover by paying the future Modal Coverage Premiums as and when it is due. The Insured Member may surrender his Insurance Cover anytime during the Coverage Term.

The surrender of an Insurance Cover by one or more members does not affect the remaining Insured Members of the policy.

Maturity Benefit

No Maturity benefit is payable

Maturity Benefit

Maturity Benefit

No Maturity benefit is payable

Check if you are eligible for this product

Here are the rules! Ask us if any doubts.

What is the minimum and maximum entry age?
The minimum and maximum entry age...
The minimum and maximum entry age is
(last birthday)
Minimum
Life Cover:  For education loans:14 years 
      Other than education loans: 18 years
Life cover with Terminal Illness and Additional Benefits: 18 years

 
Maximum
Life Cover: 70 years
Life Cover with Terminal Illness and Additional Benefits: 65 years
What is the minimum and maximum sum assured?
The minimum and maximum...
The minimum and maximum sum assured is
Minimum:
 Rs. 5,000

Maximum:
Life Cover: As per Board approved underwriting policy of the Company 
Life Cover with Terminal Illness : Rs. 1 crore

Accidental Death Benefit & Total Permanent Disability Benefit: Rs. 1 crore 
Critical Illness Benefit: Rs. 50 lacs
What is minimum and maximum coverage term?
The minimum and maximum coverage is..
The minimum and maximum coverage is..
Minimum
: 2 years
Maximum: 35 years
What is the minimum and maximum maturity age?
The minimum and maximum maturity age...
(last birthday)
Minimum:
 20 years

Maximum: Life Cover: 80 years
  Life Cover with Terminal Illness and Additional benefits : 70 years
What is the minimum and maximum premium for this product?
The minimum and maximum premium...
The minimum and maximum premium is

Minimum
: Rs. 400
Maximum: As per Board approved Underwriting policy of the company
What are the premium paying options for this product?
Single Pay | Limited Pay | Regular Pay
Single Pay | Limited Pay | Regular Pay

Regular Pay is available only for Coverage Type : Level Sum Assured 

The Coverage Term available for each premium paying option is detailed in the table below:

Premium Paying Term

Coverage Term

Single Pay

2 years to 35 years

5 Pay

10 years to 35 years

7 Pay

12 years to 35 years

10 Pay

15 years to 35 years

Regular Pay

 5 years to 35 years

What is the minimum group size?
The minimum group size is
The minimum group size is

Minimum Group Size : 50 members
What is the premium payment frequency?
The premium paying frequency is....
The premium paying frequency is

Annually
Semi Annually
Quarterly
Monthly
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Additional resources

Product brochure view & download pdf
Sample contract view & download pdf
Product disclaimer read more