Don't Let Cancer or Heart Ailments Bring You Down - Edelweiss Tokio Life- Health Shield+

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Don't Let Cancer or Heart Ailments Bring You Down

Edelweiss Tokio Life – HealthShield+ is an insurance plan built to fight against cancer and heart illness . In case you are diagnosed with a form of cancer or a heart related ailment, we ensure that you and your family gets the required support to manage their day-to-day expenses as well as the treatment expenses.
HealthShield+ was built taking into consideration the possibility that maybe cancer can win, in which case the term trigger benefit helps to provide for your family after you are not around. Under this plan, you can claim for a minor condition related to your heart or cancer detection and later for major condition of cancer or heart disease.
UIN : 147N041V01 ARN: WP/0163/Jan2019

Let's take a look at the case of Anjali


    Mrs. Anjali Das is a high school teacher, a devoted wife and a mother. Along with juggling her career and family life, she also makes a point to prioritize her health.

    One fateful day, while undergoing a regular medical examination, Anjali was diagnosed with breast cancer. It was an emotional time for her and her family and they had to brace themselves for the tough times ahead. It also meant that she would have to take a long sabbatical from work.

    But fortunately, the tough times did not extend to their finances as Anjali and her husband had both bought Edelweiss Tokio Life – HealthShield+, that protects financially against cancer treatment expense. This foresightedness of Anjali ensured that medical expenses of her cancer treatment did not prove to be a burden on her family.

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Benefits so good, they have to be true!

Three Plan Options

Three Plan Options

We understand that everyone has their own different needs and we try to account for that in all of our products. Keeping that in mind we provide you 3 different options to choose from to arm yourself in the fight against critical illness

Option A – Cancer Cover: Covers early stage and major stage cancer
Option B – Heart Cover: Covers minor and major heart condition
Option C – Cancer & Heart Cover: Covers early stage and major stage cancer, and minor and major heart condition

Three Plan Options

We provide you 3 different plan options to suit your various requirements

Three Plan Options

Three Plan Options

We understand that everyone has their own different needs and we try to account for that in all of our products. Keeping that in mind we provide you 3 different options to choose from to arm yourself in the fight against critical illness

Option A – Cancer Cover: Covers early stage and major stage cancer
Option B – Heart Cover: Covers minor and major heart condition
Option C – Cancer & Heart Cover: Covers early stage and major stage cancer, and minor and major heart condition

Survival Benefit

Get separate payouts on survival of a minor and major degree of illness

Survival Benefit

Survival Benefit

When it comes to cancer and heart ailment there are various severities. Basis the severity of your illness we payout either a portion of the sum assured or the entire amount.

Minor condition: 15% of sum assured will be payable on survival of the life assured for minimum 7 days in case of cancer ailment and 30 days in case of heart ailment, from the date of confirmed diagnosis. This benefit can only be availed two times at maximum subject to cooling off period.

Major condition: 100% of sum assured less claims already paid on minor condition (if any) will be payable on survival of the life assured for minimum 7 days in case of cancer ailment and 30 days in case of heart ailment, from the date of confirmed diagnosis. The policy will terminate if Term Trigger Benefit is not selected.

Term Trigger

Opting for this benefit provides you a life cover even after a major condition has been diagnosed

Term Trigger

Term Trigger

We understand that surviving becomes a big question upon diagnosis of a major stage cancer. Opting for the term trigger benefit provides life cover even after the major condition has been diagnosed. All the future premiums will be waived as well. We realise that during those times, paying premiums will be last thing on anyone’s mind.

This benefit ensures that your family is financially secure at a time when they require it the most. Major Stage Cancer, in itself, takes a huge financial and emotional toll on an individual and his/her family. In such an event, a life cover will at least provide a sense of security to the individual’s loved one.

This benefit can only be selected with Option A – Cancer cover.

Return of Premium Option

Get a return of premiums paid on the maturity of your policy

Return of Premium Option

Return of Premium Option

No one likes to spend money without getting anything in return. Opting for this benefit will provide you an added advantage: you will not only be covered against cancer ailments but we will also return all the premiums paid by you minus any claim(s) paid by us, on maturity.

This benefit can only be selected only with Option A – Cancer Cover. However, it can not be selected if Term Trigger Benefit is selected.

Waiver Of Premium Option

Get an exemption from paying premiums in the event of a minor diagnosis.

Waiver Of Premium Option

Waiver Of Premium Option

After being diagnosed with cancer or a heart related disease your focus should be on recovery. At this stage paying premiums should be the last thing on your mind. The waiver of premium benefit ensures that you don’t have to worry about paying premiums in the event of diagnosis of first and second valid minor condition, as on such an event, next 5 years premiums are waived.

Tax Benefits

Avail tax benefits by purchasing HealthShield+

Tax Benefits

Tax Benefits

We all strive to save as much tax as we can. With Edelweiss Tokio Life - HealthShield+ you can avail tax benefits under Section 80C, 80D and Section 10 (10D) of Income Tax Act, 1961. Tax benefits are subject to change in the tax laws.

Check if you are eligible for this product

Here are the rules! Ask us if you have any doubts.

What is the premium payment frequency?
The premium payment frequency..
The premium paying frequency is

Annually
Semi-Annually
Quarterly
Monthly
What is the minimum and maximum sum assured?
The minimum and maximum Sum...
The minimum and maximum sum assured is

Minimum: 5 lakhs

Maximum: 50 lakhs

What is the minimum Entry age ?
The minimum Entry age..

The minimum and maximum entry age is

Minimum:

Option A:  0 years (18 years if opted with Term Trigger; 3 years if opted with Return of Premium Benefit)

Option B & C: 18 years

Maximum: 
65 years 

(on last birthday)
What is the maturity age for the plan?
The maturity age...
What is the policy term for this plan?
The policy term...
The policy term for this plan is 

Minimum: 

Plan Option A - 10 years
Plan Option B & C - 5 years

Maximum: 

Option A: 60 years
Option B & C: 40 years age

What is the premium paying term?
The premium paying...
The premium paying term is Regular Pay.
What is the minimum premium for this plan?
The minimum premium...

Mode

Minimum Premium#

Monthly

200

Quarterly

400

Semi-annual

600

 Annual

1,000


# Applicable taxes will be separately levied on the premium

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Additional resources

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