It is always better to secure your family’s financial future so that they would not face any financial crisis behind you. This makes it a perfect reason why you should buy a life insurance policy.
Lifestyle and education costs are continually rising. Quality education nowadays needs a bunch of money, and the fees structure keeps going high for premium institutes. Money accrued through life insurance can be utilized for your child’s education, marriage, or purchasing new property etc.
Today, many life insurance policies, which are less complex to understand, are made available online. You need to get a suitable quote, pay the premium online and your policy is purchased. Also, premium payment options, payout options can be chosen as per your convenience.
Edelweiss Tokio Life Insurance comes with competitive pricing and offers a lot of benefits within your budget. You can use the premium calculator to determine the premium amount you will be paying towards your policy.
Tax exemption on the premiums paid and the receivable benefits under Section 80C and Section 10(10D) help you save your hard-earned money.
In case of claims made on the demise of the life insured, or even at the end of the tenure, the policy benefits are paid to the respective person. In some cases, you can choose monthly payouts which can act as income for long term.
Some events may not be covered in the life insurance policy that you purchase. Here, Edelweiss Tokio helps you with the additional cover against certain instances through riders. You can choose riders to get protection against critical illness, accidental death, permanent or partial disablement, waiver of premium, and so on.