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Micro Insurance Plans in India

A plan that gives insurance coverage to economically weaker
population to protect their families and secure their future.

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Take a step ahead to secure your life

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What Are Micro Insurance Plans?

 

Micro insurance plans are the plans which cater the needs of economically weaker sections of the society. These insurance solutions provide an opportunity for economically weaker person to protect his family’s future. The affordable premiums make it feasible and the payment modes are convenient. Endowment plans are also crafted to meet goal-based needs of the insured. 

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The Simple Way Of Protecting You And Your Family

Get the simple, straightforward plan that looks out for your family in case of any unexpected events.

  • Life Cover for your family’s security

  • Flexibility in choosing premium payment options

  • Limited pay option for a liability-free retirement

  • Tax Benefits³ u/s 80c on premiums paid

Key Highlights

 

Know the key highlights of Micro Insurance^²

  • The sum assured under an Insurance product offering life or pension or health benefits shall not exceed an amount of Rs 200,000.
  • The annual Premium shall not exceed Rs 6000 pa. in a Micro Variable Insurance product under Non linked Non-par platform.
  • Micro Insurance Schemes marketed to Groups with a minimum Group size of 5.

Micro Insurance What Makes Us Your Ideal Partner

What Makes Us Your Ideal Partner

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For queries, write to onlinesales@edelweisstokio.in

1 - This is applicable only if all due premiums are paid and the policy is in force.
4 - Discount for large Sum Assured is available depending on the Sum Assured, policy term, and premium paying term.

^2-Source of Information: Insurance Regulatory and Development Authority of India (Micro Insurance) Regulations, 2015

ARN No :WP/1474/Feb/2021