Edelweiss Tokio Life Insurance
Edelweiss Tokio Life Insurance
  • Customer Service
    Customer Service
    • Report A Claim
    • Renew Your Policy
    • Payment Receipt
    • Premium Paid Certificate
    • Fund Statement
    • Register for E-Nach
    • Claim Tracking
    • Register Complaint
    • Update FATCA/CRS
    • Update Contact Detail
    • Unclaimed Amount
    • Contact Us
    • NB Payment Link
    • SI - Credit Card
    • Application Tracker
  • Our Products
    Our Products
    • Capital Secure+ – A combination of market-linked and guaranteed returns

    • Edelweiss Tokio Life –Wealth Rise+ – A double-advantage ULIP

    • Edelweiss Tokio Life – Premier Guaranteed Income – A guaranteed income plan

    • Edelweiss Tokio Life – Wealth Secure+ – A new generation ULIP

    • Edelweiss Tokio Life – Zindagi Plus – A comprehensive term plan

    • All Products
  • Resume Application
    Resume Application
  • Blogs
    Blogs
  • Knowledge Center
    Knowledge Center
    • Life Insurance
    • Term Insurance
    • Unit Linked Insurance Plans
    • Guaranteed Income Plans
    • Retirement Insurance
    • Health Insurance Plans
    • Child Plans
    • Covid Insurance
    • NRI Insurance
    • Investment Plans
    • Endowment Plans
    • Group Insurance
    • Micro Insurance
    • Sabse Phele Life Insurance
    • Income Tax
  • About Us
    About Us
    • Why Choose Us
    • Public Disclosure
    • Awards & Recognition
    • Testimonials
    • Our Funds
    • Careers
  • Login
    Login
    • Customer Login
    • Partner Login
  • FOR CUSTOMER SERVICE
    Mon-Sat (10 AM TO 7 PM)
    1800 2121 212
    FOR PRODUCT QUERIES
    (Give a missed call on)
    022 6611 6040
    • Customer Login
    • Partner Login
Icon
Icon

Thank You!!

Icon

Error Message!

Error

Icon

Error Message!

Error

In the News

Deepak Mittal answers queries for 'Ask the Expert' Column in The Week Magazine

20 September 2017

I am a 28-year-old working professional in a reputed firm and earn 10 Lakh per year. I want to buy a 1 crore insurance. But there are many plans available and are often confusing. Should I buy a basic term plan or one with multiple features and riders?

Each individual is different and so are his requirements. Often plans with multiple features are helpful but only when you understand your requirements well. You can start by asking yourself few questions. Are you looking at only life cover or are you also worried about financial loss in case of a major illness. If major illnesses are also a worry, you can look at a comprehensive protection plan which provides life cover as well as cover for such illnesses. The second question you need to ask yourself is that in your absence, how well will your nominee be able to manage your finances. If your nominee is fully capable of handling the finances, you can go for a plan with lumpsum benefit. Else, you can opt for monthly income option which will ensure the nominee gets a limited amount each month for a long period to take care of his/her regular expenses and he/she is not required to take big financial decisions. In case you are unclear about the above questions, a basic term plan may suffice your needs.

I have a 5 month old son and would like your advice on which insurance cover should I buy for him. I am looking at some policy where he can use that money for higher education after 18 years.

An insurance policy when targeted towards child’s future should have 2 necessary elements. Firstly, it should be able to create the necessary funds required at the time the child needs it. Secondly, it should have a provision wherein the untimely death of the parent should not deter the funding required to fulfil future goals. There are many such products available. Apart from looking at the future cash projections, do ask for the ‘waiver of premium’ feature.

I have heard that few insurance companies are loss making companies. Should one avoid buying an insurance policy from such companies? Is there a chance that they will not honour the claim under the policy?

Life insurance is a long term business and by the nature of the business, all insurance companies incur losses in the initial years. However, this is not a reflexion of their ability to honour the claims. IRDAI ensures that all life insurance companies (whether big or small, new or old) maintain necessary financial health to enable them to process fair claims. Solvency ratio is the indication of the insurer’s ability to be able to honour such claims. All life insurance companies maintain equal or higher solvency ratio than prescribed by the regulator. One should be evaluating factors like suitability of the product including premium and corresponding benefits, quality of advice, historical fund performance and servicing capabilities in order to decide which insurer to go with.

I am taking a home loan and the bank is asking me to take a life insurance policy. Is this necessary or am I being fooled into buying a policy?

It is prudent to cover your loved ones against any financial liability that may arise in case of an unfortunate death. If you have a home loan or any other loan a correspondence insurance cover matching your liability is a must. However, the bank may not be the only destination for buying such insurance cover. As long as your insurance cover (through bank or otherwise) matches your current liabilities and future income it is sufficient. One should assess the insurance cover against the outstanding liability at a regular basis and accordingly adjust the life cover.

 

0

    Top Press Release

    #news

    20-day campaign ends with a marathon

    23 Feb 2023

    9
    #news

    Zindagi Express begins a 5,500-Km journey to raise Organ Donation awareness in India

    07 Feb 2023

    12
    #news

    Edelweiss Tokio Life rolls out campaign for organ donation

    05 Feb 2023

    12
    #news

    Zindagi Express reaches Bhopal to create awareness about organ donation

    24 Jan 2023

    6
    #news

    Edelweiss Tokio Life launches Premier Guaranteed STAR, a simplified income solution

    24 Jan 2023

    16
    #news

    Today’s Latest Business News, Finance and Share Market News at 5:30 pm on 24th January 2023

    24 Jan 2023

    3
    #news

    Edelweiss Tokio Life Premier Guaranteed STAR Plan: Features, Benefits and How it works

    24 Jan 2023

    10
    #news

    Bridging the organ donation divide

    23 Jan 2023

    13
    #news

    Why Public & Private Collaboration Is Critical To Improve Organ Donation Landscape

    20 Jan 2023

    9
    #news

    Edelweiss Tokio’s Life’s Zindagi Express campaign on organ donation reaches Mumbai

    12 Jan 2023

    10
    • About Edelweiss Tokio
    • All Plans
    • Customer Service
    • Legal
    • Support
    • About Edelweiss Tokio

      • About Us
      • Board of Directors, Committees and Resignations
      • Key Management Persons
      • Edelweiss Tokio Life CSR Policy
      • Terms and conditions of appointment of the Independent Directors
      • Testimonials
      • Customer Advisory
      • Our funds
      • Become An Advisor
      • The Buzz
      • Notice & Scrutiniser Reports
      • Careers
      • Sitemap
      • Whistle Blower Policy
      • Remuneration Policy
      • Annual Return
      • Awards & Recognition
      • Branch List
    • All Plans

      • Term Insurance Plan
      • Term Insurance Plans - Hindi
      • Unit Linked Insurance Plans
      • Guaranteed Income Plan
      • Investment Plans
      • Child Insurance Plans
      • Retirement Insurance Plans
      • Retirement Insurance Plans - Hindi
      • Group Insurance Plans
      • Endowment Plans
      • Micro Insurance Plans
      • Sabse Pehle Life Insurance
      • Life Insurance Plan
      • NRI Insurance Plan
      • COVID-19 Insurance Plan
      • Health Insurance Plan
    • Customer Service

      • Service Parameters & TAT
      • Renew Online
      • Riders
      • E-Statements
      • NAVs
      • Grievance Redressal
      • Products and Riders
      • Unclaimed Amount
      • Payment options
      • Account Value Declaration
      • Fund history
      • Application Tracker
      • NB Payment Link
    • Legal

      • Terms & Conditions
      • Privacy Policy
      • Chat Policy
      • Fund Benchmark
      • Email Disclaimer
      • Institutional Disclaimer
      • Insurance Disclaimer
    • Group Companies

      • Edelweiss Financial Services Limited
      • Tokio Marine Holdings Inc.
    • Support

      • File A Complaint
      • Live Chat
      • Call Back
      • FAQ
      • Pre-sales process
      • Contact Us
    • Important Links

      • IRDAI
      • Life Insurance Council
      • Insurance Ombudsman
      • Anti Fraud Policy
      • Public Disclosure
      • Premium Calculator
      • Do Not Call Registry
      • Corporate Agents
      • Discontinued Products & Riders
      • Bonus Rates
      • Public Disclosure-Agent List
      • Goods and Services Tax
      • Consumer Education
      • Pre-Sales Process
      • Downloads
      • Terminated agents
      • IRDAI on Spurious Call
      • Electronic Insurance Account
      • Edelweiss Tokio CSR Policy
      • T&C of Appointment of ID
      • Proposal Forms
      • Notice on cash collection
      • Compounding Calculator
      • Retirement Calculator
      • Income Tax
      • UW Philosophy for PLHA
      • UW Philosophy for Disability / Mental Illness
      • UW Philosophy for Transgender Persons
      • Organ Donation
      • Simplified Claim Process
    Registered & Corporate Office: 6th Floor, Tower 3, Wing ‘B’, Kohinoor City, Kirol Road, Kurla (W), Mumbai – 400070
    T: 1800-212-1212 F: (022) 6117 7833care@edelweisstokio.in https://www.edelweisstokio.in

    Edelweiss Tokio Life Insurance Company Limited. All Rights Reserved. Registered with Insurance Regulatory & Development Authority of India (IRDAI) as Life Insurance Company. IRDAI Regn. No.: 147. CIN: U66010MH2009PLC197336. Tax benefits are as per the Income Tax Act, 1961, and are subject to amendments made thereto from time to time. For more details on risk factors and terms and conditions, please read sales brochure carefully before concluding a sale. Flower & Edelweiss (as displayed above) are trademarks of Edelweiss Financial Services Limited; "Tokio" is Trademark of Tokio Marine Holdings Inc. and used by Edelweiss Tokio Life Insurance Co. Ltd. under license. Edelweiss Tokio Life Insurance Company Limited. Registered & Corporate Office: 6th Floor, Tower 3, Wing ‘B’, Kohinoor City, Kirol Road, Kurla (W), Mumbai – 400070.  Toll Free No.: 1800 212 1212 | Fax No.: +91 22 6117 7833 | www.edelweisstokio.in This is a Private website owned by the Company. Unauthorized scanning of vulnerabilities and exploitation of the same is strictly prohibited. If you have been found to do so, Company may bring Civil and/or Criminal action and/or legal proceedings against you which shall be entirely at your costs and consequences.

    BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/ FRAUDULENT OFFERS

    IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.

    Copyright © 2019 Edelweiss Tokio Life Insurance Company Limited. All rights reserved.
    • Term of Service
    • Privacy Policy
    • Term of Service
    • Privacy Policy