Financial needs and comprehensive security; Edelweiss Tokyo Life's 'Total Protect Plus'
7 August 2021
Highlights:
This plan features alternative benefits for multipurpose financial needs
It gives you cover up to 100 years of age, as a result you can leave it as an heir for your loved ones.
You get an optional 'Better Half Benefit' which provides cover to your spouse after your death.
Mumbai: Edelweiss Tokyo Life Insurance has announced 'Total Protect Plus', keeping in mind the future needs of providing comprehensive security measures in one place during a global epidemic. It is a comprehensive security plan that offers additional alternative benefits to meet target financial needs.
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Speaking on the new product, Shubhrajit Mukhopadhyay, Executive Director, Edelweiss Tokyo Life Insurance, said: The epidemic has made these needs extremely urgent. With the help of 'Total Protect Plus', we expect to offer a comprehensive approach to managing customer risks and meeting all their targeted financial needs.
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becoming more expensive. The insurance product includes "Child Future Protect Benefit" for children and "Live Long Benefit" for a later life. “There is a lot of awareness about goal-based financial planning these days because it involves the idea of retirement and real security in the minds of consumers. When designing this product we strive to be the best value proposition that understands the gap between current needs. Whether it is in the context of any new product or in the way of offering products available in the market, Mukhopadhyay said.
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- it covers you up to 100 years of age, so you can leave it to your loved - it covers you up to 100 years of age, so you can leave it to your loved ones as heirs.
- Get optional 'Better Half Benefit' which provides cover to your spouse after your death.
- 'Return of Premium Benefit' which allows you to get back 100% of the total premium paid on completion of your insurance term
- 5/7/10/15/20 gives the option of regular payment or limited payment of installments for 20 years
- 6% discount on weekly installments for 7 years after completion of 7 days medical trial after purchase of insurance
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