Best Online Term Insurance Plans – Edelweiss Tokio Simply Protect Plan

Edelweiss Tokio Life – Simply Protect

plan overview

A Term plan which ensures that in case of a disability or critical illness the future premiums are waived. In such testing times, you have one less thing to worry about i.e. to pay your insurance premium. You can also choose between single pay, limited pay and regular pay options. UIN No: 147N035V01

  • flexibility of premium paying term

    Flexibility to choose the premium paying term from among Single Pay, Limited Pay, and Regular Pay as per your need

     

  • four death benefit options

    Four death benefit options including accidental total and permanent disability and waiver of future premiums on diagnosis of critical illness

  • cover up to age 80

    Maximum maturity age of 80 years

key benefits for this product

  • death benefit

    Four (4) death benefit options as follows:

    • Life Cover

    • Life Cover with inbuilt Accidental Death Benefit

    • Life Cover with inbuilt Waiver of Future Premiums payable on Accidental Total and Permanent Disability

    • Life Cover with inbuilt Waiver of Future Premiums payable on Critical Illness 

    Customer can choose any one option. The option has to be chosen at the proposal/application stage and once chosen cannot be changed during the term of the policy.

     

  • payout options

    Lumpsum Option:

    Under this option, sum assured will be paid in lumpsum.

    Income Benefit Option:

    Under this option, 1% of sum assured will be payable every month for the next 130 months starting from next policy month anniversary from the date of death. 

  • tax benefits

    Tax benefits under the policy will be as per the prevailing Income Tax laws. Tax laws are subject to amendments from time to time. We recommend that you seek professional tax advice for applicability of tax benefits on premiums paid and benefits received.

  • rate table

request a call back

for a scheduled call back, please share:

contact us

branch locator

Please enter your mobile number

enter your contact details

anything amissshare your problem

file a complaint now

what did you find amiss?

please provide us with following information

file a complaint

check status here:

Product
mascot
mascot

Don’t wait. Complete your application by entering your transaction id.

mascot

Please enter your email address to get an email summary of your needs

mascot

By entering my contact details I authorize Edelweiss Tokio Life Insurance to Call or SMS me with reference to this enquiry. This overrides the DND registration of TRAI.
  • 15k 50L
quote for edelweiss tokio life - wealth builder
7,00,000 sum assured
5,51,910 maturity benefit
  • 15k 50L
quote for edelweiss tokio life - Gcap
7,00,000 sum assured
  • 5L 1Cr
  • 5yr 30yr
quote for criticare +
rs2753 annual premium
  • 25K 50L
  • 2.5L 6.25L
quote for wealth accumulation
rs14154326
maturity benefit (4%) edit
  • 25L 10Cr
quote for mylife+
rs5,403 annual premium
life cover : 1 crore
critical illness cover : 10 lacs
policy term :
premium paying term : regular

life cover

protection at affordable rates

life & basic health cover

term plan with protection aganist 7 critical illnesses

life & comprehensive health cover

recommended term plan with protection aganist 35 critical illnesses

* annual premium inclusive of taxes

schedule a call

please provide us with following information