Edelweiss Tokio Life – Saral Jeevan Bima is a simple and easy-to-navigate life insurance plan. Plan designed to provide protection to your family. It not only covers your present requirements but also provides the flexibility. You can customise this plan by choosing a convenient Premium Paying Term, mode of payment and the desired coverage.

Yes, this plan covers death due to COVID-19.

 The minimum policy term is 5 years and the maximum policy term is 40 years.

 For a Regular Pay plan, you need to pay your premiums for the same duration as that of your policy term. For Limited Pay you can pay the premium till 5 or 10 years. For Single Pay you have to pay only once.

For Regular Pay and Limited Pay, you can decide to pay your premiums yearly, half yearly or monthly.  

 The minimum maturity age is 23 years and the maximum maturity age is 70 years.

 The minimum entry age is 18 years and maximum entry age is 65 years.

The minimum sum assured is Rs.5,00,000 and the maximum sum assuredRs 25,00,000, subject to board approved underwriting policy.

On death of the Life Assured, the Death Benefit amount is payable as a lump sum to the nominee, provided the Policy is in force

As this is a pure term plan, no benefit is payable on maturity.

Surrender value is not applicable under this Policy.

In case of death due to suicide within 12 months from the Risk Commencement Date or from the date of Revival of the policy, your Nominee or the Beneficiary you have chosen shall be entitled to at least 80% of the total Premiums paid, provided the Policy is in force.

The free look period offered is 15 days from the date of receiving your policy. For policies sold through distance marketing, the free look period is of 30 days