Simply Protect - A Term Insurance Plan With Waiver Of Premium Option

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A Term Insurance Plan With Waiver Of Premium Option

A term plan which waives off premiums on disability and critical illness

Edelweiss Tokio Life – Simply Protect is a term plan which ensures complete protection for your family in your absence.It comes with 4 unique death benefit options which offers protection against disability and 12 critical illnesses as well. Hand pick your suitable Death Benefit payout option so that your family doesn’t have to compromise on their needs. UIN No: 147N035V01


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Benefits so good, they have to be true!

Payout Options

Payout Options

(A) The Sum Assured will be payable in lumpsum (B) 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

Payout Options

You can choose from 2 Death Benefit Payout Option

Payout Options

Payout Options

(A) The Sum Assured will be payable in lumpsum (B) 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

You can avail tax benefits under Section 80C and Section 10 (10D)

Tax Benefits

Tax Benefits

You can avail tax benefits under Section 80C and Section 10 (10D) of Income Tax Act, 1961. Tax benefits are subject to change in the tax laws.

 

Death Benefit

You can choose from 4 Plan Options

Death Benefit

Death Benefit

It provides multiple death benefit options like:

1. Life Cover

2. Life Cover with inbuilt Accidental Death Benefit

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

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

Check if you are eligible for this product

Here are the rules! Ask us if any doubts.

What is the minimum and maximum entry age?
Minimum : 18 ye...

Entry Age (last birthday)

Minimum : 18 years

Maximum : 65 years

What is the maximum maturity age ?
Maximum maturi...

Maximum maturity age is 80 years (last birthday)

What is the duration of Policy Term?
10 to 40 yea...

10 to 40 years

For coverage upto age 80 years : 62 years 

What is the Premium Paying Term?
The Premium Paying Te...

The Premium Paying Term:
a.) Single Pay
b.) Limited pay of 5,10,15,20 years
b.) Regular pay

What is the minimum and maximum Sum Assured?
The minimum and maxi...

The minimum and maximum Sum Assured as below:

Minimum : Rs 25,00,000 

Maximum : no limit

What is the Premium Payment Frequency?
The Premium Payment Frequency

The Premium Payment Frequency as below:
a.) Annual Mode
b.) Single Mode

Customer Testimonials

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Additional resources

Product brochure view & download pdf
Sample contract view & download pdf
Product disclaimer read more