Buy Term Life Insurance Online | Edelweiss Tokio Life Simply Protect

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Edelweiss Tokio Life Simply Protect – Term Life Insurance Plan with Multiple Benefits
A simple term insurance plan to protect your Zindagi
Choose between 4 Life Cover Variants, 3 Premium Payment and 2 Premium Pay-out options
Edelweiss Tokio Life – Simply Protect is a term plan you can design, to offer your family complete financial protection in your absence. It comes with 4 inbuilt life cover variants that offer protection against disability, 12 critical illnesses, and additional pay-out on accidental death.
It gives the flexibility to choose the premium payment method which best suits you – Regular (Annual), Limited (5, 10, 15 & 20) or Onetime payment.
Handpick a suitable pay-out option so that your nominee gets the maturity amount, at the time when it matters the most, in the manner you want them to get it.
UIN No: 147N035V02

Benefits so good, they have to be true!
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4 Life Cover Variants
Choose between 4 Life Variant options
- Life Cover – Simply get the life cover that you choose, nothing more, nothing less
- Life Cover with Accidental Death Benefit – Get an additional payout over and above your sum assured on an accidental death
- Life Cover with Wavier of Premium on Disability – Have all your premiums waived off while keeping your policy active when diagnosed with a total and permanent disability
- Life Cover with Waiver of Premium on Critical Illness – Have all your premiums waived off while keeping your policy active when diagnosed with any 1 of the 12 listed critical illnesses
4 Life Cover Variants
Choose between 4 Life Variant options
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4 Life Cover Variants
Choose between 4 Life Variant options
- Life Cover – Simply get the life cover that you choose, nothing more, nothing less
- Life Cover with Accidental Death Benefit – Get an additional payout over and above your sum assured on an accidental death
- Life Cover with Wavier of Premium on Disability – Have all your premiums waived off while keeping your policy active when diagnosed with a total and permanent disability
- Life Cover with Waiver of Premium on Critical Illness – Have all your premiums waived off while keeping your policy active when diagnosed with any 1 of the 12 listed critical illnesses
Flexible Premium Paying Term
Choose the duration of your premium payments - regular pay, limited pay or single pay.

Flexible Premium Paying Term
Choose the premium paying term that fits your needs best. With Edelweiss Tokio Life – Simply protect you can choose to pay your premiums every year or just once. We even provide you the option to pay your premium for a limited period of 5, 10, 15 or 20 years.
Discounts for Higher Covers
Get attractive premiums when you opt for higher life covers

Discounts for Higher Covers
Edelweiss Tokio Life – Simply Protect offers you a discount when you opt for higher sum assured. The higher your cover, the greater the discount.
Long Life Cover
Option to choose a life cover up to 80 years of age.

Long Life Cover
With the average mortality age increasing, the long-life cover is a must these days. With Edelweiss Tokio Life – Simply Protect we provide you the option to select life cover till the age of 80 at an affordable rate.
Pay-out Options
Option to choose if you want the pay-out to the nominee, in a lumpsum or as a monthly income.

Pay-out Options
You can choose if you want your pay-out as a lump sum or a monthly income
Lumpsum: Under this option, your entire life cover will be paid in one go to your nominee
Income Benefit Option: Under this option, you’re your nominee will receive 1% of the sum assured every month for 130 months
Tax Benefits
Get tax exemptions on premiums paid and maturity amount tax-free.
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Tax Benefits
We all strive to save as much tax as we can. With Edelweiss Tokio Life – Simply Protect, your premiums are exempt from tax under section 80(C) up to Rs.1,50,000. Even the sum assured amount is exempt from tax under section 10(10D).
Here are the rules! Ask us if any doubts.
10 to 40 years
For coverage upto age 80 years : 62 years
The Premium Payment Frequency as below:
a.) Annual Mode
b.) Single Mode
The minimum and maximum Sum Assured as below:
Minimum : Rs 25,00,000
Maximum : no limit
The Premium Paying Term:
a.) Single Pay
b.) Limited pay of 5,10,15,20 years
b.) Regular pay
Maximum maturity age is 80 years (last birthday)
Entry Age (last birthday)
Minimum : 18 years
Maximum : 65 years
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