Buy Term Life Insurance Online | Edelweiss Tokio Life Simply Protect

  • RECENTLY VIEWED BY 17069 people

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


    Vinay, 28, is a laid-back guy. Planning in advance for the future is not something that comes naturally to him. However, now that Vinay is married, he wants to be serious about his responsibilities towards his family and is looking to purchase a term insurance plan that secures his family’s financial future.

    Vinay, 28, is a laid-back guy. Planning in advance for the future is not something that comes naturally to him. However, now that Vinay is married, he wants to be serious about his responsibilities towards his family and is looking to purchase a term insurance plan that secures his family’s financial future.

    Being a first-time insurance shopper, Vinay is looking for a simple plan that is easy to understand and does not have multiple complicated add-ons. That’s when his friend Tushar, recommended, Edelweiss Tokio Life’s – Simply Protect. An affordable term plan which offers a long-life cover till age 80.

    Being a first-time insurance shopper, Vinay is looking for a simple plan that is easy to understand and does not have multiple complicated add-ons. That’s when his friend Tushar, recommended, Edelweiss Tokio Life’s – Simply Protect. An affordable term plan which offers a long-life cover till age 80.

    Vinay can choose the frequency in which he wants to pay his premiums and also how he wants his wife to receive the pay-out. Now, all he has to do is simply choose between 4 easy to understand life cover variants.  Edelweiss Tokio Life – Simply protect is designed to cover his most basic but crucial need - the financial security of his loved ones.

    Vinay can choose the frequency in which he wants to pay his premiums and also how he wants his wife to receive the pay-out. Now, all he has to do is simply choose between 4 easy to understand life cover variants. Edelweiss Tokio Life – Simply protect is designed to cover his most basic but crucial need - the financial security of his loved ones.

Check out our features

Benefits so good, they have to be true!

4 Life Cover Variants

4 Life Cover Variants

Choose between 4 Life Variant options

  1. Life Cover – Simply get the life cover that you choose, nothing more, nothing less
  2. Life Cover with Accidental Death Benefit – Get an additional payout over and above your sum assured on an accidental death
  3. 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
  4. 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

4 Life Cover Variants

4 Life Cover Variants

Choose between 4 Life Variant options

  1. Life Cover – Simply get the life cover that you choose, nothing more, nothing less
  2. Life Cover with Accidental Death Benefit – Get an additional payout over and above your sum assured on an accidental death
  3. 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
  4. 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

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

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

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

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.

Tax Benefits

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).

Check if you are eligible for this product

Here are the rules! Ask us if any doubts.

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 Payment Frequency?
The Premium Payment Frequency

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

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 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 maximum maturity age ?
Maximum maturi...

Maximum maturity age is 80 years (last birthday)

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

Entry Age (last birthday)

Minimum : 18 years

Maximum : 65 years

Customer Testimonials

Our customers shared their thoughts

Other related articles & resources

You may also like to know

All About Endowment Life Insurance Policies

read more

Why December is the Most Important Month for Tax Payers?

read more

Top 6 Reasons To Buy A Term Plan

read more

Benefits of Unit Linked Insurance Plans

read more

How to Make Tax Planning An All-Year Round Activity?

read more

Know How Can A Term Plan Secure Your Family

read more

Additional resources

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