Edelweiss Tokio Life Zindagi Plus - Term Insurance Plan | Buy Online

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Your Zindagi Derserves a Customized Term Insurance Plan

Edelweiss Tokio Life – Zindagi Plus is an innovative and customisable life insurance plan. While providing you a life cover, Zindagi+ also provides your spouse an additional life cover with the Better-Half benefit option.
Zindagi+ also accounts for your growing needs and increases your life cover year on year with the Top-Up benefit option. That's not all, the Life-Stage benefit allows you to further customize the plan to your needs, you can choose to increase your life cover at various crucial stages of your life.
Along with this Zindagi+ comes with the Waiver of Premium benefit option that provides you security against 35 critical illnesses. Your zindagi could not be better covered! UIN:147N056V02

ARN: WP/0182/Feb/2019

Let’s take a look at the case of Amit.


    <p>2 Years into his marriage, Amit decided to buy a <b>Term Plan.</b> Like with everything in today’s world, he had a lot of options. After much research, he finally made his mind to go with <b>Edelweiss Tokio Life - Zindagi Plus </b>with the better half benefit option.</p>

    2 Years into his marriage, Amit decided to buy a Term Plan. Like with everything in today’s world, he had a lot of options. After much research, he finally made his mind to go with Edelweiss Tokio Life - Zindagi Plus with the better half benefit option.

    <p>Pooja, the dedicated housewife, with this benefit gets an additional life cover. Her life cover would be equivalent to 50% of Amit's life cover*  in the event of Amit's unfortunate demise.*(50% of the Base SA or Rs. 1 crore whichever is lower) </p>

    Pooja, the dedicated housewife, with this benefit gets an additional life cover. Her life cover would be equivalent to 50% of Amit's life cover* in the event of Amit's unfortunate demise.*(50% of the Base SA or Rs. 1 crore whichever is lower)

    <p>Amit also very wisely opted for the <b>“Waiver of Premium”</b> benefit which provides him security against 35 critical illnesses. If he is ever diagnosed with any one of these 35 illnesses his premiums will be waived off. This way, he can focus on his recovery.</p>

    Amit also very wisely opted for the “Waiver of Premium” benefit which provides him security against 35 critical illnesses. If he is ever diagnosed with any one of these 35 illnesses his premiums will be waived off. This way, he can focus on his recovery.

Check out our features

Through your Highs and Lows, our benefits will protect your Zindagi

Better Half Benefit

Better Half Benefit

Whether your spouse is employed or a homemaker, they deserve the utmost care. With Edelweiss Tokio Life - Better Half Benefit option, we provide your spouse a additional life cover in case of your unfortunate demise. This way your children and parents get the enhanced protection they deserve.

The Better Half Benefit option can be selected only at the policy inception for married individuals. The age difference between the life assured and spouse should be less than or equal to 10 years provided that the policy is accepted at standard rates during policy issuance. This additional benefit is available only if the Base Sum Assured is greater than or equal to Rs. 50,00,000. 

Better Half Benefit

Our Flagship feature where we give an additional life cover to your spouse in case of your unfortunate demise before the policy term!

Better Half Benefit

Better Half Benefit

Whether your spouse is employed or a homemaker, they deserve the utmost care. With Edelweiss Tokio Life - Better Half Benefit option, we provide your spouse a additional life cover in case of your unfortunate demise. This way your children and parents get the enhanced protection they deserve.

The Better Half Benefit option can be selected only at the policy inception for married individuals. The age difference between the life assured and spouse should be less than or equal to 10 years provided that the policy is accepted at standard rates during policy issuance. This additional benefit is available only if the Base Sum Assured is greater than or equal to Rs. 50,00,000. 

Top-up Benefit

Our innovative feature where you can increase your life cover systematically year on year to meet your growing needs

Top-up Benefit

Top-up Benefit

We understand as you grow older your needs grow with you. Hence the Top-Up Benefit!

This benefit will increase your base sum assured every year by your chosen rate (5% or 10%). It will continue increasing till the cumulative top-up sum assured equals the base sum assured or till you reach the age of 60 years or till the remaining policy term is less than 5 years or till the death of the life insured, whichever of these 4 is earlier.

It is a useful and practical way of tackling tomorrow’s growing needs and uncertainties such as inflation. The Top-Up benefit option removes the need to buy another life insurance policy.

 

Life Stage Benefit

Another unique feature where we increase your life cover basis the important stages of life you go through

Life Stage Benefit

Life Stage Benefit

When you celebrate those important moments in life we celebrate with you. We keep you secured at every milestone you cross. Increase your life cover to include the happy additions to your life. 

Under this optional benefit, sum assured can be added to the policy while the policy is in-force without any medical examination. Provided the policy is accepted at standard rates during policy inception you can increase your sum assured upon the occurrence of one or more of the following events during your lifetime:

• 1st Marriage after risk commencement date: Increase by 50% of Base Sum Assured

• Birth of 1st child after risk commencement date: Increase by 25% of Base Sum Assured

• Birth of 2nd child after risk commencement date: Increase by 25% of Base Sum Assured

• Home Loan taken by you after risk commencement date (only once during the policy term): Increase by 50% of Base Sum Assured or loan amount, whichever is lower

Options on Sum Assured

We let you choose from two plan options based on the sum assured requirements you may have

Options on Sum Assured

Options on Sum Assured

The people that depend on you today may go out and stand on their own tomorrow. When your child reaches that stage you feel nothing but pride. At this stage we understand your term plan has played its part and maybe you now require a smaller cover. Hence the decreasing sum assured option. Pay lesser premium from day 1 and have your sum assured reduced by 50% after you turn 60.

Choose from two plan options based on sum assured.

a.Level sum assured: 

Under this, the base sum assured remains the same throughout the policy year.


b.Decreasing Sum Assured:

Under this, the base sum assured reduces by 50% after the policyholder attains 60 years of age.

Premium Payment Options

We let you choose from 2 options for the duration of your premium payments

Premium Payment Options

Premium Payment Options

Retirement should be a period of bliss. We would hate for you to pay premiums out of your retirement savings. This is why we provide you an option to only pay premiums till you turn 60. Choose from 2 different premium paying options:

a.Regular term:

The policyholder will pay the premium till the policy term lasts.

 

b.Pay Till 60:

The policyholder has an option to pay premium till the age of 60 years

Payout option

We let you choose between three death benefit payment options

Payout option

Payout option

You can choose between three death benefit payment options, which are:

a.Lumpsum: The nominee will get the entire sum assured after the unfortunate demise of the life insured as a large sum.

b.Monthly Income Benefit: The nominee will get a monthly amount, which can be regular or increasing, depending on the policyholder’s choice. The policyholder can also choose the number of months he/she wants the payouts to be completed in. Under increasing income, your payouts will increase at 5% p.a.

c.Combination: The nominee will get a part of the sum assured as lump sum and part as monthly income amount, which can be regular or increasing, depending on the policyholder’s choice. Under increasing income, the payouts will increase at 5% p.a.

 

Waiver Of Premium

In case an unfortunate event occurs, we have got you covered, quite literally

Waiver Of Premium

Waiver Of Premium

We care for our customers, and that's why we have the Waiver of Premium benefit option,

 In this option that needs to be selected at inception, on survival after 30 days, of being diagnosed by a critical illness all the future payments to be made are waived off and the benefits of the policy continue the same way.

Check if you are eligible for this product

Here are the rules! Ask us if you have any doubts.

What is the minimum and maximum policy maturity age?
Minimum Maturity Age: Life cover with level sum assured and Regul....
Minimum Maturity Age:

 Life cover with level sum assured and  Regular Pay - 28 yrs.
 Life cover with level sum assured and 'Pay Till 60' Payment Option - 65 yrs.
 Life cover with Decreasing sum assured and  Regular Pay - 65 yrs.
 Life cover with Decreasing assured and 'Pay Till 60' Payment Option - 65 yrs.

Maximum Maturity Age :

80 yrs.
What is the premium paying term and frequency?
Premium Payment Options: 1. Regular Pay : Same as the...
Premium Payment Term:

1. Regular Pay : Same as the policy term
2. Pay till 60 : (60 - Age at entry + 1) yrs.


Premium paying frequency and Min. Premium:

Yearly - Rs. 3,000 
Half yearly - Rs. 2,000
Quarterly - Rs. 1,250
Monthly - Rs. 500
What is the minimum and maximum sum assured (Life Cover Amount) ?
Minimum Life Cover Amou....
Minimum Life Cover Amount:

If Better Half Benefit, Top Up Benefit or Life Stage Benefit is selected  - 50 lakhs
For all other scenerios - 25 lakhs

Maximum Life Cover Amount :

No Limit, subject to Board approved underwriting policy.
What is the minimum and maximum entry age for life assured?
Min entry age: 18 yrs. for Life Insured Max entry a ......
Min entry age: 18 yrs. for Life Insured

Max entry age for Life Insured:

 Life cover with level sum assured and  Regular Pay - 65 yrs.
 Life cover with level sum assured and 'Pay Till 60' Payment Option - 50 yrs.
 Life cover with Decreasing sum assured and  Regular Pay - 55 yrs.
 Life cover with Decreasing assured and 'Pay Till 60' Payment Option - 50 yrs.
What is the minimum and maximum entry age for spouse?
Min entry age: 18 yrs. for Spouse Max entry age for Spouse .........
Min entry age: 18 yrs. for Spouse

Max entry age for Spouse:

 Life cover with level sum assured and  Regular Pay - 60 yrs.
 Life cover with level sum assured and 'Pay Till 60' Payment Option - 50 yrs.
 Life cover with Decreasing sum assured and  Regular Pay - 55 yrs.
 Life cover with Decreasing assured and 'Pay Till 60' Payment Option - 50 yrs.
What is the minimum and maximum policy term?
Minimum Policy Term: For Regular Pay - 10 ......
Minimum Policy Term:

For Regular Pay - 10 yrs.
For "Pay till 60" - 15 yrs. 

Maximum Policy Term:

62 yrs.
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