Edelweiss Tokio Life – Total Secure+ | Online Term Insurance Plan

Edelweiss Tokio Life – Total Secure+ | Online Term Insurance Plan 

Life is uncertain and life insurance can provide financial help to your family when you are no longer around them. Nothing can replace a loved one but advance planning with life insurance can make things easier for those you leave behind. So secure your family's future today and make term insurance your best friend.

Term insurance is the simplest life insurance that provides full financial coverage for a specific time period. Term insurance is the cheapest form of life insurance as it does not have any cash value. The term insurance policy comes useful only in case of death of the insured individual during the policy term. Thus, term insurance is the most basic and useful form of life insurance that you can purchase for your family security. Almost all life insurance companies in India have term insurance plans in their bouquet of policies at competitive rates.

Edelweiss Tokio Life – Total Secure+

Edelweiss Tokio Life – TotalSecure+ is one among the popular term insurance plans that are available in the market. As per Edelweiss Tokio Life, this is a comprehensive online term insurance plan which provides life cover and covers against 35 critical illnesses. It provides comprehensive protection that secures your family and also fulfills your need for critical illness insurance. This online term insurance plan comes with multiple customization options. You can choose the life cover, critical illness benefit, policy term, premium paying term and benefit payout options.

Edelweiss Tokio Life – Total Secure+

An online term insurance plan with

(a) Life and health cover

(b) Protection up to 80 years

(c) Cover for 35 critical illnesses

Edelweiss Tokio Life – Total Secure+ -- Key Features

1. This plan provides life cover & cover against 35 critical illnesses such as cancer, diabetes etc. You can customize this plan by choosing convenient payment terms & payout options.

2. There is flexible premium paying terms such as single pay, limited pay, and regular pay till policy lasts.

3. In a case of specified critical illnesses, you will receive a payout of the critical illness sum and the policy will continue with the base sum assured reduced by the amount of critical illness claim paid. Future premiums under the policy for death benefit will be reduced proportionately.

4. You can save tax under section 80D, section 80C and section 10 (10D) of Income Tax Act,1961.

5. You can choose the death benefit payout options as lump sum or income along with the number of months you want the death benefit to be paid.

Edelweiss Tokio Life – Total Secure+ -- Riders

Edelweiss Tokio Life – Total Secure+ term plan offers different riders to make the online insurance term plan more comprehensive.

1. Edelweiss Tokio life Accidental Total & Permanent Disability.

2. Edelweiss Tokio life Accidental Death Benefit.

3. Edelweiss Tokio life hospital cash.

4. Edelweiss Tokio life waiver of premium.

Edelweiss Tokio Life – Total Secure+ -- Eligibility Criteria

1. Age (as on last birthday)

Minimum – 18 years age last birthday

Maximum – 65 years age last birthday

2. Policy term

Life Cover: Minimum 10, Maximum 62 years

Life and Basic Health & Life and Comprehensive Health: Minimum 10, Maximum 40 years

3. Maximum maturity age

Life Cover: 80 years

Life and Basic Health & Life and Comprehensive Health: 75 years

4. Minimum sum assured

Minimum Sum Assured: Base Sum Assured: Rs 25,00,000

Critical Illness Sum Assured: Rs 500,000

5. Premium payment frequency

Single Pay: Single

Other Pay: Only annual premium payment mode is available under this product

Edelweiss Tokio Life – TotalSecure+ is a comprehensive online term insurance plan which provides life cover and covers against 35 critical illnesses.

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