Term Plan With Benefits: Introducing Edelweiss Tokio Life - Zindagi+ - Insurance News | InsuranceNewsNet

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August 14, 2018 Newswires
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Term Plan With Benefits: Introducing Edelweiss Tokio Life – Zindagi+

PR Newswire India

MUMBAI, August 14, 2018 /PRNewswire/ --

Edelweiss Tokio Life Insurance, a joint venture between the Edelweiss Group and Tokio Marine Holdings of Japan, is launching Edelweiss Tokio Life Zindagi Plus - a first of its kind Term Insurance Plan.

     (Logo: https://mma.prnewswire.com/media/730323/ETLI_Logo.jpg )

Zindagi Plus is much more than a term plan. It's a futuristic plan catering not only your present requirements but flexible enough to take care of your changing needs and responsibilities. The life cover can be chosen as little as 25 lakhs and as high as 10 crores. The policy holder also has an option to 'Pay till 60 years of age'. Under this, he won't have to pay after 60 years of age, but the premium will be a little higher than the premium of a regular policy term. The advantage is that if your income earning capacity stops after 60 years (for salaried employees), then you won't have the burden of paying premiums.

Zindagi Plus offers 7 key benefits: 

  • Better Half Benefit (minimum life cover - 50 lakhs)
  • Top-up Benefit (minimum life cover - 50 lakhs)
  • Waiver of Premium
  • Accidental Death Benefit
  • Critical Illness Cover
  • Accidental Total and Permanent Disability
  • Decreasing Sum Assured

Zindagi Plus offers the 'Better Half Benefit' under which after the death of the policy holder, a life cover will start in his/her spouse's name. This will be 50% of the life cover of the policy holder, up to an amount of Rs. 1crore. The spouse won't have to pay any premium and the nominee will also get the sum assured. A very important feature of this benefit is that it also covers housewives under the policy.

Whether it is taking care of the family's future wealth or protecting your family against any odds Edelweiss Tokio Life - Zindagi Plus helps in taking care of one's financial goals at various life stages.

About Edelweiss Tokio Life Insurance 

Edelweiss Tokio Life Insurance Company Limited ('the Company'), registered with Insurance Regulatory and Development Authority of India (Regn. no. 147), is a joint venture between Edelweiss Financial Services Limited and Tokio Marine Fire Nichido Insurance Company Limited (a Japan based company), having a shareholding of 51% and 49% respectively in the Company. This lineage brings together a deep understanding of customer needs and international expertise. The Company offers proprietary need-based solutions to help customers meet their life stage financial goals.

Edelweiss Tokio Life Insurance Company Limited won the 'Best Product Innovation' title by Fintelekt Insurance Awards 2017 & National Award for Excellence in Insurance 2017.

Edelweiss Tokio Life Insurance Company Limited was recognised as 'Best Life Insurer of the Year' by Outlook Money Awards 2016.

To learn more about Edelweiss Tokio Life Insurance, please visit http://www.edelweisstokio.in

Media Contact: Pooja Deshmukh [email protected]
+91-9594351233
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