{"id":1575,"date":"2018-02-25T23:22:26","date_gmt":"2018-02-25T17:52:26","guid":{"rendered":"https:\/\/www.antworksmoney.com\/blog\/?page_id=1575"},"modified":"2019-09-25T12:50:42","modified_gmt":"2019-09-25T07:20:42","slug":"edelweiss-tokio-term-plan","status":"publish","type":"post","link":"https:\/\/www.antworksmoney.com\/blog\/edelweiss-tokio-term-plan\/","title":{"rendered":"Edelweiss Tokio Term Plan"},"content":{"rendered":"

Types of Edelweiss Tokio Term Plan:<\/h2>\n

The different types of Edelweiss Tokio term plans are listed below:<\/p>\n

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  1. Edelweiss Tokio Life – Income Replacement<\/li>\n
  2. Edelweiss Tokio Life – Protection<\/li>\n
  3. Edelweiss Tokio Life – MyLife+<\/li>\n
  4. Edelweiss Tokio Life – Raksha Kavach<\/li>\n<\/ol>\n
    \n
    Edelweiss Tokio Life – Income Replacement<\/strong><\/p>\n
    \n

    Income Replacement is Edelweiss Tokio\u2019s term insurance plan where the death benefit is paid at an increasing rate every month post death.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n
    Parameters<\/strong><\/td>\nMinimum<\/strong><\/td>\nMaximum<\/strong><\/td>\n<\/tr>\n
    Entry Age<\/td>\n18 years<\/td>\n60 years<\/td>\n<\/tr>\n
    Policy Term<\/td>\n10 years<\/td>\n30 years<\/td>\n<\/tr>\n
    Benefit Expiry Age<\/td>\n28 years<\/td>\n80 years<\/td>\n<\/tr>\n
    Monthly Benefit<\/td>\nRs.15,000<\/td>\nNo limit<\/td>\n<\/tr>\n
    Premium Amount<\/td>\nDepends on the age, coverage, tenure and the premium paying term.<\/td>\n<\/tr>\n
    Sum Assured<\/td>\nMonthly benefit amount*12*Term<\/td>\n<\/tr>\n
    Premium Payment<\/p>\n

    Option<\/td>\n

    		Equal to policy term or 5, 10 or 15 Pay or Single Pay<\/td>\n<\/tr>\n
    Premium Payment<\/p>\n

    Modes<\/td>\n

    		Yearly<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n
    \n
    Edelweiss Tokio Life – Protection<\/strong><\/p>\n
    \n

    Edelweiss Tokio Life – Protection is a simple term offering that offers a lump sum to the life insured\u2019s family in the case of his unfortunate death. With this plan, the family can maintain the lifestyle, provided by the policyholder when he was alive, while at the same time securing them from immediate expenses at the time of his death.<\/p>\n\n\n\n\n\n\n\n\n\n\n
    Parameters<\/strong><\/td>\nMinimum<\/strong><\/td>\nMaximum<\/strong><\/td>\n<\/tr>\n
    Entry Age<\/td>\n18 years<\/td>\n60 years<\/td>\n<\/tr>\n
    Policy Term<\/td>\n10 years<\/td>\n40 years<\/td>\n<\/tr>\n
    Benefit Expiry Age<\/td>\n28 years<\/td>\n80 years<\/td>\n<\/tr>\n
    Premium Amount<\/td>\nDepends on the age, coverage, tenure and the premium paying term<\/td>\n<\/tr>\n
    Sum Assured<\/td>\nRs.15 lakhs<\/td>\nNo limit<\/td>\n<\/tr>\n
    Premium Payment<\/p>\n

    Option<\/td>\n

    		Equal to policy term or 5, 10 or 15 Pay or Single Pay<\/td>\n<\/tr>\n
    Premium Payment<\/p>\n

    Modes<\/td>\n

    		Yearly<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n
    \n
    Edelweiss Tokio Life – MyLife+<\/strong><\/p>\n
    \n

    MyLife+, offered by Edelweiss Tokio Life is a non-participating, non-linked Term Insurance Product that provides the policyholder the flexibility to choose the death benefit as lump sum or monthly payout or a combination of both. It also provides the flexibility to choose a cover for up to 80 years of age.<\/p>\n\n\n\n\n\n\n\n\n\n\n
    Parameters<\/strong><\/td>\nMinimum<\/strong><\/td>\nMaximum<\/strong><\/td>\n<\/tr>\n
    Entry Age<\/td>\n18 years<\/td>\n60 years<\/td>\n<\/tr>\n
    Policy Term<\/td>\n10 years<\/td>\n40 years<\/td>\n<\/tr>\n
    Benefit Expiry Age<\/td>\n–<\/td>\n80 years<\/td>\n<\/tr>\n
    Premium Amount<\/td>\nRs.2500<\/td>\nNo limit<\/td>\n<\/tr>\n
    Sum Assured<\/td>\nRs.25 lakhs<\/td>\nNo limit<\/td>\n<\/tr>\n
    Premium Payment<\/p>\n

    Option<\/td>\n

    		Equal to policy term<\/td>\n<\/tr>\n
    Premium Payment<\/p>\n

    Modes<\/td>\n

    		Yearly<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n
    \n
    Edelweiss Tokio Life – Raksha Kavach (Micro Insurance Plan)<\/strong><\/p>\n
    \n

    A micro term insurance plan, Raksha Kavach is designed for the people living in rural areas to provide them with life covers at minimal rates of premiums.<\/p>\n\n\n\n\n\n\n\n\n\n\n
    Parameters<\/strong><\/td>\nMinimum<\/strong><\/td>\nMaximum<\/strong><\/td>\n<\/tr>\n
    Entry Age<\/td>\n18 years<\/td>\n50 years<\/td>\n<\/tr>\n
    Policy Term<\/td>\n5 years<\/td>\n<\/tr>\n
    Benefit Expiry Age<\/td>\n23 years<\/td>\n55 years<\/td>\n<\/tr>\n
    Premium Amount<\/td>\nDepends on the age, coverage and tenure<\/td>\n<\/tr>\n
    Sum Assured<\/td>\nRs.5,000<\/td>\nRs.50,000<\/td>\n<\/tr>\n
    Premium Payment<\/p>\n

    Option<\/td>\n

    		Equal to policy term or Single Pay<\/td>\n<\/tr>\n
    Premium Payment<\/p>\n

    Modes<\/td>\n

    		Yearly<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n

    Key Features of Edelweiss Tokio Term Insurance Plan:<\/h2>\n