Edelweiss Term Plan

Edelweiss Life - Income Replacement

This is Edelweiss Life Insurance's Income Replacement is Edelweiss  term insurance plan where the death benefit is paid at an increasing rate every month post death.

Edelweiss Life - Protection

Edelweiss Life - Protection is a simple term offering that offers a lump sum to the life insured's 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.

Edelweiss Life - MyLife+

MyLife+, offered by Edelweiss 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.

Edelweiss Life - Raksha Kavach (Micro Insurance Plan)

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.

Key Features of Edelweiss Term Insurance Plan:

1. Attractive premium rates
2. Comprehensive protection plans
3. Flexible payout as lump sum, monthly, or a combination of both
4. Hassle-free claims
5. Easy online buying option
6. Quick documentation
7. Tax benefits under Sec 80C and 10 (10D) of the Income Tax Act 1961

Example of Edelweiss Term Plan

Mr. Ram, a non-smoker, aged 35 buys Edelweiss Term Plan for a sum Assured of Rs.50,00,000 for a policy term of 15 Years, on an annual mode. In the middle of the term, he meets with an accident and dies. On his accidental death, his beneficiary will receive the entire sum assured.