Edelweiss Tokio Life MyLife+

Edelweiss Tokio Life Insurance Company is a highly customer-focused life insurer, which began operations in 2011. Edelweiss Tokio Life is a joint venture between Tokio Marine Holdings Inc and Edelweiss Financial Services.

Edelweiss is one of the leading financial services companies in India, and Tokio Marine Holdings Inc is a 130-year-old insurance company in Japan.

Grow together as one of the leading life insurers in India. The accident rate of Edelweiss Tokio Life Insurance is 93.29% and has paid real damages within 24 hours of its completion.

Features of Edelweiss Tokio Life MyLife+

The most important functions of Edelweiss Tokyo Life MyLife + are listed below:

Comprehensive economic schedule

3 Payment options to choose option 1 - Flat option 2 - Monthly payment

Option 3 - Both (lump sum + monthly payment)

Discounts in a guaranteed larger sum

Option to choose life insurance up to 80 years.

Save taxes on premiums paid and payments in accordance with the income tax law.

Adapt your term schedule with additional controllers

Lower premiums for non-smokers and women.

Personalized plan in terms of contract, premium, payments, life insurance.

Benefits of Edelweiss Tokio Life MyLife+ Plan

1.Death benefit

-Lump-sum benefit option

-Income benefit option

1. Accidental Death Benefit Rider
2. Waiver of Premium Rider
3. Surrender Benefit
4. Maturity Benefit
5. Accidental Total and Permanent Disability Rider

Plans Offered by Edelweiss Tokio Life MyLife+

The applicant has the option to choose between different payment methods as necessary.

death benefit options

Global sum: if a candidate chooses the global sum option, the candidate will receive the death benefit in the form of a single lump sum.

Monthly income: Edelweiss Tokyo pays the candidate 1% of the sum insured in the next 130 months as a death benefit. For example, if the sum insured is 1 crore Rs.1, 1% of the sum insured for the next 130 months is 1 lakh Rs per month.

Global sum + monthly income: the payment consists of a lump sum and a monthly income. With this option, part of the insured amount is paid in the form of a lump sum and the rest of the sum insured in the form of a monthly income.

Exclusion

Suicide Exclusion: if the Life Insured commits suicide, either sane or insane, within 12 months after the date of inception or revival of the policy, 80% of the premiums received will be payable.

Edelweiss Tokio Life MyLife+ Review

MyLife + is an online template that can be customized with optional drivers. In addition, the ability to choose the payment option and the payment method is flexible. Edelweiss Tokio has grown exponentially since 2011, with the main objective of customer satisfaction. It is the rapid claim settlement process of Edelweiss Tokio that wins the trust of its customers.

Edelweiss Tokio Life also provides Zindagi Plus Plan, Edelweiss Tokyo Life - Zindagi Plus is life insurance that protects your family. Not only does it cover your current needs, but it also provides the flexibility to respond to changing needs and increase your living expenses. It also ensures that the family remains well protected, even if the family's main breadwinner is not there.