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Edelweiss Tokio Protection Plan
Edelweiss Tokio Life – Protection Plan
Edelweiss Tokio Life - Protection is a vanilla term plan from Edelweiss Tokio Life Insurance Company where the nominee would get the Sum Assured as death benefit if the life insured dies within the policy tenure but nothing would be payable to the policyholder if the life insured survives. Hence there is no maturity or survival benefit in this case.
Key Features of Edelweiss Tokio Life - Protection
It is a pure Term Insurance Policy with Death Benefit only and no Maturity Benefit
Large Sum Assured rebate is available.
Limited Premium paying Options available
Discount for non-smokers for a sum assured of Rs 25 lacs and more.
COMPARE THIS PLAN WITH OTHER TERM PLANS
Benefits you get from Edelweiss Tokio Life - Protection
Death Benefit – In case of death of the policy holder, the nominee would receive the sum assured under this policy.
Maturity Benefit – There are no maturity benefits under this plan.
Income Tax Benefit - Life Insurance premiums paid up to Rs. 1,00,000 are allowed as a deduction from the taxable income each year under section 80C
Eligibility conditions and other restrictions in Edelweiss Tokio Life - Protection