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Edelweiss Tokio Life Insurance launches online protection plan

Edelweiss Tokio Life Insurance launches online protection plan

India Blooms News Service | | 29 Sep 2016, 10:52 pm
Mumbai, Sept 29 (IBNS): Edelweiss Tokio Life Insurance Company Limited, the life insurance arm of Edelweiss Financial Services Ltd., launched 'Edelweiss Tokio Life- TotalSecure+', an online plan that provides complete life protection in the form of a life cover, as well as an option to cover against critical illnesses.

The Critical Illness Benefit is an accelerated benefit and not an additional benefit which means the policy will continue with the Death Benefit, reduced to the extent of the Critical Illness Sum Assured already paid.

TotalSecure+ is a non-participating, non-linked, term insurance plan with three options, Life Cover, Life Cover with ‘Basic Health Cover’ covering 7 Critical Illnesses and Life Cover with ‘Comprehensive Health Cover’ covering 35 Critical Illnesses. All these three options allow the customer to choose the policy term and customise the plan as per requirement and convenience. 

Under the Life Cover, the coverage is available up to age 80 along with a choice of various premium payment terms.

Under Life Cover with ‘Basic Health Cover and Life Cover with ‘Basic Comprehensive Cover’, the coverage is available up to age 75.

Talking about the new online plan, Deepak Mittal, MD & CEO, Edelweiss Tokio Life Insurance said, “TotalSecure+ is designed in line with our core philosophy to plan solutions based on a true understanding of customer needs. The Life Cover coupled with the Critical Illness option, enables one to have peace of mind even in unforeseen circumstances. In the case of diagnosis of a critical illness - loss of income, an imperative need to pay off debts and other treatment costs - TotalSecure+ empowers one with complete security.”

Image: edelweisstokio Oficial Website

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