Edelweiss Tokio Term Insurance FAQs

Free-look period offered for Edelweiss Tokio term insurance plans is 15 days. Under the free-look period the policyholder can choose to return/cancel the policy by stating valid reasons of being unsatisfied with the term insurance policy.

Different premium payment modes for Edelweiss Tokio term insurance insurance plans are monthly, quarterly, half-yearly and yearly premium payments.

Edelweiss Tokio term insurance plans are affordable, these plans offer high coverage at a reasonable price. These plans provide financial protection to the family of the life assured during difficult times. Edelweiss Tokio term insurance plans cover COVID-19 claims. You can enhance the base cover of your Edelweiss Tokio term insurance plan by adding rider to your term plan.

Customer care toll free number for Edelweiss Tokio Life Insurance is 1800-212-1212.

If all the documents are in order, Edelweiss Tokio Life Insurance does not need more than 24 hours to honour the claim.

The next of kin or the legal heirs of the deceased person or the nominee (if there was any initially) can register the claim for Edelweiss Tokio Life Insurance.

The claim amount is credited to the claimant’s account by Edelweiss Tokio Life Insurance.

No, the appointee is the trustee of the funds and holds the amount in trust for the nominees of the deceased person.

Edelweiss Tokio Life Insurance term insurance plans offer additional life cover to your spouse under the Better-half benefit option. It is in addition to your life cover.

You can add or delete riders on the policy anniversary. However, it depends on the product, rider specifications, and underwriting guidelines.

Yes, you can buy the Edelweiss Tokio Life Insurance Simply Protect policy online.

No, loans are not available against Edelweiss Tokio Life Insurance term insurance plans.

No, Edelweiss Tokio term insurance does not cover suicide. In case of demise of the life assured due to suicide within 12 months from the date of policy issuance or revival the nominee shall receive at least 80% of the total premiums paid, given that the policy is in force.

Better half benefit option provides wife/husband of the life assured, an additional life cover , with no further premiums in case of an unforeseen demise of the life assured during the policy term.

Different critical illness covered under Edelweiss Tokio Life Simple Protect plan are as following:

1. Cancer
2. Heart Attack
3. Open Chest CABG
4. Open Heart Replacement
5. Kidney Failure
6. Organ Transplant
7. Bone Marrow Transplant
8. Third Degree Burns
9. Permanent Paralysis
10. Stroke
11. Blindness
12. Coma

The minimum entry age for Edelweiss Tokio term insurance plans is 18 years and maximum entry age is 65 years. Anyone who is between the age group of 18-65 years can purchase Edelweiss Tokio term insurance plans.

Edelweiss Tokio Life Insurance premium calculator is available on the InsuranceDekho website in the life insurance section.

Each rider comes at a cost. The more the number of riders, the higher is the Edelweiss Tokio Life Insurance premium amount.

Smokers are at higher risk according to the Edelweiss Tokio Life Insurance Company. Hence, the premium amount is higher compared to non-smokers.

No, each plan just has a different structure, and the premium calculation is also different, but the same calculator is used for all the policies in Edelweiss Tokio Life Insurance.