Edelweiss Life Insurance

Edelweiss Life Insurance is a private life insurance company in India that offers a range of life insurance plans to meet diverse financial needs. The company offers a range of options, including term insurance, savings plans, and investment-linked plans. All of these options protect your money and help you grow your wealth. Edelweiss Financial Services supports Edelweiss Life, which has a strong presence worldwide. The company has flexible, customer-focused insurance plans that help you reach your long-term financial goals and keep your family's future safe.

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Edelweiss Life Insurance: Policy Details, Premium & Benefits

Edelweiss Life Insurance

Edelweiss Life Insurance is a private life insurance company in India that offers a range of life insurance plans to meet diverse financial needs. The company offers a range of options, including term insurance, savings plans, and investment-linked plans. All of these options protect your money and help you grow your wealth. Edelweiss Financial Services supports Edelweiss Life, which has a strong presence worldwide. The company has flexible, customer-focused insurance plans that help you reach your long-term financial goals and keep your family's future safe.

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Insurer Highlights
  • Claim Settlement Ratio

    99.23

  • No. of Branches

    116 Branches

  • Claim Settlement Promise

    24 Hours

Why should I buy Edelweiss Life Insurance Plans?

Edelweiss Life Insurance provides a variety of life insurance plans with options for protection, wealth accumulation, and guaranteed income. Here’s why many people choose it:

Strong claim settlement record with a 99.23% ratio for FY 2024‑25.
Won the 'Public & Private Collaboration' award at NASSCOM TechForGood Awards 2024.
Wide reach with 94 branches and over 80,600 agents to support you across India.
The plans are meant to ensure that your family is financially secure even in your untimely death.
It also provides tax benefits under relevant laws. Thus, policies are a prudent financial decision.
Flexible plans that include protection, savings, and investment options for long-term financial planning.
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Edelweiss Life Insurance Plans

The Edelweiss Life Insurance company offers different types of insurance plans to fulfil the needs of policy buyers. Let’s look at the term plans offered by Edelweiss Life Insurance Company:

Edelweiss Life Insurance Plan Riders

One thing that makes Edelweiss Life Insurance attractive is that it offers a wide variety of additional benefits, known as riders, that you may add to your basic term insurance policy. Be it a sudden health issue, a marriage, or even a birth, these term insurance riders will provide you with comprehensive coverage for all untimely incidents in life.

Critical Illnesses Covered Under Edelweiss Life Insurance

The Critical Illness Rider offered by Edelweiss Life Insurance provides financial security in the event of a critical illness diagnosis. The rider offers a lump sum benefit in case of diagnosis of critical health conditions, which cover the entire spectrum of serious diseases, including heart attacks, strokes, cancer, kidney failures, etc. The rider pays a lump sum benefit to cover all medical, hospital, and other recovery-related expenditures, including critical illnesses like advanced stages of cancer, Open Heart Surgery (CABG), and other end-stage organ failures, including liver and lung failures.

How Much Term Cover Do I Need?

To ensure that your family has enough funds, it’s important to find out how much term life insurance coverage you need. To accomplish this, there are various tools and calculators utilized to find out just how much term life insurance cover you will need, such as the Human Life Value (HLV) Calculator.

As a general guideline, experts in finance recommend that an individual purchase a life insurance policy with a sum insured of 15 to 20 times annual earnings. Thus, if the age of an individual is 27 years, and the annual earnings are ₹9 lakhs, he/she will need a life insurance policy wherein the sum is guaranteed at ₹2.25 crores, to ensure that their family is able to maintain their lifestyle in the unfortunate event of his/her demise.

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Choosing the Edelweiss Life Insurance Plan with the Right Sum Assured Option

Determining the appropriate sum assured plays an important part in ensuring that your loved ones receive the appropriate financial assistance they need during your absence. Edelweiss Life Insurance offers various insurance plans to cater to different needs and goals. If you want to get insurance that can provide you with protection or even secure future economic obligations that can be fulfilled to provide your loved ones with a comfortable lifestyle during your absence, you should select an insurance plan that is appropriate. You must also think of your financial obligations, like home loans or funding your children's education, while choosing the amount of the insurance policy. By doing so, you can achieve peace of mind not only for yourself, but also for your family.

Edelweiss Life 1 Crore
Term Insurance
Edelweiss Life 2 Crore
Term Insurance
Edelweiss Life 5 Crore
Term Insurance
Edelweiss Life 75 Lac
Term Insurance
Edelweiss Life 70 Lac
Term Insurance
Edelweiss Life 50 Lac
Term Insurance

Term Insurance Premium Calculator

Our term life insurance calculator in india can help you calculate the following:

Edelweiss Life Insurance Plans

Edelweiss Life Term Plans

These are pure term insurance plans, basically, pure-risk term insurance plans that aim to provide families with financial protection in case of the policyholder's unfortunate demise. With these plans, families can secure their loved ones with high coverage at nominal premium rates.

Edelweiss Life Term Plan Entry Age Maturity Age Policy Term
Edelweiss Life Zindagi Protect 18 - 65 years 100 years 5 - (100 - age at entry) years
Edelweiss Life Saral Jeevan Bima 18 - 65 years 70 years 5 - 40 years

Edelweiss Life Wealth Creation Plans

Edelweiss offers wealth creation plans, which provide life cover and tax benefits on the amount you pay and subsequent returns.

Edelweiss Life Wealth Creation Plans Entry Age Maturity Age Policy Term
Edelweiss Life Wealth Secure + 0 - 60 years 70 years 5 - (100 - entry age) years
Edelweiss Life Wealth rise+ 0-50 years 100 years 5-40 years
Edelweiss Life Wealth Gain + 0-50 years 70 years 10-20 years
Edelweiss Life Wealth Premier 8-65 years 75 years 10 years
Edelweiss Life Wealth Ultima 0-70 years 100 years

Edelweiss Life Guaranteed Income Plans

Edelweiss Life Guaranteed Income Plans offer the dual advantage of life insurance and investment. These plans look after your family's financial needs and help you grow money to fulfill your future needs.

Edelweiss Life ULIP Plan Entry Age Maturity Age Policy Term
Edelweiss Life- Flexi Savings Plan 0-60 years 100 years 10-40 years
Edelweiss Life-Premier Guaranteed Star 0-65 years 99 years 20-44 years
Edelweiss Life- Guaranteed Savings Star 0-60 years 100 years 10-40 years
Edelweiss Life- GCAP 91 days- 55 years 70 years 10, 15, 20, 25 and 30 Years
Edelweiss Life- Income Builder 6-55 years 67 years 6-12 years

Edelweiss Life Retirement Plans

These plans offer financial security for your golden years with customizable annuity options. They provide a steady income stream post-retirement, ensuring peace of mind. Additionally, these plans provide guaranteed returns and protection against inflation to ensure you live peacefully after retirement.

Edelweiss Life Retirement Plans Entry Age Maturity Age Policy Term
Edelweiss Life - Cash Flow Protection Plus Plan 91 days to 55 years 100 years 100 years minus age at entry
Edelweiss Life - Easy Pension 18 to 75 years 85 years 10 to 67 years
Edelweiss Life- Forever Pension 35 to 85 years NA NA 
Edelweiss Life- Saral Pension 40-80 years NA NA 

one crore term plan
plus

Term Plans

₹1
Crore

Life Cover

@ Starting from ₹ 13/day+

₹50
LAKH

Life Cover

@ Starting from ₹ 8/day+

₹75
LAKH

Life Cover

@ Starting from ₹ 12/day+

Benefits of Edelweiss Life Insurance Plans

  • Wide choice of plans: Edelweiss Life offers term plans, ULIPs, savings and income plans. The company has different life insurance plans to fit everyone's needs.

  • Flexible payout options: Some plans let you decide how your family receives the benefit — as a lump sum, steady income, or both — so the money lasts longer and is easier to manage.

  • Opportunity to build wealth: With ULIP plans, your money can be invested in funds you choose, depending on how much risk you are comfortable taking.

  • Reliable claim experience: Edelweiss Life has a strong claim settlement record, which gives confidence that claims are handled and paid without unnecessary hurdles.

  • Tax savings where applicable: Premiums paid and benefits received may qualify for tax benefits under Indian tax laws, helping you plan more efficiently.

  • Reasonable premiums and easy buying: Many plans are priced sensibly, especially term insurance, and can be purchased online without paperwork or long delays.

one crore term plan

Secure Your Family Future Today

₹1 CRORE

Term Plan Starting @

Get an online discount of upto 15%#

Compare 40+ plans from 15 Insurers

+Standard T&C Applied

How to Buy Edelweiss Term Insurance via Policybazaar?

Step 1: Visit the term insurance page of Policybazaar

Step 2: Fill in the required details like your name, gender, and contact information

Step 3: Select the right smoking habits, educational qualifications, and annual income

Step 4: Choose the best Edelweiss Term insurance plan and proceed to pay

Note: Check all the best term insurance plan in India.

What is the Claim Settlement Process of Edelweiss Life Insurance?

Below mentioned is the claim settlement process of Edelweiss Life Insurance Company Pvt. Ltd.

Step 1: Claim Notification

The first thing you need to do is tell Edelweiss Life about the claim. You can do this online by filling out the online claim intimation form on the Edelweiss website. You can also call customer service, email the insurer, or go to the nearest branch.

Step 2: Submit the Documents

After the claimant files their claim, the nominee gets a request to send in the necessary documents. If someone dies and you want to make a claim, you'll need a claim form, a death certificate, photocopies of the nominee's identity and address proof, bank details, and a policy document if you have one. You also need medical reports, FIR reports, or post-mortem reports if someone gets hurt or sick.

Step 3: Review and Confirm the Claim

After receiving all the documents, the claims team will review the claims details to ensure they meet the policy requirements. Most claims can be handled quickly, but some may take a little longer to figure out.

Step 4: Settle the Claim

After the claim is approved, the money is sent directly to the nominee's bank account via electronic payment. Edelweiss Life makes sure that the nominee is aware of the claim process throughout. If the claim payment is late, he or she may also get interest.

Life Insurer Details

How To Contact Edelwiess Life Insurance

Edelweiss Life has a number of ways for you to get in touch with them if you need help with your policy, want to make a claim, or have questions about your coverage. You can get most services online and in person.

Customer Service (Toll-Free)

If you need help with your policy, have questions about your plans, or need help with a claim, call 1800-212-1212.

WhatsApp Support

You can also connect through WhatsApp for quick help. The number 98335-21212 is often listed for customer support and service requests.

Send an email

care@edelweisslife.in – For general questions about customer service and policies

claims@edelweisslife.in—For questions about claims and help with documents

If you have a problem with service or want to file a complaint, please email complaints@edelweisslife.in.

Corporate and Registered Office

Edelweiss Life Insurance Company Limited is on the 6th floor of Tower 3, Wing B.

Kirol Road, Kohinoor City

Kurla (West), Mumbai – 400070 India

Visit a Branch

You can go to any Edelweiss Life branch if you want help in person. To find the nearest one, go to the official website and use the Branch Locator tool.

Request for a Call Back

You can fill out your information on the official "Contact Us" page to get a call back from the support team at a time that works for you.

FAQs

  • What plans does :contentReference[oaicite:0]{index=0} offer?

    Edelweiss Life offers term insurance plans, savings and guaranteed income plans, and ULIPs that combine life cover with investment-linked growth.
  • Are Edelweiss Life Insurance policies eligible for tax benefits?

    Yes. Eligible premiums and benefits may qualify for deductions or exemptions under applicable Indian income tax laws, subject to prevailing rules and amendments.
  • How can I pay the premium? What payment methods are available?

    Premiums can be paid through both online and offline modes.
    Online modes:
    • Debit card
    • Credit card or standing instructions
    • Net banking
    Offline modes:
    • ECS facility
    • IVRS
    • Money order
    • Cash, cheque, or demand draft
    You can also visit the nearest branch to make an offline payment.
  • How can I check the policy status of my Edelweiss Life Insurance policy?

    You can check your policy status online by visiting the customer e-portal and entering your policy number along with your date of birth.
  • What is the Edelweiss Life policy renewal process?

    Policy renewal can be done online using auto-debit or standing instruction options through the e-portal by logging in with your credentials. Offline renewal is possible by visiting a branch office or contacting customer care for assistance.
  • What is the Edelweiss Life policy cancellation process?

    If you are not satisfied with the policy, you can submit a surrender or cancellation request at a branch office along with the required form. The policy is generally cancelled within 10 days, and any refund is calculated based on the prevailing NAV, after applicable charges.

˜The insurers/plans mentioned are arranged in order of highest to lowest Sum Assured(SA) offered by Policybazaar’s insurer partners offering term insurance plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI.

Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in

Rs. 400/month is starting price for a 1 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10.

Rs. 400/month (Rs.13/day) is starting price for a 1 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 230 is starting price for a 50 lakhs term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10.

+Rs. 8/day is starting price for a 50 lakhs term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10.

+Rs. 12/day is starting price for a 75 lakhs term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10.

+Rs. 497/month is starting price for a 1.5 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 487/month is starting price for a 2 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 626/month is starting price for a 3 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 905/month is starting price for a 5 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. ₹361/month is the starting price for a ₹1 crore loan cover with an 8% interest rate for an 18-year-old male, non-smoker, with no pre-existing diseases, loan tenure up to 20 years, rounded off to the nearest 10

+Rs. 1,267/month is starting price for a 7 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

*The full refund of premium is available on availing the one-time option of refund of premium. Total premium paid for policy (paid for add-ons) will be the special exit value, payable on availing the one-time option of refund of premium if you wish to completely exit the policy.

+Rs. 447/month is starting price for a 1 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs.679/month is starting price for a 2 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 910/month is starting price for a 3 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 1,374/month is starting price for a 5 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 1,924month is starting price for a 7 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

Women

+Rs. 400/month is Starting price for a 1 crore term life insurance for an 18 year-old Female, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10.

Rs. 461/month is the starting price for a 1 crore term life insurance for an 24 year-old female, non-smoker, with no pre-existing diseases, cover upto 54 years of age.

1,642/month is the starting price for a 1 crore term life insurance for an 44 year-old female, non-smoker, with no pre-existing diseases, cover upto 74 years of age.

Prices offered by the insurer are as per the approved insurance plans | #All savings and online discounts are provided by insurers as per IRDAI approved insurance plans | Standard Terms and Conditions Apply | **Tax Benefits are subject to changes in tax laws.| Policybazaar Insurance Brokers Private Limited

We will respond in the first instance within 30 minutes of the customers contacting us. 30-minute claim support service is for the purpose of giving reasonable assistance to the policyholder in pursuance of the claim. Settlement of claim (including cashless claim) is the responsibility of the insurer as per policy terms and conditions. The 30-minute claim support is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. For further details, 24x7 Claims Support Helpline can be reached out at 1800-258-5881

For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale

Policybazaar Insurance Brokers Private Limited | CIN: U74999HR2014PTC053454 | Registered Office - Plot No.119, Sector - 44, Gurgaon, Haryana – 122001 | Registration No. 742, Valid till 09/06/2027, License category- Composite Broker Visitors are hereby informed that their information submitted on the website may be shared with insurers. Product information is authentic and solely based on the information received from the insurers.

© Copyright 2008-2026 policybazaar.com. All Rights Reserved

˜ Policybazaar Promise reflects the guarantee offered by insurers. Price assurance is based on certifications shared by insurers with us.

Types of term plans

Policybazaar offers the following types of term insurance plans to fit the different needs of Individuals from all walks of life.

Choose Term Insurance Plan as per you need

Plans starting from @ ₹473/Month*
Term Insurance
1 Crore Term Insurance
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2 Crore Term Insurance
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5 Crore Term Insurance
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6 Crore Term Insurance
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15 Lakh Term Insurance
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Edelweiss Life Insurance Reviews & Ratings

4.6 / 5 (Based on 45 Reviews)
(Showing Newest 10 reviews)
Dipendra
Rajasthan, July 16, 2024
Trustworthy Provider
Policybazaar is a trustworthy provider for term plans. Clear terms, competitive rates. Feel confident in my familys financial protection.
Akhilesh
Maharashtra, July 16, 2024
Smooth Experience
Smooth experience purchasing a term plan from Policybazaar. User friendly website, helpful customer support. Satisfied with the coverage options.
Jaynarayan
Maharashtra, July 16, 2024
Reliable Coverage
The company provides reliable coverage options for term insurance. Found the perfect plan to suit my needs and budget. Highly satisfied with their service and commitment to customer satisfaction.
Anand
Anand, April 07, 2021
Add on benefits
With the term insurance plan I got the additional benefits too with the minimum amount of payment. This plan has been a great thing for me. I got some of the benefits added in my term plan as it will give my plan a much better enhancement. It is possible with edelweiss tokio and policybazaar. Thanks team.
Natasha
Nadasa, April 05, 2021
Check premium online
It is really easy to check for the premium price online. I bought this edelweiss tokio plan from the website of the policybazaar. It is easy for me to understand about the term plan and to buy it conveniently. Thanks to whole team of policybazaar.
Vishal
Andipatti, March 31, 2021
Add on benefits
With the term insurance plan I got the additional benefits too with the minimum amount of payment. This plan has been a great thing for me. I got some of the benefits added in my term plan as it will give my plan a much better enhancement. It is possible with edelweiss tokio and policybazaar. Thanks team.
Alisha
Sheikhpura, March 23, 2021
Check premium online
It is really easy to check for the premium price online. I bought this edelweiss tokio plan from the website of the policybazaar. It is easy for me to understand about the term plan and to buy it conveniently. Thanks to whole team of policybazaar.2
Omkar
Aranthangi, March 18, 2021
Such great offers
I recently bought a life insurance plan of edelweiss tokio and it was taken from the website of the policybazaar. I got to know about various features under this plan and I really like it. Thanks.
Samrat
Bagodar, March 17, 2021
Such great offers
I recently bought a life insurance plan of edelweiss tokio and it was taken from the website of the policybazaar. I got to know about various features under this plan and I really like it. Thanks.
Pravin
Rampur, March 09, 2021
Customer care helping nature
The customer care team of policybazaar is really nice and work on their toes. I had taken the edelweiss tokio life insurance plan and the customer care team helped me a lot for the same. They have sorted my life and I had secured my family too. Thanks team.
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