Edelweiss Tokio Term Insurance Calculator

In this day and age, life insurance policy is a necessity more than a choice. The need for insurance varies for different individuals. Edelweiss Tokio Life Insurance understands the various needs of its customers. They provide an extensive range of insurance products to cover the requirements for each of their customers. The customers can choose the plan that meets their expectations. The premium of term Insurance can be easily calculated by suing Edelweiss Tokio Term Insurance Calculator.

Why You Should Use a Term Insurance Premium Calculator?

By using a term insurance calculator an individual can evaluate the premium rate of the policy and choose the plan that best suits their requirements. It also gives them an idea of the time period for which they have to pay the premium. The term insurance premium calculator helps the customer to choose their Insurance policy wisely.

By using Edelweiss Tokio Term Insurance Calculator, the customer can easily compare between various term Insurances that are available and settle for the best Insurance that suits them. The term insurance calculator can be used online. 

Reasons for Using a Term Insurance Calculator:

  • The term insurance calculator can be used evaluate the premium rate of the policy.
  • By calculating term insurance online, the customer can compare their premium with other Insurance policies and differentiate the advantages and disadvantages.
  • Before taking a plan, the customer can use Edelweiss Tokio Term Calculator for calculating the premium rate of the policy and choose the best premium for them.
  • By calculating and comparing, the customer can check if the premium is affordable to pay.
Why buy Term Insurance early?

Your premium is decided on age at which you buy the policy and remains same, throughout your life

Premiums can increase between 4-8% each year after your Birthday

Your policy application could be rejected or premiums increase by 50-100%, if you develop a lifestyle disease

See how age affects Term Insurance Premiums
See how age affects Term Insurance Premiums
Premium 479/month
Age 25
Age 50

The Process to Use Edelweiss Tokio Term Insurance Calculator

The Edelweiss Tokio Term Insurance Calculator is free to use and is available online. Within a few steps, the customer can know the approximate premium rate of the term insurance policy. For using Edelweiss Tokio Term Insurance Calculator, the customer has to visit the Insurance Company's official website and select the "Term Insurance Calculator" option that is available.

Enter the Required Information  

Once you open the term insurance calculator, you will need to enter some information that is required for calculating the premium amount of the method that they desire. The statement asked will be basic like - Name, Gender, Mobile Number, D.O.B. and E-mail ID. Once you enter all the information, click on the "Submit" button. The approximate premium amount of different term insurance policy will be displayed on screen. 

Enter the Sum Assured Amount 

Before entering the Sum Assured amount, the individual has to choose the plan wisely by keeping their future requirements and necessities in mind. They can view their premium payment once in a month or twice a year, or once in a year according to their convenience.

See the Premium Amount and Then Decide 

By comparing the premium rate of different term insurance policies, the insurance buyers can choose the plan which offers maximum benefit at a lower premium rate.

Advantages of Edelweiss Tokio Term Insurance Calculator

There are many advantages of choosing the Edelweiss Tokio Term Insurance Calculator. Let’s take a look at some of the advantages of using Edelweiss Tokio Term Insurance Calculator.

Knowledge on premium amount 

Calculating various premium amounts helps the customers to get a deep in-depth understanding of the differences and benefits of a particular policy. This process allows the customer to choose the best among the widely available policies.

Free and informative 

The calculator can be used online freely in a simple and hassle-free way.

Saves time and convenient 

Calculating premium online saves the customer's time a lot. With the help of an online premium calculator, the customer can calculate their premium amount from their homes' convenience. They can get immediate results too.

Information Required While Using Edelweiss Tokio Term Insurance Calculator

Before using the online calculator, one should keep handy the following information:

  • KYC Details or Personal Details like – Name, D.O.B., Gender, E-mail ID, Salary details, Insurance amount etc.
  • Information on personal health is needed like – Critical illnesses or smoking or drinking habits.
  • The amount that is needed as a life cover.
  • The future plans or goals of the person or their family members of the person who is taking the Insurance.

Benefits of Buying Edelweiss Tokio Life Insurance Plan

There are various benefits of purchasing Edelweiss Tokio term insurance policy

High Life Covers at a lower premium rate:

The term insurance policies offered by Edelweiss Tokio Life Insurance provide high life covers at a lower premium rates. 

Long-Term Protection Plans:

This term insurance policies offered by Edelwess Tokio is built to provide long-term protection to the customer and their family members. 

Maintaining Financial Stability:

The term insurance makes sure to stabilize the customer's family's financial status during the times of their presence and even in their absence. 

Tax Benefits:

Tax Benefits offered are one of the essential benefits among all the other options. The customer can avail of tax benefits under section 80C of the IT Act on their insurance premium.

*Tax benefits are subject to change as per tax laws. Standard T&C Apply 

Rider Benefits:

The Edelweiss Tokio Life Insurance offers other add on benefits on their term insurance plans like –Accidental covers, Critical illness covers, Death over accident covers etc. 

Edelweiss Tokio Term Insurance Premium Rates

Edelweiss Tokio has affordable premium rates for their insurance plans. The customer can decide their premium amount and the term of paying according to their convenience. Edelweiss has different Insurance that serves other categories.

A customer can choose a plan based on the details below:

  • Age – Any Individual above 18 years up to 60 years of age is eligible for applying.
  • Policy Term – The Policy Term for an Individual starts from a minimum of 10 years to a maximum of 30 years.
  • Benefit Expiry Age – The expiry age of an individual starts from 28 years to 80 years.
  • Monthly Benefit – Minimum Rs. 15,000 INR up to No limit.
  • Premium Amount – The premium amount depends on the age, cover, tenure and premium paying term.
  • Sum Assured – Monthly benefit amount *12* Term.
  • Premium Payment Option – Equal to the policy term.
  • Premium Payment Modes – Yearly.  
  • Attractive Premium Rates.
  • Buy online option – The individuals can buy a policy and pay the premium online. This saves time for the customer.

*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C apply.

The policy terms and sum assured depending on the plan chosen by the individual. The individual can choose based on their needs and benefits. They can use the calculator tool available online to get an idea about what the term plan premium calculations will be.

F.A.Q.s

  • Q. What is the upper limit for the sum assured?

    There is no upper limit for sums assured for Edelweiss Tokio term plans; the minimum limit for the sum assured is Rs.50,000. 

  • Q. What will happen if I miss a premium payment?

    If the policyholder forgets or misses paying a premium, a grace period will be given to the policyholders for making a premium payment. This grace period is for 30 days from the date of missed payment. 

  • Q. What is a Free-look period in a Term Insurance?

    The Free-look period is provided for a for term insurance policy to consider its details. This period is of 15 days and begins from the day one gets the policy documents. 

  • Q. What is meantby Grace Period in Term Life Insurance?

    The Grace period is the period that is provided by the Insurance to the customer in case he is late for the payment of premium. This grace period provided for the payment of the premium is 30 days from the due date. This period may be shorter in case the premiums are being paid monthly. 

  • Q. How can I choose the best Life Insurance Plan?

    For concluding the best Life insurance plan, one should keep the following factors in mind:

    • Choose a cover amount that is sufficient to ensure the family’s financial future.
    • The premium to be paid by the individual should be affordable.
    • The claims settlement ratio provided by the insurer must be a good one.
    • If an individual doesn't want to make a one-time payment, the plan should allow for annual, half-yearly and monthly payments.
  • Q. How do the Term Insurance Policies operate?

    The individual can start by choosing a plan that is affordable to their convenience and covers the needs of their families. After selecting the project, the individual pays a premium amount for the particular time period. The maturity date differs for each Insurance policy. It can start from 5 years to 30 years, depending on the policyholder's age and the policyholder's preferences. 

    If an individual needs to get premium returns upon a policy's maturity, they can research well before investing. 

  • Q. What are the benefits of Edelweiss Term Insurance?

    The benefits of Edelweiss Term Insurance are as follows:

    • Death benefits – In case of accidental or unexpected deaths, then the nominee of the deceased person receives the sum assured as a death benefit.
    • Tax benefits*– The tax benefits are offered by Edelweiss Term Insurance under the section 80C of the Income Tax Act, 1961. (Tax benefits are subject to changes in tax laws)
    • Maturity benefits – On the return of a premium plan, the maturity benefit will be returned 100% for the premiums paid by the individual.
    • Survival benefits – The individual can get survival benefits on their policies.
    • Riders – Riders covers the various factors like critical illnesses and accidental deaths.
    • Add-ons – Apart from all the above, there are a few add-on benefits offered by the Edelweiss Term Insurance, like paid-up values.
  • Q. Do Edelweiss policies offer nomination benefits?

    Yes. Edelweiss offers nomination benefits in their policies. Upon the Death of the policyholder, the person who is added as the nominee for that policy may receive the policy benefits from the insurer.

  • Q. What are the modes for paying a premium?

    The different modes available for paying a premium are:

    • Credit cards
    • Debit cards
    • Net banking
    • Online wallets
    • Offline – Offline mode includes payment at the office branches directly or to the Life Insurance agent.

      The customer or the policyholder can choose any one of the options from the above for paying their premium. Online wallets and Net Banking are easy to use options since the customer can pay their compensation from the comfort of their homes.

Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
Average Rating
(Based on 30 Reviews)
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Edelweiss Tokio Term Insurance Calculator Reviews & Ratings

4.6 / 5 (Based on 30 Reviews)
(Showing Newest 25 reviews)
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
Ashok
Ashok Nagar, February 16, 2021
Got the best
I have got the best term insurance plan with the help of the policybazaar. I am really liking this product as it has given me so much of facilities in one plan. I have got the edelweiss tokio life insurance plans.
Kartik
Nandyal, February 16, 2021
Get best coverage
I got the one of the amazing plan from the policybazaar and it has the great coverage. I bought the edelweiss tokio life insurance and I got it done from the website of the policybazaar. Thanks a lot team.
Abha
Badami, February 16, 2021
Compare and buy
I have recently bought a edelweiss tokio term insurance plan from the policybazaar. It is one of the best plan and before buying it I compared it a lot. All thanks to whole team for providing the best plan.
Rajesh
Madhupur, January 29, 2019
Good Services
I have checked different plans of Edelweiss Tokio Life Insurance Company with the help of policybazaars agent who was really helpful. One thing that you must keep in your mind while opting for plans of Edelweiss is that they are pure life insurance plans and hence will work the best income replacement for my family. Apart from this, the customer support executive has also advised me about the customization feature of the policies that I can use to include my needs.
Suhasini
Manesar, July 19, 2016
Term Insurance Plan
My term insurance plan is fantastic which has maximum coverage in low investments. Policy premiums are less and this great plan i have is from edelweiss tokio life insurance. Service is very well given by the company members. Updates of the policy send to my account regularly.
Maanveer
Gurdaspur, July 19, 2016
Good Coverage
The edelweiss tokio life insurance is fine insurance company. I took term insurance plan in low investments and it has low premiums too. I got this plan after long searching on internet. The online portal sites provides easy renewals of the plans.
Ranbir
Bangalore, May 20, 2016
Perfect Policy
I purchase edelweiss tokio term insurance plan. Policy coverage is good ~90% and the premiums are low approx. 34 K. Claiming is easy and the waiting time is very less due to fast and on time services from executives and the staff members. Good future investment and it reduces my taxes too.
Chirag
Pune, May 20, 2016
Quality Investment
I buy edelweiss tokio life insurance policy and the product is term insurance plan. The premiums are ~Rs.32 K per year. The claims are good and easily sanctioned. Service facilitate by executives and staff members are very nice and fast. The policy saves taxes and it is really very good investment for future. Daily updates are send to me timely.
Bhupesh
Nagpur, May 20, 2016
Trustworthy
I buy term insurance policy plan from edelweiss tokio life insurance. The policy is good and the premiums are very less. The best investment and the taxes are also saved. Policy coverage and claims are good and the services is super. Good behaviour shown by executives and staff members.
Abhinav
Gwalior, May 20, 2016
Awesome Plan
The edelweiss tokio term insurance plan is one of the best policy. Policy coverage is approx. 85% and the claims are good even the the claiming procedure is easy because the service provided by the executives and staff members are good and even the web services are even better. The premiums are low and for women get 5% less extra benefits on premiums. Good tax saver too. I like the policy.
Deepak
Gurgaon, March 12, 2016
Best policy
I applied the term plan with policy bazaar of Edelweiss tokio and i had the good experience with service , next day onward they collect my medical sample so over all that was the good experience
Vijay
Gurgaon, February 23, 2016
Best Services
I am delighted with the support and help received from Edelweiss team.They were very helpful and polite till the time policy was issued.Would like to thank the entire team for a quick and efficient way of doing business and for providing clear info.
Sujit
Meerut, February 23, 2016
Perfect Policy Plan.
After frnd advice I got a policy which has great benefits. Nice investment for future and also my taxes are become lesser. Edelweiss tokio term insurance policy plan is the best. Claims are high and investment are low.
Plan Name: MyLife+ Lump sum
Agent Code: BBE06002
Ayush
Delhi, February 23, 2016
Good Service.
I own edelweiss tokio term insurance policy plan which provide okay facilities and terms. The policy coverage is 80% and premium is ~Rs.5000. Claims are easy to get due to rapid service provided by executives.
Plan Name: MyLife+ Lump sum
Agent Code: BPW01260
Ok
Sonipat, February 20, 2016
superb plan.
I have edelweiss tokio term insurance policy plan. The policy is perfect with good policy coverage and claims. The investment is less and the return is high. Service is very rapidly processed. I like the plan.
Plan Name: MyLife+ Lump sum
Agent Code: BPW00250
Umesh
Mumbai, February 19, 2016
TERM
1ST THANKS POLICY BAZAAR AND ALSO EDELWEISSTOKIO SUCH NICE COMPANY , AND NICE BENIFITES. LIKE 80 YRS COVERED.
Vinod
Vadodara, February 19, 2016
Good Service.
My term plan is with edelweiss tokio life insurance. The policy was good and the premiums is low. Policy coverage is 80% and claims are Rs.19 lakhs. Services are the best and really very fast with good interface between customer and executives.
Plan Name: MyLife+ Lump sum
Agent Code: BBE06002
SATHYA
Chittoor, February 14, 2016
"Nice Policy"
My policy is nice with services and the claim is much more than investment. Policy coverage is 80% of the claim before policy mature. The life insurance term plan by tokio is good then others.
Plan Name: MyLife+ Lump sum
Agent Code: BPW01888
Jayashree
Mangalore, February 14, 2016
"perfect plan"
My policy plan is the best with great benefits. Low investment and in return huge amount is given by the terms of policy. Service you provided is awesome and the policy coverage is 97%. Great work.
Plan Name: MyLife+ Lump sum
Agent Code: BPW00250
Ramesh
Pune, February 14, 2016
Awesome Plan
I have plan with edelweiss insurance. Policy is great with good customer service and the policy coverage is high but yeah premium is also good. Claim is the section which covers all the things. ~rs.32 lakhs.
Plan Name: MyLife+ Lump sum
Agent Code: BBE05845
ANANT
Ratnagiri, February 14, 2016
Very nice.
My insurance plan is the best and i'm happy with it. The service provide is really good and the investment is low. Policy coverage is high and the claim is high ~Rs.30 lakh. All paper work and other stuff is managed by home that's the best part.
Plan Name: MyLife+ Lump sum
Agent Code: BPW01888
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