Edelweiss Tokio Life- My Life+ is the latest product in the online life insurance market, launched by Edelweiss Tokio. The plan offers two death benefit options- lump sum and income. Any individual above the age of 18 years can avail this plan.
MD and CEO of Edelweiss Tokio Life, Deepak Mittal believes that My Life+ will change the trend of purchasing online insurance in the country. He discussed the plan’s affordable rates by citing an example of a 25 year old non smoker. As per the plan, if this individual opts for a cover of Rs 1 crore, his annual premium will be just Rs 5562.