Edelweiss Tokio Life Zindagi Plus

Edelweiss Tokio Life Zindagi Plus is a life insurance product offered by Edelweiss Insurance. It is a product that ensures a life cover policy and provides the necessary income to the dependents of the policyholder in case of unfortunate events.

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Get ₹1 Cr. Life Cover at just ₹411/month*
No medical checkup required
Save more with upto 10% discount
Covers COVID-19
Tax Benefit
Upto Rs. 46800
Life Cover Till Age
99 Years
8 Lakh+
Happy Customers

*Tax benefit is subject to changes in tax laws. *Standard T&C Apply

** Discount is offered by the insurance company as approved by IRDAI for the product under File & Use guidelines

Get ₹1 Cr. Life Cover at just ₹411/month*
No medical checkup required
Save more with upto 10% discount
Covers COVID-19
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One can customize this plan according to their needs by choosing a suitable Premium Paying term and sum assured payout mode. One can also avail enhanced financial security by opting for Better Half Benefit, where the spouse can get the sum assured in case of an unfortunate event leading to the demise of the partner. Edelweiss Tokio Life Zindagi plus also covers death due to COVID-19. 

This table looks at the different plan options available under the Edelweiss Tokio Life Zindagi Plus policy:

Minimum Age at Entry

18 years for both life insured and spouse

Plan Options 

Premium Paying Term

Life Insured

Spouse 

Maximum Age at Entry 

Life Cover With Level Sum Assured 

Regular Pay

65 years

60 years

Pay till 60

50 years

50 years 

Life Cover With Decreasing Sum Assured 

Regular Pay 

55 years 

55 years 

Pay till 60

50 years

50 years

Minimum Age of Maturity 

Life Cover With Level Sum Assured

Regular Pay

28 years

28 years

Pay till 60

65 years

65 years

Life Cover With Decreasing Sum Assured

Regular Pay

65 years

65 years

Pay till 60

65 years

65 years

Maximum Age of Maturity 

80 years 

Minimum Policy Term 

Regular Pay- 10 years

Pay till 60- 15 years

Maximum Policy Term

(80-Age at entry (age last birthday) ) years

Premium Paying Term (PPT)

Regular Pay- Same as Policy Term

 

Pay till 60- (60- Age at entry + 1 ) years 

Minimum Premium (Rs.)

Premium Paying Frequency

Minimum Amount(Rs.)

Annual

3000

Semi-annual

2000

Quarterly

1250

Monthly

300

Maximum Premium

No limit; depends on underwriting policy and status.

Benefits 

The Edelweiss Tokio Life Zindagi Plus product offers various benefits such as: 

  1. Top-Up Benefit

    Policyholders can select this benefit only at the policy inception. It is available only for regular premium paying policies. Under this benefit, the top-up sum assured will get added to the policy until the outstanding policy term is less than five years or the year immediately preceding the year when the Life insured attains 60 years. Few other conditions are also applicable. The Top-up Rate is to be selected at the policy inception to avail of this benefit.

  2. Better Half Benefit

    The Better Half benefit can be selected at policy inception only if the Life insured is married and the spouse fulfils the age criteria. If the Spouse dies earlier, this benefit cannot be availed; under this scheme, the Spouse will get half of the Base Sum Assured or Rs.1 Crore, whichever is lower. No need to pay future premiums. One cannot opt out of this benefit once implemented. There are specific exclusions and conditions one must consider before opting for the benefit.

  3. Waiver of Premium Benefit

    Under this benefit, all future premiums of the Life insured suffering from any one of the insured critical illness conditions is waived if he/she survives 30 days after the first diagnosis, the benefits will continue. This benefit cannot be selected with the Top-up benefit. It is applicable only if the premium payment mode is regular and the plan is Life Cover with Level Sum Assured.

  4. Death Benefit: 

    If the Life Insured dies before the maturity date, the Sum assured on Death will still be paid. The minimum Sum assured will be the highest of the given criteria. If Top-Up Benefit is also availed, one will also get the cumulative Top-Up Sum Assured along with the  Sum Assured on Death. 

  5. Maturity Benefit  

    Edelweiss Tokio Life Zindagi Plus Plan is a term plan, so no other benefit is payable on maturity.

  6. Tax Benefits: 

    Tax benefits under The Edelweiss Tokio Life Zindagi Plus Plan may be available as per the Income Tax Act 1961. If they don't counter the laws or other provisions, tax benefits can be availed and enjoyed by the policyholder.

    “Tax benefit is subject to changes in tax laws. Standard T&C apply.”

Premium Illustration 

One can select the most suitable premium paying mode from the various options available under Edelweiss Tokio Life Zindagi Plus Plan. The amount of premium depends on the option and benefit chosen at policy inception.

Suppose a man is 35 years old and a non-smoker. His Spouse is also 35 years old, his policy term is 35 years, and his underwriting status is medical. The Sum Assured is Rs 1 crore. Life Cover with Level Sum Assured is selected. Premium under Edelweiss Tokio Life Zindagi Plus will be:

Plan Option

Waiver of Premium Benefit

Better Half Benefit

Premium Paying Term

Annual Premium(Rs.)

Life  Cover with Level Sum Assured 

Yes

No

Regular

13,641

Yes

No

Pay till 60

14,991

Yes

Yes

Regular

14,504

No 

No 

Regular 

13,389

No 

No 

Pay till 60

14,735

No 

Yes 

Regular

14,236

Riders Options

The rider is like an additional provision added to the base plan. Riders make your plan suitable and conclusive and can be selected at the policy inception or during the policy renewal. One needs to pay a nominal premium to avail of the benefits of riders. The Sum Assured under the riders cannot go beyond the Base Sum Assured on Death of the Life Insured. The total premium on all of the riders cannot exceed 30% of the premium payable on the base sum assured under the Edelweiss Tokio Life Zindagi Plus Plan.

  • Accidental Death Benefit Rider -  It provides additional financial security in case of accidental death. The benefit is paid as a lump sum.
  • Accidental Total and Permanent Disability - This rider provides a lump sum Sum if your income earning capacity is shaken or reduced due to accident disability.
  • Hospital Cash Benefit Rider - provides benefits post-hospitalization and covers daily allowances in the Life insured's hospitalization.
  • Critical Illness Rider - provides a lump-sum payment upon the diagnosis of any one of the listed critical illnesses from which the Life insured is suffering under Edelweiss Tokio Life Zindagi Plus Plan.

Eligibility Criteria

The policy has some eligibility criteria for buying the policy. These are:

  • Minimum 18 years of age 
  • For maximum age, refer to the plan options table
  • Minimum Policy term- 10 years if regular pay option selected, 15 years if Pay till 60 option is available
  • Minimum Base Sum Assured is Rs. 50 Lakhs if Top-up benefit selected and Rs.25 Lakhs in all scenarios
  • For non-medical status minimum sum to be assured is Rs 99 lakhs

What Are the Documents Required To Buy the Policy?

  • Photo Identity proof, Age Proof, and Address Proof
  • Income Statement of the Policy Holder
  • The nomination form and proof of the nominee
  • In case of Better Half Benefit, Identity proof of Spouse, Marriage Certificate, and Birth Certificate/ Age Proof

How to Buy Edelweiss Tokio Life Zindagi Plus Policy Online?

  • Go to the Edelweiss Insurance Website
  • Browse the plans
  • Select the plan to be availed
  • Select the Plan option – Life Cover with Level Sum Assured or Life Cover with Decreasing Sum Assured 
  • Enter the Base Sum Assured, Policy Term, Premium Paying Term, and Paying Frequency 
  • Choose the underwriting Status 
  • Select additional benefits one wants to avail
  • Select the death benefit payment mode

Exclusions

Edelweiss Life Zindagi Plus plan has certain exclusions that one must be aware of to experience a hassle-free claim procedure. Some are listed here:

  • One cannot avail of Top-up Benefit if the Waiver of Premium Benefit is already selected.
  • The additional benefit of Better Half Benefit will not be payable if simultaneous Death of Life insured and Spouse occurs, or Spouse attains 75 years of age. 
  • Various Exclusions are there under the list of critical illness when one avails Waiver of Premium Benefit Option. 
  • For example- under Cancer of Specified Severity, all types of tumours are excluded. 
  • Other acute Coronary Syndromes, any angina pectoris, and a rise in cardiac biomarkers are excluded under Myocardial infarction.
  • Surgery of any branches of the thoracic or abdominal aorta and surgery following traumatic injury to the aorta is not covered under the Surgery to Aorta heading.
  • Policy loans are not allowed under the policy by Edelweiss Tokio Life Zindagi Plus. 
  • A rider will not be offered if the term of the rider exceeds the base policy outstanding term.
  • Death Benefit Payment mode cannot be changed once selected during the policy term.

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Edelweiss Tokio Life Zindagi Plus Reviews & Ratings

0 / 5 (Based on 31 Reviews)
(Showing Newest 25 reviews)
Omkar
Chennai , October 26, 2021
Great features
I have got day care hospitalization feature under the mediclaim policy which i have purchased from the policybazaar. It offered me lifelong renewability Cover. It includes tax exemption benefits, cashless hospitalization and many other facilities. overall i like my plan.
Angoor
Kolkata , October 26, 2021
Trustworthy website
I rarely trust the online purchasing because of the possibility of fraud but Policybazaar has built my trust up. I went through the online process when I was taking care health insurance from here and i found this website trustworthy.
Kush
Surat, October 26, 2021
Helpful staff
I rarely trust the online purchasing because of the possibility of fraud but Policybazaar has built my trust up. I went through the online process when I was taking care health insurance from here and i found this website trustworthy.
Ranveer
Pune, October 26, 2021
Low cost plan
Such a simple and easy process to buy a policy was provided to me by Policybazaar. Someone suggested me to check the health plans on Policybazaar website. i went through a lot of plans and i found the right plan here. i bought star health insurance at low cost.
Kushal
Jaipur, October 26, 2021
Good Coverage
I have bought Bajaj Allianz Health Insurance for my family and by taking a health plan, I have secured my entire family. I have got coverage against medical expenses and buying my policy online has saved my money as I did not have to pay agent fees.
Jitendra
Lucknow, October 26, 2021
Affordable plan
A friend of mine told me about Policybazaar. He said that he has found an affordable health plan deal in Policybazaar. I went to Policybazaar to buy the same plan. I wanted a family health plan so I took Aditya Birla health insurance and it has covered every member of my family.
Rajesh
Kanpur, October 26, 2021
Easy to compare
Last week i went to Policybazaar for taking health plan for my family. An executive explained the policy very well and showed me various plans out of which i chose digit health insurance and it has covered me and my wife.
Kuvar
Nagpur, October 26, 2021
Good plan
I was able to compare the various plans easily on the website of Policybazaar. At first, i was confused about what i should choose as so many options were given there but then i bought sbi general health insurance for my parents. I got really good senior citizen health plan.
Abhijeet
Allahabad, October 26, 2021
Hassle free experience
I had an amazing and hassle free experience with policybazaar. Everything has beem very smooth when i was purchasing health insurance from policybazaar. Their team assisted me in well mannered way.
Bhaskar
Ranchi, October 26, 2021
Problem resolving
I contacted the customer care of policybazaar as i was facing some difficulty. They just took a minute to solve my problem. I am happy that i have bought my health insurance from the right place. Policybazaar always give proper attention to its customers.
Debyendu
Haora, October 26, 2021
Supportive team
When I was buying my health insurance from the website of Policybazaar, I was a little confused about the policy. I got in touch with the customer care and the executive guided me very well and cleared all my doubts with satisfactory answers. Thanks to Policybazaar for guiding me.
Gaurav
Coimbatore, October 26, 2021
Smooth service
In my health insurance, company is providing me financial assistance. i have got medical coverage against medical expenses arising out of health emergency which i have taken from the Policybazaar. service of policybazaar is very smooth and fast.
Angad
Jabalpur, October 26, 2021
Good service
I have bought health insurance through the website of policybazaar. Policybazaar gave me full support and when i contacted the customer care of policybazaar for clearing some of my queries they provided me very good service. Thanks to the Policybazaar for Giving me superb service.
Aniruddh
Gwalior, October 26, 2021
Cashless treatment
I have got cashless treatment facility in my health insurance. This will help me to save my savings as I will not have to bear the financial burden of medical expenses. Anyone who is looking for the best and an affordable health plan I would love to recommend Policybazaar to them.
Onkar
Vijayawada, October 26, 2021
Easy Reimbursement
My experience with Policybazaar has been great. I had taken senior citizen health insurance for my mother from Policybazaar. Last month, she was admitted to the hospital due to a medical emergency. When she got discharged I connected with Policybazaar for reimbursement of hospital bills and I got it immediately
Paramjit
Jodhpur, October 26, 2021
No claim bonus
Policybazaar is totally worthy place to buy any kind of plan. I have been using senior citizen health insurance for a long time which i had take for my parents. I never raised the claim request so i got discount on the premium rate when i was renewing the plan.
Kartik
Madurai, October 26, 2021
Add on cover
I am using senior citizen health insurance since last year which i had taken from the policybazaar and recently i have customized my health plan with add on cover and added some additional features to it which i got at an affordable rate.
Karun
Raipur, October 26, 2021
Low premium
I have taken senior citizen health insurance for my parents. It has Coverage against medical expenses. Pre hospitalization, post hospitalization expenses features are covered under the plan. It has low premium rate and covered huge number of benefits.
Swapan
Kota, October 26, 2021
Easy Reimbursement
I got reimbursement in hospital bills. I bought senior citizen health insurance for my mother from Policybazaar and a month back she faced some medical problems. I connected with policybazaar for reimbursement and i got it without any hassle.
Tarun
Guwahati, October 26, 2021
Pocket friendly plan
I was looking for senior citizen health insurance for a long time which I wanted to take for my father. A relative of mine suggested me the Policybazaar website. I landed to their website and checked the health plans. In the end I finally found one that came within my budget.
Tejas
Chandigarh, October 26, 2021
Affordable plan
I was looking for family health insurance for a long time. I searched a lot on Google and finally found the website of policybazaar. Here i got family health insurance according to my budget and needs. I really liked the service provided by the Policybazaar.
Ayesha
Solapur, October 26, 2021
High coverage
I have secured my family with the help of family health insurance which i have purchased from Policybazaar. In my health plan, i have got coverage for medical expenses. From now on i do not have to bear financial burden as my policy will give me financial protection.
Bahaar
Hubli And Dharwad, October 26, 2021
Good in customer handling
Policybazaar is very good in terms of handling customers. I bought family health insurance from Policybazaar and their team maintained professionalism with courteous demeanor which was absolutely impressive. I would definitely like to get in touch with Policybazaar for more plans.
Bhagyashree
Bareilly, October 26, 2021
Minimal paperwork
In my family health insurance, every member of my family are covered. there was minimal and Hassle free paperwork. I got high number of coverage and benefits under my plan. the team of policybazaar guided me and helped me to select the suitable plan.
Devika
Moradabad, October 26, 2021
Faster claim settlement
Thankfully I had taken family health insurance from Policybazaar. a while ago, i had to admitted my father to the hospital due to sudden medical emergency. i had claimed and got the claim very easily and quickly. I got faster claim settlement. I am happy with the service.
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