Edelweiss Tokio Investment Plans vs Bajaj Life

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Edelweiss Tokio Investment Plans vs Bajaj Life

COMPANY DETAILS Edit Edelweiss Tokio Investment Plans

Edelweiss Tokio Investment Plans

Edit Baja Life Insurance

Bajaj Life

Rating
Number of life insurance plans and add-ons
Annual Premiums Collected (2024-25)

Annual Premiums Collected (2024-25)

Rs 2 lakh to No limit

Annual Premiums Collected (2024-25)

160.06 crore
Payout Options

Payout Options

-

Payout Options

Bajaj Life Insurance plans offer flexible payout options, allowing nominees to receive benefits as a
Claim ratio

Claim ratio

Minimum Age - 91 day%

Claim ratio

99.33%%
Solvency Ratio

Solvency Ratio

100 years

Solvency Ratio

2.6
Branches

Branches

Annual, half-yearly,

Branches

598
Riders Available

Riders Available

100 minus age of sum insured

Riders Available

Bajaj Life Insurance claim forms are available for download on their official website or can be obtained from any Bajaj Life Insurance branch office.
Policy Term

Policy Term

10 to 25 years

Policy Term

10 to 40 years
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Bajaj Life Insurance Plans

Bajaj Life Insurance Plans

Overview

Edelweiss Tokio Investment Plans: Overview

Edelweiss Life Insurance, a joint venture between Edelweiss (an Indian financial services company) and Tokio Marine (a Japanese life insurance company), was established in 2011. It provides a range of insurance solutions, including term plans, child plans, education plans, and retirement plans.

Edelweiss Tokio Investment Plans are designed to help policyholders build a corpus by investing a certain amount every year, along with providing a life cover for financial protection. These plans typically offer a fixed maturity benefit at the end of the policy term.

Edelweiss Tokio Investment Plans cater to your investment needs by offering:

  • Wealth Builder
  • Life Coverage
  • Flexible Plan Options
  • Systematic Savings

Riders

Riders You Can Avail with Bajaj Life Insurance Plans

Name of the rider Benefits
Bajaj Waiver of Premium Benefit Rider Future premiums are waived in case of the policyholder's demise due to accidental death, disability, or any of the 11 critical illnesses mentioned.
Bajaj Family Income Benefit Rider 1% of the sum assured is offered for a rider term or 10 years as family income in case of accidental death, disability, or diagnosis of any of the 11 critical illnesses.
Bajaj Accidental Death Benefit Rider In case of the policyholder's demise due to an accident, an additional payout is given to the nominee along with the base sum assured.
Bajaj Accidental Permanent Total/Partial Disability Benefit Rider Additional payout is offered in case of total or partial disability of the policyholder due to an accident.
Bajaj Critical Illness Rider Benefits are offered to the nominee in case of the policyholder's demise due to any of 11 listed critical illnesses.

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Edelweiss Tokio Investment Plans

Edelweiss Tokio Investment Plans allow policyholders to generate returns on their investments while providing a life cover to ensure their loved ones are financially secure.

Investment Plan Plans

Investment Plan

Edelweiss Tokio Flexi Savings Plan is a flexible savings plan designed to help you save for future goals while providing life cover for your family. I...

Unique Features

  • Three Plan Options to Choose From
  • Bonuses
  • Premium Discontinuance

Edelweiss Tokio Life Flexi Savings (Pros)

Edelweiss Tokio Life Flexi Savings
  • Death benefits
  • Maturity benefits
  • Multiple plan options to choose from

Edelweiss Tokio Life Flexi Savings (Cons)

Edelweiss Tokio Life Flexi Savings
  • Pre-existing conditions not covered
  • Suicide exclusion
  • No auto-cover continuance

Edelweiss Tokio Life Flexi Savings (Other Benefits)

Edelweiss Tokio Life Flexi Savings
  • Premium discontinuance
  • Life cover continuation
  • Bonuses

Edelweiss Tokio Life Flexi Savings (Eligibility Criteria)

Edelweiss Tokio Life Flexi Savings
  • Minimum Entry Age: 0 years
  • Maximum Entry Age: 55 years
  • Minimum Sum Assured: Rs 3
  • 50
  • 000
  • Maximum Sum Assured: No limit
  • Maximum Policy Term: 30 years

Investment Plan

Edelweiss Tokio Life Guaranteed Savings Star plan is a guaranteed savings plan with assured life cover and stable returns. The plan also comes with a ...

Unique Features

  • 2 Plan Options
  • Assured Returns
  • In-built CI Cover

Edelweiss Tokio Guaranteed Savings Star (Pros)

Edelweiss Tokio Guaranteed Savings Star
  • 2 Plan Options
  • Assured Returns
  • In-built CI Cover

Edelweiss Tokio Guaranteed Savings Star (Cons)

Edelweiss Tokio Guaranteed Savings Star
  • Consumption of any intoxicants
  • Death due to any aviation accident
  • Death due to any adventurous sports.

Edelweiss Tokio Guaranteed Savings Star (Other Benefits)

Edelweiss Tokio Guaranteed Savings Star
  • Two plan options
  • Affordable premiums
  • Tax benefits

Edelweiss Tokio Guaranteed Savings Star (Eligibility Criteria)

Edelweiss Tokio Guaranteed Savings Star
  • Minimum entry Age - 18 years
  • Maximum Age - 100 years
  • Sum Assured: No limit

Investment Plan

Edelweiss Tokio Life Premier Guaranteed Income is an endowment plan. It offers life coverage along with a guaranteed return of premium. In addition to...

Unique Features

  • Pay premiums for 15 years
  • 200% benefit at maturity
  • Enhanced protection riders.

Edelweiss Premier Guaranteed Income (Pros)

Edelweiss Premier Guaranteed Income
  • Pay premiums for 15 years
  • 200% benefit at maturity
  • Enhanced protection riders

Edelweiss Premier Guaranteed Income (Cons)

Edelweiss Premier Guaranteed Income
  • No coverage for pre-existing conditions
  • Suicide exclusion
  • No auto-cover continuance

Edelweiss Premier Guaranteed Income (Other Benefits)

Edelweiss Premier Guaranteed Income
  • Policy loan
  • Tax benefits
  • Family income benefits

Edelweiss Premier Guaranteed Income (Eligibility Criteria)

Edelweiss Premier Guaranteed Income
  • Minimum entry age: 3 years
  • Maximum entry age: 50 years
  • Minimum sum assured: Rs 5 crore
  • Maximum sum assured: No limit
  • Maximum policy term: 15 years

Investment Plan

Edelweiss Tokio Guaranteed Income Star offers dual benefits: death benefits to your family in case of your uncertain demise and maturity benefits on s...

Unique Features

  • Two income options
  • Assured returns
  • Family income benefits

Edelweiss Tokio Guaranteed Income Star (Pros)

Edelweiss Tokio Guaranteed Income Star
  • Two income options
  • Assured returns
  • Family income benefits

Edelweiss Tokio Guaranteed Income Star (Cons)

Edelweiss Tokio Guaranteed Income Star
  • Pre-existing conditions not covered
  • Suicidal exclusion
  • No auto-cover continuance

Edelweiss Tokio Guaranteed Income Star (Other Benefits)

Edelweiss Tokio Guaranteed Income Star
  • Maturity Benefit
  • Death Benefit
  • Tax Benefit

Edelweiss Tokio Guaranteed Income Star (Eligibility Criteria)

Edelweiss Tokio Guaranteed Income Star
  • Minimum entry age - 0 years
  • Maximum entry age - 60 years
  • Minimum sum assured - Rs 6 crore
  • Maximum sum assured - No limit
  • Maximum policy term - 42 years

Investment Plan

Savings Alone Won't Work. Invest Smartly with Edelweiss Tokio Life Wealth Secure Plus. Edelweiss Life Wealth Secure Plus is a unit-linked savings plan...

Unique Features

  • 3 Plan Options
  • Earn Additional Rewards
  • Boost Wealth With Top-up

Edelweiss Tokio Wealth Secure Plus (Pros)

Edelweiss Tokio Wealth Secure Plus
  • Additional Allocations
  • Extra Allocation
  • Premium Booster

Edelweiss Tokio Wealth Secure Plus (Cons)

Edelweiss Tokio Wealth Secure Plus
  • No coverage for pre-existing conditions
  • Suicide exclusion
  • No auto-cover continuance

Edelweiss Tokio Wealth Secure Plus (Other Benefits)

Edelweiss Tokio Wealth Secure Plus
  • Maturity Benefit
  • Death Benefit
  • Tax Benefit

Edelweiss Tokio Wealth Secure Plus (Eligibility Criteria)

Edelweiss Tokio Wealth Secure Plus
  • Minimum entry age: 0 years
  • Maximum entry age: 60 years
  • Minimum sum assured: Rs 1crore
  • Maximum sum assured: Higher of 10 x annualized premium
  • Maximum policy term: 25 years

Investment Plan

Edelweiss Tokio Life Wealth Plus is a unit-linked savings plan that allows you to invest and generate wealth through unit-linked funds. It offers a ch...

Unique Features

  • Choice of Fund Options
  • Protect your Kids Future
  • Boost Wealth With Additions

Edelweiss Tokio Wealth Plus Plan (Pros)

Edelweiss Tokio Wealth Plus Plan
  • Additional Allocations
  • Extra Allocation
  • Premium Booster

Edelweiss Tokio Wealth Plus Plan (Cons)

Edelweiss Tokio Wealth Plus Plan
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

Edelweiss Tokio Wealth Plus Plan (Other Benefits)

Edelweiss Tokio Wealth Plus Plan
  • Maturity Benefit
  • Death Benefit
  • Tax Benefit

Edelweiss Tokio Wealth Plus Plan (Eligibility Criteria)

Edelweiss Tokio Wealth Plus Plan
  • Minimum entry age- 1 year
  • Maximum entry age- 55 years
  • Minimum sum assured- Rs 1
  • 00
  • 000
  • Maximum sum assured- Higher of 10 x annualized premium
  • Maximum policy term- 20 years

Bajaj Life Insurance

Bajaj Life Insurance offers a diverse range of insurance solutions, including term insurance plans, ULIPs, retirement plans, savings plans, child plans, and much more.

Life Plan Plans

Life Plan

The Bajaj POS Goal Suraksha Plan combines a life insurance plan and a savings plan. It offers death benefits to your loved ones in case of your unfort...

Unique Features

  • Guaranteed additions
  • Limited payment term
  • Alter payment modes

Bajaj Life POS Goal Suraksha Plan (Pros)

Bajaj Life POS Goal Suraksha Plan
  • Guaranteed maturity benefit
  • Limited premium payment term
  • Option to take policy loan

Bajaj Life POS Goal Suraksha Plan (Cons)

Bajaj Life POS Goal Suraksha Plan
  • No coverage for pre-existing conditions
  • No surrender benefit
  • No guaranteed benefit

Bajaj Life POS Goal Suraksha Plan (Other Benefits)

Bajaj Life POS Goal Suraksha Plan
  • Return of premium
  • Death benefits in installments
  • Flexible policy term

Bajaj Life POS Goal Suraksha Plan (Eligibility Criteria)

Bajaj Life POS Goal Suraksha Plan
  • Minimum Entry Age: 18 years
  • Maximum Entry Age: 65 years
  • Minimum Sum Assured: ₹30
  • 000
  • Maximum Sum Assured: ₹25 Lakhs
  • Maximum Policy Term: 67 years.
Naval Goel

Reviewed By: Naval Goel

Naval Goel is the CEO & founder of PolicyX.com. Naval has an expertise in the insurance sector and has professional experience of more than a decade in the Industry and has worked in companies like AIG, New York doing valuation of insurance subsidiaries. He is also an Associate Member of the Indian Institute of Insurance, Pune. He has been authorized by IRDAI to act as a Principal Officer of PolicyX.com Insurance Web Aggregator.