Edelweiss Tokio Life
vs
Bajaj Life

  • Top life insurers to choose from
  • Multiple sum assured options
  • Choice of premium-payment term
Buy Policy in just 2 mins

Buy Policy in just 2 mins

Happy Customers

2 lakh + Happy Customers

Free Comparison

Free Comparison

Customized Term Insurance Plan for you.

Get upto 10% Online Discount*

Gender

Age

Compare

Edelweiss Tokio Life vs Bajaj Life

Edelweiss Tokio Life

Edelweiss Life is a subsidiary of Edelweiss Group incorporated in the year 2011. It is an association between Edelweiss financial service limited and Life Marine Holdings Inc.

Bajaj Life

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

COMPANY DETAILS Edit Edelweiss Life Insurance

Edelweiss Tokio Life

Edit Bajaj Allianz Life Insurance

Bajaj Life

Rating
Number of life insurance plans and add-ons
Annual Premiums Collected (2023-24)

Annual Premiums Collected (2023-24)

1690.47 crores

Annual Premiums Collected (2023-24)

461.43 Cr.
Payout Options

Payout Options

Lump sum, regular frequencies or a combination of both

Payout Options

Lump sum, monthly or a combination of both
Claim ratio

Claim ratio

99.02%

Claim ratio

99.04%
Solvency Ratio

Solvency Ratio

2.1

Solvency Ratio

3.6
Branches

Branches

109+

Branches

544+
Riders Available

Riders Available

Accidental Death Benefit Rider, Accidental Total and Permanent Disability Rider, Critical Illness Rider

Riders Available

Waiver of Premium Benefit Rider, Family Income Benefit Rider, Accidental Death Benefit Rider, Accidental Permanent Total/Partial Disability Benefit Rider, Critical Illness Rider
Policy Term

Policy Term

10 to 62 years

Policy Term

10 to 40 years

Know More About Companies

Overview

Edelweiss Life Insurance: Overview

Edelweiss is a subsidiary of Edelweiss Group incorporated in the year 2011. It is an association between Edelweiss Financial Service Limited (India's leading and one of the most diversified financial service companies) and Tokio Marine Holdings Inc. (one of the oldest and largest insurance companies in Japan). Edelweiss has more than 60,000+ agents operating in more than 109 branches, PAN India. Edelweiss Tokio Life offers a wide range of insurance plans covering areas such as education, health, Retirement planning, wealth enhancement, and more. The several plans offered by Edelweiss Tokio Life Insurance Company will help you to fulfill all your life goals such as your children's education and marriage, retirement, etc. Edelweiss Tokio Life is amongst the fastest-growing life insurance companies and has a diverse portfolio of insurance solutions. Edelweiss Tokio Life's mission is to make the dreams and aspirations of its customers a reality. Edelweiss Tokio has the expertise and resources that are constantly at work, to identify potential hindrances and devise solutions to counter them.

Edelweiss Life Insurance ensures to look after your insurance needs by offering:

why-choose
  • Best customer xxperience

  • Flexible plans

  • A wide variety of options

  • Healthy lifestyle benefit

 

Riders

Riders You Can Avail With Edelweiss Tokio Life Insurance Plans

Name of the rider Benefits
Edelweiss Tokio Accidental Death Benefit Rider  This rider enhances the life coverage given to your loved ones in case of an accident causing your death. So your loved ones could receive the base sum assured along with the rider's sum assured.
Edelweiss Tokio Accidental Total and Permanent Disability Rider It can be a difficult task when an accident leaves you with a disability, which impacts your ability to provide consistent income for your family. Under this rider, if you cannot earn for more than six months due to any accidental disability the rider waives off all your premiums but the insurance coverage stays intact. 
Edelweiss Tokio Critical Illness Rider Under this rider, you would be provided a sum assured apart from the base plan sum assured if you are diagnosed with any critical illnesses mentioned in the plan that you bought. 

Consult for Personalized Insurance Advice

Contact With Advisor

But how does it work?

Schedule a call with India’s number 1 trusted advisor with a 4.5+ rating on Google. We are not your average insurance agents. Our advisors are experts in their insurance knowledge and will give you the right information at the right time. The service is free of cost! Don’t worry, we won’t spam as we value your time.

Other Life Insurance Companies

Trouble connecting with an insurance company?

Contact PolicyX.comCall at our toll-free number 1800-4200-269Email: helpdesk@policyx.com

We are happy to help.

Bajaj Allianz Life Insurance

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

Bajaj Allianz Life Investment Plans Plans

Bajaj Allianz Life Investment Plans

Bajaj POS Goal Suraksha Plan is a combination of a life insurance plan and a savings plan. It provides death benefits to your loved ones in case of yo...

Unique Features

  • Guaranteed additions
  • Limited payment term
  • Alter payment modes

Bajaj Allianz Life POS Goal Suraksha Plan (Pros)

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

Bajaj Allianz Life POS Goal Suraksha Plan (Cons)

Bajaj Allianz Life POS Goal Suraksha Plan
  • No pre-existing condition
  • No surrender benefit
  • No guranteed benefit

Bajaj Allianz Life POS Goal Suraksha Plan (Other Benefits)

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

Bajaj Allianz Life POS Goal Suraksha Plan (Eligibility Criteria)

Bajaj Allianz Life POS Goal Suraksha Plan
  • Minimum entry age- 18 years
  • Maximum entry age- 65 years
  • Minimum sum assured- 30 thousand
  • Maximum sum assured- 25 Lac
  • Maximum policy terrm- 67 years

Quick and Free Quick Comparison with Other Insurers

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.