Edelweiss Tokio Life vs Pnb Investment

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Edelweiss Tokio Life vs Pnb Investment

COMPANY DETAILS Edit Edelweiss Life Insurance

Edelweiss Tokio Life

Edit PNB Metlife Investment Plans

Pnb Investment

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

Annual Premiums Collected (2024-25)

2092.99 crore

Annual Premiums Collected (2024-25)

Rs 1.5 lakhs to No limit
Payout Options

Payout Options

Lump sum, regular frequencies, or a combination of both

Payout Options

-
Claim ratio

Claim ratio

99.29%%

Claim ratio

Minimum Age - 3 year%
Solvency Ratio

Solvency Ratio

1.81

Solvency Ratio

80 years
Branches

Branches

94

Branches

Annually, quarterly,
Riders Available

Riders Available

Accidental Death Benefit Rider, Accidental Total & Permanent Disability Rider, Waiver of Premium Rider, Critical Illness Rider

Riders Available

Minimum term: 6 years. Maximum term: 30 years.
Policy Term

Policy Term

5 to 62 years

Policy Term

5 to 10 years

Overview

Edelweiss Life Insurance: Overview

Edelweiss Tokio Life Insurance, a subsidiary of Edelweiss Group, was incorporated in 2011. It is a joint venture between Edelweiss Financial Services Limited (one of India's leading and most diversified financial service companies) and Tokio Marine Holdings Inc. (one of Japan's oldest and largest insurance companies). Edelweiss Tokio Life operates with over 60,000 agents across more than 109 branches nationwide.

The company offers a wide range of insurance plans covering education, health, retirement planning, wealth enhancement, and more. These plans are designed to help customers achieve their life goals, such as children's education and marriage, and a secure retirement. Edelweiss Tokio Life is among the fastest-growing life insurance companies, known for its diverse portfolio of insurance solutions. Its mission is to make customers' dreams and aspirations a reality by identifying potential challenges and devising solutions.

Edelweiss Life Insurance caters to your insurance needs by offering:

  • Best customer experience
  • Flexible plans
  • A wide variety of options
  • Healthy lifestyle benefits

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 for your loved ones in case of your accidental death. Your beneficiaries would receive the base sum assured along with the rider's sum assured.
Edelweiss Tokio Accidental Total and Permanent Disability Rider If an accident results in a total and permanent disability that prevents you from earning for more than six months, this rider waives off all future premiums while keeping your insurance coverage intact.
Edelweiss Tokio Critical Illness Rider Under this rider, you will receive a sum assured, in addition to the base plan sum assured, if you are diagnosed with any critical illnesses specified in the policy.

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PNB Investment Plans

PNB MetLife Savings and Investment Plans provide the benefits of insurance cover as well as market-linked investment, offering flexibility to invest in equity or debt funds, depending on the investor's risk appetite.

Investment Plan Plans

Investment Plan

PNB Century Plan provides whole-life (up to 100 years of age) coverage and income. This investment plan offers survival benefits if you outlive the po...

Unique Features

  • Multiple plan options
  • Bonuses
  • Flexible income pay

PNB MetLife Century Plan (Pros)

PNB MetLife Century Plan
  • Guaranteed cash bonuses
  • Multiple income options
  • Waiver of premiums on demise

PNB MetLife Century Plan (Cons)

PNB MetLife Century Plan
  • No auto-cover continuance

PNB MetLife Century Plan (Other Benefits)

PNB MetLife Century Plan
  • Death benefits
  • Maturity benefits
  • Tax benefits

PNB MetLife Century Plan (Eligibility Criteria)

PNB MetLife Century Plan
  • Minimum entry age: 30 days
  • Maximum entry age: 65 years
  • Minimum sum assured: ₹2.4 Lakhs
  • Maximum sum assured: No limit
  • Maximum policy term: 100 minus entry age

Investment Plan

Mera Wealth Plan is a ULIP (Unit Linked Life Insurance Plan) that covers your family financially if something happens to you and offers good returns o...

Unique Features

  • Loyalty additions
  • Dual benefits
  • Partial withdrawals

PNB Metlife Mera Wealth Plan (Pros)

PNB Metlife Mera Wealth Plan
  • Loyalty additions
  • Dual benefits
  • Partial withdrawals

PNB Metlife Mera Wealth Plan (Cons)

PNB Metlife Mera Wealth Plan
  • Pre-existing conditions not covered
  • Suicidal exclusion
  • No auto-cover continuance

PNB Metlife Mera Wealth Plan (Other Benefits)

PNB Metlife Mera Wealth Plan
  • Premium discontinuance
  • Death benefits
  • Maturity benefits

PNB Metlife Mera Wealth Plan (Eligibility Criteria)

PNB Metlife Mera Wealth Plan
  • Minimum entry age: 30 days
  • Maximum entry age: 60 years
  • Minimum sum assured: Rs 50 lakhs
  • Maximum sum assured: No limit
  • Maximum policy term: 30 years

Investment Plan

Save more with PNB MetLife Super Saver Plan and protect your family in your absence. The PNB MetLife Super Saver plan is a long-term savings and famil...

Unique Features

  • Waiver of Premium
  • Yearly Cash Bonuses
  • Choice of Plan Options

PNB Metlife Super Saver Plan (Pros)

PNB Metlife Super Saver Plan
  • Waiver of Premium
  • Yearly Cash Bonuses
  • Choice of Plan Options

PNB Metlife Super Saver Plan (Cons)

PNB Metlife Super Saver Plan
  • No coverage for pre-existing conditions
  • Suicide exclusion
  • No auto-cover continuance

PNB Metlife Super Saver Plan (Other Benefits)

PNB Metlife Super Saver Plan
  • Maturity Benefits
  • Tax Benefits
  • Death Benefits

PNB Metlife Super Saver Plan (Eligibility Criteria)

PNB Metlife Super Saver Plan
  • Minimum entry age - 0 years
  • Maximum entry age - 60 years
  • Minimum sum assured - ₹220000
  • Maximum sum assured - No limit
  • Maximum policy term - 20 years

Investment Plan

To save more, invest smartly with the PNB MetLife Bachat Yojana.PNB MetLife Bachat Yojana plan is a long-term savings plan with the benefit of assured...

Unique Features

  • Long-term Savings Plan
  • Earn Cash Bonuses Yearly
  • Lower Premiums

PNB MetLife Bachat Yojana (Pros)

PNB MetLife Bachat Yojana
  • Death Benefit
  • Survival Benefit
  • Maturity Benefit

PNB MetLife Bachat Yojana (Cons)

PNB MetLife Bachat Yojana
  • No Pre-existing Condition Cover
  • Suicide Exclusion
  • No Auto-Cover Continuance

PNB MetLife Bachat Yojana (Other Benefits)

PNB MetLife Bachat Yojana
  • Comprehensive Protection
  • Flexibility
  • Availability of Riders

PNB MetLife Bachat Yojana (Eligibility Criteria)

PNB MetLife Bachat Yojana
  • Minimum Entry Age: 20 years
  • Maximum Entry Age: 60 years
  • Minimum Sum Assured: Rs 64
  • 800
  • Maximum Sum Assured: Rs 5 Lakhs
  • Maximum Policy Term: 15 years

PNB Metlife Investment Plans Plans

PNB Metlife Investment Plans

PNB MetLife Guaranteed Savings Plan is an individual, non-participating, non-linked savings-plus-life insurance policy. By serving dual purposes of cr...

Unique Features

  • Get Guaranteed Benefits & Yearly Bonuses on Your Savings
  • Rebates on High Sum Assured
  • 2 Add-on Riders Available

PNB MetLife Guaranteed Savings Plan (Pros)

PNB MetLife Guaranteed Savings Plan
  • Maturity Benefits
  • Death Benefits
  • Discount on High Sum Assured

PNB MetLife Guaranteed Savings Plan (Cons)

PNB MetLife Guaranteed Savings Plan
  • No Pre-existing Condition
  • Suicide Exclusion
  • No Auto Cover Continuance

PNB MetLife Guaranteed Savings Plan (Other Benefits)

PNB MetLife Guaranteed Savings Plan
  • Yearly Bonuses
  • High Sum Assured Rebates
  • Additional Riders

PNB MetLife Guaranteed Savings Plan (Eligibility Criteria)

PNB MetLife Guaranteed Savings Plan
  • Minimum Entry Age: 3 years; Maximum Entry Age: 60 years; Minimum Sum Assured: Rs 1
  • 50
  • 000; Maximum Sum Assured: Rs 4
  • 00
  • 000; Maximum Policy Term: 20 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.