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Edelweiss Life Insurance
Edelweiss Life Insurance
Edelweiss Life is a subsidiary of Edelweiss Group, incorporated in 2011. It is an association between Edelweiss ...Read More
What you get with Edelweiss Life Insurance
The headline features and policy mechanics, at a glance.
Annual Premium 2092.99 crore
Affordable premium options starting from entry-level to comprehensive whole-life protection.
99.29% claim settlement ratio
Industry-leading approval rate on eligible life insurance claims in the most recent fiscal year.
1.81x solvency ratio
Well above IRDAI's 1.5× floor — strong indicator of long-term claim-paying ability.
3+ optional riders
Extend a base policy with add-on covers — critical illness, accidental death, waiver of premium and more.
94 pan-India presence
Branch offices and claim service centres across India for easy policy servicing.
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
Features of Edelweiss Life Insurance
Best Customer Experience:
Edelweiss Tokio provides effective solutions, considering every product, service point, and innovation from the customer's perspective.
Cost-Conscious:
Edelweiss Tokio offers cost-effective plans with affordable premiums.
Flexible Plans:
Edelweiss Tokio Life Insurance plans provide various coverage options, allowing you to select a plan that meets your specific needs.
Benefits of Edelweiss Life Insurance Plans
Edelweiss Life Insurance Plans offer a plethora of advantages:
Economical Term Plans
The nominal premiums of Edelweiss Life Insurance ensure that plans fit within your budget.
Best Customer Experience
Edelweiss Tokio provides effective solutions to its customers, considering every product, service point, and innovation from their perspective.
Cost-Conscious
Edelweiss Tokio offers cost-effective plans with affordable premiums.
Flexible Plans
Edelweiss Tokio Life Insurance plans offer various coverage options, giving you the freedom to select a plan that meets your specific needs.
Riders You Can Avail With Edelweiss Life Insurance Plans
Enhance your life plan with optional add-on riders for broader protection.
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.
Documents required
For policy purchase and claim submission. Have these ready before you start.
Photo ID Proof Any one of the following
Passport, Aadhaar card, PAN card, Driving license.
Age Proof Any one of the following
Passport, Aadhaar card, PAN card, Driving license.
Address Proof Any one of the following
Utility bill, passport, voter ID, ration card.
Medical Records Medical records of the policyholder, if requested.
Income Proof Any one of the following
Bank statement, last three months' salary slips (if salaried).
How to Buy a Edelweiss Life Insurance Plan?
Step-by-step guides for the four key moments in your policy lifecycle. Click a tab to switch.
- Visit the PolicyX.com website or the Edelweiss Life Insurance official website to compare and choose a suitable life plan.
- Enter your personal details such as name, date of birth, gender, annual income, and smoking status to get a customised quote.
- Compare plan options — choose your sum assured, policy term, premium payment term, and any optional riders.
- Fill in the proposal form with your contact details, nominee information, and medical history accurately.
- Upload the required documents: identity proof, address proof, income proof, and recent photographs.
- Pay the first premium online via net banking, UPI, debit/credit card, or cheque.
- Complete the medical examination if required (depends on your age and sum assured).
- Receive your policy document via email and registered post after underwriting approval.
How to File Edelweiss Life Insurance Claims?
Every claimant/nominee is assigned a dedicated Claims Relationship Officer to assist through the entire process. The life insurance claim settlement process at Edelweiss Life Insurance involves the following three steps:
Online Process
1. Claim Intimation
Inform the company about the incident via various channels: by writing an email to [email protected], calling the toll-free number (1800-212-1212), filling out the online claim form on its website, or visiting the nearest branch. A claim reference number will be provided upon successful registration.
2. Document Submission
Submit the necessary documents requested by the insurer to process the claim.
- In case of natural death: death claim form, death certificate, original policy documents, claimant's identity & residence proof, medical records, and account details of the nominee.
- In case of accidental death: the same documents along with FIR and post-mortem report.
3. Claim Settlement
Once Edelweiss Life Insurance receives your claim, they will verify all details and may request additional documents if required. A claim reference number will be sent after verifying the submitted documents.
Offline Process
Edelweiss Life Insurance claim settlement can also be initiated by visiting a local Edelweiss Life Insurance Branch Office. You can find details of branches on their website. Essential documents must be submitted at the branch for your claim to be processed.
- Log in to the Edelweiss Life Insurance customer portal or the PolicyX.com dashboard before your policy renewal date.
- Review your existing policy details — coverage, premium amount, and nominee information.
- Choose to continue with the same plan or upgrade your sum assured if eligible.
- Pay the renewal premium online via net banking, UPI, debit/credit card, or cheque.
- Download the renewed policy document from your registered email or the insurer portal.
To calculate premiums on the Edelweiss Tokio Life Insurance Company's official website, follow these steps:
- Step 1: Visit the Edelweiss Tokio Life Insurance Company's official website and scroll to the end of the page.
- Step 2: Click on the "Buy Online" tab under "Popular Links."
- Step 3: Click on the 'Know More' tab under the types of plans.
- Step 4: Click on the 'Calculate' tab at the top right corner of the page.
- Step 5: Fill in the required details and click 'Calculate'. Once the payment is made, you will receive a payment confirmation at your registered email address.
What's covered — and what's not
The standard inclusions and exclusions across Edelweiss Life Insurance plans. Specific plans may add benefits — always check the policy wording before purchase.
✗ Exclusions
- Death due to a pandemic such as COVID-19 or Ebola will not be covered by the company.
- Death due to indulging in any adventure sports.
- Death due to consumption of any type of drugs and alcohol.
- Death due to any pre-existing disease that was not disclosed at the start of the policy.
- If a policyholder commits suicide within the first 12 months of obtaining the insurance, the nominee will not receive the death benefit. Instead, they will receive either the premiums paid up to the incident date or the policy's surrender value, whichever is greater.
Conclusion
Edelweiss Life Insurance has emerged as a dynamic player in the Indian insurance sector, offering innovative products tailored to meet the evolving needs of customers. With a strong emphasis on customer-centric solutions, transparency, and efficient claim processes, the company has gained the trust of many. For more information related to Edelweiss Life Insurance, you can contact PolicyX.com at the toll-free number 1800-4200-269 or email us at [email protected].
Why Choose PolicyX.com?
Don't just take our word for it — check out what our happy customers say about us!
All my claims were rejected for 3 years. Then, I received a text from PolicyX team, who noticed that my claims hadn't been settled. They managed to get my claims settled, totalling ₹4.5 L. I really appreciate the efforts of the PolicyX advisors for their support in settling my claims.
Ravindra SinghI highly appreciate the help of the PolicyX team for settling my claim of Rs. 5 Lakhs with zero deductions. I took a policy online from them in March 2024. As a customer, it's been a great experience throughout the process.
Priti VarshneyI'm very satisfied because my claim of over ₹2 L has been settled as a result of your team effort. However, I was very upset with the insurer, who delayed the claim for almost 2 months. But with your support and interaction, the claim was settled within 30 days & I appreciate it a lot.
Nisha MaryI bought my health policy from PolicyX, and so far, it's been a very pleasant experience with the team. I really appreciate the help for renewing my health policy. I look forward to continuing my relationship with PolicyX and recommend it to everyone.
Ajay ShahPolicyX has been a savior during a medical emergency in my family recently. My wife was admitted in the hospital, and the insurance company declined my claim request. The PolicyX team handled the situation very well and I received the claim right on time.
Vijay RathodI purchased a health plan for the very first time and the support by PolicyX is commendable. They helped me with the paperwork, explained the policy details to me with patience and supported me at every step of policy buying. A big thanks to you guys.
Uma MahajanFrequently asked questions
The 8 most-asked questions about Edelweiss Life Insurance, answered.
Customer satisfaction
Aggregate ratings from 928 verified PolicyX customers who bought a Edelweiss Life Insurance plan.
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PolicyX content is researched in-house and reviewed by an IRDAI-certified insurance specialist before publication.
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