Edelweiss Tokio
vs
Kotak Term

  • Multiple policy tenure to choose from
  • Premiums starting @Rs 15/day
  • 30-day grace period
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Edelweiss Tokio vs Kotak Term

Edelweiss Tokio

Edelweiss Term Insurance is one of the best insurance company with 120+ branches and over 5000 employees working under the company.

Kotak Term

Kotak Mahindra Life Insurance is one of the fastest growing life insurance companies in India, securing 50 million lives worldwide till date.

COMPANY DETAILS Edit Edelweiss Tokio Term Insurance

Edelweiss Tokio

Edit Kotak Life Term Insurance

Kotak Term

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

Annual Premiums Collected (2023-24)

690.47 crore

Annual Premiums Collected (2023-24)

15320.46
Payout Options

Payout Options

-

Payout Options

1
Claim ratio

Payout Options

99.2%

Payout Options

98.82%
Solvency Ratio

Solvency Ratio

2.1

Solvency Ratio

2.8
Pan India Presence

Pan India Presence

109 branch offices

Pan India Presence

230+
Riders Available

Riders Available

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

Riders Available

Accidental Death Benefit Rider, Critical Illness Plus Benefit Rider, Accidental Permanent Disability Rider
Policy Term

Policy Term

10 to 40 years

Policy Term

5 to 70 years

Know More About Companies

Overview

Edelweiss Tokio Term Insurance: Overview

Edelweiss Life Insurance started as a general insurance provider in 2011. Currently, more than 120 branches operate in every major city, and over 5000 employees are working under the company. As a responsible family member, you would always be concerned about what happens to your family after your death. Edelweiss Life’s term plans are the perfect solution to this concern.

It offers vast categories of term plans such as level term plans, increasing term plans, term plans with optional riders, and term plans with a return of premium to cater to the needs of every customer.

What are some of the
Benefits
that set them apart?

  • Best Customer Experience

  • Affordable Premiums

  • Hassle-free Claim Process

  • Tax Benefits

  • Enhanced Protection with Riders

  • Death benefits for Your Loved Ones

  • Special Premium Rates for Non-Smokers

Riders

Riders You Can Avail With Edelweiss Tokio Term 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. 

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Edelweiss Tokio Term Insurance

Explore India’s best-selling Term insurance plans below

Edelweiss Term Insurance is one of the best insurance company with 120+ branches and over 5000 employees working under the company.

Edelweiss Life Total Protect Plus is a pure protection plan that comes with 3 plan options such as Life Cover Option, Return of Premium Option, and Li...

Unique Features

  • Covers up to age 100
  • Child’s Future Protect
  • Hospital Cash Benefit

Edelweiss Life Total Protect Plus (Pros)

Edelweiss Life Total Protect Plus
  • Return of premium
  • Life long benefit option
  • Choice of policy term

Edelweiss Life Total Protect Plus (Cons)

Edelweiss Life Total Protect Plus
  • No survival benefits
  • No policy loan
  • No death benefits in case of suicide during first year

Edelweiss Life Total Protect Plus (Other Benefits)

Edelweiss Life Total Protect Plus
  • Spouse cover
  • Child protection cover
  • Enhanced riders

Edelweiss Life Total Protect Plus (Eligibility Criteria)

Edelweiss Life Total Protect Plus
  • Entry Age- 18 years
  • Max Entry Age- 65 years
  • Minimum sum assured- Rs 25 lakhs
  • Maximum maturity age- 100 years
  • Premium payment term- 5 to 20 years

The Edelweiss Life Zindagi Protect is a pure-term insurance plan that provides financial support to your dependents in return for the premium you have...

Unique Features

  • 6% Discount on Premiums
  • Child Future Protect Benefit
  • Premium Break Benefit

Edelweiss Life Zindagi Protect (Pros)

Edelweiss Life Zindagi Protect
  • Premium Break Benefit
  • Child’s Future Protect Benefit
  • Better Half Benefit

Edelweiss Life Zindagi Protect (Cons)

Edelweiss Life Zindagi Protect
  • No policy loan
  • No survival benefit
  • No death benefits in case of policyholder& 039;s death due to suicide.

Edelweiss Life Zindagi Protect (Other Benefits)

Edelweiss Life Zindagi Protect
  • Whole Life Cover
  • Return of Premium Option
  • Multiple Death Benefits Payout

Edelweiss Life Zindagi Protect (Eligibility Criteria)

Edelweiss Life Zindagi Protect
  • Entry Age- 18 years
  • Max Entry Age- 65 years
  • Minimum sum assured- Rs 25 lakhs
  • Maximum maturity age- 100 years
  • PPT- Regular/ Limited

Kotak Life Term Insurance

Explore India’s best-selling Term insurance plans below

Kotak Mahindra Life Insurance is one of the fastest growing life insurance companies in India, securing 50 million lives worldwide till date.

Kotak Protеct India is an individual non-Linkеd, non-participating purе protеction term Insurancе plan, dеsignеd to offеr policyholdеrs a wid...

Unique Features

  • Short Term Cover
  • Multiple Policies
  • Wellness Program

Kotak Protеct India (Pros)

Kotak Protеct India
  • Short Term Cover
  • Multiple Policies
  • Wellness Program

Kotak Protеct India (Cons)

Kotak Protеct India
  • No Policy Loan Allowed
  • No Cover for Suicide
  • No Survival Benefit

Kotak Protеct India (Other Benefits)

Kotak Protеct India
  • Hospi Benefit
  • Optional Accidental Death Benefit
  • Telemedicine Consultation

Kotak Protеct India (Eligibility Criteria)

Kotak Protеct India
  • Entry Age -18 Years
  • Max Entry Age- 35 Years
  • Minimum Sum Assured - ₹1L
  • Maximum Maturity Age - 40 Yrs
  • Premium Payment Term - RP/SP

Kotak Term Plan is a non-linked non-participating individual pure protection life insurance plan that acts like a safety shiеld for your family's fin...

Unique Features

  • Low-Cost Plan
  • Conversion Option
  • Rider Options

Kotak Term (Pros)

Kotak Term
  • Low-Cost Plan
  • Conversion Option
  • Rider Options

Kotak Term (Cons)

Kotak Term
  • No Policy Loan Allowed
  • No Cover for Suicide
  • No Survival Benefit

Kotak Term (Other Benefits)

Kotak Term
  • Affordable Premiums
  • High Life Cover
  • Premium Payment Options

Kotak Term (Eligibility Criteria)

Kotak Term
  • Entry Age -18 Years
  • Max Entry Age- 60 Years
  • Minimum Sum Assured - ₹3L
  • Maximum Maturity Age - 70 Yrs
  • Premium Payment Term - RP/SP

Kotak Saral Jeevan Bima is a basic term insurance plan that is designed to offer financial protection to your loved ones in case of your demise. This ...

Unique Features

  • Death Benefit
  • Affordable Plan
  • Flexible-Premium Payment Modes

Kotak Saral Jeevan Bima (Pros)

Kotak Saral Jeevan Bima
  • Death Benefit
  • Multiple Premium Payment Term
  • Special Rates for Female Lives

Kotak Saral Jeevan Bima (Cons)

Kotak Saral Jeevan Bima
  • No Surrender Benefit
  • No Maturity Benefit
  • No Policy Loan

Kotak Saral Jeevan Bima (Other Benefits)

Kotak Saral Jeevan Bima
  • Life Cover Up To 70 Years
  • Instant Issuance
  • Tax Benefit

Kotak Saral Jeevan Bima (Eligibility Criteria)

Kotak Saral Jeevan Bima
  • Entry Age -18 Years
  • Max Entry Age- 65 Years
  • Minimum Sum Assured - ₹5L
  • Maximum Maturity Age - 70 Yrs
  • Premium Payment Term - RP/SP/LP

Kotak e-Term Plan is a pure risk cover term insurance plan that is truly an economical means of providing you with a high level of protection. It offe...

Unique Features

  • Available online
  • 3 plan variants
  • Life cover options

Kotak e-Term (Pros)

Kotak e-Term
  • Available online
  • 3 plan variants
  • Life cover options

Kotak e-Term (Cons)

Kotak e-Term
  • No Policy Loan Allowed
  • No Cover for Suicide
  • No Survival Benefit

Kotak e-Term (Other Benefits)

Kotak e-Term
  • Step-Up Benefit
  • Add-on Riders
  • Special Discounts

Kotak e-Term (Eligibility Criteria)

Kotak e-Term
  • Entry Age -18 Years
  • Max Entry Age- 60 Years
  • Minimum Sum Assured - ₹51L
  • Maximum Maturity Age - 85 Yrs
  • Premium Payment Term - RP/SP/LP
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.