Overview
Edelweiss Life Total Protect Plus is a pure protection plan that comes with three plan options: Life Cover Option, Return of Premium Option, and Live Long Option. It offers all-around protection to take care of your dependents with their ever-changing responsibilities.
The plan also provides life coverage up to the age of 100 years at affordable premiums, an option to add your spouse to the same plan, and returns your paid premiums as survival benefits.
Key Benefits of Edelweiss Life Total Protect Plus
- Return of premium option
- Choice of plan options
- Select your policy term
- Additional riders to choose from
- Better Half Benefit
- Child's Future Protection Benefit
Riders Associated with Edelweiss Life Total Protect Plus
You can add the following riders to your Edelweiss Life Total Protect Plus:
Edelweiss Life - Accidental Death Benefit Rider
Under this rider, an additional sum assured, along with the base plan death benefit, is paid if the policyholder dies due to an accident during the policy term.
Edelweiss Life - Accidental Total and Permanent Disability Rider
Under the accidental disability rider, benefits are offered if the policyholder becomes disabled or dies due to an accident.
Edelweiss Life - Hospital Cash Benefit Rider
Under this rider, if you are hospitalized for any reason that affects your income, it will provide you with a daily allowance similar to your income and other post-hospitalization benefits. This allows you to focus on health recovery rather than worrying about finances.
Edelweiss Life - Critical Illness Rider
Under this rider, if you are diagnosed with any of the 12 listed critical illnesses, you will receive a lump sum assured amount to manage your expenses, along with a waiver of all future premiums of the policy.
Features of Edelweiss Life Total Protect Plus
Comprehensive Life Coverage
The plan offers a comprehensive life cover up to a term of 40 years.
Choose Your Premium Payment Term
This plan provides an option to choose from multiple premium payment terms.
Choice of Policy Term
Edelweiss Life Total Protect Plus offers you the option to choose the policy tenure.
Choice of Plan Option
Edelweiss Life Total Protect Plus offers you the option to choose the plan option of your choice.
Exclusions
- Death due to a pandemic is not covered by the company.
- Death due to adventure sports.
- Death due to consumption of drugs and alcohol.
- Death due to any pre-existing disease not disclosed at the policy's inception.
- If a policyholder commits suicide within the first 12 months of purchasing the policy, no death benefits are paid to their nominee. Instead, either premiums paid to date or the surrender value of the policy, whichever is higher, is paid to them.
Plan Options
Return of Premium Option
Under the Return of Premium Option, a maturity benefit equal to the total premiums paid will be payable to the policyholder if they survive the entire policy term.
Live Long Option
Under this benefit, the policyholder will receive a regular income after attaining 60 or 65 years (as chosen at policy inception). The Live Long Option offers flexibility to choose the percentage of the sum assured.
Life Cover Option
Under the Life Cover Option, a pure death benefit will be paid to the nominee of the policyholder; no survival and income benefits are available under this option.
Child’s Future Protect Benefit
Under this additional benefit, you can increase your life cover by 10% to 100% of the base sum assured. This option can only be selected at the policy's inception and only if you have a child between the ages of 0 and 18.
ChatGPT
Claude
Perplexity
