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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 paid. Have you ever thought about what will happen if you fail to pay a premium on time due to financial issues? Unfortunately, your term plan might lapse.
To tackle this problem, Edelweiss Life Zindagi Protect enables you to skip your premium payments up to 8 times and still remain covered, enjoying all the exclusive policy benefits. Additionally, the plan offers life insurance coverage up to the age of 100, along with the option to choose between a life cover or a return of premium option.
Edelweiss Life Zindagi Protect Plan offers a range of benefits, including:
| PLAN DETAILS |
Zindagi Protect |
Sbi Saral Jeevan Bima |
| Premium Including GST | ||
| Key Features (Key features of the plan) |
|
|
| Plan Maturity age | Maximum Maturity Age - 100 years | Maximum Maturity Age - 70 years |
| Plan Sum Assured | Base sum assured: Rs 50 lakhs to 1 crore | Basic Sum Assured: ₹5L to ₹25L |
| Plan Entry Age | Minimum Age: 18 years, Maximum Age: 65 years | Minimum Age - 18 years Maximum Age - 65 years |
| Plan Payment modes | Annual, half-yearly, quarterly & monthly | Single, Yearly, Half-Yearly, and Monthly |
| Plan Policy loan | Policy loan is not available under the Zindagi Protect Plan. | The policy loan is not available under SBI Saral Jeevan Bima. |
| Plan Sample Premium | Rs 568-/ per month | Rs 521-/ per month |
| Plan Brochure | Brochure URL | Brochure URL |
| Policy Term | Minimum term - 5 years Maximum term - 100 years | Minimum term - 5 years Maximum term - 40 years |
| Claim Settlement Ratio (2024-25) | 99.29% | 98.83% |
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Edelweiss Tokio Zindagi Plus Life Insurance SBI Term Insurance | Best Life Insurance Policy In India |
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* The above sample premiums are for a 30-year-old male, nonsmoker with a sum assured of Rs 50 lakhs and a policy tenure of 25 years. You can calculate the premiums for the above term insurance plans using the PolicyX Term Insurance Calculator.
You can add the following riders to your Edelweiss Life Zindagi Protect:
In case of the policyholder’s demise due to an accident, benefits are paid to the nominee.
Under this rider, you will be paid an immediate lump sum amount upon the diagnosis of any of the listed 12 critical diseases, including cancer and brain tumour. This immediate lump sum helps manage treatment expenses.
Under this rider, all future premiums of your ongoing term plan will be waived off if you are diagnosed with any of the listed 12 critical diseases or become physically disabled due to an accident during the policy term.
Under the accidental disability rider, benefits are offered in case of the policyholder’s disability or demise due to an accident.