Edelweiss Tokio launches online term plan with critical illness cover

BENGALURU: Edelweiss Tokio Life Insurance Company has launched 'TotalSecure+', an online term plan with life cover and critical illness cover. The plan offers three options, Life Cover, Life Cover with 'Basic Health Cover' covering 7 critical illnesses and Life Cover with 'Comprehensive Health Cover' covering 35 critical illnesses. The critical illness benefit is an accelerated benefit and not an additional benefit which means the policy will continue with the death benefit, reduced to the extent of the critical illness sum assured already paid.

Under the Life Cover, the coverage is available up to age 80. Under Life Cover with 'Basic Health Cover and Life Cover with 'Basic Comprehensive Cover', the coverage is available up to age 75. All these three options allow you to choose the policy term and customise the plan as per your requirement and convenience.

"TotalSecure+ is designed in line with our core philosophy to plan solutions based on a true understanding of customer needs. The Life Cover coupled with the Critical Illness option, enables one to have peace of mind even in unforeseen circumstances. In the case of diagnosis of a critical illness - loss of income, an imperative need to pay off debts and other treatment costs - TotalSecure+ empowers one with complete security," says Deepak Mittal, MD & CEO, Edelweiss Tokio Life Insurance.

The plan comes with three death benefit payment options: Lumpsum, Regular Income, and Lumpsum plus Regular Income.