Edelweiss Tokio Life has launched two cost effective term plans - 'Life-Protection' and 'Income Replacement'.

The Edelweiss Tokio Life-Protection is a pure term plan that provides lump sum payment to the nominee in case of the unfortunate event of the death of the life assured. The Income Replacement ensures that on death of the life assured the family still continues to receive regular monthly income till the end of the policy term.

Income Replacement

The income replacement scheme offers inflation mitigating benefit by way of fixed 5 per cent increase in monthly income each year. It also rewards the non-consumption of tobacco.

Both the products allow an entry age starting from 18 years up to 60 years with the maturity from 28 to 70 years.