By 121 News
Chandigarh 24th August:- Edelweiss Tokio Life Insurance has launched the Edelweiss Tokio Life –Triple Advantage Plan, a non-linked, participating life insurance plan with Maturity Benefits & Death Benefits.
Commenting on the launch of the product Deepak Mittal, MD & CEO, Edelweiss Tokio Life said that Edelweiss Tokio Life - Triple Advantage insurance plan would provide protection beyond maturity by providing guaranteed lump-sum money twice at predefined stages of life. This is a whole life plan combining savings with life insurance cover – serving purposes of wealth accumulation, protection and legacy planning.
He added that the minimum entry age is 91 days and the maximum entry age to avail this product is 55 years. The maturity age is 100 years and the policy term is 100 years less age at entry of the life insured. The premium paying term is 10, 15, 20 and 25 years. The premium paying frequency offered is annual, semi annual quarterly and monthly.
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