Life Insurance coverage offers peace of mind to the policy holder and their loved ones, as it ensures that their basic needs are met in the event of a tragedy, such as death, critical illness, or an accident. This benefit is paid to the policy holder's beneficiaries in the event of their death.Ī life insurance policy not only provides life cover but can also provide financial protection to the insured individual’s beneficiaries if any additional clause specified in the policy comes to pass. The policy holder pays a premium, either monthly or annually, to the insurance company in exchange for a specified benefit, also known as the sum assured. Life insurance is a type of insurance policy that provides financial protection to the policy holder's beneficiaries in the event of their untimely death. Edelweiss Tokio Life- Zindagi Protect - A Comprehensive Term Plan.Edelweiss Tokio Life –Wealth Secure + - A new generation ULIP.
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