Get Income tax saving benefits by investing in online life insurance policies under section 80C/80CCC & 80D/80DDD. Policy holder is eligible for tax benefits under the Income Tax Act 1961. Read more at: https://www.edelweisstokio.in
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Edelweiss Tokio Life Insurance
It never too late to buy life insurance. We at Edelweiss Tokio Life are determined to provide
you with the best insurance plans which are tailor-made to suit every stage of your life.
Death may be unavoidable, but the least you can do is invest in an ideal life insurance plan,
providing a secure financial future to your family in your absence.
When you buy a Life Insurance policy, the insurance company promises to pay you a
specified amount on maturity of the policy, or death. It is a financial instrument that lets you
invest for the long term, and helps you achieve all of your goals like
Buying A House
Medical Contingency Fund
Buying online life insurance for you and your family is imperative to the success of your
financial plan and one of the most important decisions you must make, if not already made.
Still, only 3.4% Indians are insured. It doesn’t matter how much your current income is, you
can never know what can happen in the future. If you pass away prematurely because of an
illness or an accident and don’t have a life insurance plan to provide your family with
financial assistance, it could have devastating consequences on your family’s future. They
won't be able to pay for household expenses, education, medical emergencies or any other
Apart from providing a life cover and financial assistance, a life insurance plan works as a
great tool to save a huge amount of tax. All insurance plans are tax-saving by nature. The
premium you pay for your Life Insurance policy is tax deductible (up to Rs 1.5 lakhs) under
section 80C of Income Tax Act, 1961. Even the proceeds from claims (in case of death) or
maturity amount of all such policies are tax-exempt under section 10(10D) of the Income
A Life Insurance Plan is an excellent tool for both life cover and saving taxes on your
investments. It allows you to save regularly in a disciplined manner and increase your
savings to build your wealth over time. You can add different insurance riders to your
policy like the Critical Illness Rider, Total or Permanent disability, etc. These help you to
customize your policy according to your lifestyle and your current life situation.