Edelweiss insurance Full Details, Edelweiss Check-in & Edelweiss login
Edelweiss Tokio Life Insurance is a shining example of what a fruitful business collaboration can accomplish. Edelweiss Tokio Life Insurance was founded in 2011 as a joint venture between Edelweiss Financial Services Limited and Tokio Marine Holdings Inc (one of Japan's oldest and largest insurance companies). It now has a presence in 91 cities across India. The company provides a diverse range of insurance products in a variety of domains.
Edelweiss Tokio Life Insurance prioritizes cost-consciousness, service quality, and customer-centricity in order to provide some of the best insurance products in India. For fiscal year 2019-20, the company's claim settlement ratio is 83.44 percent.
Edelweiss Tokio Life Insurance has received numerous awards. The insurance company recently received the 'Asia's Best Insurance Company Award' at Insurance Alerts 2020. Furthermore, the company received the Best Social Buzz Campaign Award at the Activation Venues Forum in 2018 for the product Zindagi Plus. The same product was also named the 2018 Innovative Product of the Year.
Read Also; Kotak Life Insurance, Kotak Smart Life plan, Kotak login & Kotak Platinum plan
Types of Edelweiss Tokio Life Insurance Life Insurance Plans
Edelweiss Tokio Life Insurance has an exotic bouquet of life insurance plans to offer to its valued clientele across all domains.
Term Plans: Edelweiss Tokio Life Insurance 5 term insurance namely Edelweiss Tokio Life Zindagi Plus, Edelweiss Tokio Life Saral Jeevan Bima, Edelweiss Tokio Life Simply Protect, Edelweiss Tokio Life My Term+ and Edelweiss Tokio Life Protection. These plans are specially designed to provide financial protection to the family members of the life assured in case of an unfortunate demise of the life assured during the policy term.
Investment Plans: Edelweiss Tokio Life Insurance offers 12 investment plans namely Edelweiss Tokio Life GCap, Edelweiss Tokio Life Wealth Secure+, Edelweiss Tokio Life Wealth Plus, Edelweiss Tokio Life Wealth Gain+, Edelweiss Tokio Life Active Income, Edelweiss Tokio Life Income Builder, Edelweiss Tokio Life Wealth Ultima, Edelweiss Tokio Life Single Pay Endowment Assurance, Edelweiss Tokio Life POS Saral Nivesh, Edelweiss Tokio Life Smart Lifestyle and Edelweiss Tokio Life Wealth Premier plan. These plans help you to grow your investment while providing life cover at the same time.
Retirement Plans: Edelweiss Tokio Life Insurance offers 4 retirement plans namely Edelweiss Tokio Life Easy Pension, Edelweiss Tokio Life Saral Pension, Edelweiss Tokio Life Cashflow Protection Plus and Edelweiss Tokio Life Forever Pension. These plans will help you ensure a financially secured future post retirement.
Health Plans: The rising medical costs are no longer an issue as Edelweiss Tokio Life Insurance offers an attractive health insurance plan to take care of all health-related complications. Edelweiss Tokio Life Insurance offers 2 health insurance plans namely Edelweiss Tokio Life CritiCare+ and Edelweiss Tokio Life COVID Shield+.
Group Insurance Plans: Edelweiss Tokio Life Insurance offers six group insurance plans namely Edelweiss Tokio Life Pradhaan Mantri Jeevan Jyoti Bima Yojana, Edelweiss Tokio Life Group Wealth Accumulation, Edelweiss Tokio Life Group Life Protection, Edelweiss Tokio Life Group Credit Protection, Edelweiss Tokio Life Group Total Secure and Edelweiss Tokio Life Group Employee Benefit Plus. These plans are specially designed for entrepreneurs and other business sectors that help to cater to the various employee-related liabilities, such as gratuity payment, leave encashment, credit insurance, and life insurance.
Micro Insurance Plans: Edelweiss Tokio Life Insurance has two micro insurance plans namely Edelweiss Tokio Life Jan Suraksha and Edelweiss Tokio Life Raksha Kavach. These insurance plans cater to the needs of its rural clients.
Also Read; TATA AIA Life Insurance, Tata AIA policy status
Edelweiss Health Insurance Overview
Edelweiss General Insurance Company Limited is a subsidiary of the Edelweiss Group, a multinational conglomerate that provides financial products and services. The company offers health insurance plans across the country to meet people's insurance needs. They also advertise a quick, painless, and simple process for purchasing a policy and filing a claim. Moreover, the company has a dedicated customer team with a hands-on approach to answering all the queries of the customer.
Benefits & features of Edelweiss Health Insurance
Edelweiss General Insurance Company offers three types of health insurance policies that come with the following benefits:
- Edelweiss health insurance offers coverage to applicants above the age of 3 months. Basically, you don’t need to worry about the age limit to get health insurance from Edelweiss.
- You can buy health insurance for a maximum of 8 members including self, spouse, 3 children, and other relatives ( as permissible in the plan)
- Edelweiss health insurance platinum plan offers health insurance cover up to 2 Crores
- Irrespective of the plan, you can avail these benefits- medical monitoring cover, medical repatriation, medical referral cover, compassionate visit, emergency medical evacuation, the return of mortal remains and second medical opinion.
Why Edelweiss Health Insurance?
Edelweiss Health Insurance plans are tailor-made to offer maximum protection to the insured members at an affordable price. You can purchase any of the Edelweiss health insurance plans to avail the following benefits:
- Edelweiss Health Insurance covers customary and reasonable charges incurred towards healthcare treatment taken by the policyholder during the policy term for an injury, illness or any other medical condition that is covered in the plan.
- Co-payment of 20% is applicable only to members above the age of 60 years.
- The insurer provides an option of mid-term inclusion of an applicant in case of childbirth or marriage. The premium will be charged on a pro rata basis.
- The eligibility criteria to buy an Edelweiss health insurance policy is 90 days for all the plans ( Silver, Gold and Platinum) and the maximum age criteria is 65 years for both Silver and Gold variants. And there is no age-limit for premium variants.
Edelweiss Health Insurance Plans
Edelweiss General Insurance plans are the most comprehensive ones. There are 3 variants – Silver, Gold, and Platinum. And the sum assured limit is listed below:
Silver Plan; The sum assured limit for this plan is up to Rs. 5 Lakhs
Gold Plan; The sum assured limit for this plan is up to Rs. 20 Lakhs
Platinum; The sum assured limit for this plan is up to Rs. 1 Crore
Inclusions of Edelweiss Health Insurance
The coverage provided in all the plans may vary. Some of the common inclusions of Edelweiss health insurance plans are listed below:
- Ambulance expenses are covered
- Hospitalization room expenses in a standard single private room are covered
- Hospitalization expenses are covered up to the sum assured amount
- Pre and post hospitalization expenses are covered up to the sum assured limit
- Organ donor expenses are covered
- ICU room charges are covered
- Domiciliary hospitalization charges up to the sum assured limit
- No claim discount benefits
- Ayush expense cover up to the sum assured limit
- Critical Illness coverage is provided
- Maternity cover is also provided
- Recharge benefit
- Recovery Benefit (starts from the day of hospitalization)
- Restoration benefit
- Voluntary co-payment up to 60 years of age
Must Read; Kotak Life Insurance, Kotak Smart Life plan, Kotak login & Kotak Platinum plan
Exclusions of Edelweiss Health Insurance
There are certain limitations in an Edelweiss health insurance plans. And the exclusions of Edelweiss health insurance plans are listed below:
- First 30-Day waiting period
- Hemorrhoids / Piles, Fissure / Fistula in anus, Gastric, Duodenal Ulcers, and Pilonidal Sinus
- All types of Hydrocele and Hernia
- Myomectomy for fibroids
- Oral Chemotherapy
- Any medical conditions related to sexually transmitted diseases, including Gonorrhea, Genital Warts, Genital Herpes, Syphilis, Acquired Immunodeficiency Syndrome (AIDS), HIV, Chlamydia, Pubic Lice, and Trichomoniasis
- Any medical expenses incurred on children and new-born below the age of 91 days shall not be covered under this policy
- Any charges related to the cost of contact lenses, spectacles, hearing aids, eye and ear examinations, dentures, laser surgery, artificial teeth and expenses incurred on other similar external appliances
- Plastic surgery or cosmetic surgeries
- Treatment required for stress or psychological disorders, mental illness, Alzheimer's or Parkinson's disease even if it happened after an Illness or an accident.
Edelweiss Health Insurance Optional Covers
Apart from the basic health insurance cover, you can opt for the following other optional benefits:
- Critical Illness cover in Edelweiss health insurance silver plan and the limit is 50 percent of the sum assured amount.
- Restoration benefit is available in the silver variant and the limit is 100% of the sum assured amount
- Recharge option is available in both gold and platinum plans. Edelweiss will replenish the entire sum assured amount on indemnity basis during a policy period.
Edelweiss Health Insurance Claim
To avail the benefits of your Edelweiss health insurance policy it is important to notify the insurer at least 72 hours before a planned hospitalization. In the event of an emergency hospitalization, it is required to intimate the insurer within 48 hours of hospitalization or before the discharge date whichever is earlier. However, the insurer may consider delays in extreme cases along with a proof.
The process to file Edelweiss health insurance claim is defined below:
- You can notify Edelweiss Health Insurance on their helpline number i.e. 1800 12000
- You can also inform them over an email at support[@]edelweissinsurance[.]com to file a claim
- Your claim procedure will start and your claim amount will be compensated or will be settled directly at the hospital in the event of cashless claims
Documents Required for Edelweiss Health Insurance Claims
To initiate a claim you need to provide the following documents/details/information to the insurer
- Duly signed Edelweiss health insurance claim form
- Medical Investigation reports
- Pre-authorization request (original)
- MR/CT/ USG/HPE and other investigation reports
- Also, submit a copy of the pre-authorization approval letter
- Reference slip from the doctor
- A copy of the photo ID card of the patient (verified by the hospital)
- Discharge summary from the hospital
- Operation theatre reports/notes
- Chemist's bills
- Police FIR
- MLC report
- Hospital final bill
- Death certificate from the hospital (in original where applicable)
- Hospital break-up bill
- Other documents/bills as per the situation
How to Calculate Edelweiss Health Insurance Premium?
To know the premium for your selected policy you can use the online health insurance premium calculator. It is one of the most convenient and cost-effective methods to calculate the premium.
All you need to do is select the plan, go to the online calculator page, enter the basic details such as sum insured amount, number of family members, geographical location, age etc.
Once you enter all the required details, you will get the premium that the insurer will charge for that particular plan.
Compare Health Insurance*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C apply.
Read Also; Assupol Funeral Cover For Extended Family
How to Compare and Buy Health Insurance?
You can consider these parameters while picking a health insurance policy –
- Risks covered in severe health conditions/ emergencies
- Amount of premium/sum insured
- Saves extra medical expenses or not
- Hospitalization cover
- Panel of hospitals under the health insurance list
- Check for NCB ( No Claim Bonus)
- Check for the age limit criteria
- Claim process to be followed
- Family floater plans are available or not
- Inclusions/exclusions
How to Renew Edelweiss Health Insurance Plans?
It is quite easy and convenient to renew Edelweiss health insurance policy online. Online renewal saves both time and efforts. You can check with the insurer for any specific procedure which is followed to renew the policy online.
But before that, you need to decide if you want to continue availing the benefits from your current insurance policy or you want to upgrade it. Also, make sure that you renew your policy before the expiry date. If the policy is not renewed within the stipulated time then you will not be able to avail the continuous benefits of your policy.
Things to Know About Edelweiss Health Insurance
- Edelweiss Health Insurance offers the facility to buy a 2-year policy by paying a one year premium cost
- There are three plan options – Silver, Gold, and Platinum
- The sum assure limit ranges from 5 lakhs to 1 crore rupees
- Plans do not have any capping on the ICU charges
- Day care treatment and domiciliary hospitalization expenses are also covered
- All the plans provide Ayush cover
- Gold and Platinum plans provide critical illness cover
- You can also buy critical illness coverage as an add-on benefit