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Edelweiss Tokio Term Insurance Claim Settlement

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Highlights
Claim Settlement Ratio97.01%
Customer Care9:00 AM to 9:00 PM
Death Benefit Paid For272 Policies
Inception2011
Presence116 Branches
Total Death Benefit Paid21.80 Crore

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Disclaimer :
1. Premium has been calculated for coverage till 60 years
2. Eligibility depends on income, occupation and educational qualification

Best Edelweiss Tokio Term Insurance Plans

1 Crore
2 Crore
  • LIFE COVER
    Tax Free
    1 Cr
  • CLAIMS SETTLED 99.51%
Starting From 707/Month
24hr Claim Settlement
Key Features:
  • Zero Cost Benefit
  • Terminal Illness
  • Nominee's Choice payout
  • Voluntary Top Up
  • Tax Benefits
  • LIFE COVER
    Tax Free
    1 Cr
  • CLAIMS SETTLED 97.84%
Starting From 857/Month
24hr Claim Settlement
Key Features:
  • Waiver of Premium on Disability
  • Terminal Illness
  • Life Stage Benefit
  • Tax Benefits
  • LIFE COVER
    Tax Free
    1 Cr
  • CLAIMS SETTLED 99.4%
Starting From 771/Month
24hr Claim Settlement
Key Features:
  • Tax Benefits
  • Terminal illness
See More Plans

Claim Settlement of Edelweiss Tokio Term Insurance

Edelweiss Tokio Life Insurance offers a customer-friendly claim settlement process. The company has a claim settlement ratio of 97.01% for the financial year 2020-21. Nominees/claimants can register their claims online and offline.

  • How To Make Claim

    How To Make Edelweiss Tokio Term Insurance Claim Online?

    Edelweiss Tokio Life Insurance has a simplified online claim procedure involving three simple steps.

    Step 1: Intimating the Claim: The claimant/nominee should visit the Edelweiss Tokio Life Insurance webpage and intimate the claim by entering the nominee name, nominee phone number, and the insurance policy number.

    Step 2: Submission of Documents: The Edelweiss Tokio Life Insurance claims officer will call for the documents. The claimant should either courier the same or submit it in person for processing the claim.

    Step 3: Decision on Claim: If the documents are in order, Edelweiss Tokio Life Insurance takes not more than 24 hours to decide on the claim. The claim amount is credited to the bank account of the nominee/claimant.

    How To Make Edelweiss Tokio Life Insurance Term Insurance Claim Offline?

    Edelweiss Tokio Life Insurance has a simple offline claim procedure, as well. The claimant/nominee can call on the toll-free number 1800-212-1212 and register the claim. The Claims Mobile number is 8879688110. The nominee/claimant can also email the claim at claims@edelweisstokio.in. Alternatively, the nominee can visit the nearest branch of Edelweiss Tokio Life Insurance or write to the head office to register the claim. The submission of documents procedure is the same as discussed earlier. The claims officer decides on the claim accordingly and credits the claim amount to the bank account of the nominee.

  • Documents Required

    Documents Required to Make Edelweiss Tokio Life Insurance Term Insurance Claim

    Edelweiss Tokio Life Insurance offers three types of term insurance claims, death claims, critical illness/hospitalisation cash claim, and disability claim. The nominee/claimant has to submit the following documents in each of the claims.

    A. Death Claim

    • Original Policy Document
    • Claimant/Nominee’s KYC details
    • Claimant’s Statement of death
    • Copy of the death certificate
    • Copy of the cause of death certificate
    • Medical Records if the insured person was hospitalised
    • Hospital certificate
    • Employer’s certificate for the salaried policyholder
    • Treating doctor’s certificate
    • Post-mortem report
    • FIR/Police Report/Panchanama/Inquest Report
    • Copy of the driving licence if the life assured was driving the vehicle

    B. Critical Illness/Hospital Cash Benefit Claim

    • Original Policy Document
    • Claimant’s KYC details
    • Claimant Statement Rider
    • Medical Records of the insured
    • Hospital Certificate
    • Employer’s certificate for the salaried policyholder
    • Treating doctor certificate

    C. Disability Claim

    • Original Policy Document
    • Claimant’s KYC details
    • Medical Records
    • Hospital Certificate
    • Treating doctor’s certificate
    • Employer certificate for the salaried policyholder
    • FIR/Panchanama/Police Report/Inquest Report
    • Copy of the driving licence if the insured person was driving the vehicle

Edelweiss Tokio Term Insurance User Reviews

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    Edelweiss Tokio
    By Pritish Panchanda
    On: Oct 16, 2023
  • I appreciate the flexibility in coverage options that InsuranceDeko provides. It's easy to find the Edelweiss ...

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    Edelweiss Tokio
    By Saif Azad
    On: Sep 18, 2023
  • InsuranceDekho's Edelweiss Tokio Term Insurance Policy provides me with total peace of mind, knowing that my f...

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    Edelweiss Tokio
    By Ratika Roy
    On: Sep 13, 2023
  • The transparency in InsuranceDekho's premium structure is commendable. There are no hidden costs or surprises ...

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    Edelweiss Tokio
    By Sandeep Singh
    On: Sep 08, 2023
  • InsuranceDekho's transparent policy information and easy policy comparisons empowered me to make an informed d...

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    Edelweiss Tokio
    By Ayesha Jannat
    On: Sep 05, 2023
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Edelweiss Tokio Term Insurance Contact Details

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Claim Process at Edelweiss Tokio Term Insurance

  • 1

    Claim Intimation

    In the case of death of the life assured, a claim intimation to the insurance company must be made as early as possible.
  • 2

    Submission of Documents

    Claim form, death certificate, original policy document, and more documents must be submitted to ensure smooth claim settlement.
  • 3

    Claim Evaluation

    Once the documents are submitted, the insurance company will conduct thorough evaluation of the claim filed.
  • 4

    Claim Settlement

    If claim request is approved, claim settlement is done within 30 days. If additional investigation is required, it make take 6 months.

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