Edelweiss Life Zindagi Protect vs Max Life Smart Secure Plus

Edelweiss Life Insurance Company has a record of settling 100% of claims in under 30 days, but a higher number of claim settlement complaints. Edelweiss Life Insurance Company has a claim settlement ratio of 99.20%, and their claim amount settlement ratio stands at 95.12%. Furthermore, they offer convenient features such as a dedicated toll-free number for claims support and an online tracking system for claims. However, it's important to be aware that they have a moderately long claim form and do not provide a personal relationship manager for claims. They also don’t offer a home pick-up claim service.

Max Life Insurance Company holds an excellent track record with respect to both purchase and claim settlement experience. They have settled 99.92% of their claims in less than 30 days, with a relatively lesser number of claim complaints compared to other insurers. Max Life Insurance Company has a claim settlement ratio of 99.51%, and its claim amount settlement ratio is 96.71%. The plan provides online tracking of claims and a dedicated toll-free claims service. The insurer does not provide the benefit of a personal manager for claims. And the insurer does not provide a home pick-up of claims, unlike some other insurance companies. The claim form is moderately long.

You can contact Edelweiss Life Insurance Company through their toll-free telephone number and Twitter. Our research has indicated that their toll-free service is quick and efficient, while their Twitter response rate is slow, compared to other insurers. For prompt response to your or your family’s queries and issues, it's advisable to contact their toll-free number.

Max Life Insurance Company provides customer services via toll-free and Twitter. In our research, we found that both their Twitter and toll-free service were found to be mediocre, compared to other insurers. This situation could potentially suggest that both you and your family might encounter challenges when seeking assistance from their service team throughout your journey.

Edelweiss Life Zindagi Protect offers a variety of customization options. It offers a life cover up to 100 years with limited payment options ranging from 5, 7, 10, 15 and 20 years. You can choose to pay your premiums monthly, quarterly, half-yearly, or annually as per your convenience. Claim payout options include a one-time lump sum option, monthly instalment option, and a combination of both. However, it does not offer an increasing coverage option. Edelweiss Life Zindagi Protect offers various riders including a Critical Illness Rider, Waiver of Premium due to Critical Illness Rider, Waiver of Premium due to Accidental Disability, and an Accidental Death Benefit Rider.

The Max Life Smart Term Insurance Plus Plan provides competitive pricing and a range of customisation options. One notable advantage of this plan is the flexibility it offers by giving you the option to increase your cover by 5% annually until your base policy cover is doubled. This begins from the 2nd policy year onwards. The Max Life Smart Term Plus Plan offers a life cover with a duration that extends up to the age of 70 years. It gives you various Limited Pay options, including 5, 10, 15 years, and pay till 60 years. The plan offers one claim payout option - One-Time Lumpsum. To enhance your coverage further, the Max Life Smart Term Plus Plan comes with several riders that can be added to the policy, like a Comprehensive Critical Illness Rider, an Accidental Death Benefit Rider, and a Waiver of Premium Rider (for both Critical Illness and Accidental Disability).