How do I surrender my Edelweiss Life Insurance Policy?

If the insured/policyholder would like to surrender/cancel their life insurance policy or make a partial withdrawal from the policy fund, then the following procedures need to be followed:

Surrendering a Policy

reason for surrender along with the surrender/ cancellation form needs to be submitted at the nearest Edelweiss tokio life insurance branch along with the documents listed below.

Documents required:

  • Original policy documents,
  • Cancelled cheque of the insured's name
  • In case the cancelled cheque does not have pre-printed name and account number or new account is mentioned on the cheque, pass book copy/ bank statement having pre-printed name and account number is required.
  • Id proof (pan card, aadhar card, passport, driving license, voters id)
  • Policy surrender or cancellation form
  • Latest contact details
  • NRE bank statement reflecting any premiums paid from nre account

Partial Withdrawal: reason for partial withdrawal along with the payout form needs to be submitted at the nearest Edelweiss tokio life insurance branch along with the documents listed below:-

Documents required:

  • Original policy documents,
  • Copy of ci or ypd submitted for withdrawal request (carry original for verification from branch)
  • Cancelled cheque of the insured's name
  • In case the cancelled cheque does not have pre-printed name and account number or new account is mentioned on the cheque, pass book copy/ bank statement having pre-printed name and account number is required.
  • Id proof (pan card, aadhar card, passport, driving license, voters id)
  • Pay out form
  • Latest contact details
  • NRE bank statement reflecting any premiums paid from nre account

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