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Education Funding

Harvard, IIM’s or other institutions of repute – many options will emerge as your child grows up. But will your decision be based on merit or money? While you ensure the best for your child today, have you saved enough to make your child’s ultimate dream come true?

To design our education plan, we spent time with children and parents to understand their dreams and determine the barriers in achieving them. Based on our analysis, we have created plans flexible enough to accommodate the ambitions that the next generation is sure to have.

Our Offering:

Edelweiss Tokio Life - Education UIN No: 147N001V01 This is a non participating guaranteed endowment Plan.

  • All the benefits of the plan are guaranteed. No benefit is contingent on the company’s investment performance.
  • The plan provides for flexibility in both premium payment and benefits. You can choose among various premium payment terms depending on your income. For payouts, you can choose the option that best matches your child’s particular education needs.
  • Unplanned expenses are taken care of, with the option of a guaranteed flexible amount, as chosen by you.
The comprehensive death benefit pays not only a lump sum amount to your family, but also waives future policy premiums, thereby protecting the maturity value that you had planned for your child. In addition to all this, the plan also offers a monthly benefit to take care of your child’s needs in the years before graduation.

RIDERS:

In addition to our solutions, we have riders which are additional benefits that can be bought along with your chosen life insurance policy. These riders provide additional cover at a nominal additional premium. For instance, a policy which has been boosted with an Accidental Death Benefit Rider could get the beneficiary upto a maximum of twice the basic sum assured, if the policy holder dies of an accident. Similarly there are riders to protect against Critical Illness and waiver of premium.





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