The Early Income option gives it starting 2nd policy year and the Deferred Income option gives it a year after your policy term ends.
Life Insurance Plan = Good. Regular Income Plan = Also Good. But a combination of the 2 = Truly Great
This plan gives you the power to give your partner, your kids and grandkids , “financial assistance Until 99 years of age”.
Choose between Level Guaranteed Income or Increasing Guaranteed Income basis what suits you best.
This plan can be described as ‘Single Battery Double Power’. Get both - the benefits of life insurance and regular income with tax benefits because this plan is twice as nice! You can start getting your income from the 2nd year of your policy all the way till you’re 99!
Get served the way you prefer. Choose when you want to get your income from 2 options. By choosing Early Income you can start getting your Guaranteed Income from the end of your 2nd policy year. If you choose the Deferred Income option, you start receiving income a year after the policy paying term ends.
This plan is like a security blanket for the family. We’ll help you find the silver lining even in the toughest situations. With this option, in case of death or getting diagnosed with a listed critical illness, we’ll make sure your family is financially secure by providing them the Income Benefit and Maturity Benefit, without them having to pay future premiums.
We like to celebrate good times together. Every time we, as a company, do well, we like to treat everyone who’s been with us on this journey. So, look forward to getting a cash bonus, if declared, as a reward!
Guaranteed ¹ Income Type
Be stable and dependable or rising and conquering! Choose from the Level Guaranteed Income that gives you 1.5% of sum assured on Maturity at every payout or the Increasing Guaranteed Income which first gives you 0.75% of your sum assured on maturity and then, increases annually by 5%. Increasing income option is available only with deferred income option.
Enhance your plan! With Edelweiss Tokio Life – Active Income Plan, you can opt for additional benefits in the form of riders. The available riders for this plan are Accidental Death Benefit Rider, Accidental Total and Permanent Disability Rider, Critical Illness Rider, Income Benefit Rider, Waiver of Premium Rider and Payor Waiver Benefit Rider
Don’t let financial trouble stop you from achieving your goals!We want you to live your zindagi unlimited, even if you need a little support to do it. That’s whyEdelweiss Tokio Life Active Income Plan offers you the choice to avail of a loan for urgent need of cash flow.
We believe in the statement, ‘No Deductions, No Worries’. Everything’s better when it’s got tax benefits! The premiums paid under this plan are eligible for tax benefit under Section 80 (C) and the income you get are eligible for tax benefit under Section 10(10D).
With this rider, you can get a lump sum amount to manage your expenses in case total or permanent accidental disability has hindered your earning capacity.
With this rider, if the proposer of the policy suffers from an unfortunate event like death, disability or critical illness, all future premiums are waived off and the policy continues for the life insured.
every year for
By the end of 99 years , Rahul receives a maturity benefit of₹
This is a sample illustration *The values are calculated for a 30 year old male, non-smoker. Some benefits are guaranteed, and some benefits are variable with returns based on the future performance of your life insurance company. If your policy offers guaranteed returns, then these will be clearly marked "guaranteed" in the illustration table. If your policy offers variable returns, then the illustrations will show two different rates of assumed investment returns. These assumed rates of return are not guaranteed, and they are not upper or lower limits of what you might get back as the value of your policy is dependent on a number of factors including future investment performance. For detailed understanding, please refer to the product illustration.
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We constantly innovate our offerings to get better results for you
Thanks, all queries resolved in one call to satisfaction. I am rating the services as 10.
Very helpful during call thanks to Ms Ayesha A customer care executive
He was very much clear about the issue and the importance of it.. Thanks rohit
Your customer support is doing excellent job.keep up the good work.
The Customer Care Executive - Ms Afreen Sheikh was very prompt in resolving my query!!
Edelweiss Tokio Life – Active Income Plan is a life insurance plan designed to provide a protection to your family from any financial loss in case of an untimely death or diagnosis of covered critical illness, and also provide a regular income to you and your family. It has various options to help you customize the plan as per your requirement.
In today’s uncertain world, it is important to save for the rainy days. You need to arrange for a stable income in your later years so that the external uncertainties don’t affect your future plans. A savings insurance plan ensures that your future income is intact, regardless of the situation.
This plan provides a regular income to you and your family till 99 years of age, which can help you achieve multiple goals by generating a stable second income. You can choose to use the funds for your child’s education, marriage. family vacations or retirement.
You can start getting your income as early as the 2nd policy year with the Early Income Benefit Option
There are four premium paying terms that you can choose from, depending on your needs - 5, 8, 10 and 12 years.
This plan offers 2 income options - Early Income option - where you can start getting your pay-out from the 2nd Policy Year & Deferred Income option - where you can start getting your income the year after you finish paying all your premiums.
Under this income option, Guaranteed Income will be paid annually at the end of each Policy year starting from the second Policy Year in the form of cash payout and is payable till Maturity Date or death of the Life Insured, (unless Family Income Benefit is opted) whichever is earlier, while the Policy is In-Force.
Under this Income Option, Guaranteed Income will be payable annually at the end of each Policy Year starting from the Policy Anniversary falling immediately after the completion of Premium Paying Term in the form of cash payout and is payable till Maturity Date or death of the Life Insured, (unless Family Income Benefit is opted) whichever is earlier, while the Policy is In-Force.
There are 2 types of Guaranteed Income options available. Level Guaranteed Income - where every pay-out will be equal to 1.5% of Sum Assured at Maturity and Increasing Guaranteed Income - where your pay-out after you complete all premium payments is 0.75% of Sum Assured on Maturity and increases every year thereafter by 5% of the Guaranteed Income payable on the Policy Anniversary falling immediately after the completion of PPT. Under the Early Income option, Guaranteed Income will be paid annually at the end of each Policy year starting from the second Policy Year. Under the Deferred Income Option, Guaranteed Income will be payable annually at the end of each Policy
Year starting from the Policy Anniversary falling immediately after the completion of Premium Paying Term
This is a Guaranteed Income Type where the same Guaranteed Income amount will be payable at every pay-out and will be equal to 1.5% of Sum Assured on Maturity.
In Increasing Guaranteed Income, your Guaranteed Income amount will increase annually. It will be equal to 0.75% of Sum Assured on Maturity on the Policy Anniversary falling immediately after the completion of all premium payments. Thereafter, it will increase by a fixed amount every year which is calculated as 5% of the Guaranteed Income. Increasing income option is available only with deferred income option
Yes, this plan covers death due to COVID-19.
Under this plan, the minimum policy term is 25 years and the maximum policy term is 99 years.
The minimum premium for this plan on an Annual basis is Rs. 50,000, on a Semi-Annual basis is Rs. 25,600, on a Quarterly basis is Rs. 13,000 and on a Monthly basis is Rs. 4,400. There is no limit on the maximum premium, as it is subject to board approved underwriting policy
The minimum entry age for this plan is 0 years and the maximum entry age is 65 years.
The minimum sum assured on death is Rs. 5,00,000 and the minimum sum assured on Maturity is Rs. 1,70,766. There is no limit on the maximum sum assured, as it is subject to board approved underwriting policy.
This benefit ensures that in case of your unfortunate death or diagnosis of covered Critical Illness, you and your family don’t have to compromise on your dreams, as Income Benefit and Maturity Benefit will be received as it is by the family. An added benefit is all future premiums (except for the rider premiums) are waived off. In case of your death during the Policy Term while the Policy is In-Force, in addition to the above benefit, Sum Assured on Death will be payable as a lump sum amount.
Paid-up Additions Benefit are benefits which get accrued to the policy in lieu of cash pay-out of Income Benefit in the form of ‘Paid-up Additions on Maturity’ and ‘Paid-up Additions on Death’. You can choose Paid-up Additions Benefit at the inception of Policy or at any subsequent Policy Anniversary by submitting a written request to the Company 60 days prior to such Policy anniversary.
You can avail this benefit only if you have opted for Family Income Benefit. If you are diagnosed with one of the covered Critical Illness conditions during the policy term and while the policy is in-force, you won’t have to pay any future premiums and your Policy will continue with residual benefits.
The Income Benefit is the sum of Guaranteed Income and Cash Bonus. It will vary if Family Income Benefit is opted or not. Without the Family Income Benefit - you get the Income Benefit on your survival during the policy year. With the Family Income Benefit you get the Income Benefit whether you survive or not during the Policy Term.
You have a period of 15 days from the date of the receipt of the policy
document. Policies sold through Distance Marketing will have a free look period for 30
days. You have to provide written reasons for your objection.
In case of death due to suicide within 12 months from the Risk Commencement Date or from the date of Revival of the policy, your Nominee or Beneficiary shall be entitled to at least 80% of the total Premiums, provided the Policy is in force.
Grace Period of 15 days is allowed, where you pay the Premium on a monthly basis, and 30 days in all other cases during which you must pay the Premium due in full.
It is an amount which may be payable based on the performance of the participating fund, either on your death or Policy maturity. For Family Income Benefit, terminal bonus, if declared, will be payable only on maturity.
A life insurance policy should be handy for you in case of any adverse financial emergencies. This plan caters to that, whereby you can avail a loan under the policy once the policy acquires surrender value. The specific percentage is as mentioned below:
● Without Family Income Benefit: 60%
● With Family Income Benefit: 50%
The maximum entry age for – this plan is 65 years. So, you can retire without any fear if you have Edelweiss Tokio Life - Active Income Plan with you.
A rider is an additional benefit that you can opt for, to enhance your plan You can choose between Accidental Death Benefit Rider, Accidental Total and Permanent Disability Rider, Critical Illness Rider, Income Benefit Rider, Payor Waiver Benefit Rider and Waiver of Premium Rider.
Ab Milegi Income, Har Haal Saalon Saal
Life Insurance is a Priority!
We Aim to Make Zindagi Unlimited
Independent & Unlimited Zindagi
Modern Mahila ko #TaxSeKyaDarr?
1 - Applicable only if all due premiums are paid and the policy is in-force.
2 - Policy loan is subject to terms & conditions of the product. Refer product brochure for more details.
3 - As per provisions of Income Tax Act, 1961. Tax benefits are subject to changes in tax laws.
4- If declared, Cash Bonus is a non-guaranteed bonus which may be payable based on the performance of the participating fund of the Company.
9- Riders are available at extra cost.
Disclaimer : Edelweiss Tokio Life – Active Income Plan is only the name of the Individual, Non-Linked, Par, Savings, Life Insurance Product and does not in any way indicate the quality of the plan, its future prospects, or returns. Please know the associated risks and the applicable charges from your Personal Financial Advisor or the Intermediary. Tax benefits are subject to changes in the tax laws. For more details on risk factors and terms and conditions, please read sales brochure carefully before concluding a sale.
IRDAI Regn. No.: 147. CIN: U66010MH2009PLC197336. UIN: 147N065V01.
ARN No : WP/1449/Feb/2021