Reasons Why You’re Bound To Love Us Back

• Edelweiss Tokio Life – Bharat Savings STAR offers you guaranteed income to take care of your future financial needs and helps you achieve your goals. 
• Option to receive Guaranteed1 Income from first month and save tax up to Rs 46,800*
• It also offers you multiple flexibilities to customize when and how much of the income you’d like to withdraw according to your specific requirements.

This plan helps any earning/business professional to set aside regular savings as small as Rs. 7,500 annually for guaranteed savings and tax-benefits. Be it a working woman, salaried professional, self-employed or businessman, this plan provides you a boost to fulfil your goals. With a savings plan, you can achieve life goals like child’s education or marriage. You can also fulfil other goals such as buying a luxury car, your dream home or planning a peaceful retirement.

Bharat Savings STAR is suitable for someone – 

• who is risk averse 
• who wants a combination of life insurance and savings 
• who wants to balance their financial portfolio with guaranteed returns 
• who wants the flexibility to accrue or withdraw the income as and when required 
• who wants to save for various financial needs like child future planning, retirement planning, or any other financial goal.

Life Cover is available throughout the policy term, provided all premiums are paid and the policy is in-force.

With this plan, you get two Plan Options to customize the plan according to your individual needs. The Policyholder needs to select one of the Plan Options at inception. Your benefits will vary depending upon which of the following option is chosen:

• Immediate Income
• Deferred Income

Both plan options offer maturity benefit if the life insured survives till the end of the policy term, death benefit equals to sum assured on death, i.e., 7x or 10x the premium⁴ paid, is payable and the policy will terminate. in case you’re not around to look after them. This plan also offers flexibility to choose income benefit pay-out frequency. It helps you with financial planning by accruing and compounding the income when not needed and withdrawing it as and when required – partially or fully during the policy tenure.

For the Immediate Income Option, the minimum Premium Payment Term is 8 years, and the maximum is 12 years. However, if you plan to choose the Deferred Income Option, the minimum Premium Payment Term is 5 years, with a maximum of 12 years.

Yes, you can get a policy loan once policy acquires surrender value.

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.

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 beneficiary shall be entitled to receive at least 80% of the Total Premiums Paid, provided the policy is in in-force.

A rider is an additional and optional benefit that you can choose, to enhance your plan.

Following are the riders available with this plan:

• Edelweiss Tokio Life - Accidental Death Benefit Rider
• Edelweiss Tokio Life - Accidental Total and Permanent Disability Rider
• Edelweiss Tokio Life - Critical Illness Rider
• Edelweiss Tokio Life - Waiver of Premium Rider
• Edelweiss Tokio Life - Payor Waiver Benefit Rider

Grace period of 15 days, where you pay the Premium monthly, and 30 days in all other cases, is available.

The minimum premium for the annual mode is Rs 7,500. The maximum premium for the annual mode is Rs 2,50,000.

The minimum sum assured under this plan is Rs 52,500. The maximum sum assured on death offered is Rs 25,00,000~.

The minimum entry age for 20, 25, 30, 35, 40 policy term is 0 years, and 3 years for 15 policy term. The maximum entry age for the plan is 65 years of age