5 reasons why this is the perfect savings plan

Even during uncertain times, one thing is quite certain. You will get Guaranteed Returns on your savings with Edelweiss Tokio Life – GCAP. It’s not just a solid savings plan, it gets you a Life Cover too.

Here are five reasons why GCAP is the perfect savings plan:

1. Guaranteed Benefits

The plan guarantees all benefits upfront, including the tax-free returns. Moreover a guaranteed fund addition gets added into your savings every year, starting from the 9th policy year till maturity, at the beginning of the year.

2. Affordable Savings

The plan starts at just ₹1500 per month which makes this plan super affordable. However, you get extra benefits for higher premium. You can choose to pay the premiums over 5, 7, 10 or 12 years and continue the policy for 10, 15, 20, 25 or 30 years.

3. Enhanced Protection with Riders

You can add riders such as Waiver of Premium, Critical Illness, and Accidental Total and Permanent Disability Rider,
Accidental Death Benefit and make your policy more comprehensive.

4. Loan Facility in Times of Need

This plan allows you to get a loan once it reaches surrender value, to meet any urgent or unforeseen financial needs.

5. Tax Benefits

You can avail tax benefits under Section 80C and Section 10 (10D) of Income Tax Act, 1961. Premium paid for Critical Illness Rider, if opted, may qualify for a deduction under Section 80D of the Income Tax Act, 1961.

Well then, what are you waiting for! Check out Edelweiss Tokio Life – GCAP by clicking  here and start saving today!

Aastha Mestry - Portfolio Manager          

An Author and a Full-Time Portfolio Manager, Aastha has 6 years of experience working in the Insurance Industry with businesses globally. With a profound interest in traveling, Aastha also loves to blog in her free time.