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Edelweiss Tokio Life – EduSave

child education insurance with

  • 01 comprehensive protection
  • 02 loan facility
  • 03 option of yearly payout
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plan definition

An endowment plan designed to cater to the need of education and marriage funding. Parents have dreams for their children's education & marriage. Turn those dreams into actionable goals and then implementable plans with Edusave. UIN No: 147N022V01

key features

1maturity benefit

 

On survival of life assured till maturity:

1) Guaranteed Sum Assured in pre-defined instalments

2) Accrued Bonuses.

the above will be in line with the pay-out option selected

2death benefit

 

On death of Life assured during the policy term:

1) Sum Assured is paid immediately

2) All future premiums are waived off

3) Reversionary Bonus continues to accrue till maturity

4) All maturity benefits are paid

3tax benefits

 

You can avail tax benefits under Section 80C and Section 10 (10D) of Income Tax Act, 1961.

Premium paid for Critical Illness Rider and Hospital Cash Benefit Rider, if opted, may qualify for a deduction under Section 80D of the Income Tax Act, 1961.

Tax benefits are subject to change in the tax laws.

riders

This Term plan offers different riders to choose for the online insurance policy to make this term plan more comprehensive.

  • edelweiss tokio life Accidental Total & Permanent Disability (UIN: 147B001V02) Edelweiss Tokio Life -Accidental Total and Permanent Disability Rider provides you with a lump sum to cater to your immediate expenses in case your income earning capacity is hindered due to an accidental disability (total & permanent). know more
  • edelweiss tokio life Accidental Death Benefit (UIN: 147B002V02) Edelweiss Tokio Life -Accidental Death Benefit Rider provides for additional financial security in case any death occurs due to accident. Also, the benefit is payable in lumpsum. know more
  • edelweiss tokio life payor waiver (UIN: 147B014V03) Edelweiss Tokio Life -Payor Waiver Benefit Rider waives off future premiums in case of death, critical illness or total and permanent disability due to accident of the proposer (payor) so that the life assured continues to get the benefits know more
  • edelweiss tokio life hospital cash (UIN: 147B006V02) Edelweiss Tokio Life -Hospital Cash Benefit Rider provides for daily allowance as well as post hospitalization benefits ,in case of hospitalization of the policyholder. know more
  • edelweiss tokio life Critical Illness (UIN: 147B005V02) Edelweiss Tokio Life- Critical Illness Rider Provides you with a lumpsum to cater to your immediate expenses in case your income earning capacity is hindered in the event of critical illness know more
  • edelweiss tokio life waiver of premium (UIN: 147B003V03) Edelweiss Tokio Life -Waiver of Premium Rider provides you protection in case of critical illness or accidental total and permanent disability. know more
  • edelweiss tokio life Income Benefit (UIN: 147B015V01) Edelweiss Tokio Life – Income Benefit Rider ensures your family has continuity of regular income even in your absence. know more
  • edelweiss tokio life Term (UIN: 147B004V02) Edelweiss Tokio Life- Term Rider provides you with a lumpsum amount in addition to the base plan cover to provide increased security to your family. know more

additional resources

product brochure

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sample contract

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product disclaimer

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bonus rates

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premium rates

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related blogs

  • Get To Know How You Can Get Assured Returns With Your Savings

    read more

  • Endowment Plans Suitable For Women In Helping Them Achieve Their Goals

    read more

customer testimonials

  • Thanks for providing the good news that the policy has been issued.Yes,the service was very good from Edelweiss Tokio Life Insurance to avail this insurance within the scheduled time.I hope the same kind of support will continue for this long term relationship with Edelweiss Tokio.

    read more

    Kartik Nayak

  • Thanks for issuing the policy.I am very much satisfied with the professionalism shown by entire team (sales/UW/support).Special token of appreciation to Rohan in getting things clarified and resolved so promptly.Wonderful and pleasant expereince

    read more

    Nishant Kumar

eligibility criteria

1 entry age (last birthday)

Minimum : 18 years

Maximum : 45 years
2 maximum maturity age (last birthday)

60 years
3 policy term

Minimum : 10 years

Maximum : 30 years
4 premium paying term
Policy term Entry age Premium Paying Term
10 18-40 regular pay
11-14 18-45 regular pay
15 18-45 regular pay, 10 pay
16-30 18-45 regular pay, 10 pay, policy term less 5 years
5 sum assured

Minimum : Rs 2.25 lakhs 

Maximum : no limit
6 premium payment frequency

Annual - 100% of annual premium

Semi-annual - 51.2% of annual premium

Quarterly - 26.0% of annual premium

Monthly - 8.8% of annual premium 

related blogs

  • Get To Know How You Can Get Assured Returns With Your Savings

    read more

  • Endowment Plans Suitable For Women In Helping Them Achieve Their Goals

    read more

customer testimonials

  • Thanks for providing the good news that the policy has been issued.Yes,the service was very good from Edelweiss Tokio Life Insurance to avail this insurance within the scheduled time.I hope the same kind of support will continue for this long term relationship with Edelweiss Tokio.

    read more

    Kartik Nayak

  • Thanks for issuing the policy.I am very much satisfied with the professionalism shown by entire team (sales/UW/support).Special token of appreciation to Rohan in getting things clarified and resolved so promptly.Wonderful and pleasant expereince

    read more

    Nishant Kumar

returns against payment

Edusave

A video you might be interested in

related blogs

customer testimonials

  • Thanks for providing the good news that the policy has been issued.Yes,the service was very good from Edelweiss Tokio Life Insurance to avail this insurance within the scheduled time.I hope the same kind of support will continue for this long term relationship with Edelweiss Tokio.

    read more

    Kartik Nayak

  • Thanks for issuing the policy.I am very much satisfied with the professionalism shown by entire team (sales/UW/support).Special token of appreciation to Rohan in getting things clarified and resolved so promptly.Wonderful and pleasant expereince

    read more

    Nishant Kumar

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