Take a step ahead to secure your goals



Please Enter Valid Mobile Number

Please select Gender value

Reasons why this plan is a must have for employee benefit payouts

  • Death Benefit

    Guaranteed¹ Loyalty Additions

    These additions boost your overall fund value and are added from the end of your 1st policy year.

  • Surrender Benefit

    Multiple Fund Options

    You can choose from 4 funds with different objectives to get returns according to your risk appetite.

  • Unlimited Free Switching

    Switching is free and there is no cap on the number of switches. This facility will be available at any point of time.

  • Premium Redirection

    You have the choice of redirecting your future premiums to different funds in anticipation of better returns.

Benefits of Group Wealth Accumulation

Guaranteed¹ Loyalty Additions

 Something extra comes your way! We like helping your wealth grow in every way, which is why we boost your fund value with Guaranteed¹ Loyalty Additions. These additions are added to your fund value from the end of the 1st policy year itself.  

Choice of Multiple Funds

 Play the game of choices! We have 4 different fund options - Group Growth Fund, Group Balancer Fund, Group Bond Fund and Group Money Market Fund. You can choose between them to decide how you want to invest your funds as per risk appetite.  

Unlimited Switching

 No restrictions here! You can choose to switch between the multiple fund options without worrying about any extra charges or limitations. You can do this at any point in time with a minimum switching amount of Rs. 5,000.  

Premium Redirection

 No unnecessary charges here! This means we won’t charge you for things like premium allocation. You can alter the allocation percentages for future premiums by giving written notice to the Company. Redirection is applicable to the future premiums but will not affect the existing units.  

Tax Benefits³

We believe in the statement, ‘No Deductions, No Worries’.  Everything’s better when it’s got tax benefits! Premiums paid are considered as a business expense and are eligible for tax benefit³ under section 37 of the Income Tax Act, 1961.

Get Guaranteed Loyalty Addition with Group Wealth Accumulation
Premium Redirection - Group Wealth Accumulation
Choose Multiple Funds with Group Wealth Accumulation Plan
Multiple Fund Option with Group Wealth Accumulation
Multiple Fund Option with Group Wealth Accumulation

How It Works!


Start Planning

  • Conduct need analysis
  • Choose your premium amount

Make Your Selections

  • Select your group size
  • Choose the sum assured per member

Seal the Deal

  • Choose your Policy Term
  • Make Your premium payment

Sit Back and Relax

  • Submit the requested documents
  • Let us verify your details so you can activate your plan!

More Products You Will Love

Need expert advice?

Reasons Why You’re Bound To Love Us Back

We’ve got experience in helping people make their Zindagi unlimited

We’ve got expertise in helping you grow your wealth

We constantly innovate our offerings to get better results for you

Here's Why Our Customers Adore Us

Look at what people had to say about our services

Our customers say
based on 565 reviews


Like teachers say, there are no silly questions

Why do I need a group employee ULIP plan?

As an employer, you may need to accumulate wealth to provide employee benefits such as Gratuity and Leave Encashment. These could be considerable amounts and hence need to be planned for in advance. A group employee ULIP plan helps you to build a consolidated reserve for this purpose by investing into multiple funds.  

Was this helpful?

Why should I opt for Edelweiss Tokio Life Group Wealth Accumulation?

Edelweiss Tokio Life Group Wealth Accumulation is a ULIP that provides fund management for various employee benefit schemes including Gratuity and Leave Encashment. Apart from the employment scheme benefits, every member will have a term insurance cover of Rs 1,000/- payable on death

Was this helpful?

What is the minimum group size required to take this plan?

The minimum group size required to take this plan is 10 members. 

Was this helpful?

What is the minimum and maximum entry age?

 The minimum is 18 years and the maximum entry age is 79 years. 

Was this helpful?

What is the maximum maturity age?

The maximum maturity age is 80 years. 

Was this helpful?

What is the minimum and maximum policy term?

 The minimum and maximum policy term is not applicable to the product and the product will continue till the last member covered ceases/retires/resigns.


Was this helpful?

What is the minimum and maximum sum assured?

The minimum and maximum sum assured is ₹1000 per member.

Was this helpful?

How often do I need to pay my premiums?

The premiums can be paid through Annual, Semi-annual, Quarterly and Monthly mode.

Was this helpful?

What is the initial premium amount?

The initial premium amount is ₹ 5 lakhs.

Was this helpful?

How many funds available in this plan?

There are 4 funds available in this plan. They are as follows - Group Growth Fund, Group Balancer Fund, Group Bond Fund and Group Money Market Fund.

Was this helpful?

Does this plan allow Switching & Premium Redirection?

Yes, this plan offers unlimited free switched and premium redirection. 

Was this helpful?

Are Partial Withdrawals allowed in this plan?

 Partial withdrawals are not allowed under the plan.

Was this helpful?

Does this plan have a Surrender Value?

 The master policyholder may choose to surrender the master policy at any time during the policy continuing with us or as per IRDAI regulations at that point of time. There will be no surrender charges applicable. The surrender value is equal to the fund value at the time of surrender

Was this helpful?

Does this plan have a Free Look Period?

 You have the option to return the policy bond within 15 days from the date of receipt of the policy bond stating the reason for your objection. We would return the fund value as on date of cancellation along with the premium allocation charges, proportionate mortality charges for the remaining policy month and policy administration charges already deducted. We would however recover the stamp duty cost and cost of medical examination, if any.

Was this helpful?

Does this plan have a Grace Period?

There is no grace period applicable. 

Was this helpful?

We are always there for you !

Related Articles & Resources


Additional Resources

0- Provided the premium paying term is more than or equal to 10 years.

1-  This is applicable only if all due premiums are paid and the policy is in-force.

3- As per provisions of Income Tax Act, 1961. Tax benefits are subject to changes in tax laws.


The Linked Insurance Products do not offer any liquidity during the first five years of the contract. The policyholder will not be able to surrender/withdraw the monies invested in Linked Insurance Products completely or partially till the end of the fifth year.


Unit Linked Life Insurance products are different from the traditional insurance products and are subject to the risk factors. The premium paid in unit linked life insurance policies are subject to investment risk associated with capital markets and the unit price of the units may go up or down based on the performance of investment fund and factors influencing the capital market and the policyholder is responsible for his/her decisions. Edelweiss Tokio Life Insurance is only the name of the Insurance Company and Edelweiss Tokio Life - Group Wealth Accumulation is only the name of the unit-linked life insurance contract and does not in any way indicate the quality of the contract, its future prospects, or returns. The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these plans, their future prospects and returns. Investment risk in investment portfolio is the borne by the policyholder. Please know the associated risks and the applicable charges from your Personal Financial Advisor or the Intermediary or policy document of the Insurer. Tax benefits are subject to changes in the tax laws. Insurance is the subject matter of the solicitation. For more details on risk factors and terms and conditions, please read sales brochure carefully before concluding a sale.

IRDAI Reg. No.: 147. CIN: U66010MH2009PLC197336. UIN:  147L014V02.

Group Growth Fund: (SFIN No: ULGF00105/09/11GFGrowth147)
Group Balancer Fund: (SFIN No: ULGF00205/09/11GFBalancer147)
Group Bond Fund: (SFIN No: ULGF00305/09/11GFBond147)
Group Money Market Fund: (SFIN No: ULGF00405/09/11GFMoneymarket147)


ARN No : WP/1434/Feb/2021