Edelweiss Tokio Life Group Employee Benefit Plus

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Edelweiss Tokio Life Group Employee Benefit Plus

Edelweiss Tokio Life – Group Employee Benefit Plus is a Group, Non-Linked, Non-Par, Savings, Life Insurance Fund based Product with yearly renewable policy term. This product provides wealth accumulation solutions to employers for meeting the funding requirements of various employee benefit schemes, where the scheme does not maintain individual member accounts and only maintains a consolidated fund, such as, Gratuity and Leave Encashment schemes.

UIN: 147N064V01


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Benefits so good, they have to be true!

Death Benefit

Death Benefit

On account of the unfortunate demise of Member:
• Benefits, as per scheme rules, are payable and
• A fixed Sum Assured of Rs. 5000/-

Death Benefit

On account of the unfortunate demise of Member

Death Benefit

Death Benefit

On account of the unfortunate demise of Member:
• Benefits, as per scheme rules, are payable and
• A fixed Sum Assured of Rs. 5000/-

Other than Death

On the Member retiring/resigning from the services or any other exit from employment as mentioned in the scheme rules

Other than Death

Other than Death

Benefits, as per scheme rules, are payable.
Benefits, death and other than death, will be payable in the name of member, nominee or beneficiary as the case maybe.
The benefit on various events (like resignation, death, retirement, termination or disability) will be paid from the
respective Policy Account in accordance with the scheme rules as and when required by the Master Policyholder.

Interest Credits to the Policy Account Value

The Interest after allowing for appropriate expenses for the scheme will be applied on the Policy Account Value every day on a pro-rated basis

Interest Credits to the Policy Account Value

Interest Credits to the Policy Account Value

A non-zero positive interest rate, subject to a minimum of 0.5% p.a. shall be declared on a quarterly basis for the product in accordance with the Board Approved Policy. The interest rate will be declared at the beginning of the quarter i.e. within 15 days of the start of the quarter. 

Check if you are eligible for this product

Here are the rules! Ask us if any doubts.

What is the life cover offered under this product?
The life...

The life cover offered under this product is Rs. 5000

What is the minimum group size under this product?
the minimu..
The minimum group size under this product is 10
What is the minimum initial contribution?
The minim...

The minimum initial contribution is Rs. 10 Lakhs

What is the maximum maturity age for the life cover?
The max...

The maximum maturity age for the life cover81 years

What is the minimum and maximum entry age of the Member?
The minim...

The minimum and maximum entry age of the Member
Minimum: 18 years and Maximum: 80 years

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Additional resources

Product brochure view & download pdf
Sample contract view & download pdf
Interest rate view & download pdf
Product disclaimer read more