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 In today’s uncertain world, it is important to save for the rainy days. You need to arrange for a stable income in your later years so that the external uncertainties don’t affect your future plans. A savings insurance plan ensures that your future income is intact, regardless of the situation.

This plan provides a regular income to you and your family till 99 years of age, which can help you achieve multiple goals by generating a stable second income. You can choose to use the funds for your child’s education, marriage. family vacations or retirement. 

You can start getting your income as early as the 2^nd policy year with the Early Income Benefit Option

There are four premium paying terms that you can choose from, depending on your needs - 5, 8, 10 and 12 years. 

This plan offers 2 income options - Early Income option - where you can start getting your pay-out from the 2^nd Policy Year & Deferred Income option - where you can start getting your income the year after you finish paying all your premiums. 

Under this income option, Guaranteed Income will be paid annually at the end of each Policy year starting from the second Policy Year in the form of cash payout and is payable till Maturity Date or death of the Life Insured, (unless Family Income Benefit is opted) whichever is earlier, while the Policy is In-Force.

Under this Income Option, Guaranteed Income will be payable annually at the end of each Policy Year starting from the Policy Anniversary falling immediately after the completion of Premium Paying Term in the form of cash payout and is payable till Maturity Date or death of the Life Insured, (unless Family Income Benefit is opted) whichever is earlier, while the Policy is In-Force.

There are 2 types of Guaranteed Income options available. Level Guaranteed Income - where every pay-out will be equal to 1.5% of Sum Assured at Maturity and Increasing Guaranteed Income - where your pay-out after you complete all premium payments is 0.75% of Sum Assured on Maturity and increases every year thereafter by 5% of the Guaranteed Income payable on the Policy Anniversary falling immediately after the completion of PPT. Under the Early Income option, Guaranteed Income will be paid annually at the end of each Policy year starting from the second Policy Year. Under the Deferred Income Option, Guaranteed Income will be payable annually at the end of each Policy
Year starting from the Policy Anniversary falling immediately after the completion of Premium Paying Term

This is a Guaranteed Income Type where the same Guaranteed Income amount will be payable at every pay-out and will be equal to 1.5% of Sum Assured on Maturity.

In Increasing Guaranteed Income, your Guaranteed Income amount will increase annually. It will be equal to 0.75% of Sum Assured on Maturity on the Policy Anniversary falling immediately after the completion of all premium payments. Thereafter, it will increase by a fixed amount every year which is calculated as 5% of the Guaranteed Income. Increasing income option is available only with deferred income option

Yes, this plan covers death due to COVID-19. 

Under this plan, the minimum policy term is 25 years and the maximum policy term is 99 years.

The minimum premium for this plan on an Annual basis is Rs. 50,000, on a Semi-Annual basis is Rs. 25,600, on a Quarterly basis is Rs. 13,000 and on a Monthly basis is Rs. 4,400. There is no limit on the maximum premium, as it is subject to board approved underwriting policy

The minimum entry age for this plan is 0 years and the maximum entry age is 65 years.

The minimum sum assured on death is Rs. 5,00,000 and the minimum sum assured on Maturity is Rs. 1,70,766. There is no limit on the maximum sum assured, as it is subject to board approved underwriting policy.

This benefit ensures that in case of your unfortunate death or diagnosis of covered Critical Illness, you and your family  don’t have to compromise on your dreams, as Income Benefit and Maturity Benefit will be received as it is by the family. An added benefit is all future premiums (except for the rider premiums) are waived off. In case of your death during the Policy Term while the Policy is In-Force, in addition to the above benefit, Sum Assured on Death will be payable as a lump sum amount.

Paid-up Additions Benefit are benefits which get accrued to the policy in lieu of cash pay-out of Income Benefit in the form of ‘Paid-up Additions on Maturity’ and ‘Paid-up Additions on Death’. You can choose Paid-up Additions Benefit at the inception of Policy or at any subsequent Policy Anniversary by submitting a written request to the Company 60 days prior to such Policy anniversary.

You can avail this benefit only if you have opted for Family Income Benefit. If you are diagnosed with one of the covered Critical Illness conditions during the policy term and while the policy is in-force, you won’t have to pay any future premiums and your Policy will continue with residual benefits.

The Income Benefit is the sum of Guaranteed Income and Cash Bonus. It will vary if Family Income Benefit is opted or not. Without the Family Income Benefit - you get the Income Benefit on your survival during the policy year. With the Family Income Benefit you get the Income Benefit whether you survive or not during the Policy Term.

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. You have to provide written reasons for your objection.

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 Nominee or Beneficiary shall be entitled to at least 80% of the total Premiums, provided the Policy is in force.

Grace Period of 15 days is allowed, where you pay the Premium on a monthly basis, and 30 days in all other cases during which you must pay the Premium due in full.

It is an amount which may be payable based on the performance of the participating fund, either on your death or Policy maturity. For Family Income Benefit, terminal bonus, if declared, will be payable only on maturity.

A life insurance policy should be handy for you in case of any adverse financial emergencies. This plan caters to that, whereby you can avail a loan under the policy once the policy acquires surrender value. The specific percentage is as mentioned below:

●      Without Family Income Benefit: 60%

●      With Family Income Benefit: 50%

The maximum entry age for – this plan is 65 years. So, you can retire without any fear if you have Edelweiss Tokio Life - Active Income Plan with you. 

A rider is an additional benefit that you can opt for, to enhance your plan You can choose between Accidental Death Benefit Rider, Accidental Total and Permanent Disability Rider, Critical Illness Rider, Income Benefit Rider, Payor Waiver Benefit Rider and Waiver of Premium Rider.