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Why Invest Today?
Organized Savings Starts at a Younger Age
Wealth Accumulation for Future Guaranteed¹ Income
Funds Parked Early to Fulfil Future Goals Faster
Loved Ones Stay Protected Early On
Guaranteed¹ Returns Calculator
Edelweiss Tokio Life – Premier Guaranteed Income
A guaranteed¹ income plan designed to meet goals of different kinds, Edelweiss Tokio Life – Premier Guaranteed Income provides the benefits of guaranteed¹ returns, tax saving and life cover. It is well-suited for both long-term and short-term goals. Whether you want to save for your child’s education, plan your post-retirement finance, buy your dream house, or even plan for a family vacation abroad, this plan lets you do all.
Reasons Why You’ll Love This Birthday Gift
Guaranteed1 Income
Guaranteed1 Returns to secure your future financial goals with guaranteed1 returns.
4 Plan Options
Option to choose between Lumpsum, Short Term Income, Long Term Income & Retirement Income types.
Additional Lumpsum
Enhanced income with lumpsum returns on maturity in addition to regular income with Short Term Income option.
Financial Protection
Life Cover throughout the policy + 6 Rider9 options for enhanced protection.
Family Income Benefit
Option to waive off future premiums in case of diagnosis of a Critical Illness and/or death.
Tax Benefits3
Tax Benefits on Premium Paid u/s 80(C) and on Maturity Benefit u/s 10(10D).
Guaranteed1 Income
Guaranteed1 Returns to secure your future financial goals with guaranteed1 returns.
4 Plan Options
Option to choose between Lumpsum, Short Term Income, Long Term Income & Retirement Income types.
Additional Lumpsum
Enhanced income with lumpsum returns on maturity in addition to regular income with Short Term Income option.
Financial Protection
Life Cover throughout the policy + 6 Rider9 options for enhanced protection.
Family Income Benefit
Option to waive off future premiums in case of diagnosis of a Critical Illness and/or death.
Tax Benefits3
Tax Benefits on Premium Paid u/s 80(C) and on Maturity Benefit u/s 10(10D).
What Makes Edelweiss Tokio Life Your Ideal Partner?
98.09% Claim Settlement Ratio^⁴
Our Promise of Integrity - 98.09% Claim Settlement Ratio for FY 2022.
Best Customer Experience
Customer Experience Excellence in CX 2022 – Economic Times CX Summit^³
Fire Away Queries
Like teachers say, there are no silly questions
Why should I invest in a guaranteed¹ income plan?
A plan that offers guaranteed¹ returns ensures that you have a source of income, no matter the circumstances. This plan caters to your need for stable wealth accumulation, along with providing protection for your family and giving tax³ benefits. With these benefits, you can ensure your achievement of future goals, whether it be a happy retirement or paying for your child’s education
What should I opt for Edelweiss Tokio Life Premier Guaranteed¹ Income plan?
Edelweiss Tokio Life – Premier Guaranteed Income is a life insurance plan designed to provide a protection to your family from any financial loss in case of an untimely death or diagnosis of covered Critical Illness, and also offers a guaranteed¹ regular income and / or guaranteed¹ lump sum to you and your family, provided all due premiums are paid. It has four plan options to help you customize the plan as per your requirement.
What goals can I meet with this plan?
You may want an early retirement which can be enjoyed in style with regular guaranteed¹ income, or it could be an international education course for your child. It would be ideal to invest in a plan which helps you accumulate wealth / generate income via guaranteed returns to achieve these goals, even in your absence.
Are all the benefits guaranteed¹?
Yes, all the benefits in this plan are guaranteed¹.
Is the Life Cover available throughout the policy term?
Life Cover is available throughout the policy term, provided all premiums are paid and the policy is in-force.
How many plan options are available?
This plan offers 4 plan options to choose from – Lump sum, Short term Income, Long Term Income & Retirement Income, basis your life goals. You could want an early retirement that you could enjoy in style with regular guaranteed income through the Retirement Income option, or you could gift your child a regular higher education tuition fees through Short Term Income option or Long Term Income option, or it could be an international education course for your child for which you may need a lump sum guaranteed¹ payout.
Are there any additional benefits available?
With all Plan Options, there is an additional optional benefit of Family Income Benefits. This benefit ensures that in case of an unfortunate event of death or diagnosis of covered Critical Illness of the Life Insured, you and your loved ones don’t have to compromise on your dreams as you/they will continue to receive benefit. There are two options available under the Family Income Benefits - Family Income Benefits on Critical Illness and Family Income Benefits on Critical Illness and Death.
What is the Premium Paying Term (PPT) for this plan?
For all plan options, the Premium Paying Term (PPT) options are 5, 8, 10 & 12.
What is the Policy Term for this plan?
The policy term for this plan depends on the plan option selected -
Lump Sum
For 5 PPT: 10, 15 & 20 For 8 PPT: 10, 15 & 20 For 10 PPT: 12, 15 & 20 For 12 PPT: 15 & 20
Short Term Income
For 8 PPT: 18 For 10 PPT: 22 For 12 PPT: 26
Long Term Income
For 5 PPT: 22, 27, 32 & 37 For 8 PPT: 25, 30, 35 & 40 For 10 PPT: 27, 32, 37 & 42 For 12 PPT: 29, 34 & 39
Retirement Income
80 minus entry age
What is a Rider?
A rider is an additional benefit that you can opt for, to enhance your plan. These are available at a nominal extra cost.
Are there any Riders available?
Following are the riders available with this plan:
● Edelweiss Tokio Life - Accidental Death Benefit Rider
● Edelweiss Tokio Life - Accidental Total and Permanent Disability Rider
● Edelweiss Tokio Life - Critical Illness Rider
● Edelweiss Tokio Life - Waiver of Premium Rider
● Edelweiss Tokio Life - Payor Waiver Benefit Rider
● Edelweiss Tokio Life - Income Benefit Rider
Can I get a loan through this plan?
Yes, you can get a policy loan once policy acquires surrender value. Policy loan is subject to terms & conditions of the product. Refer product sales brochure for more details.
What is the free look period of this policy?
You have a period of 15 days from the date of the receipt of the policy document. Policies sold through Distance Marketing & electronic policies will have a free look period for 30 days.
Are there any exclusions?
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 beneficiary shall be entitled to receive at least 80% of the Total Premiums Paid, provided the policy is in in-force.
Do I get any Grace Period?
Grace period of 15 days, where you pay the Premium monthly, and 30 days in all other cases, is available.
Need expert advice?
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Disclaimer
# Illustrations for Life Insured - Age: 35-year-old (male), | Annualized Premium: Rs. 60,000 (excluding taxes) | Policy Term: 37 years | Premium Paying Term: 10 years | Premium Paying Frequency: Monthly | Plan Option: Lumpsum | Investing For: Himself | Family Income Benefit: No | Distribution Channel: Online | Maturity Benefit Received by Policyholder at the End of 20th Policy Year: Rs. 15,05,628
* Illustrations for Life Insured - Age: 45-year-old (male), | Annualized Premium: Rs. 60,000 (excluding taxes) | Policy Term: 37 years | Premium Paying Term: 10 years | Premium Paying Frequency: Monthly | Plan Option: Lumpsum | Investing For: Himself | Family Income Benefit: No | Distribution Channel: Online | Maturity Benefit Received by Policyholder at the End of 20th Policy Year: Rs. 14,92,189
~ Illustrations for Life Insured - Age: 55-year-old (male), | Annualized Premium: Rs. 60,000 (excluding taxes) | Policy Term: 37 years | Premium Paying Term: 10 years | Premium Paying Frequency: Monthly | Plan Option: Lumpsum | Investing For: Himself | Family Income Benefit: No | Distribution Channel: Online | Maturity Benefit Received by Policyholder at the End of 20th Policy Year: Rs. 14,48,301
** Illustration for Life Insured - Age: 25-year-old (male) | Annualized Premium : Rs. 1,20,000 (excluding taxes) | Policy Term: 39 years | Premium Paying Term: 12 years | Premium Paying Frequency: Monthly | Plan Option : Long Term Income | Income Pay-out Duration: 25 Years | Income Pay-out Frequency: Annual | Family Income Benefit: No | Lumpsum Benefit: Yes | Employee of Edelweiss: No | Distribution Channel: Online | Income Pay-outs starts from the end of the 15th year | Total Amount received by the Policyholder: Rs. 57,89,360
+ Illustration for Life Insured - Age: 25-year-old (male) | Annualized Premium : Rs. 1,20,000 (excluding taxes) | Policy Term: 26 years | Premium Paying Term: 12 years | Premium Paying Frequency: Monthly | Plan Option: Short Term Income | Income Pay-out Duration: 12 Years | Income Pay-out Frequency: Annual | Family Income Benefit: No | Employee of Edelweiss: No | Distribution Channel: Online | Income Pay-outs starts from the end of the 15th year | Total Amount received by the Policyholder: Rs. 32,91,720
++ Maturity Amount(exclusive of taxes) Age: 25-year-old (male) | Monthly Premium: Rs. 5,000 (excluding taxes) | Policy Term: 26 years | Premium Paying Term: 12 years | Premium Paying Frequency: Monthly | Plan Option: Short Term Income | Income Pay-out Duration: 12 Years | Income Pay-out Frequency: Annual | Family Income Benefit: No | Employee of Edelweiss: No | Distribution Channel: Online | Income Pay-outs starts from the end of the 15th year | Total Amount received by the Policyholder: Rs. 16,13,052
^³ - https://thealdenglobal.com/inflection-conference-awards/
^⁴ Claim statistics are for Financial Year 2020-21 and is computed basis individual claims settled over total individual claims for the financial year. For details, refer to Public Disclosures in our Website
1- Applicable only if all due premiums are paid and the policy is in-force.
2- Policy loan is subject to terms & conditions of the product. Refer product brochure for more details.
3- As per provisions of Income Tax Act, 1961. Tax benefits are subject to changes in tax laws.
9- Riders are Optional and available at extra cost. Please refer rider brochure for more details.
Edelweiss Tokio Life Insurance Company Limited.
IRDAI Reg. No.: 147. CIN: U66010MH2009PLC197336. UIN: 147N072V02. | ARN: LP/3180/Feb/2023
Registered & Corporate Office: 6th Floor, Tower 3, Wing ‘B’, Kohinoor City, Kirol Road, Kurla (W), Mumbai 400070.
Toll Free No.: 1800 212 1212 | Fax No.: +91 22 6117 7833 | www.edelweisstokio.in
Flower & Edelweiss are trademarks of Edelweiss Financial Services Limited; Tokio is Trademark of Tokio Marine Holdings Inc. and used by Edelweiss Tokio Life Insurance Co. Ltd. under license.
Edelweiss Tokio Life – Premier Guaranteed Income is only the name of an Individual, Non-Linked, Non-Participating, Savings, Life Insurance Product and does not in any way indicate the quality of the plan, its future prospects, or returns. Please know the associated risks and the applicable charges from your Personal Financial Advisor or the Intermediary. Tax benefits are subject to changes in the tax laws. The tax benefits under this Policy may be available as per the prevailing Income Tax laws in India. For more details on risk factors and terms and conditions, please read the sales brochure carefully before concluding a sale.
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IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint
