Edelweiss Tokio Life – Group Wealth Accumulation Plan

Edelweiss Tokio Life – Group Wealth Accumulation

plan overview

This is a non-participating Unit Linked Insurance Plan Intended to provide fund management for various employee benefit Schemes including Gratuity, Leave Encashment which can invest In the funds offered by Edelweiss Tokio Life Insurance Co Ltd. In compliance with IRDA regulations at any point of time. UIN No: 147L014V02

key benefits for this product

  • benefits to the policyholder

    - Guaranteed loyalty addition to fund value starting from the first year.

    - Choice of multiple funds to support varying risk appetites.

    - Protects against the unforeseen circumstances of benefit payments under employee benefit scheme, such as Gratuity and Leave Encashment benefit payouts.

    - Facilities such as switching, premium redirection at no extra cost.

    - Premium paid by employer is deductible as business expense as per Income Tax Act 1961.

  • benefits payable to member

    Death:

    - A fixed Sum Assured of Rs. 1000/- is paid on the unfortunate demise of the Life Assured.

    - Benefits, as per scheme rules, are payable. However the company does not hold any obligation of payment to the members covered under the defined benefit schemes.

    Guaranteed Loyalty Additions:

    At the end of every policy year, loyalty units will accrue on the fund under management under each scheme. Loyalty units will be allocated to each scheme on the next working day of each policy anniversary date.

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  • 15k 50L
quote for edelweiss tokio life - wealth builder
7,00,000 sum assured
5,51,910 maturity benefit
  • 15k 50L
quote for edelweiss tokio life - Gcap
7,00,000 sum assured
5,51,910 maturity benefit
  • 5L 1Cr
  • 5yr 30yr
quote for criticare +
rs2753 annual premium
  • 25K 50L
  • 2.5L 6.25L
quote for wealth accumulation
rs14154326
maturity benefit (4%) edit
  • 25L 10Cr
quote for mylife+
rs5,403 annual premium
life cover : 1 crore
critical illness cover : 10 lacs
policy term :
premium paying term : regular

life cover

protection at affordable rates

life & basic health cover

term plan with protection aganist 7 critical illnesses

life & comprehensive health cover

recommended term plan with protection aganist 35 critical illnesses

* annual premium inclusive of taxes

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