Edelweiss Tokio Life – Easy Pension
Edelweiss Tokio Life – Easy Pension is a unit-linked, retirement solution, suited to meet your needs to plan for a financially stable and happy retirement life. UIN No: 147L034V01
premiums paying options
choose your risk strategy
Choice of terms
key benefits for this product
On death of life insured*
Death benefit during and after PPT:
Higher of :
1) Fund value
2) Assured benefit
3) 105% of total premiums paid till date of death
where Assured Benefit is 101% of total premiums paid till death
*On death of the Life Insured, the nominee shall be entitled to one of the following options:
a) Option to utilize the entire proceeds of the policy or part thereof for purchasing an annuity at the then prevailing rate from the same insurer,or
b) Option to withdraw entire proceeds of the policy
1) Fund value at maturity
2) Assured benefit
where Assured Benefit is 101% of total premiums paid till maturity
#On attaining the chosen vesting age , you will have the following options:
a) Option to commute to the extent allowed under Income Tax Act and to utilize the balance amount to purchase immediate annuity with the same insurer, which will be guaranteed for life, at the then prevailing annuity rate, or
b) Option to utilize the entire proceeds to purchase a single premium deferred pension product with the same insurer, or
c) Option to extend the deferrment period /accumulation period within the same policy with the same terms and conditions as the original policy, provided the Life Assured is below the age of 55 years.
IN UNIT LINKED INSURANCE PLAN (ULIP), INVESTMENT RISK IN THE INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER. ULIPs are different from the traditional insurance products and are subject to the risk factors. Edelweiss Tokio Life – Easy Pension is only the name of the unit-linked non-participating pension plan 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. For more details on risk factors and terms and conditions, please read sales brochure carefully before concluding a sale.
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.
IRDAI Reg. No.: 147. CIN: U66010MH2009PLC197336. UIN: 147L034V01.
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