Edelweiss Tokio Life – EduSave
An endowment plan designed to cater to the need of education and marriage funding. Parents have dreams for their children's education & marriage. Turn those dreams into actionable goals and then implementable plans with Edusave. UIN No: 147N022V01
Provides 5 maturity pay-out options to suit the individual requirements
Loan facility to meet any urgent / unforeseen liquidity requirements
Option of yearly payout
key benefits for this product
On survival of life assured till maturity:
1) Guaranteed Sum Assured in pre-defined instalments
2) Accrued Bonuses.
the above will be in line with the pay-out option selected
On death of Life assured during the policy term:
1) Sum Assured is paid immediately
2) All future premiums are waived off
3) Reversionary Bonus continues to accrue till maturity
4) All maturity benefits are paid
You can avail tax benefits under Section 80C and Section 10 (10D) of Income Tax Act, 1961.
Premium paid for Critical Illness Rider and Hospital Cash Benefit Rider, if opted, may qualify for a deduction under Section 80D of the Income Tax Act, 1961.
Tax benefits are subject to change in the tax laws.
Edelweiss Tokio Life – EduSave is only the name of the participating endowment life insurance 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: 147N022V01.
BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/ FRAUDULENT OFFERS
IRDAI clarifies to public that
– IRDAI or its officials do not involve in activities like sale of any kind of insurance or
financial products nor invest premiums.
– IRDAI does not announce any bonus.
– Public receiving such phone calls are requested to lodge a police complaint along with
details of phone call, number.