Edelweiss Tokio Life – Single Pay Endowment Assurance Plan
A single pay premium plan for wealth enhancement. Pay premium just once for the policy term & receive a comprehensive cover at maturity. UIN No: 147N018V02
Provides comprehensive cover of 10 times of single premium
Offers loan facility to meet unforeseen needs
Flexible solution for emergencies
key benefits for this product
On death of the life assured during the policy term, ten times of the single premium amount is paid as the Sum Assured
On survival of the life assured till maturity, guaranteed maturity benefit becomes payable which depends on the premium band, entry age, and gender of the life assured
You can avail tax benefits under Section 80C and Section 10 (10D) of Income Tax Act, 1961.
Premium paid for Critical Illness Rider may qualify for a deduction under Section 80D of the Income Tax Act, 1961.
Tax benefits are subject to change in the tax laws.