Edelweiss Tokio Life – Wealth Ultima
A ULIP that is designed for accumulating your wealth by having an option to pay systematically through monthly or other modes, growing your wealth by capitalizing on multiple choices of STPs and/or funds and utilizing your wealth by opting for SWP. UIN: 147L037V01
SMP to accumulate & preserve your wealth
Option to pay your premiums monthly with Systematic Monthly Plan (SMP) and safeguard it from market fluctuations. Preserve your wealth with our multiple Investment Options.
Little Champ option to secure your child’s future
Opt for Little Champ Option to make sure that your child’s future needs are taken care of even in your absence. All future premiums are waived and are immediately credited to your fund value by the company. Your child continues to enjoy the policy benefits.
SWP to secure your golden years
Our Systematic Withdrawal Plan (SWP) allows you to withdraw money systematically which can work as a regular source of income during your retirement.
key benefits for this product
Choose one of the following investment options based on your profile and risk appetite:
1. Systematic Transfer Plan – STP offers two options to help manage your asset allocation as per your needs:
a. Life Stage & duration based STP
b. Profit target based STP
2. Self-Managed Strategy wherein your money will be allocated to your choice of fund(s)
This plan has 3 types of additions in the fund which enhance your fund value and reduce the total cost:
a. Loyalty Additions: Rewards you for continuously paying your premiums
b. Guaranteed Additions: Rewards you for staying invested
c. Booster Additions: Ensures effective growth of your fund value
Longer your policy term, higher will be the additions to your fund
Fund value is payable on survival of life insured till the end of policy term. Policyholder also has the option to receive the maturity proceeds in lumpsum or in instalments through Settlement Option.
For entry age of Life Insured is 1 year or more, death Benefit payable is the sum of:
1. Fund Value; or
2. Sum Assured less relevant Partial Withdrawals #; or
3. 105% of total premiums paid
1. Top-up Fund Value; or
2. Top-up Sum Assured; or
3. 105% of total Top-up Premiums paid
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 – Wealth Ultima is only the name of the unit-linked 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. The various funds offered under this plan are the names of the funds and do not in any way indicate the quality of these plans, their future prospects and returns. Please know the associated risks and the applicable charges from your Personal Financial Advisor or the Intermediary or policy document of the Insurer. The premium paid in unit linked life insurance policies are subject to investment risk associated with capital markets and the unit price of the units may go up or down based on the performance of investment fund and factors influencing the capital market and the policyholder is responsible for his/her decisions. 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: 147L037V01.
BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/ FRAUDULENT OFFERS
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– 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.