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