Edelweiss Tokio Life – Income Replacement
An ideal plan to ensure continuity of monthly income for the family after death of bread winner. The show has to go on irrespective of who runs it. With an Income Replacement Plan, your family need not despair after you're not around to look after them. UIN No: 147N006V02
increasing monthly benefit
Mitigates the effect of inflation by increasing the monthly benefit by 5% every year
flexibility of premium payment
Provides flexibility to pay premium for a limited period and enjoy protection for a longer period
Easy customization of riders for additional benefits
key benefits for this product
On death of the life assured during the policy term, company pays chosen monthly benefit, increasing at 5% every policy year to the nominee till the end of policy term or 5 years, whichever is later.
You can avail tax benefits under Section 80C and Section 10 (10D) of Income Tax Act, 1961.
Tax benefits are subject to change in the tax laws.