Take a step ahead to secure your retired life



Please Enter Valid Mobile Number

Please select Gender value

Reasons Why This Is The Retirement Plan You Should Get Immediately

  • Happiness For You And Your Spouse

    This plan offers a Joint Annuity Option, so both you and your spouse can enjoy retirement benefits.

  • Something Extra Comes Your Way

    We offer extra annuity benefits when you opt for a higher premium amount.

  • 11 Options to Choose from.

    This plan offers 11 annuity options for you to choose from. Pick the one that suits your needs best.

  • Regular + Lump Sum Payout

    Option to avail annuity during your lifetime and leave lump-sum thereafter for your loved ones

Benefits of Immediate Annuity Plan

Guaranteed¹ Immediate Annuity

Secure your retirement! With Edelweiss Tokio Life Immediate Annuity, you can rest assured that your retirement will be smooth sailing as we offer guaranteed¹ and immediate annuity benefits, so you never have to compromise on your dreams.


Multiple Annuity Options

Let your choice suit your needs! We have multiple annuity options for you to choose from, which will help you decide your payout options upon both survival and unfortunate circumstances. Pick the option that suits your requirements.


Additional Benefits for Higher Premium

Extra benefits for those who aim for more! We like to reward those who go higher. That is why with this plan, you get additional benefits added to the annuity rate up to 0.10% when you opt for a higher premium amount. 

Single & Joint Life Annuity

Keep your partner in the loop! This plan gives you the option of including your spouse in it through the Joint Annuity Option. With this, your partner can also enjoy the benefits of a happy retirement.

Multiple Payout Options

Do things your way! With this plan, you have the option to choose how you want to receive your annuity payout. You can select between Yearly, Half-Yearly, Quarterly or Monthly payout options to suit your requirements.


Tax Benefits³

No more deductions! Premiums paid towards this plan are eligible for tax benefit under section 80(C)

How It Works


Start Making Decisions

  • Decide your Retirement Need
  • Choose your Premium Amount

Choose Your Terms

  • Select your Payout Frequency
  • Select your Annuity Option

Select What is Best for You

  • Choose between Single Annuity Option and Joint Annuity Option
  • Choose your Nominee

Sit Back and Relax

  • Submit the requested documents
  • Let us verify your details so you can start getting guaranteed*1 annuity!

More Products You’d Love to Explore

Need expert advice?

Reasons Why You’re Bound To Love Us Back

We’ve got experience in helping people make their Zindagi unlimited

We’ve got expertise in helping you grow your wealth

We constantly innovate our offerings to get better results for you

Here's Why Our Customers Adore Us

Look at what people had to say about our services

Our customers say
based on 565 reviews

Fire Away Queries

Like teachers say, there are no silly questions

What is an annuity plan?

An annuity plan helps you get a regular payment for life after making a lump sum investment. The life insurance company invests the money of the investor and pays back the returns generated from it.


Was this helpful?

Why do I need a retirement plan?

In today’s fast paced world, it is becoming increasingly important to plan your life well. Given our hectic work lives today, it is important that you plan for a peaceful and secure retirement in the future. Many of us also plan to retire early and fulfill our unrealized dreams post retirement. It is, thus, necessary to ensure that you have adequate financial resources to enjoy a stress-free post-retirement life. 

Was this helpful?

Why should I opt for Edelweiss Tokio Life – Immediate Annuity Plan?

Edelweiss Tokio Life – Immediate Annuity Plan enables you to plan your retirement with guaranteed annuity benefit. It offers a choice of multiple options as per your requirements. With this plan, you pay only once and avail immediate annuity benefits for lifetime.

Was this helpful?

What goals can I achieve with this plan?

As this is an annuity plan, its primary goal is to offer you plan a smooth retirement (or superannuation). You can opt for a regular annuity payout throughout your lifetime and ensure financial stability for your family if you’re not around.

Was this helpful?

Does this plan cover COVID-19 claims?

Yes, this plan covers death due to COVID-19.

Was this helpful?

What is the Maturity Benefit under this plan?

Maturity Benefit is equivalent to Annuity in this plan.

Was this helpful?

What is a Single pay plan?

A Single pay plan is a life insurance plan that requires you to pay the premium amount only once.

Was this helpful?

What is the minimum and maximum premium amount?

The minimum premium amount is Rs. 1 lakh. However, there is no defined maximum premium amount, as it will be subject to Board approved underwriting policy.

Was this helpful?

What is the minimum and maximum entry age?

 The minimum and maximum entry age of the annuitant is 18 and 85 years respectively, according to the last birthday.

Was this helpful?

How long do I need to pay my premiums and at what frequency?

As it is a Single premium paying term, you have to pay your premium only once.

Was this helpful?

How soon can the payout start?

 The Annuity payout can start immediately with Edelweiss Tokio Life – Immediate Annuity Plan.

Was this helpful?

What is the minimum and maximum sum assured?

The Annuity amount depends upon the mode of pay-out. For yearly pay-out, the sum assured is 105% of the premium, for half-yearly, it is 51%, for quarterly, it is 25% and for monthly it is 8.33%.

Was this helpful?

Does this plan have a Free Look Period?

Yes, there is a free look period of 15 days from the date of the receipt of the policy document. Policies sold through Distance Marketing will have a free look period for 30 days.

Was this helpful?

Are there any Exclusions to this plan?

In case of death due to suicide within 12 months from the risk commencement date or from the date of revival of the policy, your beneficiary shall be entitled to receive at least 80% of the Total Premiums Paid, provided the policy is in in-force.


Was this helpful?

Does this plan have a Grace Period?

Grace period of 15 days, where you pay the Premium on a monthly basis, and 30 days in all other cases, is available.


Was this helpful?

We are always there for you !

Related Articles & Resources


Additional Resources

0-Provided the premium paying term is more than or equal to 10 years.

1- This is applicable only if all due premiums are paid and the policy is in-force.

3-  As per provisions of Income Tax Act, 1961. Tax benefits are subject to changes in tax laws.

Edelweiss Tokio Life – Immediate Annuity Plan is only the name of the Individual, Non-Linked, Non-Par, Pure Risk Premium, General Annuity Product 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.

IRDAI Reg. No.: 147. CIN: U66010MH2009PLC197336. UIN: 147N019V02.

ARN No : WP/1413/Feb/2021