Saral Pension
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Our Products
- Capital Secure+ – A combination of market-linked and guaranteed returns
- Edelweiss Tokio Life –Wealth Rise+ – A double-advantage ULIP
- Edelweiss Tokio Life – Premier Guaranteed Income – A guaranteed income plan
- Edelweiss Tokio Life –Wealth Secure + - A new generation ULIP
- Edelweiss Tokio Life- Zindagi Protect - A Comprehensive Term Plan
- All Products
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A Non-Linked Non-Participating Individual Immediate Annuity Plan
provides you with guaranteed¹ income in your golden years to indulge
in life's necessities without any compromises. As we understand, it is
during this period after that money should not be a concern for you to
decide how you would spend your retirement years.
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Saral Pension Brochure

A Multiple of single/annualized premium as life cover at all time during policy tenure
Saral Pension Reasons why getting this plan
Reasons why getting this plan is a simple way to get secured!
Offers Return of Purchase Price for Single Life
Offers Return of Purchase Price for Joint Life
Allows Surender of Policy on Diagnosis of Critical illness
Provision for loan² on policy
Benefits of Saral Pension Plan Scroll
Benefits of Saral Pension Plan
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Get Guaranteed¹ regular annuity income for life.
Under any annuity option, annuity is guaranteed¹ throughout the life on the annuitant
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Life Annuity with Return of Purchase price (ROP)
Under this option, Annuity is paid for life of the annuitant. In addition, Purchase Price will be returned to the nominee / legal heirs on death of the annuitant.
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Joint Life Last Survivor Annuity with Return of Purchase Price (ROP) on death of the last survivor
Under this option, Annuity is first paid to the annuitant for life. After death of the annuitant, if the spouse is surviving, the spouse continues to receive same amount of annuity for life till his/her death. Subsequently, on death of the spouse, Purchase Price shall be payable to nominee / legal heirs. However, if the spouse has pre-deceased the annuitant, then on the death of the annuitant, the Purchase price shall be payable to the nominee / legal heirs
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Flexibility to receive annuity in monthly, quarterly, half yearly and yearly mode.
Policyholder can choose Annuity Mode as per his/her requirement. Annuity mode can be changed anytime, however, the same shall be effective from the next policy anniversary onwards.
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Provision for Loan² on Policy
Loan can be availed any time after six months from the date of commencement of the policy. Maximum amount of loan that can be granted under the policy shall be such that the effective annual interest amount payable on loan does not exceed 50% of the annual annuity amount payable under the policy. The interest on loan will be calculated on annual compounding basis.





Get Guaranteed¹ regular annuity income for life.
Under any annuity option, annuity is guaranteed¹ throughout the life on the annuitant

Life Annuity with Return of Purchase price (ROP)
Under this option, Annuity is paid for life of the annuitant. In addition, Purchase Price will be returned to the nominee / legal heirs on death of the annuitant.

Joint Life Last Survivor Annuity with Return of Purchase Price (ROP) on death of the last survivor
Under this option, Annuity is first paid to the annuitant for life. After death of the annuitant, if the spouse is surviving, the spouse continues to receive same amount of annuity for life till his/her death. Subsequently, on death of the spouse, Purchase Price shall be payable to nominee / legal heirs. However, if the spouse has pre-deceased the annuitant, then on the death of the annuitant, the Purchase price shall be payable to the nominee / legal heirs

Flexibility to receive annuity in monthly, quarterly, half yearly and yearly mode.
Policyholder can choose Annuity Mode as per his/her requirement. Annuity mode can be changed anytime, however, the same shall be effective from the next policy anniversary onwards.

Provision for Loan² on Policy
Loan can be availed any time after six months from the date of commencement of the policy. Maximum amount of loan that can be granted under the policy shall be such that the effective annual interest amount payable on loan does not exceed 50% of the annual annuity amount payable under the policy. The interest on loan will be calculated on annual compounding basis.

Saral Pension Protect yourself in 3 easy steps!
Protect yourself in 3 easy steps!
Start Making Decisions!
- Choose the purchase price (Single Premium) that you wish to pay to buy the annuity
- or choose the annuity instalment you wish to receive.
Choose your Options
- Choose Annuity Option
- Choose Single Life or Joint Life option
Select what is best for you
- Choose your annuity instalment frequency – Annual, Semi-Annual, Quarterly or Monthly.
Sit Back and Relax!
- Receive the annuity instalments, as per the frequency chosen by you.
Need expert advice

Need expert advice?
Reasons Why You’re Bound To Love Us Back
Reasons Why You’re Bound To Love Us Back

We want to enable our customers to achieve their financial goals and be financially secured.

We have the expertise in making you grow your wealth.

We constantly innovate our offerings to get better results to secure your future.
Reasons Why You’re Bound To Love Us Back

We want to enable our customers to achieve their financial goals and be financially secured.

We have the expertise in making you grow your wealth.

We constantly innovate our offerings to get better results to secure your future.
Fire Away Queries Saral Pension
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.
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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.
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Why should I opt for Edelweiss Tokio Life – Saral Pension Plan?
Edelweiss Tokio Life – Saral Pension Plan enables you to plan your retirement with guaranteed¹ annuity benefit. It offers a choice of two options as per your requirements. With this plan, you pay only once and avail annuity benefits for lifetime.
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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.
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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.
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What is the minimum and maximum Purchase Price?
The minimum Purchase Price should be such that minimum annuity amount is at least Rupees 1,000 per month. The maximum purchase price will be subject to board approved underwriting policy.
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What is the minimum and maximum entry age?
Minimum entry age is 40 years and Maximum entry age is 80 years.
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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
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How soon can the payout start?
The Annuity payout starts immediately depending on annuity mode chosen by the annuitant as mentioned below.
For Yearly Mode |
After 1 year from the policy commencement date |
For Half-yearly Mode |
After 6 months from the policy commencement date |
For Quarterly Mode |
After 3 months from the policy commencement date |
For Monthly Mode |
After 1 month from the policy commencement date |
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What is the minimum and maximum annuity Instalment?
Minimum
Rs. 1,000 per month for Monthly Annuity Mode
Rs. 3,000 per quarter for Quarterly Annuity Mode
Rs. 6,000 per half-year for Half-yearly Annuity Mode
Rs. 12,000 per annum for Yearly Annuity Mode.
Maximum
No Limit, subject to board approved underwriting policy
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Can one Surrender the policy?
The policy can be surrendered any time after six months from the date of commencement, if the annuitant or the spouse or any of the children of the annuitant is diagnosed as suffering from any of the listed critical illnesses, based on the documents produced to the satisfaction of the medical examiner of the Insurer. On payment of surrender value, the policy stands terminated.
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What is the Tax Benefits³ available under this Plan?
You may be eligible for tax benefits as per applicable tax laws. Tax benefits are subject to change in the tax laws.
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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 Electronic Mode and Distance Mode will have a free look period for 30 days.
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Are there any Exclusions to this plan?
No there are no exclusions applicable to this plan.
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Any queries
We are always there for you !
For queries, write to onlinesupport@edelweisstokio.in
1- The word “Guaranteed” and “Guarantee” mean that annuity payout is fixed at the inception of the policy
2- Policy loan are subject to terms & conditions of the product. Refer product brochure for more details.
3- As per provisions of Income Tax Act, 1961. Tax benefits are subject to changes in tax laws.
Edelweiss Tokio Life - Saral Pension is only the name of a Non-Linked Non-Participating Individual Immediate Annuity 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. Tax benefits are subject to changes in the tax laws.
UIN: 147N070V02
ARN No : WP/1623/May/2021