Edelweiss Tokio Life Income Benefit Rider

Get the power of providing financial security in the form of regular income to your family when you’re no longer around with this rider. 

UIN No.: 147B015V01

Rider Features

You are one of the pillars of support for your loved ones, but unforeseen circumstances can take you away from them. In such cases, it is important to make arrangements for your family, so their future is protected. Thus, this Rider helps provide them with a monthly income so they can manage their expenses when you’re no longer around to support them.  

 

With an entry age spanning from 18 to 65 years, this rider’s term can last anywhere between 5 to 52 years. The maturity age is between 23 to 70 years of age. The minimum premium amount for this rider is Rs. 101 and the maximum amount is based on age, gender, policy term, premium paying term and Sum Assured. Bear in mind that this amount cannot exceed beyond 30% of your base plan’s premium. You can choose different payment options like Single Pay, Regular Pay and Limited Pay to purchase this rider, but this frequency will depend on the choice you have made in your base plan. The minimum Sum Assured you will get from this optional benefit is Rs. 75,000. There is no limit on the maximum Sum Assured value.  On death of the life assured, a monthly death benefit amount equal to 1% of the sum assured would be paid for the next 150 months to his or her family.  

 

This Rider is available on purchase of Edelweiss Tokio Life - Active Income, Edelweiss Tokio Life - GCAP,  Edelweiss Tokio Life - Income Builder  and Edelweiss Tokio Life - Cash Flow Protection Plus.  

 

 

 

Riders do not in any way indicate the quality of the contract, its future prospects, or returns. Please know the associated risks and the applicable charges from your Intermediary or Financial Advisor. Tax benefits are subject to changes in the tax laws. Riders are optional and available at an extra cost.

 

Edelweiss Tokio Life – Group Critical Illness Rider is only the name of a Group, Non-Linked, Non-Par, Pure Risk Premium, Health Insurance rider. UIN 147B013V03

Edelweiss Tokio Life – Group Extended Critical Illness Rider is only the name of a Group, Non-Linked, Non-Par, Pure Risk Premium, Health Insurance Rider. UIN 147B009V03

Edelweiss Tokio Life - Accidental Total and Permanent Disability Rider is only an Individual, Non-Linked, Non-Par, Pure Risk Premium, Health Insurance rider.  UIN 147B001V03

Edelweiss Tokio Life - Accidental Death Benefit Rider is only the name of an Individual, Non-Linked, Non-Par, Pure Risk Premium, Health Insurance Rider. UIN 147B002V03

Edelweiss Tokio Life – Payor Waiver Benefit Rider is only the name of the Individual, Non-Linked, Non-Par, Pure Risk Premium, Life Insurance Rider.  UIN 147B014V04

Edelweiss Tokio Life - Hospital Cash Benefit Rider is only the name of an Individual, Non-Linked, Non-Par, Pure Risk Premium, Health Insurance Rider. UIN 147B006V03

Edelweiss Tokio Life - Critical Illness Rider is only the name of the Individual, Non-Linked, Non-Par, Pure Risk Premium, Health Insurance rider. UIN 147B005V03

Edelweiss Tokio Life - Waiver of Premium Rider is only the name of the Individual, Non-Linked, Non-Par, Pure Risk Premium, Health Insurance rider. UIN 147B003V04

Edelweiss Tokio Life – Income Benefit Rider is only the name of an Individual, Non-Linked, Non-Par, Pure Risk Premium, Life Insurance Rider. UIN 147B015V01

 


 

These products do not in any way indicate the quality of the contract, 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. 

 

Edelweiss Tokio Life – Active Income Plan is only the name of the Individual, Non-Linked, Par, Savings, Life Insurance Product..  UIN: 147N065V01

Edelweiss Tokio Life - GCAP is only the name of the Individual, Non-Linked, Non-Par, Savings, Life Insurance Product. UIN: 147N031V02

Edelweiss Tokio Life – Income Builder is only the name of the Individual, Non-Linked, Non-Par, Savings, Life Insurance Product. UIN: 147N057V02

Edelweiss Tokio Life – Cashflow Protection Plus is only the name of the Individual, Non-Linked, Par, Savings, Life Insurance Product.  UIN: 147N028V02

Edelweiss Tokio Life - Group Life Protection is only the name of a Group, Non-Linked, Non-Par, Life, Pure Risk Premium One Year Renewable Insurance Product. UIN: 147N008V05

Edelweiss Tokio Life – Zindagi Plus is only the name of a Non-Linked, Non-Participating Individual, Pure Risk Premium, Life Insurance Product. UIN: 147N056V04

Edelweiss Tokio Life - My Term Plus is only the name of the Individual, Non-Linked, Non-Par, Savings, Life Insurance Product. UIN: 147N063V01

 

ARN No : WP/1460/Feb/2021