Edelweiss Tokio Life Waiver of Premium Rider

In case of critical illness, accidental total and permanent disability or death, get all future premiums waived off through this optional rider.

UIN No.: 147B003V04

Rider Features

Unfortunate events can come into life without any warnings, leaving you worried about the future of you and your family. In case you are diagnosed with a critical illness, suffer from total and permanent disability due to an accident or death, this Rider comes to your aid. With this, any future premium payments that are remaining are waived off, keeping all benefits of your chosen plan intact. The critical illnesses covered in this plan are - Cancer of Specified Severity, Open Chest CABG, Myocardial Infarction (First Heart Attack of specific severity), Open Heart Replacement OR Repair of Heart Valves, Kidney Failure, Requiring Regular Dialysis, Third Degree Burns, Major Organ / Bone Marrow Transplant, Permanent Paralysis of Limbs, Stroke Resulting in Permanent Symptoms, Surgery of Aorta, Coma of Specified Severity and Blindness. 

 

This optional benefit has an entry age ranging between 18 to 65 years and a maximum maturity age of 70 years. You can get this rider for a term of 5 to 52 years and pay for it through options like Regular Pay and Limited Pay. bear in mind that the frequency of payments you choose should be the same as your selection made for the base plan. The unique feature of this rider is that there is no limit on the maximum premium to be waived off. This Rider gets activated upon first diagnosis of critical illness or due to accidental total and permanent disability during the term. Claim will be triggered only once. 

 

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