Edelweiss Tokio Life – Guaranteed Income Plan
income protection insurance plan with
01 guaranteed yearly pay-out
03 loan facility
A regular pay, endowment assurance plan offering guaranteed tax free income. With regular payouts, ensure a higher liquidity for a longer period of time at maturity. A super combination of protection and security. UIN No: 147N021V01
On death of life assured during the policy term, highest of 10 times of annualized premium OR 125% of annualized premiums till date of death OR lump sum amount available at maturity will be paid.
On survival of the life assured till maturity, 200% of the annual premium will be paid at the end of each year from 16th to 30th year from policy commencement. Alternatively,the policyholder has the option to take the discounted value, calculated at 9% p.a, of outstanding future survival benefits as lump sum.
You can avail tax benefits under Section 80C and Section 10 (10D) of Income Tax Act, 1961.
Premium paid for Critical Illness and Hospital Cash Benefit Riders may qualify for a deduction under Section 80D of the Income Tax Act, 1961.
Tax benefits are subject to change in the tax laws.
This Term plan offers different riders to choose for the online insurance policy to make this term plan more comprehensive.
Minimum : 3 years
Maximum : 50 years
Minimum : 18 years
Maximum : 65 years
Minimum : Rs 4,83,630
Maximum : no limit
returns against payment
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