Income Builder

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A life insurance plan that gives you Guaranteed Income

Edelweiss Tokio Life - Income Builder is an endowment life insurance plan that helps you build financial reserves.

Edelweiss Tokio Life - Income Builder is an endowment life insurance plan that helps you build financial reserves. It gives the policyholder a regular income that is guaranteed as well as tax-free! It helps you in planning your dreams, your family;s future and also for the uncertainties of life. Additionally this plan has an option that will ensure that the family continues to receive a steady stream of income in case of an unfortunate demise of the Life Insured or in case of suffering from any covered critical illness.

UIN: 147N057V01


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Benefits so good, they have to be true!

Maturity Benefit Options

Maturity Benefit Options

Regular Income:

A regular income instalment will be paid at regular intervals during the payout period

Regular Income plus Lump sum:

In addition to the regular income instalment, a lumpsum will be paid with the last regular income instalment.

Maturity Benefit Options

Option to choose from 2 Maturity Benefit Options

Maturity Benefit Options

Maturity Benefit Options

Regular Income:

A regular income instalment will be paid at regular intervals during the payout period

Regular Income plus Lump sum:

In addition to the regular income instalment, a lumpsum will be paid with the last regular income instalment.

Two Plan Options

Option to choose from 2 Plan Options

Two Plan Options

Two Plan Options

Base:

The maturity benefit is paid at the end of the policy period. It also provides life insurance cover to take care of loved ones in case of an unfortunate demise of the Life Insured. The payout is guaranteed and tax-free.

Secured Income:

This option ensures that in case of an unfortunate event of death or diagnosis of covered Critical Illness with the policy term, the family won;t have to bear the added financial burden. They won;t have to compromise their future plans. They;ll receive the regular payouts as and when due. Additionally, they won;t have to pay any premiums for the remaining policy term.;

In addition, Critical Illness Sum Assured will be payable on diagnosis of covered critical illness and Sum Assured on Death will be payable in case of death of the life insured with the policy term.

Secured Income plan option can be chosen only with Regular Premium Payment Option.

Payor Waiver and Waiver of Premium are not allowed in Secured Income Option

Frequency Options

Policyholder has the flexibility to receive regular income instalment in the frequency he/she chooses at policy inception.

Frequency Options

Frequency Options

Policyholder has the flexibility to receive regular income instalment in the frequency he/she chooses at policy inception. Payout frequency allowed are annual, semi-annual, quarterly and monthly.

Option to Advance the Payout Date

Freedom to choose any date on which the policyholder will receive the regular income installments

Option to Advance the Payout Date

Option to Advance the Payout Date

Freedom to choose any date on which the policyholder will receive the regular income installments. He/she also has an option to advance the Fist Payout Date by a maximum of 30 days.

Check if you are eligible for this product

Here are the rules! Ask us if any doubts.

What is the premium payment frequency?
The premium paying frequency is....
Annually, Semi-Annually, Quarterly, Monthly
What is the Premium Payment Option?
The premium payment...
Base Option:
Single Premium / Regular Premium

Secured Income Option:
Regular Premium
Minimum Premium
Single Premium:
Rs. 1,00,000

Regular Premium:
Rs. 30,000
What is the Maximum Sum Assured On Death?
The Maximum Sum Assured...
No limit, subject to board approved underwriting policy
What is the Minimum Sum Assured On Death ?
The Minimum Sum Assured...
Single Premium:
Rs. 1,10,000

Regular Premium:
Rs. 3,00,000
What is the Maximum Entry Age? (As on last birthday)
The Maximum Entry...
Base Option:
55 years

Secured Income Option:
50 years
What is the Minimum Maturity Age? (As on last birthday)
The Minimum Maturity Age...
Base Option:
18 years

Secured Income Option:
24 years
What is the Maximum Maturity Age? (As on last birthday)
The Maximum Maturity Age...
Base Option:
67 years

Secured Income Option:
62 years
Maximum Premium
No limit, subject to board approved underwriting policy
What is the Policy Term?
The policy term...
Base Option:
Single Premium - 6 / 8 / 10 / 12 years
Regular Premium - 7 / 10 / 12 years

Secured Income Option:
7 / 10 / 12 years
What is the Minimum Entry Age? (As on last birthday)
The Minimum Entry Age...
Base Option:
For policy term 6 years - 12 years
For policy term 7 years - 11 years
For policy term 8 years - 10 years
For policy term 10 years - 8 years
For policy term 12 years - 6 years

Secured Income Option:
18 years
What is the Payout Period?
The Payout Period...
Single Premium:
For policy term 6 years - 6 years;
For policy term 8 years - 8 years
For policy term 10 years - 10 years;
For policy term 12 years - 12 years;
;
Regular Premium:
For policy term 7 years - 7 / 13 / 18 / 23 years
For policy term 10 years - 10 / 15 / 20 years
For policy terrm 12 years -; 12 / 18 years
What is the Premium Paying Term?
The Premium Paying Term...
Single Premium:
1 year

Regular Premium:
Equal to policy term
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Additional resources

Product brochure view & download pdf
Sample contract view & download pdf
Product disclaimer read more