Edelweiss Tokio Life – Single Pay Endowment Assurance Plan
An endowment insurance policy for wealth enhancement
01 guaranteed benefit
02 one time premium payment
03 2 death benefit options
A single pay premium plan for wealth enhancement. Pay premium just once for the policy term & receive a comprehensive cover at maturity. UIN No: 147N018V03
On death of the life assured during the policy term, depending on the option chosen, a multiple of the single premium amount is paid as the Sum Assured
On survival of the life assured till maturity, guaranteed maturity benefit becomes payable which depends on the premium band, entry age, policy term chose, death benefit option chosen and gender
You can avail tax benefits under Section 80C and Section 10 (10D) of Income Tax Act, 1961.
Premium paid for Critical Illness Rider 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 plan provides an option to get cover till 70 years of age
This Term plan offers different riders to choose for the online insurance policy to make this term plan more comprehensive.
minimum entry age with policy term 10 years: 8 years
minimum entry age with policy term 15 years: 3 years
maximum entry age with policy term 10 years and death benefit Option A: 40 years
maximum entry age with policy term 10 years and death benefit Option B: 70 years
maximum entry age with policy term 15 years and death benefit Option A: 35 years
maximum entry age with policy term 15 years and death benefit Option B: 65 years
minimum maturity age: 18 years
minimum maturity age with death benefit Option A: 50 years
minimum maturity age with death benefit Option B: 80 years
minimum with Option A: 4,00,000
minimum with Option B: 50,000
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