Edelweiss Tokio Life – Wealth Accumulation (Privilege)

Wealth Accumulation (Privilege)

  • 01 facility of switch
  • 02 partial withdrawal
  • 03 pay premiums for limited period

plan definition

An investment-cum-risk protection ULIP with tailor made solutions to match your wealth accumulation needs along with the facility to switch your accumulated investment from one fund to another at the opportune time. See your money work for you. An excellent tool to generate funds to meet all future goals like owning a house, luxury vacations etc. UIN No: 147L011V02 UIN No: 147L011V02

key features

1maturity benefit

 

Fund value is payable on survival of life assured till the end of policy term.

2death benefit

 

On death of life assured during policy term:

Higher of below 3 is paid:

1) Sum Assured(including top up sum assured)less partial withdrawals

2) Fund value(including top up fund value)as on date of claim intimation

3) 105% of total premiums paid(including top up premiums) till the time of death

additional resources

product brochure

download pdf

sample contract

download pdf

rate table

download pdf

product disclaimer

read

eligibility criteria

1 entry age (last birthday)

Minimum : 5 years

Maximum : 65 years

2 maturity age (last birthday)

minimum : 18 years

maximum : 75 years

3 policy term

10,15,20,25, and 30 years 

4 premium paying term

regular premium: Same as Policy Term

limited premium: 5/ 7/ 10 years 

5 sum assured

minimum : 

for entry age below 45 years - AP × Higher of (10, 0.5 × PT)

for entry age of 45 years and above - AP × Higher of (7, 0.25 × PT)

top-up: for age of entry

below 45 years: top-up premium × 1.25

for age of entry 45 years and above: top-up premium × 1.10 

maximum:

regular and limited pay: for entry age below 45 years - AP × 25

for entry age 45 years and above - AP × 20

top-up: top-up premium × 10

6 premium payment frequency

monthly, quarterly, semi-annually or annually

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