Edelweiss Tokio Life – Wealth Enhancement (Ace)

  • 01 guaranteed loyalty additions
  • 02 partial withdrawals
  • 03 flexible fund options

plan definition

A single pay premium plan for wealth enhancement. Pay premium just once for the policy term & receive a comprehensive cover at maturity. UIN No: 147L010V02

key features

1maturity benefit

 

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

2death benefit

 

Higher of Fund Value (including top-up fund value)

OR Sum Assured (including top-up sum assured) less all partial withdrawals, subject to minimum of 105% of total premiums paid (including top up premium)

3tax benefits

 

You can avail tax benefits under Section 80C and Section 10 (10D) of Income Tax Act, 1961.

Tax benefits are subject to change in the tax laws.

additional resources

product brochure

download pdf

sample contract

download pdf

rate table

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product disclaimer

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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

for age of entry below 45 years: 10, 15, and 20 years

for age of entry 45 years and above: 10 years

4 premium paying term

single pay

5 sum assured

minimum Sum Assured* 

for age of entry below 45 years: SP x 1.25

for age of entry 45 years and above: SP x 1.10

top-ups:

for age below 45 years at the time of Top-up payment: Top-up premium × 1.25

for age 45 years and above at the time of Top-up payment: Top-up premium × 1.10

maximum Sum Assured*

SP × 10 Top-ups: Top up premium × 10 

 

 

*Single premium is abbreviated as SP

6 premium payment frequency

single

returns against payment

Wealth Enhancement Ace

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