Wealth Ultima - A ULIP Plan with Systematic Transfer and Withdrawal Option

We understand it can be difficult to select an asset class to invest in and especially difficult to know when to switch. With the STP feature we provide you the freedom to switch between asset classes. STP offers two options

1. Life stage and duration based STP
2. Profit target based STP

You can also choose the Self-Managed Strategy wherein your money will be allocated to your choice of fund(s).

With the SWP feature we allow you to systematically withdraw a sum of money from your fund value. This works out as a second source of income or you.

We all like additions that help increase our returns. Edelweiss Tokio Life – Wealth Ultima offers 3 such additions. These additions help in enhancing your fund value and thereby reducing the total cost under the plan.

1. Guaranteed Additions: Guaranteed Additions will be added to the Fund Value at the end of every Policy Year, starting from the end of sixth Policy Year till the Maturity Date of the policy. Each Guaranteed Addition will be 0.25% of average of daily Fund Value of last 12 months.
2. Loyalty Additions: Loyalty Additions will be added to the Fund Value at the end of every Policy Year, starting from the end of sixth Policy Year till the end of the Premium Paying term, provided all the Premiums which have fallen due for that Policy Year have been paid. Each Loyalty Addition will be 0.15% of average of daily Fund Value of last 12 months.

1. Booster Additions: Booster Additions will be added to the Fund Value at the end of every fifth Policy Year starting from end of 10th Policy Year till the Maturity Date of the Policy

In case of unfortunate demise of the Policyholder, the policy shall continue and the child receives the Policy benefits as planned.

We all strive to save as much tax as we can. With Edelweiss Tokio Life - Wealth Ultima your premiums are exempt from tax under section 80(C) upto Rs.1,50,000. Even the maturity amount is exempt from tax under section 10(10D). Tax benefits are subject to changes in the tax laws.