Reasons Why This Plan Should Be A Guaranteed¹ Addition To Your Life
This plan has the advantage of letting you know exactly what kind of benefits you get upon investing.
With this plan, you can avail comprehensive life cover up to 10 times of the single premium amount.
You only need to pay your premium as a one-time payment and sit back to enjoy the benefits of your plan.
The feature of this plan is that its maximum entry age is 70 years so can get protection even later in life.
Guaranteed¹ Amount on Maturity
No surprises here! With this plan, get guaranteed¹ amount on maturity. By knowing exactly how much you’re getting out of it, you can plan your future goals accordingly.
No worrying about multiple payments! To get this policy, you need to pay only once. You can choose between 5 premium bands, which are segregated according to the amount you have to pay. The premium amount starts from Rs. 40,000.
Don’t settle for an ordinary cover! This plan gives you the added advantage of an enhanced life cover. By opting for this plan, depending on your choice, you can receive up to 10 times your single premium amount as your sum assured.
Don’t let financial trouble stop you from your goals! We want you to live your zindagi unlimited, even if you need a little support to do it. That is why Edelweiss Tokio Life Single Pay Endowment Assurance Plan offers you the choice to avail a loan for urgent need of cash flow.
With this rider, you can get a lump sum amount to manage your expenses in case total or permanent accidental disability has hindered your earning capacity.
We’ve got experience in helping people make their Zindagi unlimited
We’ve got the expertise in helping you grow your wealth.
We constantly innovate our offerings to get better results for you
I always discouraged my husband from buying this term plan because I thought what could happen to a 38 year old physically fit man suddenly? After he left, I found a policy in his drawer. Receiving the full amount of the sum assured meant a secure future for my 10 and 4 year old boys. You guys have been so co-operative, and I applaud Edelweiss Tokio Life for being so supportive.
I wanted to pen this email to echo my appreciation for the quality of service I experienced from Edelweiss Tokio Insurance. I had submitted an insurance claim for the demise of my spouse and in a matter of less than 1 week, the claim was settled. The paper work was smooth and your representative came and collected the documents when it was raining heavily in Mumbai. I very much appreciate the quality of your service, my huge thanks to associates who made this possible.
Timely followup and detailed information of staff helped me in buying the term plan and criti care plus. Got the term plan very quickly and hassle free.
Edelweiss Tokio has very good plans where insured is not covered for his untimely death but his loved ones are protected with benefits even after insured is no longer alive. Further, their claim process is extremely hassle free and quick. Their personal touch in ensuring my claim is processed makes them different from other life insurance companies.
I purchased the insurance policy from edelweiss with better rates as comparable to other companies , so it makes a remarkable and optimum benchmark for all the interested policy buyers
In today’s uncertain world, it is important to save for the rainy days. You need to arrange for a stable income in your later years so that the external uncertainties don’t affect your future plans. A savings insurance plan ensures that your future income is intact, regardless of the situation.
This plan offers guaranteed amount on maturity, plus enhanced life insurance cover ranging between 1.25 times to 10 times of the single premium. You can also opt for a loan facility to meet unforeseen needs. This plan also provides the option to make your cover more comprehensive through riders.
This plan helps you enhance your wealth to meet your goals or to celebrate those special moments in life with style. With Edelweiss Tokio Life – Single Pay Endowment Assurance Plan, you can finance those big dreams such as your child’s education abroad, 25th anniversary celebration in a cruise, etc.
Yes, this plan covers death due to COVID-19.
A Single pay plan is a type of life insurance plan where you have to pay your premium only once.
The minimum premium amount is only Rs. 40,000.
The minimum entry age is 3 years and the maximum entry age is 70 years. Both ages are as per last birthday
The minimum maturity age is 18 years and the maximum maturity age is 80 years. Both ages are as per last birthday.
The minimum and maximum policy terms are 10 and 15 years respectively.
As this is a Single pay plan, you have to pay your premium only once.
The minimum sum assured on death is Rs. 50,000. The maximum sum assured does not have any defined limit; it will be subject to Board approval.
A rider is an additional benefit that you can opt for, to enhance your plan.
You can choose between Accidental Death Benefit Rider, Accidental Total and Permanent Disability Rider, Critical Illness Rider and Income Benefit Rider.
Yes, this has a maturity benefit. Based on your age, gender, policy term, death benefit option and premium, your Maturity Benefit will be calculated. Maturity Benefit is guaranteed throughout the term.
You have a period of 15 days from the date of the receipt of the policy document. Policies sold through Distance Marketing will have a free look period for 30 days.
In case of death due to suicide within 12 months from the risk commencement date or from the date of revival of the policy, your nominee or beneficiary shall be entitled to at least 90% of the total premiums, provided the policy is in force.
The grace period is not applicable, as it is a single pay plan.
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0- Provided the premium paying term is more than or equal to 10 years.
1- This is applicable only if all due premiums are paid and the policy is in-force.
2- Policy loan are subject to terms & conditions of the product. Refer product brochure for more details.
3- As per provisions of Income Tax Act, 1961. Tax benefits are subject to changes in tax laws.
9- Riders are available at extra cost.
Edelweiss Tokio Life – Single Pay Endowment Assurance Plan is only the name of the Individual, Non-Linked, Non-Par, Savings, Life Insurance Product and does not in any way indicate the quality of the plan, its future prospects, or returns. Please know the associated risks and the applicable charges from your Personal Financial Advisor or the Intermediary. Tax benefits are subject to changes in the tax laws. For more details on risk factors and terms and conditions, please read sales brochure carefully before concluding a sale.
IRDAI Reg. No.: 147. CIN: U66010MH2009PLC197336. UIN: 147N018V03.