This plan looks out for your wealth accumulation needs and also provides you with protection to make sure your future is secure.
Every 5 years Loyalty Sum Assured is added to make sure you won’t have to buy a new plan when your financial responsibilities change.
Guaranteed¹ Additions and Reversionary Bonus(if declared)*² are 2 benefits that are added to your plan from the end of the 1st policy year.
Get a discount*⁴ up to 3% when you opt for a higher premium amount.
Single plan, double benefit! This plan provides you with ways to accumulate your wealth as well as protection. You might won’t have to buy a new plan every time your financial responsibility changes.
Always look out for your family! By opting for this benefit, in case you are no longer around, we will provide your family with financial assistance in the form of a lump sum amount. They do not have to worry about paying any future premiums and the plan continues as is.
We like to see you grow! Loyalty Sum Assured is added every 5 years that will automatically take care of your changing financial responsibilities. With this, you can make sure your dreams are protected from the adverse effects of inflation.
A little addition goes a long way! Guaranteed¹ Additions are added to your policy from the end of the first policy year. These additions are equal to 2% of your Sum Assured value on maturity plus Loyalty Sum Assured accrued.
Reversionary Bonus*² (if declared)
Let's grow together! Reversionary Bonus(if declared)*² may accrue every year from first policy year, at the discretion of the Company and based on the performance of the participating fund.
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 Smart Lifestyle offers you the choice to avail a loan² for urgent need of cash flow.
No more deductions! The premiums you pay are eligible for deductions under section 80(C) and the returns you get from it are exempt from taxes under section 10(10D)
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.
With this rider, if the proposer of the policy suffers from an unfortunate event like death, disability or critical illness, all future premiums are waived off and the policy continues for the life insured.
We’ve got experience in helping people make their Zindagi unlimited
We’ve got expertise in helping you grow your wealth
We constantly innovate our offerings to get better results for you
Thanks, all queries resolved in one call to satisfaction. I am rating the services as 10.
Very helpful during call thanks to Ms Ayesha A customer care executive
He was very much clear about the issue and the importance of it.. Thanks rohit
Your customer support is doing excellent job.keep up the good work.
The Customer Care Executive - Ms Afreen Sheikh was very prompt in resolving my query!!
In today’s uncertain world, it is important to save for the rainy days. You need to arrange for stable funds to fulfill your ambitions and to support you in your later years. A savings insurance plan ensures that your family’s financial future is secured, even in uncertain times.
This plan offers wealth accumulation & is designed to cater to multiple needs. The life insurance cover in this plan takes care of financial security of your family in case of an unfortunate event. This plan rewards you in the form of increasing Loyalty Sum Assured and potential to earn increasing additions and bonus as the plan progresses. You won’t have to buy a new plan every time your financial responsibility changes.
Whether it is taking care of your family’s financial future, saving for retirement, child’s education or marriage, or any other important milestone, Edelweiss Tokio Life – Smart Lifestyle is designed to take care of all your financial goals.
Yes, this plan covers death due to COVID-19.
There are two plan option to choose from - Base option and Family Protection option.
The Base option helps you to accumulate wealth for fulfilling your financial responsibilities. It also provides life insurance cover to take care of loved ones in case of any unfortunate event.
The Family Protection option ensures that in case of your unfortunate demise, your family does not have to compromise on their financial goals. They will receive the full benefits under the policy and are also saved from the worries of paying future premiums. A lumpsum amount is also paid on death of the Life Insured to take care of any immediate needs.
As your plan progresses, Loyalty Sum Assured accrues at the end of every 5 years. This benefits you in the following ways: • Increasing Loyalty Sum Assured will automatically take care of your changing financial responsibilities, saving you from the hassles of buying a new plan every time a new life event happens. • Protect your financial goals from the adverse impact of inflation.
At the discretion of the Company and based on the performance of the participating fund, Simple Reversionary Bonus (if declared), if any may accrue every year from first policy year. The Simple Reversionary Bonus (if declared), if any is a percentage of (Sum Assured on Maturity plus Loyalty Sum Assured accrued till the beginning of the applicable policy year).
At the discretion of the Company and based on the performance of the participating fund, Terminal Bonus may be declared and will be payable on death or maturity. Terminal Bonus is a percentage of (Sum Assured on Maturity plus Loyalty Sum Assured accrued till the beginning of the applicable policy year). For Family Protection Option, terminal bonus, if any, will be payable only on maturity.
The minimum entry for Base option is 1 year and the maximum maturity age is 50 years. The minimum entry age for Family Protection option is 18 years and the maximum entry age is 40 years.
The minimum maturity age for Base option is 18 years and the maximum maturity age is 70 years. The minimum maturity age for Family Protection option is 28 years and the maximum maturity age is 60 years.
The minimum policy term is 10 years and the maximum policy term is 20 years.
You can pay your premiums for 5, 7, 10 or 12 years. You can choose the payment frequency as either annual, semi-annual, quarterly or monthly.
The minimum sum assured is ₹1 lakh. There is no limit to the maximum sum assured, subject to underwriting.
A rider is an additional benefit that you can opt for, to enhance your plan.
The following riders are available with Edelweiss Tokio Life Smart Lifestyle: • Edelweiss Tokio Life - Accidental Death Benefit Rider • Edelweiss Tokio Life - Accidental Total and Permanent Disability Rider • Edelweiss Tokio Life - Critical Illness Rider • Edelweiss Tokio Life - Waiver of Premium Rider • Edelweiss Tokio Life - Payor Waiver Benefit Rider • Edelweiss Tokio Life - Income Benefit Rider
Yes, you can get a policy loan once policy acquires surrender value.
Yes, this plan does have a maturity benefit. On maturity date, while the policy is in-force, the sum of the following shall be payable: a. Sum Assured on Maturity b. Loyalty Sum Assured on Maturity c. Accrued Guaranteed Addition d. Accrued Reversionary Bonus, if any e. Terminal Bonus, if any
Yes, there is a free look 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 beneficiary shall be entitled to receive at least 80% of the Total Premiums Paid, provided the policy is in in-force.
Grace period of 15 days, where you pay the Premium on a monthly basis, and 30 days in all other cases, is available.
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Arey 2020, Tujhe Salaam!
Protect & Enable Your Zindagi
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 inforce.
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.
*2- At the discretion of the Company and based on the performance of the participating fund, Simple Reversionary Bonus, if any may accrue every year from first policy year.
*4- subject to terms & conditions. Refer product brochure for more details
Edelweiss Tokio Life – Smart Lifestyle is only the name of the Individual, Non-Linked, 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, terms and conditions please read sales brochure carefully before concluding a sale.
IRDAI Reg. No.: 147. UIN: 147N040V02. CIN: U66010MH2009PLC197336.