Edelweiss Tokio Life – Income Replacement

Income Replacement Plan - a Monthly Income Term Insurance Plan

  • 01 increasing monthly benefit
  • 02 flexibility of premium payment
  • 03 Riders

plan definition

An ideal plan to ensure continuity of monthly income for the family after death of bread winner. The show has to go on irrespective of who runs it. With an Income Replacement Plan, your family need not despair after you're not around to look after them. UIN No: 147N006V02

key features

1death benefit


On death of the life assured during the policy term, company pays chosen monthly benefit, increasing at 5% every policy year to the nominee till the end of policy term or 5 years, whichever is later. 

2tax 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.


Riders can be added at the inception of the policy or at policy anniversary during the Policy Term subject to underwriting and terms and conditions of the riders and the product. Following riders are available with this plan.

additional resources

product brochure

download pdf

sample contract

download pdf

rate table

download pdf

product disclaimer


customer testimonials

eligibility criteria

1 entry age (last birthday)

Minimum : 18 years

Maximum : 60 years

2 maturity age (last birthday)

Minimum : 28 years

Maximum : 70 years

3 premium paying term

Single, 5, 10*, 15# and regular


*for policy term 20 and above only

# for policy term 25 and above only 

4 sum assured

Chosen “Monthly Benefit ” will be paid monthly in arrear increasing at 5% every policy year to the nominee till the end of the term OR 5 years, whichever is later on death of life assured, payable when the unfortunate event of death of life assured has been confirmed.

5 premium payment frequency


6 policy term

Minimum : 10 years

Maximum : 30 years

customer testimonials

returns against payment

Income Replacement

customer testimonials

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