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

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A New Age ULIP Designed For Accumulating Your Wealth

Edelweiss Tokio Life – Wealth Ultima, A ULIP that comes with a unique combination of systematic monthly plan (SMP), to help with your wealth accumulation and safeguard you from market volatility. Systematic transfer plan (STP), to help you with wealth preservation and transfer money from one asset class to another in a timely manner. And systematic withdrawal plan to help with proper wealth utilization and help work as a second income. All this plus 3 different types of additions to the policy make Wealth Ultima the ideal choice among ULIPs.
UIN: 147L037V01

<p><strong>A new age ULIP designed for accumulating your wealth</strong></p><p>A ULIP that is designed for accumulating your wealth by having an option to pay systematically through monthly or other modes, growing your wealth by capitalizing on multiple choices of STPs and/or funds and utilizing your wealth by opting for SWP. UIN: 147L037V01</p><p><strong>Let's look at the case of Fatima.</strong></p>

    Fatima is a compulsive shopaholic. Shoes and handbags are her real weaknesses and she is constantly chastised by her mother for the same. Six months into her new job, she has realized that she needs to save at least some of her salary. But isn't convinced any product is better than those red Steve Maddens she has had an eye on. Her colleague Riya, has just invested in a ULIP called Edelweiss Tokio Life – Wealth Ultima..

    The whole concept of a ULIP seems interesting to her. The plan doesn't only have reliable fund performance ,but on suitable long term investments, she’d be eligible for not just one, but three extra additions: loyalty additions, guaranteed additions and booster additions.That just means better ability to buy expensive shoes and bags in the future.

    The flexibility in withdrawal of funds after the first 5 year lock-in was something that didn't lock her funds up for too long. At the same time the returns were really good and was something definitely she wanted to add to her cart. Edelweiss Tokio Life- Wealth Ultima was just the plan for her.

Check out our features

Benefits so good, they have to be true!

Systematic Monthly Plan

Systematic Monthly Plan

With the SMP feature we provide you the option to pay your premium at monthly intervals. This was you do not have to worry about paying a large amount in one go annually. Spread out your premiums and safeguard yourself from market volatility.

Systematic Monthly Plan

Safeguards yourself from erratic market movements

Systematic Monthly Plan

Systematic Monthly Plan

With the SMP feature we provide you the option to pay your premium at monthly intervals. This was you do not have to worry about paying a large amount in one go annually. Spread out your premiums and safeguard yourself from market volatility.

Systematic Transfer Plan

Transfer money from one asset class to another

Systematic Transfer Plan

Systematic Transfer Plan

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).

Systematic Withdrawal Plan

Works as a second income

Systematic Withdrawal Plan

Systematic Withdrawal Plan

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.

Additions to the Policy

With our 3 different types of additions you can substantially increase your returns

Additions to the Policy

Additions to the Policy

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

Little Champ Benefit

Provide for your child even when you are not around

Little Champ Benefit

Little Champ Benefit

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

Tax Benefits

Get tax exemptions on your premiums and maturity amount

Tax Benefits

Tax Benefits

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.

Check if you are eligible for this product

Here are the rules! Ask us if you have any doubts.

What is the premium paying term?
The premium paying term...

Life Cover:

Single Pay

Limited Pay: 5,10,15,20,25 years

Regular Pay

Life and Basic Health Cover & Life and Comprehensive Cover:

Regular Pay

What is the premium payment frequency?
The premium payment frequency...

Single Pay : Single

Other Pay : Only annual premium payment mode is available under this product.

What is the Minimum annual premium?
The Minimum annual premium is...

Minimum Annual Premium : Rs. 3,000

What is the Minimum Sum Assured?
The Minimum Sum Assured...

Minimum Sum Assured :  Base Sum Assured: Rs 25,00,000

Critical Illness Sum Assured: Rs 500,000

What is the maximum maturity age?
The maximum maturity age...

Life Cover:: 80 years

Life and Basic Health & Life and Comprehensive Health: 75 years

What is the policy Term?
The policy Term
What is the minimum and maximum entry age?
The minimum and maximum entry age...
  With Little Champ BenefitWithout Little Champ Benefit
Minimum Entry Age

PPTsLife InsuredPolicyholderLife Insured
All PPTs0 Years18 Years0 Years
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Additional resources

Product brochure view & download pdf
Sample contract view & download pdf
Product disclaimer read more

mortality charges view & download pdf