You would want to reap the rewards of your hard work by enjoying a good lifestyle or planning for the big moments in your life. For this, you need a plan that lets you save for the long run. Edelweiss Tokio Life Wealth Secure+ is savings plan that comes with a life cover to protect you and your family from all future uncertainties and fulfill all your aspirations. 

This plan can help you save for all kinds of goals – big or small. You may want to save for an international holiday, for an early retirement which can be enjoyed in style or for an international education course for your child.

The minimum maturity age is 18 years and the maximum maturity age is 70 years.

Under the limited premium paying term option, the minimum premium payment term is 5 years and the maximum term is the equivalent of your policy term-1year.

Under the regular pay option, the premium paying term is the same as the policy term.

The minimum policy term is 10 years and the maximum policy term is 20 years.

The top up premium sum assured is equal to 1.25*top up premium.

The minimum and maximum sum assured is higher of (either 10 or Policy term/2 - whichever is more) x Annualized premium. For example, if your Policy term is 15 years and your annualized premium is 50,000, the sum assured is 10* x 50,000 = 5,00,000.

*Since 10 > Policy term/2 (7.5) 

Yes, death due to COVID-19 is covered in this plan.

Loyalty additions are one of the benefits we provide, where we periodically add to your fund to help you maximize your savings. This benefit is applicable on policy terms greater than or equal to 10 years. This means that from the end of your 10^th policy year, loyalty additions will be added to your fund value, every year till the end of your policy term.

Like loyalty additions, booster additions are also fund additions that help you maximize your savings. They are added at the end of your 15^th policy year and 20^th policy year.

Yes, the mortality charges will be returned to you on the maturity date.

At the end of your policy term, on survival you will receive the fund value as your maturity benefit. you have an option to collect your maturity benefit in a lump sum or in the form of instalments. 

In this investment type, we periodically adjust your investment fund as per your risk appetite. That is, it gets moved automatically from riskier fund to safer fund, as your age increases, and remaining policy term reduces.

This is one of the options we offer to make your investments. Under this strategy, you can decide to put your money in your choice of fund(s) in any proportion. You can switch your money unlimited times amongst these funds using the switch option.

You have an option to change (increase or decrease) your premium paying term based on these factors:

a. The premium paying terms allowed under the plan;

b. All other conditions in the plan being met;

c. All your previous premiums are paid up to date.

Under the self-managed strategy, you can move money between the funds any number of times depending on your financial priorities and investment outlook. This facility is called switching and is available free of cost.

You can choose to allocate any future premiums including Top-up Premiums in

fund(s) different from that/those selected at policy inception or previous premium redirection request. This facility is called premium redirection and is available free of cost.

You may withdraw a part of your Fund Value as per your liquidity requirements at any time after the completion of the fifth Policy Anniversary, subject to following conditions:
— The Life Insured has attained the age of 18 years.
— Partial Withdrawals will be first adjusted from the Top-Up Fund Value (which excludes the Top-Up Premium locked in for 5 years), if available and then from the Policy Fund Value. There is a lock-in period of five years for each top up premium from the date of payment of that top up premium for the purpose of partial withdrawals.
— Minimum amount that can be withdrawn is Rs. 500 per withdrawal.
— You can make unlimited number of partial withdrawals as long as the resultant Fund Value after payment of such partial withdrawal is greater than or equal to 105% of total premiums paid (Including Top-up Premiums).
— The partial withdrawals will not be allowed which would result in termination of a contract.
— The partial withdrawals are free of cost.

In case of your death due to suicide within 12 months from the Policy Commencement Date or from the date of Revival of the Policy, your beneficiary shall be entitled to the Fund Value.

The policyholder has 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.

Grace Period of 30 days is available for Annual, Semi-Annual and Quarterly premium payment modes and 15 days for Monthly premium payment mode.