Wealth Gain Customize
Wealth Gain+
Equity Large Cap Fund
Why Edelweiss Tokio Life Wealth Gain+ is a good plan for your insurance investment needs.
How are you making the right decision by investing in Wealth Plus
Reasons Why You’re Bound to Love Us Back
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
Reasons Why You’re Bound to Love Us Back
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
Fire Away Queries
Like teachers say, there are no silly questions
What is a savings / wealth accumulation plan?
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 and your family’s future is secured, even in uncertain times.
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What should I opt for Edelweiss Tokio Life Wealth Gain+?
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.
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What goals can I fulfil with this plan?
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.
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What is the minimum and maximum maturity age?
The minimum maturity age is 18 years and the maximum maturity age is 70 years.
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What are the premium paying term options available?
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.
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What is the minimum and maximum policy term?
The minimum policy term is 10 years and the maximum policy term is 20 years.
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What are the returns on Top up Premiums?
The top up premium sum assured is equal to 1.25*top up premium.
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What is the minimum and maximum sum assured?
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)
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Is death due to COVID-19 covered in this plan?
Yes, death due to COVID-19 is covered in this plan.
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What are Loyalty additions?
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 10th policy year, loyalty additions will be added to your fund value, every year till the end of your policy term.
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What are Booster additions?
Like loyalty additions, booster additions are also fund additions that help you maximize your savings. They are added at the end of your 15th policy year and 20th policy year.
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Will my Mortality charges be returned to me?
Yes, the mortality charges will be returned to you on the maturity date.
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What is the maturity benefit of this plan?
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.
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What is life stage & duration-based strategy?
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.
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What is self-managed strategy?
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.
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Can the premium paying term be changed later?
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.
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Is switching between funds allowed?
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.
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Are there any restrictions on redirecting my premiums?
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.
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Are partial withdrawals allowed when needed?
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.
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Are there any exclusions to this plan?
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.
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What is the free look period of this policy?
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.
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Is there a Grace period available with this policy?
Grace Period of 30 days is available for Annual, Semi-Annual and Quarterly premium payment modes and 15 days for Monthly premium payment mode.
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We are always there for you !
For queries, write to onlinesales@edelweisstokio.in
Contact us on 022 6611 6054
1- Some benefits are guaranteed and some benefits are variable with returns based on the future performance of your insurer carrying on life insurance business. If your policy offers guaranteed benefits then these will be clearly marked "guaranteed" in the illustration table on this page. If your policy offers variable benefits then the illustrations on this page will show two different rates of assumed future investment returns. These assumed rates of return are not guaranteed and they are not the upper or lower limits of what you might get back, as the value of your policy is dependent on a number of factors including actual future investment performance.
2- The past performance is not necessarily indicative of future performance.
*Mortality charges refunded are excluding extra mortality charges due to sub-standard life and taxes as applicable and all due premiums are paid and policy is in-force.
^ As per provisions of Income Tax Act, 1961. Tax benefits are subject to changes in tax laws.
The Linked Insurance Products do not offer any liquidity during the first five years of the contract. The policyholder will not be able to surrender/withdraw the monies invested in Linked Insurance Products completely or partially till the end of the fifth year.
Unit Linked Life Insurance products are different from the traditional insurance products and are subject to the risk factors. Edelweiss Tokio Life Insurance is only the name of the Insurance Company and Edelweiss Tokio Life – Wealth Gain+ is only the name of A Unit Linked, Non-Participating, Individual, Life Insurance Product and does not in any way indicate the quality of the contract, its future prospects, or returns. The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these plans, their future prospects and returns. Please know the associated risks and the applicable charges from your Personal Financial Advisor or the Intermediary or policy document of the Insurer. The premium paid in unit linked life insurance policies are subject to investment risk associated with capital markets and the unit price of the units may go up or down based on the performance of investment fund and factors influencing the capital market and the policyholder is responsible for his/her decisions. Tax benefits are subject to changes in the tax law. For more details on risk factors and terms and conditions, please read sales brochure carefully before concluding a sale.
Flower & Edelweiss are trademarks of Edelweiss Financial Services Limited; Tokio is Trademark of Tokio Marine Holdings Inc. and used by Edelweiss Tokio Life Insurance Co. Ltd. under license.
Edelweiss Tokio Life Insurance Company Limited.
IRDAI Reg. No.: 147. CIN: U66010MH2009PLC197336. UIN: 147L061V02 .
ARN : WP/2064/Oct/2021
Registered & Corporate Office: 6th Floor, Tower 3, Wing ‘B’, Kohinoor City, Kirol Road, Kurla (W), Mumbai 400070.
Toll Free No.: 1800 212 1212 | Fax No.: +91 22 6117 7833 | www.edelweisstokio.in
BEWARE OF SPURIOUS PHONE CALLS AND FICTIOUS/FRAUDULENT OFFERS IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint |