Benefits Of Saral Jeevan Beema

Life Cover

 There are so many things to do in this world and we want you and your family to experience them without fear. You can plan for the future without any worries, as you get life cover with this plan!

Limited Pay

Don’t spend your entire life paying off premiums! With the Limited Pay Option, you can complete your premium payments in 5 or 10 years and enjoy the plan benefits till the end of the policy term.

Choice of Premium Payment Frequency

Pay as you wish! You can decide how you want to make your premium payments according to the option that suits you best. Choose between Yearly, Half-Yearly or Monthly payments and enjoy the plan’s benefits thereafter.

Flexible Policy Term and Life Cover

Depending on your protection needs, you can choose the policy term and life cover that suits you. With the flexible plan options of Saral Jeevan Bima, you will be able to customize your policy term from a range of 5 to 40 years. You also get the option to choose a life cover between the range of Rs. 5 lacs to Rs, 25 lacs, in multiples of 50, 000

Tax Benefit³

Don’t worry about deductions! Premiums paid under this plan are eligible for Tax Benefits under section 80 (c). Benefits received upon claim are exempt from taxes under section 10(10D).

Benefits of Zindagi Plus

Life Cover

We’re there for you throughout! There are some circumstances one can’t foresee, including a pandemic. In case of your demise during the policy term, we’ll stand by your family and provide the nominee with the death benefit.

Better Half Benefit Option*³

Undying love indeed! Opt for Better Half Benefit at a little extra cost to make sure you always have your partner’s back. This provides your spouse an additional life cover of 50% on your base sum assured, when you’re not around.

No Medical Tests

Worried about stepping out of home in this pandemic? This plan provides the option of life cover without medicals, up to Rs. 99, 99, 000. So stay home, stay secured!

Waiver of Premium Benefit^^

We’re with you in sickness and in health! Even if you face a critical illness, we’ve got your back. Opt for this feature that doesn’t make you worry about your premium payments at a difficult time, upon being diagnosed with any one of the 35 listed critical illnesses

Discount on Large Sum Assured

Yes, you’re reading it right!We believe in rewarding those who aim higher. So, this plan offers attractive discounts on premiums when you opt for a higher life cover.

Premium Payment Option

Let’s take the tired out of retired! We have designed an option for you to pay your premiums till you turn 60, so you can enjoy your second innings in peace. Alternatively, you can choose to pay premiums till the end of the policy term, if that suits you better.

Tax Benefits³

No deductions, no worries! The premiums paid under this plan are eligible for deductions under Section 80(C) and the death benefit is also eligible for tax benefit under section 10(10D).

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A Guaranteed Income Plan is a plan that provides you with insurance cover along with a guaranteed¹ income during a set duration. You choose your saving goals and financial appetite to decide how long you want the regular income. A guaranteed income plan also allows you to decide the payment option that suit you the best. We will understand it in more detail below.

Financial planning is key to living a well-balanced, happy life. We all know this, but something that we don’t realize is how easy it is to plan all your goals when you have a second source of income! In today's unprecedented times, the ability to fulfil your family’s dreams by buying that dream home or giving your child the best education has become slightly challenging in today’s unprecedented times.

Wouldn’t it be amazing if you could get a guaranteed¹ stream of growing income based on your life goals? If your answer is yes, then the Guaranteed Returns Plan is the right choice for you.

A guaranteed investment plan empowers you to decide how long and at what time you want your income payouts to be. For example, for 10 years annually or for 8 years quarterly, or even as a lumpsum income.

Benefits :

• Life Cover : Life Cover for the entire policy term to protect your family financially even if you are not there.
• Tax Benefits : on premium paid under Section 80C and maturity income under Section 10(10D).
• Guaranteed¹ Benefits : Guaranteed Benefits in form of Regular Income or Lump Sum as per your needs.
• Income as and when You Want : Income as and when You Want to help you achieve your goals whatever life stage you are in.
• Second Income : Second Income to fall back on for you and your family in case of emergencies. Even after retirement, it ensures that your standard of living remains the same.
• Family Security : Family Security with an option of waiving of premiums for the rest of the policy duration in case of your demise.

Benefits of Income Builder

Income + Protection in one plan

One plan, Two benefits! Get the plan that looks out for you by offering a regular income as well as a life cover. Receive returns in the form of monthly installments and a lump sum, depending on your choice of variant. 

Two Plan Options

Plans that are twice as nice! The Edelweiss Tokio Life Income Builder plan comes in two variants - Base plan or Secured Income plan. The Base plan gives you the freedom to pay your premiums in one go through the single premium option or a series of regular installments. The second variant is the Secured Income option, which has the added advantage of being outfitted with the Critical Illness Benefit.

Secured Income Option

Look out for the silver lining! This option ensures that in case of death or diagnosis of covered Critical Illnesses, your loved ones won’t have to compromise on their dreams as they will continue to receive the payouts without paying any future premiums. The 12 critical illnesses listed include Heart Attack, Third Degree Burns, Cancer, Kidney Failure and more. 

Maturity Benefit Options

Time to reap what you have sown! You can choose from two options to get your regular second income. The first is the Regular Income option, where you get your returns in the form of installments. You can decide their frequency by choosing to receive them monthly, quarterly, half-yearly or annually. The second option is the Regular Income + Lump Sum option where you get a lump sum payout in addition to your installments.

Advance the Payout Date^*

Choose your own special day! You get the flexibility to receive income on the day of the month that you cherish the most. This means you can choose a special occasion in your life and get more joy that day, or create a new occasion, for receiving your additional income.

Tax Benefits³

Deductions no more! All the premiums paid towards  Edelweiss Tokio Life Income Builder, are eligible for deductions under section 80 (C) and the maturity benefit under section 10(10D).

Benefits of Flexi-Savings Plan

3 Plan Options to Receive Guaranteed¹ Income

As flexible as your needs! Choose flexibility with 3 plan options – Flexi-Income, Flexi-Income PRO & Large Sum Option. Flexi-Income Option & Flexi-Income PRO offers regular income every year, starting from the chosen Income Start Year (ISY) till the end of policy term. The regular income under Flexi-Income & Flexi-Income PRO comprises of Guaranteed Income, if applicable, Cash Bonus, if any and Reversionary Bonus Payout, if any along with maturity benefit. In Flexi-Income PRO you get guaranteed Lumpsum at periodic Intervals. Large Sum Option offers maturity benefit at the end of policy term. 

Series of Guaranteed¹ Lumpsum

Sign up for your trail of happiness! The Flexi-Income PRO option offers survival benefit that is equal to regular income + guaranteed¹ lumpsum. This lumpsum is payable in the interval of 5 years as cash payouts. The regular income is paid out every year from Income Start Year (ISY) till maturity. This regular income comprises of Guaranteed¹ Income, and Cash Bonus and Reversionary Bonus, if applicable.

Early Income Pay-out

Don’t wait, start early! This plan offers Income Start Year (ISY) as early as 2^nd policy year under Flexi-Income Option and Flexi-Income PRO Option. With these options, you can choose to start receiving your income on the 2^nd or 5^th or (PPT+1)^th policy year.  

Accrual of Survival Benefits

Accumulate your survival benefit as per your preference! At any point during the policy term, you have the option to accumulate the survival benefits instead of cash payouts. You can choose to withdraw the entire accrued survival benefit at any point during the policy term. These benefits are also payable at the time of termination of the policy in the form of death, maturity, or surrender.

Protect Your Loved Ones Right!

Roti, kapda, makaan aur life cover! This plan offers Life Cover Continuation Benefit to extend life cover even beyond your policy term ends. Meaning, increased family’s financial security! If Life Cover Continuation Benefit is opted, the maturity benefit payable would be equal to Sum Assured on Maturity^## (SAM) plus Loyalty Sum Assured on Maturity (applicable only for Plan Option ‘Large Sum Option’) plus accrued Reversionary Bonus, if any plus Terminal Bonus, if any less Life Cover Continuation Benefit Cost provided the policy is in-force. All other plan benefits remain unchanged.

Tax Benefits³

Everything’s better with tax³ exemptions! Premiums paid are eligible for tax benefit under section 80C and the maturity benefit is eligible for tax benefit under section 10(10D).

Retirement plans or pension plans are a specific type of insurance policies that help you live a comfortable retired life. These plans provide protection and also act as investment policies that help you accumulate a corpus to meet your post-retirement needs such as medical expenses, living costs, etc.

These plans invest your earnings over the years and create a fund, which you use a lump sum or in parts during retirement. With adequate investment and proper planning, you can easily plan your golden years and secure your future with a steady flow of income even after retirement.

Why Do You Need A Retirement Plan?
We tend to invest our hard-earned money in meeting our day-to-day needs so much so that we pay little attention to securing a comfortable and prosperous life for ourselves in our later years.

Most of us have demanding jobs and even demanding lifestyles. In the daily hustle-bustle of our stressful lives, do we even give a thought to life after retirement? But we owe it to ourselves to take a deep breath and think about the future too. What would be the point of working so hard if we are not able to enjoy the fruits of labour in our retired life? Apart from lifestyle, we have responsibilities towards our families that may not go away with retirement.

To ensure that your post-retirement life is smooth and peaceful and your family is still well looked after, planning for retirement now is very important. Basis your current age, income, lifestyle and life goals, you can choose an investment amount and plan for your retirement.

Do you believe in Income after Retirement?
Retirement from professional life should not mean that you stop getting a regular income. Retirement plans allow you to allocate a part of your savings and let them grow over a period of time. You can then opt to get regular pay-outs after you retire.

A Unit Linked Insurance Plan (ULIP) is a life insurance plan that offers dual benefits of investing your money in the market for your future goals and get life cover to financially protect your family in case of any unprecedented event. Due to this dual benefit of wealth creation and protection, ULIPs have an edge over traditional life insurance plans. Basis your risk-appetite and life goals, a ULIP allows you to invest in equity and debt funds. You can fulfil your goals such as buying a house or funding your children’s higher education with a ULIP.

How Does A Unit Linked Insurance Plan Work?
A Unit Linked Insurance Plan (ULIP) is a financial instrument, which combines the benefits of market-linked investment and life insurance. This means that along with providing you life cover, your investment is diversified in the market and returns are incidental to the market performance, helping you generate better returns in the long-term.

Investments in ULIP can be customized as per preferences. You can choose to invest in a bouquet of diverse funds, including equity, debt, and balanced funds, basis your risk appetite. Generally, investors seeking lower risk may opt for debt funds, while equity is preferred by investors willing to take higher risks. If you are someone looking for a combination of equity and debt funds where risk is moderate and returns are higher than debt funds, then balanced funds are the right choice for you! Please find here our list of funds.

Moreover, premium amount paid toward ULIP is eligible for tax benefits up to 1, 50, 000 under Sections 80C and returns upon maturity are exempt under Section 10(10D) if conditions of Income Tax Act, 1961, are fulfilled#.  You need to continue your ULIP for 5 years to continue tax exemptions.

An NRI can buy a life insurance policy to safeguard his/her family's future financial interests in absence of the policyholder. NRIs can buy term insurance plans and savings and investment plans in India.

The insurance premiums applicable for these plans are variable, depending upon terms of the policy, the frequency of premium payments, age, health conditions etc. The term durations are also variable depending upon the products offered by different insurers in India.

Insurance policies for NRI can be easily bought online across countries and continents.

Benefits :

• Long Term Protection : Insurance plans provide longer protection for the policyholder and their family. One can choose a life cover up to the age of 100 years.
• Financial Stability : Term Insurance plans help NRIs in securing the family’s future by providing financial stability even when the main breadwinner is not around.
• Peace of Mind : Term plans give comprehensive protection to the family which helps in living peacefully without worrying about the future.
• Tax Benefit : NRIs are eligible for saving tax³ on income earned in India. Premiums paid for a term insurance in India are deductible from taxable income under Section 80C. The payment (maturity amount) received under an insurance policy is also exempt subject to conditions under Section 10(10D) of the Income Tax Act, 1961.

Benefits of Guaranteed Saving STAR

Lumpsum or Regular Guaranteed¹ Returns

Pay-out as you like! With an option to receive guaranteed¹ returns as lumpsum at maturity or in a regular stream of 5 equal annual  instalments, this is the plan you need to chase your dreams. Such flexibility makes it easy for you to fulfil future goals such as buying your dream house, a luxury car, saving for your child’s higher education, etc.

Enhanced Cover Option to Protect Your Family

Higher cover for advanced security! This plan offers Enhanced Cover option, through which you can safeguard your loved ones’ futures with 20x the premium⁴ paid in case you’re not around to look after them.

Long Term Savings & Protection

Hit a century, tension-free! Guaranteed¹ savings and life cover for a policy term as high as 40 years. On entering the policy at age sixty, protect your loved ones till you hit a century and enjoy savings that lasts a lifetime.

Family Income Benefit

Benefits you can’t ignore! This optional benefit ensures that in case of an unfortunate death or diagnosis of covered Critical Illness, you and/or your family continues to receive the policy benefit, with all future premiums waived off. There are two options under this benefit - Family Income Benefit on Death & Family Income Benefit on Critical Illness and Death.

Tax Benefits³

Deductions, that everyone dislikes! The premiums you pay towards this plan are eligible for tax deductions up to 64, 116* under section 80(C) and the returns you receive have tax benefits³ under section 10(10D). This makes investing in this plan a smart investment.

Benefits of Active Income Plan

Protection and Income till 99 years

This plan can be described as ‘Single Battery Double Power’. Get both - the benefits of life insurance and regular income with tax benefits because this plan is twice as nice! You can start getting your income from the 2^nd year of your policy all the way till you’re 99! 

Income Options

Get served the way you prefer. Choose when you want to get your income from 2 options. By choosing Early Income you can start getting your Guaranteed Income from the end of your 2^nd policy year. If you choose the Deferred Income option, you start receiving income a year after the policy paying term ends.

Family Income Benefit

This plan is like a security blanket for the family. We’ll help you find the silver lining even in the toughest situations. With this option, in case of death or getting diagnosed with a listed critical illness, we’ll make sure your family is financially secure by providing them the Income Benefit and Maturity Benefit, without them having to pay future premiums.

Cash Bonus

We like to celebrate good times together. Every time we, as a company, do well, we like to treat everyone who’s been with us on this journey. So, look forward to getting a cash bonus, if declared, as a reward!

Guaranteed ¹ Income Type

Be stable and dependable or rising and conquering! Choose from the Level Guaranteed Income that gives you 1.5% of sum assured on Maturity at every payout or the Increasing Guaranteed Income which first gives you 0.75% of your sum assured on maturity and then, increases annually by 5%. Increasing income option is available only with deferred income option.

Riders

Enhance your plan! With Edelweiss Tokio Life – Active Income Plan, you can opt for additional benefits in the form of riders. The available riders for this plan are Accidental Death Benefit Rider, Accidental Total and Permanent Disability Rider, Critical Illness Rider, Income Benefit Rider, Waiver of Premium Rider and Payor Waiver Benefit Rider

Loan² Facility

Don’t let financial trouble stop you from achieving your goals!We want you to live your zindagi unlimited, even if you need a little support to do it. That’s whyEdelweiss Tokio Life Active Income Plan offers you the choice to avail of a loan for urgent need of cash flow. 

Tax Benefits³

We believe in the statement, ‘No Deductions, No Worries’.  Everything’s better when it’s got tax benefits! The premiums paid under this plan are eligible for tax benefit under Section 80 (C) and the income you get are eligible for tax benefit under Section 10(10D). 

Child plan or child insurance plan are any Guaranteed Returns Plans (endowment or money-back plans) or Unit Linked Insurance Plans that help you save a corpus for your child. The savings aspect makes sure that you build a corpus over the long term and get good returns. You can pre-define the stages when you would need these returns, for instance, when your child gets into high school or college or when they get married. The life insurance aspect ensures that your child’s finances are taken care of by the life cover, in case of your unfortunate demise.

Child-centric insurance plans are a financial tool which helps you plan a secure future for your child. It makes sure that financial insecurities do not come between your child and his dreams even when you’re not around.

Benefits of Wealth Gain+

Dual Benefits

All good things come in two’s! That’s why we want to help in both by providing you with a life cover and a way to grow your wealth. 

Nil Allocation Charges

No unnecessary charges here! With Edelweiss Tokio Life Wealth Gain+, you don’t have to deal with any extra charges. This means we won’t charge you for things like premium allocation or policy administration. 

Return of Mortality Charge

It’s your life, your money, and we believe in returning all your dues. That is why, with Edelweiss Tokio Life Wealth Gain+, whatever amount is taken from your investment as life cover will be returned to you at maturity. 

Additions to the Plan

Long-term commitments are more fruitful! We like those who stay with us for the long term, that is why we give them additions which enhance the maturity value. By getting this plan, you can also be rewarded with Booster Additions at the end of your 15^th and 20^th policy year and Loyalty Additions annually from the end of your 10th policy year. 

Investment Strategies

It’s time to grow your wealth! You can go about this in 2 ways. The first is through a Self-managed Strategy, where you get to make unlimited switches between funds. The second way is through the Life Stage and Duration Strategy where our team of experts will help you decide how to make your investments depending on your personal details.

Tax Benefit³

We dislike deductions as much as you. You get tax benefits on premiums paid under section 80 (C) and on the maturity benefit under section 10 (10D).

Benefits Of Wealth Ultima

Systematic Monthly Plan (SMP)

Paying a big amount, in one go can be a hassle! That is why we give you the chance to opt for the Systematic Monthly Plan. With this feature, you can pay your premiums on a monthly basis and get safeguarded from erratic market fluctuations through a smaller premium amount.

Investment Options

Your choice or ours? You can opt for the Self-managed Investment Strategy, through which you get unlimited switches between funds. Alternatively, we offer the Systematic Transfer Plan (STP) that comes with two options - With the Life Stage and Duration based STP, we manage your funds according to your life stage, and Profit Target based STP protects your profits by shifting it to a bond fund.

Systematic Withdrawal Plan (SWP)

Make Retirement Easy! From the 10th year, you can choose to receive your payout in the form of regular installments. These installments will be a pre-decided percentage of your fund value and you can decide when and how you want to receive it. With this, you can plan your source of income for a relaxed retired life.

Fund Additions

A little extra to show that we care! We reward those who stay with us for a long time by routinely making additions to their funds over the years. Guaranteed Additions and Loyalty Additions are added annually starting from your 6th policy year and Booster Additions are added every 5 years starting from the 10th year of your policy. 

Tax Benefits³

No deductions, no worries! You get tax benefits on premiums paid under section 80 (C) and on the maturity benefit under section 10 (10D).

COVID-19 or Coronavirus is an infectious disease caused by a newly discovered virus called severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). Most people infected with the COVID-19 virus will experience mild to moderate respiratory illness and recover without requiring special treatment. However, older people, and those with underlying medical problems like cardiovascular disease, diabetes, chronic respiratory disease, and cancer are more likely to develop serious illness.

Term insurance plans in India cover COVID-19 claims, subject to scrutiny by insurers. There are many insurers who offer covid-19 protection plans which cover the medical expenses incurred during the treatment of COVID-19 which includes hospitalization.

Multiple Claims Option

Gear up for support, ek nahi teen baar! We’ve included a variant that lets you make multiple claims in the unfortunate event that you suffer from multiple critical illnesses over the course of your policy term. With the Multiple Claims option, you can claim as many as three times from us!

Cover Against 17 Critical Illnesses

We want to support you in your time of need, which is why Edelweiss Tokio Life CritiCare+ covers 17 critical illnesses. These are grouped into 4 categories and include illnesses such as Heart Attack, Third Degree Burns, Permanent Blindness, Severe Coma and more.

Stick No Bills

We’re here to provide solutions not problems! Getting diagnosed with a critical illness is already rough, so we want to be your pillar of support instead of a roadblock to peace. All we need is diagnosis report and on scrutiny of your diagnosis report, we will give you lump sum benefit.

Waiver of Premium

Focus on your healthy recovery! We want to eliminate as many worries as we can from your life so you can focus on the important things - like getting to full recovery. That is why, with the multi claim option in this plan, we waive off all future premium payments when you get diagnosed with a critical illness.

Discount on Large Sum Assured

The higher you go, the more benefits you get! We like rewarding those who opt for more. This is why, with Edelweiss Tokio Life CritiCare+, you get discounts when you opt for higher premiums.

Tax Benefits³

No stressing about deductions! With Edelweiss Tokio Life CritiCare+, you can avail tax benefits on your premiums under Section 80 (D) and on your lump sum payment under Section 10 (10D).

Your dreams and aspirations need to be secured. Your social and family obligations need to be fulfilled. An endowment plan is designed to do precisely that.

You get the dual benefit of life insurance as well as wealth accumulation through years of regular investing. Moreover, it brings tax benefits on two fronts too. Your premium is tax-deductible, and the maturity corpus is tax-exempt.

For individuals with responsibilities of meeting large expenses in the future, endowment plans are a blessing. They have relatively low risk yet give proportionately higher tax-adjusted returns. A lump sum amount on death and guaranteed maturity amount on survival also ensure that neither you nor your loved ones are left unprotected.

Endowment plan motivates you to save and protect you and your family in the time of crises or in your absence.

As a family person, you are concerned not just with your own happiness but also the happiness of your family and loved ones. One of the best ways to ensure that your family’s happiness and financial well-being is always taken care of is to buy a term life insurance plan.

Term insurance is a type of life insurance policy that provides coverage for a certain period or a specified "term" of years. Term insurance or term plan helps in securing the future of your family and financial dependents in case of death. If an unfortunate event occurs to the policyholder during the policy term, the nominee receives the cover amount also known as a death benefit or sum assured. The premium of term insurance is calculated based on the individual's health, age, gender, whether the insurer is a smoker or non-smoker, policy term, and the sum assured selected.

Benefits :

• High Life Cover At Affordable Cost : Term insurance policies offer the highest life cover for the affordable premium amount. The sooner you buy a term plan the affable will be your premium cost.
• Long Term Protection : Term insurance plans provide longer protection for you and your family at all stages of your life You can opt for whole life cover up to 100 years of age.
• Financial Stability : A term insurance plan secures your family’s future by providing financial stability even in your absence.
• Tax Benefits : You can avail tax benefits³ under Section 80(C) on your insurance premium. Additionally, the life cover payout also has tax benefits under Section 10(10D).
• Add On Benefits : Many term insurance plans offer a host of add on benefits and riders such as accidental cover, critical illness cover, etc., which you can add to the base plan as needed, at an additional cost.
• Peace of Mind : A term plan gives financial protection to your family which helps you live peacefully without worrying about the future.
• Protection for the Family : With the Better Half Benefit or the Child’s Future Protect Benefit, your term insurance plan Edelweiss Tokio Life Total Protect Plus can provide additional life cover for your spouse or your child respectively.
• Covid-19 Coverage : Edelweiss Tokio Life term insurance plans cover death caused by the ongoing Coronavirus pandemic. This ensures complete financial protection to the family in these trying times.

Benefits of GCAP

Guaranteed¹ Returns

No surprises here! With Edelweiss Tokio Life GCAP, get guaranteed¹ returns no matter the circumstance, on your investment. The advantage with this plan is that you know exactly how much you’re getting out of it, so you can plan your future goals accordingly.

Guaranteed Accrual Additions

Long-term friends get better gifts! We love treating those who are with us for longer by giving guaranteed accrual additions. These additions start from the 9th policy year.

Affordable Premiums

It’s the plan that fits into every budget! We want everyone to take advantage of getting a guaranteed¹ income at all times which is why Edelweiss Tokio Life GCAP starts at only Rs. 1500 p.m. 

Waiver of Premiums

Even when things seem blue, we’re there to show you the silver lining! In case you are diagnosed with a listed critical illness or are suffering from a permanent disability due to an accident, this optional benefit rider will waive off payment of future premiums for you if added to your plan.

Protection Against Critical Illnesses

We’re always ready to help out in any situation! With this optional benefit rider, we make sure you get a lump sum payment to deal with any expenses when diagnosed with any one of the 12 listed critical illnesses that include Heart Attack, Cancer, Strokes, Bone marrow transplant and more. 

Loan² Facility Against Policy

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 GCAP offers you the choice to avail a loan for urgent need of cash flow.

Flexibility

This plan is as flexible as playing dough! Customize the plan according to your needs by choosing your preferred policy term and no. of years for paying the premium. You can choose your policy term from 10, 15, 20, 25 or 30 years and your policy paying term (PPT) from  5, 7, 10 or 12 years. Additionally, depending on the variant, you can decide whether you want to pay in one go or through regular installments. 

Tax Benefits³

We dislike deductions as much as you. You get tax benefits on premiums paid under section 80 (C) and on the maturity benefit under section 10 (10D).

Benefits of Edelweiss Tokio Life-Wealth Rise+

Multiple Benefits. One Plan.

Benefits that make your income grow! With this plan, we help you accumulate wealth with market-linked returns, guaranteed¹ lumpsum at maturity, additional fund boosters⁵ and tax benefits³. 

Guaranteed¹ Lumpsum

Savings with security! Add a safety net to your market-linked returns with guaranteed¹ lumpsum available with the Base Cover option. Guaranteed¹ Lumpsum will be payable to the fund value at the time of maturity.

Customized Coverage for Your Needs

2 plan options to choose from! The product offers following two Plan Options - Base Cover and Enhanced Cover. Under Base Cover option, you get life cover of either 7 times to 10 times annualized premium on individual life depending on the annualized premium chosen. If you choose enhanced cover option, you get minimum 15 times of annualized premium as life cover on individual life. And you can choose a higher multiple as life cover subject to board approved underwriting policy. 

Investment Strategy Options 

Your choice or ours? You can opt for the self-managed investment strategy, where you get unlimited switches between funds using switch option. Alternatively, we offer Life Stage and Duration based STP (here we manage your funds according to your life stage). This strategy ensures that money is moved from equity-oriented fund to debt-oriented fund as the age increases, and the remaining policy term reduces.

Additions to the Plan

We help you grow your fund value! Under Base Cover option, you can receive Loyalty Additions to maximize your returns, applicable from the 6 policy year till the end of premium paying term. Similarly, booster additions are added at the end of 10 policy year and every 5 policy year thereafter till the policy maturity. The Maturity Addition is available for premium paying term greater than and equal to 10 years.

Under Enhanced Cover option, the Booster Additions will be added, at the end of each policy year, to the fund value in form of addition of units starting from the end of 11 policy year till maturity. 

Benefits of Guaranteed Income STAR

Regular Guaranteed¹ Income for your future goals 

Unleash your financial potential! Start your regular stream of income to meet your financial goals with two plan options. With Flexible Income Option, choose your ‘Income Start Point’ as early as 2nd policy year⁶ , where income will be paid in arrears basis your preferred pay-out frequency till maturity date. With Large Income Option, start your income post the premium paying term till maturity. You can choose Level or Increasing Income, i.e., same income throughout or income increasing progressively.

Lumpsum Pay-out Option

Delight yourself with lumpsum income! With this plan, avail additional lumpsum benefit at the time of maturity. This benefit is available in both Flexible and Large Income options. So, choose to receive lumpsum + regular pay-out with our all-new guaranteed¹ income plan.

Family Income Benefit

Benefits you can’t ignore! This optional benefit ensures that in case of an unfortunate death or diagnosis of covered Critical Illness, you and/or your family continues to receive the benefit. There are two options under this benefit - Family Income Benefit on Death & Family Income Benefit on Critical Illness and Death.

Loan On Your Policy 

A little support goes a long way! We want you to live your zindagi unlimited, even if you need a little support to do it. That is why Edelweiss Tokio Life Guaranteed Income STAR offers you the choice to avail a loan² for urgent need of cash flow.

Retire Easy, as You Like It!

Save for your golden days ahead! Reap the fruits of regular guaranteed income without stressing about premiums. With Edelweiss Tokio Life Guaranteed Income STAR, complete your premium payments within a limited premium paying term of 5, 8, 10 and 12 years. 

Tax Benefits³

We dislike deductions as much as you do! The premiums you pay towards this plan are eligible for deductions up to 46, 800* under section 80(C) and the income you receive has tax benefits³ under section 10(10D)

Benefits of Premier Guaranteed STAR

Income Benefit Payouts 

Grow your future income, step by step! This product offers survival benefits in the form of Income Benefit Pay-outs during the policy term starting from the third policy year falling after the completion of premium paying term and will be payable income till maturity or death of the Life Assured, whichever is earlier, while the policy is in-force. In addition, you also have an option to get lumpsum at maturity. 

Certainty in Uncertain Times

No surprises here! With this plan, get guaranteed¹ returns no matter the circumstances. The advantage of this plan is that you know exactly how much you’re getting out of it, so you can plan your future goals accordingly.

Customize Your Plan

Get in control of your plan! Choose from Premium Paying Term (PPT) options of 5 Pay, 8 Pay, 10 Pay and 12 Pay. At inception of the policy, you have the flexibility to choose Lumpsum Benefit as yes if you wish to get a lumpsum benefit at maturity, policy term, premium paying frequency,  income duration and income payout frequency (annual, half yearly, quarterly or, monthly). 

Maximize Your Savings 

Make the most of your investment while also saving on taxes! Premiums paid are eligible for tax benefits³ under section 80C, and both the income received, and the maturity benefit is eligible for tax benefits³ under section 10(10D).

Loan² Facility for Emergency Needs

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 Premier Guaranteed STAR offers you the choice to avail a loan² for urgent need of cash flow, once the policy acquires surrender value.