EDELWEISS TOKIO LIFE INSURANCE COMPANY LIMITED

Bhadu Market, Jodhpur, Rajasthan

It’s filled with the fruits of the past and the blossoming buds of tomorrow. However, it is also filled with the thorns of uncertainties and eventualities. Most of us, in our worries about the uncertain, forget to enjoy our lives.
Edelweiss Tokio Life Insurance offers solutions in the form of Investment Plans. These plans offer protection for life as well as the opportunity for wealth creation, so that you can reap its benefits in the future and enjoy the fragrance of flowers!

What are Investment Plans?An investment plan is an insurance plan that helps you in saving wealth for the future. The premium payments are used to build a savings corpus, and to provide life cover to you and your family. People choose investment plan because it provides an opportunity to grow their wealth to fulfil their future goals.
Investment Plans provide the opportunity to create short-term and long-term wealth for the future. They help you meet your financial goals like child’s education, buying a house, car, or even your dream vacation by accumulation of wealth over a period. Investment plans help you save in a systematic manner, protect your loved ones, and save on taxes.
For example, a guaranteed income plan can help you in building the engines of income for tomorrow with life cover and tax benefits. Another great example of an investment plan can be a Unit Linked Insurance Plan (ULIP) that combines the benefits of investments and life cover under a single plan. Premiums paid are invested in market-linked investment instruments, as well as to provide life cover to you. Though ULIPs are moderate-to-high-risk plans, they are mainly chosen for their potential to generate higher returns.

An Annuity plan offering immediate and deferred annuity options which provides you with guaranteed income in your golden years toindulge in life's necessities without any compromises. A plan which takes away your concern of generating regular income and how you would spend your retirement years.

Option to customise your plan to suit your financial needs

Select your desired annuity option from a range of annuity options (immediate or deferred) available in the plan.

Immediate Annuity - Under this Annuity Benefit type, the Annuitant receives regular income in arrears as an annuity

Deferred Annuity - Under this Annuity Benefit type, the Annuitant receives regular income in arrears as annuity after the end of deferment period. The deferment period can be chosen between 1 to 10 years at inception

Opt for Return of Purchase Price or Balance Purchase price

Under Return of Purchase Price receive annuity at a constant rate throughout the life of the Annuitant. On death of the Annuitant, Purchase Price along with the Accrued Paid-up Additions, if any, will be paid in lump sum to the nominee and policy will terminate without any further benefit.

Under Return of Balance Purchase Price receive the annuity at a constant rate throughout the life of the Annuitant. On the death of the Annuitant, the Balance Purchase Price (i.e. Purchase Price less total annuity amount paid till the date of death) along with the Accrued Paid-up Additions, if any, will be paid in lump sum to the nominee and policy will terminate without any further benefit.

This option is available on Single Life basis.

Opt for Return of Purchase Price on Critical Illness or Accidental Total and Permanent Disability or Death

Under this option, Annuitant receives annuity at a constant rate till the date of diagnosis of any of the covered CIs before attaining age 80 years (Age Last Birthday) or occurrence of ATPD before attaining age 70years (Age Last Birthday) or death, whichever is earlier. On diagnosis of any of the covered CIs or occurrence of ATPD or death, whichever is earlier, annuity ceases immediately and Purchase Price along with the Accrued Paid-up Additions, if any, will be paid in lump sum to the Annuitant/nominee and policy will terminate without any further benefit.

This option is available on Single Life basis.

Option to cover a second life under the same annuity plan

Under this option, annuity is payable on a joint life basis. The Primary Annuitant will be the primary person entitled to receive the payouts, while the Secondary Annuitant will be entitled to receive the annuities, in the event of death of the Primary Annuitant. In a Joint Life annuity, the Secondary Annuitant can be the spouse/major child/parent/major grandchild/grandparents or sibling of the Primary Annuitant.

Option to convert annuity amount into the Paid-up Additions

Under this Additional Benefit, the Annuitant will have option to convert an annuity amount into the Paid-up Additions. The Annuitant can choose the benefit at the inception of policy or at any subsequent policy anniversary. At any point of time during the policy term, the Annuitant also have an option to opt out from Paid-up Additions Benefit. Once opted out, the Annuitant will start receiving annuity as per the original schedule.

Higher annuity instalment for higher purchase price

You enjoy higher annuity rates for higher purchase price. As a result you get higher annuity payouts.

Being a prominent firm in this domain, we are engaged in offeringEmployee Benefits Insurance Service.Offered service is performed under the strict supervision of our experts using optimum grade tools and latest technology. Our professionals perform this service as per the requirements of our clients. Moreover, this service can be availed by our clients at most reasonable price.

Income Tax is a Direct Tax that is levied on the net income earned by an individual, company or any other person. The amount that is calculated as income tax is calculated as a percentage on the earnings of the said person or entity. Each person is required to declare their earnings to the government by way of an annual income tax return³ and pay their taxes due as per the applicable laws. Non-payment of tax and non-filing of tax returns³ is punishable by the law.
In India – income tax is levied by the Government of India under the Income Tax Act, 1961. The money collected into the government coffers is used to pay for expenses on infrastructure, development, fund other public services and other such expenses needed to perform the government tasks and obligations that are required to run a country.
India, like most other countries, employs a progressive system of taxation, where the rate of tax is higher for high income earners. There are a series of deductions available on the tax payable in respect of certain expenses or investments. The savvy taxpayer makes note of these and does adequate tax planning to optimise their tax liability.

A health insurance policy is an insurance product that provides financial support by covering the pre-specified healthcare expenses of the person buying the insurance policy or the person insured in case he/she needs medical attention. Edelweiss Tokio Life offers a health insurance plan that covers major critical illnesses.

Types :

• Individual or Family Floater Health Plans : As the name suggests, these insurance plans are for individuals and small or big families. They provide holistic coverage for all family members including you, your spouse, parents, grandparents, in-laws, dependent siblings, and children.
• Critical Illness Plans : These plans provide coverage for life-threatening ailments such as cancer, kidney failure, permanent paralysis and more.
• Personal Accident Plans : These plans provide the full coverage amount in a lump-sum for death, permanent total and partial disabilities, and any other injuries or burns arising due to an accident.
• Corona Kavach and Corona Rakshak Plans : These plans provide indemnity-based coverage for COVID-19 or give a lump-sum amount on the diagnosis of COVID-19.
• Disease-specific Insurance Plans : These plans provide extensive coverage for specific diseases such as cancer, diabetes, heart ailments, and more.
• Group Health Plans : These plans provide coverage for the employees (and sometimes, their families) of a corporate group/employer/any organization. 

Life is beautiful, but also uncertain. We can never predict what could happen the very next moment. In such cases, the financial security of the family becomes most important. One such security medium is life insurance.
“Life Insurance” is defined as a financial product that pays you or your dependents a sum of money either after a set period or upon your death. In other words, life insurance is an insurance tool or a provision that helps you secure your family’s financial future by getting adequate risk cover for your life. In return, you pay a particular premium amount to the insurance provider and can be rest assured that your family will be financially secured even in your absence.

Benefits :

• Secure Family’s Financial Future : Life insurance plans cover you against the unfortunate event of death and provide the entire sum assured to the nominees/beneficiaries of the policyholder. The inner peace of knowing your loved ones’ financial future is secure, is unrivalled.
• Protection against Critical Illness, Accidents & Disabilities : A rider is an add-on cover to the base policy that provides additional benefits. Most Life Insurance plans, offer optional riders, for extra protection against Critical illnesses, Accidents & Disability. Riders can be opted for by paying a small additional premium along with the base plan.
• Tax Benefits³ u/s 80(C) & 10(10D) : You can avail tax benefits³ on premium paid and death benefit received under the policy as per Section 80C an
• Retirement Planning : A life insurance policy is an ideal way to accumulate wealth over the term of the policy and use the funds during your retirement years. With a life insurance plan that offers savings and investment options, you can choose from various plans that will help you make a financial plan for your future when you no longer have a steady flow of your salary income.
• Protection from the Burden of Debt : If you have taken a loan, a life insurance plan can ensure that in your absence, the burden of repaying the loan should not have to be shouldered by your family. Hence, they can use the benefits of life insurance to fulfil their own financial needs and also do away with pending loans, in case you are unable to fulfil them.

Group plans cover a group of people under a single insurance plan. The people covered under the single insurance policy are known as ‘group’. Group life insurance can be taken by organizations to cover their employees. Group plan provides you with benefits such as security, tax benefits³ on the premium amount paid for the group plan. Group plans can also act as a motivation to attract new employees and retain current employees.