Income Builder Service

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).