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Edelweiss Tokio Life Insurance Co. Ltd. Incorporated on Principal Officer Appointed Actuary 10-May-11 Mr.

Deepak Mittal Mr. Abhay Tewari

Edelweiss Tokio Life - Safe n Sure Plan (WA)


Summary Info

Insurance Company Plan Name Plan Nature Plan Category UIN No. About Plan

Edelweiss Tokio Life Insurance Company Ltd Edelweiss Tokio Life - Safe n Sure Plan (WA) TRADITIONAL Savings & Investment Plan 147N015V01 It is a Guaranteed Endowment Assurance Plan.

Basic Details

Minimum Entry Age Maximum Entry Age Maximum Maturity Age Minimum Policy Term Premium Paying Term Minimum Premium Minimum Sum Assured Maximum Sum Assured

5 years 55 years 80 years 15/20/25 years 15 years Annual: Rs. 7326, Semi-annual: Rs. 4000, Quarterly: Rs. 2500, Monthly: Rs. 1000 Rs. 200000 No Limit, subject to underwriting

Key Benefits

Benefits Description How are the beneifts payable?Payable at the end of policy termWhat Maturity Benefits are the benefits?Sum Assured Particulars

Death Benefits

how are the benefits payable?Payable when death of life assured has been confirmedWhat are the benefits?Sum Assured

The policy can be surrendered provided that at least premium for two policy years has been received in full by the Company. On Surrender Surrender Benefit the Surrender value, if any, will be immediately paid and policy will be terminated.

Tax Benefits
Section SEC 80 C
SEC 10 (10)D

Description Under Section 80 C premiums up to Rs. 100,000 are allowed as deduction from taxable income.
Maturity and Death Benefits are tax free under section 10 (10) D of the Income Tax Act, 1961.

SEC 80 D

Under Section 80 D premium up to Rs 10,000 (Rs.15,000 for senior citizens) are allowed as deduction from taxable income.

Plan Speciality

Stay protected and get guaranteed amount on maturity Pay premium for 15 years only Simplified product structure for easy understanding Choice of various policy terms are made available to suit your need Loan facility is available to meet unforeseen needs Enhance overall benefits by adding various riders Attractive discounts for higher Sum Assured
Basic Details

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