Edelweiss Life Insurance Wealth Rise Plus Plan

Eligibility Criteria for the Edelweiss Life Insurance Wealth Rise Plus Plan

Features of the Edelweiss Life Insurance Wealth Rise Plus Plan

Here are the key features of the Edelweiss Life Insurance Wealth Rise Plus Plan:

• Life Cover Protection: Life cover is a multiple of the premium that ensures there is financial security.
• Affordable Premiums: It enables investors to begin saving at low premiums.
• Several Investment Strategies: Select either a self-managed strategy or a life-stage and duration-based strategy.
• Fund Additions: Loyalty additions, booster additions, and maturity additions contribute towards the enhancement of fund value.
• Guaranteed Lumpsum: A percentage of the premium value is added to the value of the fund at maturity.
• Systematic Withdrawals: Allows periodic withdrawal of the 10th policy year.
• Wide Fund Options: Includes equity, debt, balanced, and government security funds. With multiple fund options and flexible premium payments, Edelweiss Life ULIP Plans can help build wealth over time.
• Flexibility: Policyholders can select the premium, policy term, and investment allocation.

Benefits of the Edelweiss Life Insurance Wealth Rise Plus Plan

Below are the benefits of the Edelweiss Life Insurance Wealth Rise Plus Plan:

• Death Benefit: The nominees receive the higher of the sum assured, fund value, and 105% of the premiums paid.
• Maturity benefit: Fund value and additions of maturity, and a guaranteed lump sum at the maturity of the policy.
• Wealth Creation Opportunity: Helps to create a long-term investment corpus on a market-linked return.
• Loyalty and Booster Additions: The frequent additions enhance the usefulness of the policy as time goes by.

Riders Under the Edelweiss Life Insurance Wealth Rise Plus Plan

Riders could be optional with the plan to increase coverage. The following are the riders associated with this plan:

• Accidental Death Benefit Rider.
• Critical Illness Rider
• Waiver Of Premium Rider

The availability of riders is subject to the terms and underwriting conditions of an insurer.

Policy Details of the Edelweiss Life Insurance Wealth Rise Plus Plan

The following are the policy details of the Edelweiss Life Insurance Wealth Rise Plus Plan:

1. Grace Period

   A grace period is allowed for premium payments depending on the payment mode.

2. Revival

   A lapsed policy can be revived within the specified period by paying outstanding premiums, subject to conditions.

3. Free Look Period

   Policyholders receive a free look period to review the policy terms and cancel if not satisfied.

4. Surrender

   ULIP policies cannot be surrendered during the first five years due to the lock-in period.

5. Fund Switching

   Policyholders can switch between available funds or modify investment allocation. Many investors compare different policies and schemes to identify the best investment plans in 2026 that suit their risk appetite and financial objectives.

Exclusions Under the Edelweiss Life Insurance Wealth Rise Plus Plan

The following are the exclusions under the Edelweiss Life Insurance Wealth Rise Plus Plan:

1. Suicidal Cover

   The benefit payable in the event of death resulting from suicide in the first 12 months of policy commencement is policy-subject.

2. Total Permanent Disability (TPD)

   Total permanent disability coverage is available only if the relevant riders are selected.