Edelweiss Tokio Life EduSave is a traditional child plan which facilitates savings for the child’s future and provides a risk-free future stability for the child even if the parent is not around.
Benefit Options |
End of term |
2nd last yr. |
3rd last yr. |
4th last yr. |
5th last yr. |
6th last yr. |
Marriage Funding Plan |
100% |
- |
- |
- |
- |
- |
Post-Graduation Plan |
52% |
52% |
- |
- |
- |
- |
Graduation Plan |
32% |
24% |
24% |
32% |
- |
- |
Integrated 5 yr. Degree Plan |
20% |
20% |
20% |
28% |
28% |
- |
Dual Degree Plan |
18% |
18% |
18% |
18% |
24% |
24% |
|
Minimum |
Maximum |
Entry Age (Last Birthday) |
18 years |
45 years |
Maturity Age (Last Birthday) |
- |
60 years |
Policy Term (PT) in years |
10 |
30 |
Premium Paying Term (PPT) in years |
Regular Pay, 10 Pay or Term - 5 |
|
Premium Paying Frequency |
Annual, half-yearly, quarterly, monthly |
|
Premium |
6968 |
No limit |
Sum Assured |
225,000 |
No limit |
Annual premium in Rupees for a PPT of 10 years and SA of 250,000
Age / term (yrs.) |
15 |
20 |
25 |
30 |
22,868 |
20,793 |
19,708 |
35 |
23,210 |
21,328 |
20,438 |
40 |
23,848 |
22,198 |
- |
Loan is available under the plan to a maximum of 90% of the Surrender Value
In case of suicide committed within 12 months of policy inception only 80% of premiums paid are returned to the nominee. In case of suicide within 12 months of revival, higher of 80% of premiums paid or acquired Surrender Value is paid.
Policyholder has to fill up an ‘Application form/ proposal form’ with accurate medical history along with the address proof and other KYC documents. Medical examination may be required in some cases, based on the sum assured and the age of the person.
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