Guaranteed Tax SavingsUnder sec 80C & 10(10D)
Life Cover10 times of Annual Premium
Zero LTCG TaxUnlike 10% in Mutual Funds
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
Edelweiss Tokio Life Wealth Accumulation (Accelerated Cover) is a Unit Linked Insurance Plan which provides growth potential through participation in capital markets and also life insurance cover.
|Entry Age (Last Birthday)||5 years||65 years|
|Maturity Age (Last Birthday)||18 years||75 years|
|Policy Term (PT) in years||10||30|
|Premium Paying Term (PPT) in years||5 / 7 / 10 Pay or equal to policy term|
|Premium paying Frequency||Annual, half-yearly, quarterly, monthly|
|Yearly Premium||25,000||No limit|
|Sum Assured||Higher of 10*annual premium or 0.5*term*annual premium for ages<45 years and higher of 7*annual premium or 0.25*term*annual premium for ages>=45 years||25*annual premium for ages<45 years or 20*annual premium for ages>=45 years|
The benefit paid in case of suicide within 12 months of policy inception or revival is the fund value as on that date.
Policyholder has to fill up an ‘Application form/ proposal form’ with accurate medical history and submit KYC documents.