Edelweiss Tokio Life Immediate Annuity Plan

Edelweiss Tokio Life Immediate Annuity Plan is a traditional pension plan providing annuity payouts immediately after paying the lump sum payment to ensure regular cash inflows even after retirement for a worry-free life.

Read more

Get Guaranteed Lifelong Pension
For You And Your Spouse

Invested amount returned to your nominee

Pension Options
  • Invest ₹20k monthly & Get yearly pension of ₹4.2 Lacs for Life

  • Guaranteed Return For Life

  • Multiple Annuity Options

  • 4.8++ Rated
  • 13.2 Crore Registered Consumer
  • 53 Partners Insurance Partners
  • 6.29 Crore Policies Sold
We are rated++
rating
13.2 Crore
Registered Consumer
53
Insurance Partners
6.29 Crore
Policies Sold
Get Guaranteed Lifelong Pension^^
For You And Your Spouse
Invested amount returned to your nominee
+91
Secure
We don’t spam
View Plans
Please wait. We Are Processing..
Your personal information is secure with us
By clicking on "View Plans" you agree to our Privacy Policy and Terms of use #For a 55 year on investment of 20Lacs #Discount offered by insurance company
Get Updates on WhatsApp
We are rated++
rating
13.2 Crore
Registered Consumer
53
Insurance Partners
6.29 Crore
Policies Sold

Key Features

  • It is an Immediate Annuity Plan with single premium option where the annuity starts immediately after premium payment from the next chosen date
  • The annuity options can be chosen for a single life (policyholder) or for joint life (policyholder and spouse)
  • The annuity options are:
    • Life Annuity
    • Lifetime Annuity with Return of 100% of Purchase Price
    • Life Annuity guaranteed for 5/10/15 or 20 years
    • Life Annuity increasing at a simple rate of 3% or 5% p.a.
    • Joint Life Last Survivor
    • Joint Life Last Survivor with 50% annuity
    • Joint Life Last Survivor with Return of Purchase Price on last death

Benefits

  • Annuity payouts will be paid as per the frequency chosen immediately after the premium paid
  • Income tax benefit on the premium paid as per Section 80CCC of the Income Tax Act.

Product Specification:

 

Minimum

Maximum

Entry Age (Last Birthday)

45 years

85 years

Purchase Price

100,000

No limit

Yearly Annuity Payout

Depends on the purchase price and the entry age

Annuity payout Frequency

Monthly, quarterly, half-yearly, yearly

pension-ki-no-tensionpension-ki-no-tension

Read Also: Different Types of Annuity


Policy Details

Grace Period: Grace period is not applicable.

Policy Termination or Surrender Benefit: there is no Surrender Value under the plan.

Free Look Period: the free look period is not applicable under the plan.

Inclusions

  • Loan is not available under the plan.

Additional Features or Riders

  • The annuity rates are higher for female lives.
  • Higher annuity rates for Purchase price range of 3 lakhs and above.

People also read: best retirement plan

Documents Required

Policyholder has to fill up an ‘Application form/ proposal form’ with accurate medical history along with the address proof and other KYC documents.

Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.

Pension plans articles

Recent Articles
Popular Articles
Bihar Pension 2026 - How to Apply, Eligibility, and Pension Amount

19 Feb 2026

Social security represents an essential measure for supporting
Read more
City Union Bank NPS

17 Feb 2026

The National Pension Scheme is a government-sponsored retirement
Read more
DCB Bank NPS

17 Feb 2026

The National Pension Scheme is a government-sponsored retirement
Read more
Karnataka Grameena Bank NPS

16 Feb 2026

National Pension Scheme (NPS) is a government-sponsored
Read more
കേരള പ്രവാസി പെന്ഷന് പദ്ധതി

10 Nov 2025

കേരള സമ്പദ്
Read more
Sevarth Mahakosh
  • 24 May 2023
  • 196790
The Sevarth Mahakosh Portal is a one-stop digital solution for state government employees and pensioners in
Read more
Elabharthi
  • 16 Feb 2023
  • 47825
Elabharthi is a digital platform developed by the Bihar government to streamline pension and social security
Read more
Is NPS Considered in the New Tax Regime
  • 17 Jul 2025
  • 108783
NPS is considered in the new tax regime, and recent changes announced in the Union Budget 2025 have made it even
Read more
Vridha Pension
  • 23 Feb 2023
  • 39507
What is the Vridha Pension Eligibility Criteria Documents Required Vridha Pension Online Apply View all
Read more
Top 15 Pension Plans in India~
  • 14 Feb 2023
  • 143441
List of Top 15 Pension Plans Overview Basis of Selection Wrapping Up View all content List of Top 15
Read more

*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in
Disclaimer: ^^ Guaranteed income starts after the deferment period, which depends on the annuity amount chosen at the time of purchase of policy and the amount of premium paid. The policy remains in force until the lifetime of Primary Annuitant and after the death of Primary Annuitant until the lifetime of Secondary Annuitant. The option chosen is joint life plan and life annuity with 100% return of premium is also available.

Claude
top
Close
Download the Policybazaar app
to manage all your insurance needs.
INSTALL