Edelweiss Tokio Life Dhan Labh
Edelweiss Tokio Life – Dhan Labh is a guaranteed returns, endowment plan that provides higher additional benefit for higher annualized premium
Maturity Benefit
Loan facility
Additional benefits
Compare this plan with other Investment Plans
Key Features
Stay protected and get guaranteed amount on maturity
Get additional benefits from 13 policy year through “Assured Additions”
Get extra benefit for higher premium
Loan facility to meet any urgent / unforeseen liquidity requirements
Option to make your cover more comprehensive through riders
Benefits
Death Benefit
On death of the Life Assured during the policy, company pays death benefit as Sum Assured on Death plus Accrued Assured Additions, if any
Maturity Benefit
On survival of Life Assured till maturity, company pays maturity benefit as:
Sum Assured on Maturity (SAM) + Accrued Assured Additions
Tax Benefits
You can avail tax benefits under Section 80C and Section 10 (10D) of Income Tax Act, 1961.
Premium paid for Critical Illness Rider, if opted, may qualify for a deduction under Section 80D of the Income Tax Act, 1961. Tax benefits are subject to change in the tax laws.
Riders
- Edelweiss Tokio Life - Accidental Death Benefit Rider
- Edelweiss Tokio Life - Accidental Total & Permanent Disability Rider
- Edelweiss Tokio Life - Critical Illness Rider
- Edelweiss Tokio Life - Income Benefit Rider
- Edelweiss Tokio Life - Term Rider
- Edelweiss Tokio Life - Waiver of Premium Rider
- Edelweiss Tokio Life - Payor Waiver Benefit Rider
Policy Loan
Policy loan is available once policy acquires surrender value.
Eligibility
| Minimum Entry Age | 91 Days |
| Maximum Entry Age (Last birthday) | 45 Years (age last birthday) |
| Minimum Maturity Age (Last birthday) | 18 Years |
| Maximum Maturity Age (Last birthday) | 75 Years |
| Policy Term (PT) | 15, 20, 25 and 30 Years |
| Premium Paying Term (PPT) | 7, 10 and 12 years |
| Premium Payment Frequency | Annual, Semi-annual, Quarterly, Monthly |
| Sum Assured on Death Higher of | • 10 times of Annualized Premium* OR • Sum Assured on Maturity OR • 105% of total premiums paid (excluding any underwritingextras, rider premiums, service tax and cess, if any) till date of death • Any absolute amount^ assured to be paid on death |
| Sum Assured on Death | Minimum: Rs.55,000 Maximum: No Limit |
| Sum Assured on Maturity | Annualized Premium x Premium Paying Term + Large Premium Benefit, if any |
