Edelweiss Tokio Life Easy Pension
Edelweiss Tokio Life – Easy Pension is a Linked Non-Participating Pension Plan that helps you ensure that you have adequate financial resources to enjoy your post-retirement life.
On Death of Life Insured Death benefit during and after PPT:
- Fund Value
- Assured Benefit
- 105% of total premiums paid till date of death where Assured Benefit is 101% of total premiums paid till death
- Fund Value at maturity
- Assured Benefit where Assured Benefit is 101% of total premiums paid till maturity
- If the surrender request is received before the completion of first 5 policy years, the fund value net of discontinuance charge shall be credited to the discontinued policy fund and the proceeds will be available only at the end of lock in period. At the end of lock in period, the policyholder can exercise any one of the options as mentioned below to utilize the proceeds from surrender.
- If the surrender request is received after the completion of first 5 policy years, the policyholder shall be entitled to the fund value. The policyholder can utilize the proceeds as per the options as mentioned below.
|Premium Paying Term (PPT)||Single Pay, Limited Pay [5 Pay to (Policy Term-5)], Regular Pay|
|Premium Payment Frequency||Single Pay, Annual, Semi-annual, Quarterly, Monthly|
Single Pay: Rs. 45,000
Annual: Rs 15,000
Semi-Annual: Rs 8,000
Quarterly: Rs 4,000
Monthly: Rs 1,500