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.
Guaranteed Loyalty Additions
Automatic re-allocation
Death Benefit
Compare this plan with other Investment Plans
Key Features
Low Premium Allocation Charge
Guaranteed Loyalty Additions to enhance your return
Choice of terms up to 85 years and full flexibility with Premium Paying Terms
Premiums paying options of single pay, limited pay and regular pay
Simple and easy to buy with minimal process
Option to choose your risk strategy for allocation between funds
Automatic re-allocation of your money to optimize retirement needs
Benefits
Death Benefit
On Death of Life Insured Death benefit during and after PPT:
Higher of
- Fund Value
- Assured Benefit
- 105% of total premiums paid till date of death where Assured Benefit is 101% of total premiums paid till death
Vesting Benefit
Higher of
- Fund Value at maturity
- Assured Benefit where Assured Benefit is 101% of total premiums paid till maturity
Surrender Benefit
- 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.
Eligibility
| Minimum | Maximum | |
| Entry Age | 18 | 75 |
| Maturity Age | 45 | 85 |
| Policy Term | 10 | 67 |
| 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 | |
| Minimum Premium |
Single Pay: Rs. 45,000
Limited/Regular Pay: Annual: Rs 15,000
Semi-Annual: Rs 8,000 Quarterly: Rs 4,000 Monthly: Rs 1,500 |
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