Edelweiss Tokio Life Triple Advantage Plan

If all the premiums have been paid for at least first three consecutive years then the policy will not lapse and continue as a
‘Reduced Paid-up’ policy and all the benefits shall be reduced proportionately.
All the benefits will be multiplied by a paid up factor, where paid-up factor is as below:
Paid-up factor = (Number of premiums paid/ Number of premiums payable)
Paid-up Sum Assured on Maturity= Paid-up factor *Sum Assured on Maturity.

No further bonus will be declared for the Reduced Paid-up policy. The reversionary bonuses that have been declared so
far, and if not paid earlier, will be protected and paid on death or at the end of premium paying term, whichever is earlier.

Paid-up GLB will be equal to GLB multiplied by paid-up factor.
• First paid-up GLB payout: At the end of the PPT
• Second paid-up GLB payout: At the end of policy year when Life Insured attains age 75.

On death of the Life Insured, after the policy getting paid-up, the beneficiary will receive:
Till the end of premium paying term:
• 100% of Paid-up Sum Assured on Death PLUS
• Accrued bonuses declared till the policy gets paid-up
After the end of premium paying term when the accrued reversionary bonus (RB1) has been paid:
• 100% of Paid-up Sum Assured on Death
Paid-up Sum Assured on Death = Sum Assured on Death * Paid-up factor

Reversionary bonus (RB1) that has been declared before the policy gets paid-up will be protected and paid at the end of
PPT.
Paid-up GLB shall be payable on survival of Life Insured at the end of PPT and end of policy year when Life Insured attains
age 75. It will not be a part of death benefit.
The total survival benefit payable during the policy term is as follows:
At the end of PPT: Paid-up GLB plus RB1
At the end of policy year when Life Insured attains age 75: Paid-up GLB

On maturity of the policy, the paid-up sum assured on maturity will be payable.
Further, the benefit payable on maturity shall never be less than 105% of total premiums paid to date.

The Policy will acquire Surrender Value if all the premiums have been paid in full and received by Us for at least first three
policy years. On surrender, the Policy shall be terminated, the Surrender Value, if any, as calculated will be immediately
paid and all the Benefits under the Policy shall cease to apply. On surrender, the higher of the Guaranteed Surrender Value
or the Special Surrender Value will be payable.
The Guaranteed Surrender Value is a sum of surrender value of premiums and surrender value of accrued reversionary
bonuses, if not already paid.
Surrender Value of premium is a specific percentage of total premiums received by the Company (excluding any
premiums paid towards rider benefits, and underwriting extra) less Survival Benefits already paid till the date of
surrender.
The Guaranteed Surrender Value will vary depending on the premium paying term and the year the policy is surrendered.
The policy is also eligible for Special Surrender Value.
(Note - After attaining age 75 years and on payment of accrued Reversionary Bonuses (RB2), the Surrender Value of
bonuses will not be available and only Surrender Value of premiums will be made available)

The customer has an option of availing the following Rider benefits:
• Edelweiss Tokio Life - Accidental Death Benefit Rider (UIN: 147B002V02)
• Edelweiss Tokio Life - Accidental Total and Permanent Disability Rider (UIN: 147B001V02)
• Edelweiss Tokio Life - Term Rider (UIN: 147B004V02)
• Edelweiss Tokio Life - Critical Illness Rider (UIN: 147B005V02)
• Edelweiss Tokio Life - Waiver of Premium Rider (UIN: 147B003V02)
• Edelweiss Tokio Life - Payor Waiver Benefit Rider (UIN: 147B014V02)
• Edelweiss Tokio Life - Income Benefit Rider (147B015V01)
Rider Sum Assured cannot exceed the Sum Assured on Death. Total rider premium cannot exceed 30% of the base
product’s premium.
For more details on any of the riders mentioned above, please consult your Edelweiss Tokio Life Insurance Personal
Financial Advisor or refer to the rider brochure.