Edelweiss Tokio Life Savings Plans

Edelweiss Tokio Life is an insurance company that offers various kinds of insurance plans. The company not only offers pure term insurance plans but also offers other insurance plans that focus on helping you save up for your retirement and accumulate wealth. Edelweiss Tokio Life Savings Plans not only offers life cover but also helps you build on your savings simultaneously.

Why choose Edelweiss Tokio Life Savings Plans?

Edelweiss Tokio Savings Plan schemes is divided into two categories- Wealth Enhancement Plans and Wealth Management Plans. These plans are designed to ensure that you get the double benefit of savings and protection at the same time. These plans are easy to apply for and are flexible in terms of premium payment. Listed below are the types of Edelweiss Tokio Savings Plans.

Wealth Enhancement Plans

Listed below are the Wealth Enhancement Plans under Edelweiss Tokio Savings Plans.

Edelweiss Tokio Life – Dhan Nivesh Bima Yojana

This is an endowment insurance plan that is specially designed for individual who prefer to pay low premium.

Benefits

  • In case of accidental death of insured, 100% of the rider sum assured is paid to the nominee as death benefit
  • Guaranteed maturity benefit will be paid in case of survival at the end of the policy

Edelweiss Tokio Life – Wealth Enhancement Ace(ULIP)

It is a unit linked insurance plan that helps you maximise your returns along with providing life cover.

Benefits

  • The insured will be provided the option of choosing their sum assured amount depending on their life cover requirements
  • The policy offers various fund options to choose from. One can switch between funds whenever they want without any restrictions
  • Option to can for the policy through a single premium

Edelweiss Tokio Life – Single Pay Endowment Assurance Plan

It is an endowment assurance plan that lets you get guaranteed returns from a single payment.

Benefits

  • Offers a comprehensive cover of 10 times the premium amount
  • Tax free returns
  • Offers loan facility if required
  • Provides guaranteed returns after a fixed period of 10 years from the date of investment

Wealth Accumulation Plans

Listed below are the Wealth Accumulation Plans by the company.

Edelweiss Tokio Life – Cashflow Protection Plus

It is a non linked participating life insurance plan that provides lifelong cover till the age of 100 years.

Benefits

  • The plan offers discount for higher sum assured
  • One can avail a discount of 3% by purchasing the policy directly online from the company’s website
  • The plan offers policy loan once it attains surrender value

Edelweiss Tokio Life – Wealth Accumulation (Accelerated Cover)

It is a unit linked insurance plan that not only offers life cover but also offers risk protection.

Benefits

  • Allows the insured to pay premiums for a limited duration of time and avail long term benefits
  • Offers six types of funds with different risk profiles
  • Option to make partial withdrawals or avail loans

Edelweiss Tokio Life – Guaranteed Income Plan

It is a non linked, non participating endowment plan that helps you save for your family and children, all the while staying protected.

Benefits

  • The insured has to pay premium only for 15 years after which, they can enjoy the benefits of the plan for the next 15 years
  • Assured maturity benefit of 200% of each paid premium
  • Provides loan facility
  • Provides various riders to enhance your policy cover

Edelweiss Tokio Life – Save N Prosper (WA)

This plan offers various benefits such as tax benefits, discounts, bonuses along with adequate life cover

Benefits

  • Offers tax free maturity benefit which is equal to initial sum assured along with accumulated bonuses
  • Grants 90% of the surplus generated as bonus
  • Offers attractive discount for higher sum assured
  • Offers loan facility in case of unforeseen emergencies

Edelweiss Tokio Life – Safe N Sure Plan (WA)

It is a non linked, non participating endowment savings plan.

Benefits

  • The premium has to be paid only for 15 years
  • Offers discount for female members
  • Loan facility is available under this plan
  • Offers a variety of riders to enhance the overall cover of your plan

Edelweiss Tokio Life – Milestones Plan (WA)

It is a non linked, participating life insurance plan that offers the double benefit of protection and wealth accumulation.

Benefits

  • Takes care of your short term financial needs by offering regular cash back at pre determined policy years.
  • Offers death benefit which is equal to sum assured + accrued bonuses
  • Offers attractive discount on premiums for higher sum assured
  • Provides a wide range of riders to enhance your policy cover

Edelweiss Tokio Life – Wealth Builder

It is a non participating, non linked life insurance plan that lets you build on your wealth and avail life cover simultaneously.

Benefits

  • Offers additional benefits for higher premium
  • Offers Guaranteed Loyalty Additions
  • Provides loan facility
  • Riders to enhance your policy

Edelweiss Tokio Life – Wealth Accumulation (Cover Plus) (ULIP)

It is a non participating, unit linked life insurance plan that offers customised wealth accumulation solutions.

Benefits

  • The insured has the option of switching their accrued investment from one fund to another
  • Offers loan facility and partial withdrawals
  • Offers a wide range of fund options to invest in

Edelweiss Tokio Life – Wealth Accumulation (Privilege) (ULIP)

It is a unit linked insurance plan that comes with zero policy administration charges.

Benefits

  • No policy administration charges
  • Very low allocation charges
  • Offers the right to make partial withdrawals without any additional charges
  • Let’s the insured change the sum assured and premium payment term

Edelweiss Tokio Life – GCAP

It is a non linked, non participating unit linked life insurance policy that offers death benefit and maturity benefit.

Benefits

  • Offers additional benefits from the 9th year through guaranteed accrual benefits
  • Offers loan facility
  • Offers additional benefits if you opt for a higher premium

Edelweiss Tokio Life - Dhan Labh

It is a non linked, non participating life insurance policy which helps you save up for your long term financial goals.

Benefits

  • Offers guaranteed amount on maturity of the policy
  • Offers additional benefits from the 13th year of the policy
  • Provides a wide range of riders to make your policy cover better
  • Choice of various policy terms from 15 years to 30 years

Example

Ms. Sheshin wants a life insurance policy that not only offers life cover but also helps her save up for the future. She is also looking for tax benefits and bonuses from her policy. After comparing between the plans, she opts for Edelweiss Tokio Life- Safe N Prosper plan that offers adequate life cover, tax benefits, wealth accumulation opportunity through funds, bonuses and much more.

Useful tips

Edelweiss Tokio Life offers 16 kinds of Insurance plans which also acts as a saving tool to ensure that you build on your wealth while offering you protection at the same time. Each policy is unique and has something different to offer. It is wise to compare between all of the policies and choose the one that fits your insurance and wealth building needs.

GST of 18% is applicable on life insurance effective from the 1st of July, 2017

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Edelweiss Tokio Life Savings Plans Reviews

Page 1 of 1
  • Edelweiss Tokio
    "Good"
    0.5 4.0/5 "Great!"
    I do have a policy with EDELWEISS TOKIO LIFE INSURANCE and the total tenure period is 15 years. They are charging premium 20,000 rupees for a year. The payment mode is cash and its easy to pay it. The benefits are really good and opted for future savings.
    Was this review helpful? 0
    , visakhapatnam
    Reviewed on Sep 17, 2019
  • Edelweiss Tokio
    Edelweiss Tokio
    "Good growing company"
    0.5 4.0/5 "Great!"
    One of my friend is working edel weiss insurance and he has recommended me to take the term insurance policy with them. They have done all things on time and they have fixed an appointment for medical checked up. The coverage value is Rs. 1.5 crore and it covers upto 80 years. I have chosen the premium mode of monthly.
    Was this review helpful? 0
    , greater noida
    Reviewed on Jul 15, 2019
  • Edelweiss Tokio
    "So far good"
    0.5 4.0/5 "Great!"
    I have a health insurance with EDELWEISS TOKIO since 2014 because the premium is lower compared to others. I will get a msg before 10 days as a reminder for making the premium. The medical coverage is 7.5L and also accidental policy is covered for myself. They have more number of hospitals but have no claim.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jun 26, 2019
  • Edelweiss Tokio
    "Customer friendly"
    0.5 5.0/5 "Blown Away!"
    I took my life insurance with EDELWEISS TOKIO LIFE INSURANCE. The services are good, they have comparison study with different companies. They are providing a doorstep service and doing a comparison online. And they showed it lively to the customers. The benefits are good. The payment mode is convenient. I pay every month 11,200 rupees through online. The policy is for 7 years and the maturity period is 10 years.
    Was this review helpful? 0
    , chennai
    Reviewed on Nov 27, 2018
  • Edelweiss Tokio
    "Better Term Policy "
    0.5 5.0/5 "Blown Away!"
    `The EDELWEISS TOKIO LIFE INSURANCE company give very good service in terms of sending sms intimating the customer about the due dates. The customer support service is excellent with the EDELWEISS TOKIO LIFE INSURANCE company. I have the Life insurance policy with the Edelweiss for about 35 yrs.
    Was this review helpful? 0
    , hyderabad
    Reviewed on Apr 05, 2018
  • Edelweiss Tokio
    "Good "
    0.5 4.0/5 "Great!"
    I am having the life insurance policy with the Edelweiss Tokio life insurance company. I would like to say that the coverage value is good and everything is fine one too. Customer service is better one with the Edelweiss tokio life insurance company.
    Was this review helpful? 0
    , bangalore
    Reviewed on Mar 03, 2018
  • Edelweiss Tokio
    "Excellent"
    0.5 5.0/5 "Blown Away!"
    I do have life insurance policy with the Edelweiss lief insurance company and the customer service is far better, also I have experienced them as much good while compare with the other competitors in the market.
    Was this review helpful? 0
    , goa
    Reviewed on Oct 17, 2017
  • Edelweiss Tokio
    "Hamesa aapke saath"
    0.5 5.0/5 "Blown Away!"
    I have take a life insurance for my kids with EDELWEISS TOKIO LIFE INSURANCE. The insurance tenure is for 15 years and they secure the whole life of my kids even after the maturity period. In any time of my life,if any thing happens to me then the paid amount will be given to my family and can continue my insurance without any failure. One drawback regarding them is poor customer service.
    Was this review helpful? 0
    , allahabad
    Reviewed on Sep 23, 2017
  • Edelweiss Tokio
    "Easy process to buy insurance online"
    0.5 4.5/5 "Excellent!"
    I wanted a term plan and compared all plans available in the market. I bought edelweiss mylife+ online without any hassle. All process is easy and self explanatory. I am satisfied with the process and services offered by Edelweiss Tokio Life.
    Was this review helpful? 1
    , mumbai
    Reviewed on Aug 25, 2016
  • Edelweiss Tokio
    "Better policy"
    0.5 5.0/5 "Blown Away!"
    I have taken my life insurance from the Edelwiss tokio life insurance. I have taken a wealth builder plan from them. It covers accidental and hospital coverage. I only have to pay rupees 70 per month for this policy. I chose this policy only after looking into the coverage.
    Was this review helpful? 0
    , aurangabad
    Reviewed on May 26, 2016
  • Edelweiss Tokio
    "Good "
    0.5 4.0/5 "Great!"
    I do have the life insurance policy with the Edelweiss tokio life insurance company like its the term life insurance. Services are good with them and I dint found any issues with them. I am with them from the last five to six months of time.
    Was this review helpful? 0
    , bangalore
    Reviewed on Mar 25, 2016
  • Edelweiss Tokio
    "best"
    0.5 4.0/5 "Great!"
    In edelweiss tokoi life i have taken a term plan.We have to make the premium till our age of eight. Accidental and natural death coverage is been given.Policy coverage offered is one core. They are offering the premium waive off in case any unfortunate take place to the insurer. Payments can be done online.
    Was this review helpful? 0
    , vijayawada
    Reviewed on Nov 23, 2015
  • Edelweiss Tokio
    "Best in returns!!!"
    0.5 5.0/5 "Blown Away!"
    It is a fast growing company. Fund value is grown with this company. It is the best company to invest for ulip plan. I have taken this policy before three years and every year I will around 24% of returns which is good. With EDELWEISS TOKIO LIFE INSURANCE their service is proper. Premium amount is similar as like other company. Maturity is for 5 years I can also extend it for another 5 years. So it very good policy and we also get good returns.
    Was this review helpful? 0
    , mumbai
    Reviewed on Oct 23, 2015
  • Edelweiss Tokio
    "Good payment option"
    0.5 4.0/5 "Great!"
    I have selected EDELWEISS TOKIO LIFE INSURANCE because ICICI Executives recommended about this.I have taken a money back guarantee scheme with EDELWEISS TOKIO LIFE INSURANCE.Its basically a 20years plan and they have provided 10% as the interest for the and provide the amount after 4years.The payment option provided was really good.
    Was this review helpful? 0
    , bangalore
    Reviewed on Oct 16, 2015
  • Edelweiss Tokio
    "Good Benefits!"
    0.5 5.0/5 "Blown Away!"
    Premium of 25K is paid on yearly basis for the Edelweiss Tokio Life Insurance. The benefits are they are providing a good interest rate for the premium paid. The insurance tenure is of 10 years and I will be getting the money after maturity. There are additional benefits like accidental coverage .
    Was this review helpful? 0
    , bhubaneshwar
    Reviewed on Oct 14, 2015
  • Edelweiss Tokio
    "Need To Improve..."
    0.5 1.0/5 "Really Bad"
    It was a bad experience with edelweiss tokio term insurance. I applied for a policy through an online portal but they did not come up with their commitments so I canceled the same and took my money back. I did nit get any kind of response from them.
    Was this review helpful? 2
    , new delhi
    Reviewed on Sep 18, 2015
  • Edelweiss Tokio
    "Have invested in equity..."
    0.5 3.0/5 "Satisfactory"
    I have several life insurance plans and infact I have invested in equity. Whatever the amount that I am paying to Edelweiss Tokio Life insurance they deposit it in share market. My insurance coverage is of 4.20lakhs and that is for sure and I get 2.25lakhs after five years. Coverage is not that much appreciable.
    Was this review helpful? 0
    , nagpur
    Reviewed on Aug 11, 2015
  • Edelweiss Tokio
    "Go with edelweiss"
    0.5 4.0/5 "Great!"
    I took the term insurance from the edelweiss tokio life insurance company. Everything is good with them. The coverage is around 2 crores. All the things what I had with them is the risk coverage plan. So far I have not claimed anything. Experience is good with them and the documentation is also good.
    Was this review helpful? 1
    , pune
    Reviewed on Aug 01, 2015
  • Edelweiss Tokio
    "Pension plan "
    0.5 4.0/5 "Great!"
    I have recently taken a pension plan with Edelweiss tokio Life Insurance and the service provided is very good.This pension plan is for 15years and I pay around 24295Rs as the premium for this Insurance.They do provide coverage for 7Lakh in this Insurance and I do my premium payments through cheque.
    Was this review helpful? 0
    , rajkot
    Reviewed on Jul 24, 2015
  • Edelweiss Tokio
    "Good "
    0.5 3.5/5 "Pretty good"
    I have a Life Insurance with EDELWEISS TOKIO with which I got recently enrolled.Its basically a term Insurance and after reading the policy docs I felt the process is quite complicated and its a term Insurance were the benefits should go to my parents and they should not suffer in the last minute to complete the formalities of insurance.
    Was this review helpful? 2
    , pune
    Reviewed on Jun 04, 2015
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