Edelweiss Tokio Investment Plans vs Aviva Life

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Edelweiss Tokio Investment Plans vs Aviva Life

Edelweiss Tokio Investment Plans

Edelweiss Tokio Investment Plans allows policyholders to generate returns on their investment along with a life cover to make sure their loved ones are financially secure.

Aviva Life

Aviva India Life Insurance Company is a joint venture between Aviva Plc and Dabur Invest Corporation. The company initiated unit-linked and uniform participating plans in India.

COMPANY DETAILS Edit Edelweiss Tokio Investment Plans

Edelweiss Tokio Investment Plans

Edit  Aviva Life Insurance Company Limited

Aviva Life

Rating
Number of life insurance plans and add-ons
Annual Premiums Collected (2023-24)

Annual Premiums Collected (2023-24)

Rs 2 lakh to No limit

Annual Premiums Collected (2023-24)

1317.45 Cr
Payout Options

Payout Options

-

Payout Options

Lump sum, fixed payouts, or a combination of both
Claim ratio

Claim ratio

Minimum Age - 91 day%

Claim ratio

98.3%
Solvency Ratio

Solvency Ratio

100 years

Solvency Ratio

1.8
Branches

Branches

Annual, half-yearly,

Branches

122+
Riders Available

Riders Available

100 minus age of sum insured

Riders Available

Accidental Death Benefit Rider, Critical Illness Rider, Waiver of Premium Rider, Disability Income Rider
Policy Term

Policy Term

10 to 25 years

Policy Term

10 to 40 years

Know More About Companies

Overview

Edelweiss Tokio Investment Plans: Overview

Edelweiss Life Insurance- a joint venture between Edelweiss (an Indian financial services company) and Tokio Marine- (a Japanese life insurance company) was established in 2011 to provide a range of insurance solutions including term plans, child plans, education plans, retirement plans, etc.

Edelweiss Tokio Investment Plans are designed to help policyholders build a corpus amount by investing a certain amount every year along with a life cover to provide financial protection. They usually provide a fixed maturity benefit amount at the end of the policy term. Read more to find out about the various Edelweiss Tokio investment plans.

Edelweiss Tokio Investment Plans ensures to look after your investment needs by offering:

why-choose
  • Wealth Builder

  • Life Coverage

  • Flexible Plan Options

  • Systematic Savings

Riders

Riders You Can Avail With Aviva Life Insurance Plans

Name of the Riders Benefits
Accidental Death Benefit Rider Accidental Death Benefits Rider by Aviva Term Insurance offers extra sum assured to the nominee of the policyholder, in case of death caused by any accident during the rider term.
Critical Illness Rider n Critical illness rider, sum assured will be given to policyholder in advance if he/she is diagnosed with any of the listed critical illness diseases such as cancer, Kidney failure, heart disease etc.
Waiver of Premium Rider In waiver of premium rider, the policyholder future premiums will be waived off in case of permanent disability of body caused by any reason. In waiver of premium rider the insurance companies will wait for 6 months to finalize the premium waiver. If the customer is still not able to work , the rider will be triggered.
Disability Income Riders In a disability income rider, the policy holder will get a regular income, if their body is disabled due to any of the reasons and is not able to work anymore. Disability income rider helps the policyholder to meet their present expenses in case of disability of the body.

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Edelweiss Tokio Investment Plans allows policyholders to generate returns on their investment along with a life cover to make sure their loved ones are financially secure.

Investment Plan Plans

Investment Plan

Edelweiss Tokio Flexi Savings Plan is a flexible savings plan that helps you save money for future goals along with a life cover that protects your fa...

Unique Features

  • 3 Plan options to choose from
  • Bonuses
  • Premium discontinuance

Edelweiss Tokio Life Flexi Savings (Pros)

Edelweiss Tokio Life Flexi Savings
  • Death benefits
  • Maturity benefits
  • Multiple plan options to choose from

Edelweiss Tokio Life Flexi Savings (Cons)

Edelweiss Tokio Life Flexi Savings
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

Edelweiss Tokio Life Flexi Savings (Other Benefits)

Edelweiss Tokio Life Flexi Savings
  • Premium discontinuance
  • Life cover continuation
  • Bonuses

Edelweiss Tokio Life Flexi Savings (Eligibility Criteria)

Edelweiss Tokio Life Flexi Savings
  • Minimum entry age- 0 year
  • Maximum entry age- 55 years
  • Minimum sum assured- Rs 3
  • 50
  • 000
  • Maximum sum assured- No limit
  • Maximum policy term- 30 years

Investment Plan

Edelweiss Tokio Life Guaranteed Savings Star plan is a guaranteed savings plan with assured life cover and stable returns. The plan also comes with a ...

Unique Features

  • 2 Plan Options
  • Assured Returns
  • In-built CI Cover

Edelweiss Tokio Guaranteed Savings Star (Pros)

Edelweiss Tokio Guaranteed Savings Star
  • 2 Plan Options
  • Assured Returns
  • In-built CI Cover

Edelweiss Tokio Guaranteed Savings Star (Cons)

Edelweiss Tokio Guaranteed Savings Star
  • Consumption of any intoxicants
  • Death due to any aviation accident
  • Death due to any adventurous sports.

Edelweiss Tokio Guaranteed Savings Star (Other Benefits)

Edelweiss Tokio Guaranteed Savings Star
  • Two plan options
  • Affordable premiums
  • Tax benefits

Edelweiss Tokio Guaranteed Savings Star (Eligibility Criteria)

Edelweiss Tokio Guaranteed Savings Star
  • Entry Age: Minimum Age - 18 years Maximum Age - 100 years
  • Maximum Maturity Age - 100 years
  • SA: No limit

Investment Plan

Edelweiss Tokio Life Premier Guaranteed Income is an endowment plan. It offers life coverage along with the guaranteed return of premium. Along with m...

Unique Features

  • Pay premiums for 15 years
  • 200% benefit at maturity
  • Enhanced protection riders.

Edelweiss Premier Guaranteed Income (Pros)

Edelweiss Premier Guaranteed Income
  • Pay premiums for 15 years
  • 200% benefit at maturity
  • Enhanced protection riders

Edelweiss Premier Guaranteed Income (Cons)

Edelweiss Premier Guaranteed Income
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

Edelweiss Premier Guaranteed Income (Other Benefits)

Edelweiss Premier Guaranteed Income
  • Policy loan
  • Tax benefits
  • Family income benefits

Edelweiss Premier Guaranteed Income (Eligibility Criteria)

Edelweiss Premier Guaranteed Income
  • Minimum entry age- 3 year
  • Maximum entry age- 50 years
  • Minimum sum assured- Rs 5
  • 00
  • 000
  • Maximum sum assured- No limit
  • Maximum policy term- 15 years

Investment Plan

Edelweiss Tokio Guaranteed Income Star offers you dual benefits- death benefits to your family in case of your uncertain demise and maturity benefits ...

Unique Features

  • Two income options
  • Assured returns
  • Family income benefits

Edelweiss Tokio Guaranteed Income Star (Pros)

Edelweiss Tokio Guaranteed Income Star
  • Two income options
  • Assured returns
  • Family income benefits

Edelweiss Tokio Guaranteed Income Star (Cons)

Edelweiss Tokio Guaranteed Income Star
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

Edelweiss Tokio Guaranteed Income Star (Other Benefits)

Edelweiss Tokio Guaranteed Income Star
  • Maturity Benefit
  • Death Benefit
  • Tax Benefit

Edelweiss Tokio Guaranteed Income Star (Eligibility Criteria)

Edelweiss Tokio Guaranteed Income Star
  • Minimum entry age- 0 year
  • Maximum entry age- 60 years
  • Minimum sum assured- Rs 6
  • 00
  • 000
  • Maximum sum assured- No limit
  • Maximum policy term- 42 years

Investment Plan

Savings Alone Won't Work Invest Smartly with Edelweiss Tokio Life Wealth Secure Plus. Edelweiss Life Wealth Secure Plus is a unit-linked savings plan....

Unique Features

  • 3 Plan Options
  • Earn Additional Rewards
  • Boost Wealth With Top-up

Edelweiss Tokio Wealth Secure Plus (Pros)

Edelweiss Tokio Wealth Secure Plus
  • Additional Allocations
  • Extra Allocation
  • Premium Booster

Edelweiss Tokio Wealth Secure Plus (Cons)

Edelweiss Tokio Wealth Secure Plus
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

Edelweiss Tokio Wealth Secure Plus (Other Benefits)

Edelweiss Tokio Wealth Secure Plus
  • Maturity Benefit
  • Death Benefit
  • Tax Benefit

Edelweiss Tokio Wealth Secure Plus (Eligibility Criteria)

Edelweiss Tokio Wealth Secure Plus
  • Minimum entry age- 0 year
  • Maximum entry age- 60 years
  • Minimum sum assured- Rs 1
  • 00
  • 000
  • Maximum sum assured- Higher of 10 x annualized premium
  • Maximum policy term- 25 years

Investment Plan

Edelweiss Tokio Life Wealth Plus is a unit-linked savings plan that allows you to invest and generate wealth through unit-linked funds. It offers a ch...

Unique Features

  • Choice of Fund Options
  • Protect your Kids Future
  • Boost Wealth With Additions

Edelweiss Tokio Wealth Plus Plan (Pros)

Edelweiss Tokio Wealth Plus Plan
  • Additional Allocations
  • Extra Allocation
  • Premium Booster

Edelweiss Tokio Wealth Plus Plan (Cons)

Edelweiss Tokio Wealth Plus Plan
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

Edelweiss Tokio Wealth Plus Plan (Other Benefits)

Edelweiss Tokio Wealth Plus Plan
  • Maturity Benefit
  • Death Benefit
  • Tax Benefit

Edelweiss Tokio Wealth Plus Plan (Eligibility Criteria)

Edelweiss Tokio Wealth Plus Plan
  • Minimum entry age- 1 year
  • Maximum entry age- 55 years
  • Minimum sum assured- Rs 1
  • 00
  • 000
  • Maximum sum assured- Higher of 10 x annualized premium
  • Maximum policy term- 20 years
Naval Goel

Reviewed By: Naval Goel

Naval Goel is the CEO & founder of PolicyX.com. Naval has an expertise in the insurance sector and has professional experience of more than a decade in the Industry and has worked in companies like AIG, New York doing valuation of insurance subsidiaries. He is also an Associate Member of the Indian Institute of Insurance, Pune. He has been authorized by IRDAI to act as a Principal Officer of PolicyX.com Insurance Web Aggregator.