Edelweiss Tokio Investment Plans vs Icici Prudential

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Edelweiss Tokio Investment Plans vs Icici Prudential

COMPANY DETAILS Edit Edelweiss Tokio Investment Plans

Edelweiss Tokio Investment Plans

Edit ICICI Prudential Life Insurance

Icici Prudential

Rating
Number of life insurance plans and add-ons
Annual Premiums Collected (2024-25)

Annual Premiums Collected (2024-25)

Rs 2 lakh to No limit

Annual Premiums Collected (2024-25)

950.71 cr
Payout Options

Payout Options

-

Payout Options

Lump sum, monthly, or a combination of both
Claim ratio

Claim ratio

Minimum Age - 91 day%

Claim ratio

99.3%%
Solvency Ratio

Solvency Ratio

100 years

Solvency Ratio

2.12
Branches

Branches

Annual, half-yearly,

Branches

506
Riders Available

Riders Available

100 minus age of sum insured

Riders Available

Terminal Illness Benefit, Income Benefit Rider, Waiver of Premium, Critical Illness Benefit, Permanent and Partial Disability Benefit, Accidental Death Benefit
Policy Term

Policy Term

10 to 25 years

Policy Term

5 to 40 years
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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. It provides a range of insurance solutions, including term plans, child plans, education plans, and retirement plans.

Edelweiss Tokio Investment Plans are designed to help policyholders build a corpus by investing a certain amount every year, along with providing a life cover for financial protection. These plans typically offer a fixed maturity benefit at the end of the policy term.

Edelweiss Tokio Investment Plans cater to your investment needs by offering:

  • Wealth Builder
  • Life Coverage
  • Flexible Plan Options
  • Systematic Savings

Riders

Riders You Can Avail With ICICI Life Insurance Plans

Name of the RiderBenefits
ICICI Prudential Accidental Death RiderOffers an additional payout if the insured dies due to an accident during the policy tenure.
ICICI Prudential Critical Illness Plus RiderA lump sum is offered if the policyholder is diagnosed with any of the critical illnesses mentioned in the policy document.
ICICI Prudential Permanent & Partial Disability RiderThe insurance company pays a certain sum assured for the next five or ten years in case of permanent or partial disability.
ICICI Prudential Income Benefit RiderOffers a regular source of income to the family in case of the policyholder's demise or disability.
ICICI Prudential Waiver of Premium RiderWaives all future premiums in case of the policyholder’s death, ensuring policy benefits remain unchanged.

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Edelweiss Tokio Investment Plans

Edelweiss Tokio Investment Plans allow policyholders to generate returns on their investments while providing a life cover to ensure their loved ones are financially secure.

Investment Plan Plans

Investment Plan

Edelweiss Tokio Flexi Savings Plan is a flexible savings plan designed to help you save for future goals while providing life cover for your family. I...

Unique Features

  • Three 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
  • Pre-existing conditions not covered
  • Suicide 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 years
  • 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
  • Minimum entry Age - 18 years
  • Maximum Age - 100 years
  • Sum Assured: No limit

Investment Plan

Edelweiss Tokio Life Premier Guaranteed Income is an endowment plan. It offers life coverage along with a guaranteed return of premium. In addition to...

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 coverage for pre-existing conditions
  • Suicide 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 years
  • Maximum entry age: 50 years
  • Minimum sum assured: Rs 5 crore
  • Maximum sum assured: No limit
  • Maximum policy term: 15 years

Investment Plan

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

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
  • Pre-existing conditions not covered
  • 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 years
  • Maximum entry age - 60 years
  • Minimum sum assured - Rs 6 crore
  • 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 coverage for pre-existing conditions
  • Suicide 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 years
  • Maximum entry age: 60 years
  • Minimum sum assured: Rs 1crore
  • 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

ICICI Prudential Life Insurance

ICICI Prudential is among the most dominant players in India's insurance sector, having commenced operations in 2001. ICICI Prudential Life is promoted by ICICI Bank Limited and Prudential Corporation Holdings Limited.

ICICI Investment Plans Plans

ICICI Investment Plans

ICICI Pru Signature is a ULIP that combines life cover with wealth creation, helping you protect your family while growing your investments. It provid...

Unique Features

  • Life Cover
  • Wealth Boosters
  • Return of Premium Allocation Charges

ICICI Pru Signature Plan (Pros)

ICICI Pru Signature Plan
  • Return of Premium Allocation Charges
  • Systematic Withdrawal Plan (SWP)

ICICI Pru Signature Plan (Cons)

ICICI Pru Signature Plan
  • 1-Year Waiting Period for Suicide
  • No Policy Loans
  • No Coverage for Pre-existing Conditions

ICICI Pru Signature Plan (Other Benefits)

ICICI Pru Signature Plan
  • Improved wealth creation
  • Transparent charge structure
  • Long-term protection

ICICI Pru Signature Plan (Eligibility Criteria)

ICICI Pru Signature Plan
  • Entry Age: 0 Years
  • Maximum Entry Age: 70 Years
  • Minimum Sum Assured: 1.25 X Single Premium (for 0-39 years) / 10 X Single Premium (for 40 years and above)
  • Maximum Maturity Age: 99 Years
  • Premium Payment Term: Regular Pay (RP) / Single Pay (SP) / Limited Pay (LP)
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.