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Edelweiss Tokio Investment Plans
Edelweiss Tokio Flexi Savings Plan is a flexible savings plan that hel ...Read More
A quick read on what this Edelweiss Tokio Investment Plans term plan covers and why it might be a fit for you.
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. It offers three plan options: Flexi Income Plan Option, Flexi Income Pro Plan Option, and Lump Sum Plan Option.
Edelweiss Tokio Flexi Savings Plan offers a range of benefits:
A quick honest summary — the strengths and the trade-offs.
Eligibility criteria pulled straight from the policy wording.
Waiting periods are generally not applicable to investment-linked life insurance plans for benefits like maturity or death. However, a suicide exclusion clause typically applies for a period of 12 months from policy inception.
Calculate Premiums for Edelweiss Tokio Life Flexi Savings Plan
The premium for the Edelweiss Tokio Life Flexi Savings Plan depends on various factors such as age, policy term, sum assured, and chosen plan option. To get an accurate premium quote tailored to your needs, please use our online premium calculator or contact a PolicyX advisor.
Key features that make Edelweiss Tokio Life Flexi Savings stand out.
Free-look period
This plan offers a 15-day free-look period from the purchase date, allowing policyholders to cancel their policy if not satisfied. The premium paid will be returned.
Grace period
The grace period allows you to pay missed premiums with minimal charges. For monthly premium payments, the grace period is 15 days, while for quarterly, half-yearly, and yearly payments, it is 30 days.
Policy loan
You can avail of a loan against your policy once it acquires a surrender value. The maximum loan amount is 60% of the surrender value.
Surrender value
You can surrender your policy once it acquires the surrender value. This typically happens if you have paid premiums for at least two continuous policy years.
Keep these documents handy when applying for Edelweiss Tokio Life Flexi Savings.
Photo ID Proof
Photo ID Proof (any one): Passport, Aadhaar card, PAN card, Driving license.
Age Proof
Age Proof (any one): Passport, Aadhaar card, PAN card, Driving license.
Address Proof
Address Proof (any one): Utility bill, passport, voter ID, ration card.
Medical Records
Medical Records of the policyholder if requested.
Income Proof
Income Proof (any one): Bank statement, last three months' salary slips (if salaried).
Given below are some exclusions of the Edelweiss Tokio Flexi Savings Plan:
Here are the key features of the Edelweiss Tokio Life Flexi Savings.
| What’s Good Here | What’s Missing |
|---|---|
| Choice of plan option | Premium Offset |
| Partial withdrawals | Policy Loan |
| Maturity Benefit | Auto cover continuance |
| Life cover continuation | Top-up premium |
Edelweiss Tokio Life Flexi Savings is an ideal plan if you are looking to save money for future goals while also securing a life cover benefit. This plan offers three options: Flexi Income Option, Flexi Income Pro Option, and Lump Sum Option. If you need assistance in choosing the right plan, you can contact PolicyX.com. Our insurance advisors will understand your requirements and help you select a plan that best suits your needs.
The 5 most-asked questions about Edelweiss Tokio Life Flexi Savings, answered.
PolicyX content is researched in-house and reviewed by an IRDAI-certified insurance specialist before publication.
Select a company and plan for each side to see a detailed side-by-side comparison.
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