In 2011, the importance of ULIP plans was taking off the ground and the people were getting eager to get their hands on them. Fortunately, there were a few companies in the market who offered ULIP plans but their services were not majestic. To grab the opportunity, two companies (Edelweiss & Tokio Marine) decided to come together to tackle this problem. Edelweiss Tokio Life Insurance Company entered the market with a core motive- delivery of best products & prompt settlement of genuine claims through a hassle-free, fair and transparent process.
Speaking of products, Edelweiss Tokio has a great line-up of plans that give their competitors a run for their money. The most impressive of them is its ULIP plans. Let’s have a brief look at them.
The main objective of this plan is to stock up your investments which are sufficient enough to entertain your expenses in the future.
Benefits
Eligibility
Factors | Eligibility | ||
Variants | Base | Life Partner | Child |
Minimum entry age | 0 years | 18 years | 18 years |
Maximum entry age | 60 years | 50 years | 40 years |
Minimum maturity age | 18 years | 23 years | |
Maximum maturity age | 70 years | 60 years |
A future old you will feel relaxed and happy by having considerable savings to dispose of. For that, you require a solid investment strategy. Fortunately, this plan can structure that for you. It will make sure that you and your future generations have a financial roof over your head.
Benefits
Eligibility
Factors | Eligibility | |
Premium payment term | Less than 10 years | Equal to/more than 10 years |
Minimum entry age | 0 years | |
Maximum entry age | 45 years | 50 years |
Minimum maturity age | 18 years | |
Maximum maturity age | 70 years |
It is an unit-linked plan that creates a workable financial strategy (keeping your expectations in mind) that helps to raise your investments to keep your future monetary worries away.
Benefits
Eligibility
Factors | Eligibility | |
Policy term | 10 years | 20 years |
Minimum entry age | 1 year | |
Maximum entry age | 55 years | |
Minimum maturity age | 18 years | |
Maximum maturity age | 70 years |
This policy runs on the ground of 2 rules- to maximize your investment for future needs & to protect your investment from market volatilities.
Benefits
Eligibility
Factors | Eligibility (as per premium payment terms) |
Minimum entry age | 0-18 years |
Maximum entry age | 17-70 years |
Minimum maturity age | 18-100 years |
Maximum maturity age | 70-100 years |
It takes patience and persistence to build an empire of investments. Sadly, only a few people can show consistency with such factors and get positive results. But things are going to change, thanks to this plan. It will smartly invest your money to build a high mountain of investments to look after your future financial requirements.
Benefits
Eligibility
Factors | Eligibility |
Premium payment term | 5, 7, 10 & 12 years |
Minimum entry age | 91 days |
Maximum entry age | 55 years |
Minimum maturity age | 18 years |
Maximum maturity age | 70 years |
It is a non-participating & non-linked endowment plan tasked to build and protect the investments of the insured.
Benefits
Eligibility
Factors | Eligibility |
Minimum entry age | 1 year |
Maximum entry age | 50 years |
Minimum maturity age | 18 years |
Maximum maturity age | 65 years |
Minimum sum assured | Rs.50,000 |
Maximum sum assured | Rs.10,00,000 |
The 21st century is the age of frauds. Daily, people are advised to stay alert while doing a transaction with a company/brand. In the insurance sector, many companies hover around people. Keeping safety in mind, people prefer to interact and deal with popular brands for a ULIP plan. If we speak about Edelweiss Tokio, it’s not just the brand name which makes it the best choice for a ULIP plan.
The company works with a strong & dedicated in-house team of experts who have an awesome track record of serving its customers with the best possible solutions. Due to this, Edelweiss Tokio has a solid customer asset base of 2 lakh crores. All of this clubbed with 20 years of experience in managing customer assets gives you every reason to take a leap of faith in Edelweiss Tokio ULIP plans.
ULIP plans have a direct connection with the share market. So, it is obvious that its performance is market-driven.
You only need 3 documents- identity proof, residence proof & bank account proof.
You can login on the company’s website, enter your policy number & visit your profile to check the results.
Last updated on 06-11-2020