Edelweiss Tokio Wealth Plus
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Lic New Children Money Back
- Choose your coverage tenure
- Multiple sum assured options
- Enhance coverage with add-ons
| PLAN DETAILS |
1132-1737707018.webp){kind=logo} Edelweiss Tokio Wealth Plus |
 Lic New Children Money Back |
| Premium Including GST | ||
| Key Features (Key features of the plan) |
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| Plan Uniqueness |
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| Plan Maturity age | Maximum Maturity Age - 70 years | Maximum Maturity Age - 25 years |
| Premium payment term | 5 years to (Policy term-1) | 25 minus Age at Entry |
| Plan Entry Age | Minimum Age - 1 year Maximum Age - 55 years | Minimum Age - 0 years Maximum Age - 12 years |
| Sum assured | Higher of 10 x annualized premium or 0.5 x policy term x annual premium | Rs 1 lakh to No limit |
| Premium payment frequency | Annual, half-yearly, quarterly & monthly | Annual, half-yearly, quarterly & monthly |
| Plan Sample Premium | - | - |
| Plan Brochure | Brochure URL | Brochure URL |
| Policy tenure | Minimum term - 10 years Maximum term - 20 years | 25 minus Age at Entry |
| Claim Settlement Ratio (2023-24) | Minimum Age - 91 day | 98.62 |
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LIC New Children Money Back Plan 932 Details |
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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 choice of 7 unit-linked fund options to match your risk appetite and financial goals.
To ensure 100% of the premium you pay is allocated to the fund, the insurer provides additional allocation yearly, such as extra allocation and premium booster. The product offers a life stage & duration-based strategy and self-managed strategy. If you opt for a self-managed strategy, you can opt for unlimited switches or redirection free of cost.
With the Rising Star benefit feature, you can be ready to cater to your child's future financial needs. In this benefit, the policyholder can be a parent, grandparent, or guardian, and life insured should be a child. With the Wealth Plus plan, you can even invest your lump sum money as a top-up premium over and above the premium to increase your fund value.
Edelweiss Tokio Life Wealth Plus Plan offers you a range of benefits including:
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