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Saving Advantage Plan vs Edelweiss Tokio Life Flexi Savings

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Saving Advantage Plan vs Edelweiss Tokio Life Flexi Savings

Saving Advantage Plan

Save More, Live Better with Axis Max Life Savings Advantage Plan Whether aiming for a new car or your daughter's dream wedding, savings alone won't do it; you need to grow your money to reach your future goals. That's why Axis Max Life launched an Axis Max Life Savings Advantage Plan. It helps you g...

Edelweiss Tokio Life Flexi Savings

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 family even in your absence. There are three plan options available for policyholders to choose from- Flexi-income plan option, Flexi-income pro plan op...

PLAN DETAILS

Saving Advantage Plan


Edelweiss Tokio Life Flexi Savings

Premium Including GST
Key Features
(Key features of the plan)
  • 5.5% Guaranteed Additions
  • Three In-built Riders
  • Annual/Terminal Bonus
  • 3 Plan options to choose from
  • Bonuses
  • Premium discontinuance
Plan Uniqueness
  • 5.5% Guaranteed Additions
  • Three In-built Riders
  • Annual/Terminal Bonus
  • Three plan options to choose from
  • Bonuses
  • Premium discontinuance
Plan Maturity age Maximum Maturity Age - 80 years Maximum Maturity Age - 100 years
Premium payment term 5,12 years 5,8,10,12,15 years
Plan Entry Age Minimum Age - 91 days Maximum Age - 65 years Minimum Age - 0 year Maximum Age - 55 years
Sum assured No limit Rs 3,50,000 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 - 30 years Minimum term - 10 years Maximum term - 30 years
Claim Settlement Ratio (2024-25) Minimum Age - 5 year Minimum Age - 91 day

Know More About Plans

Save More, Live Better with Axis Max Life Savings Advantage Plan

Whether aiming for a new car or your daughter's dream wedding, savings alone won't do it; you need to grow your money to reach your future goals. That's why Axis Max Life launched an Axis Max Life Savings Advantage Plan. It helps you grow your savings to build wealth and achieve your future goals while providing life coverage against unfortunate death. 

Apart from the lump sum death or maturity benefit payout, this plan offers you 5.5% of Guaranteed Additions at the end of each policy year for the first 5 policy years to boost your sum assured amount. 

Even the life insurance plan offers flexibility to select payout options, such as lump sum or monthly income. On the unfortunate death of an insured person during the policy, a sum of the guaranteed death benefit, guaranteed additions (if any), and Terminal Bonus (if any) shall be payable to the nominee.

Axis Max Life Savings Advantage Plan offers you a range of benefits including:

why-choose
  • Flexibility to choose premium payment terms
  • Guaranteed additions
  • Flexible policy tenure
  • Cash bonuses

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