Policyholder has to fill up an `Application form/ proposal form with accurate medical history. Edelweiss Tokio Life launches My Life+
On death, under Option A, 5 times the Single premium is paid and under Option B, 10 times the Single premium is paid to the nominee On maturity, guaranteed benefit of 2 * single premium for ages 18-35 yrs., 1.90 * single premium for ages 36-40 yrs. and 1.80*single premium for ages 41-45 years is paid under Option A Under Option B, 1.86 * Single premium for ages 18-35 yrs. and 1.66*single premium for ages 36-40 years is paid Income tax benefit on the premium paid as per Section 80C and on the claims received as per Section 10(10D) of the Income Tax Act.
https://insuremile.in/edelweiss-tokio-life-ulip-plans/ urllinkcontent: Life Insurance – Compare Edelweiss Tokio Unit Insurance Plans – Insuremile nextrowlinkcontent https://insuremile.in/edelweiss-tokio-life-single-pay-endowment-assurance-plan/ urllinkcontent: Life insurance – Compare Life Single Pay Endowment Assurance Plans – Insuremile nextrowlinkcontent https://insuremile.in/wealth-builder-plan/ urllinkcontent: Life Insurance – Compare Aviva Wealth Builder Unit Insurance Plans – Insuremile nextrowlinkcontent https://insuremile.in/shubh-labh-plan/ urllinkcontent: Life Insurance – Compare Canara HSBC Shubh Labh Unit Insurance Plans – Insuremile nextrowlinkcontent https://insuremile.in/edelweiss-tokio-life-term-insurance-plans/ urllinkcontent: Life Insurance – Compare Edelweiss Tokio Term Insurance Plans – Insuremile nextrowlinkcontent https://insuremile.in/wealth-accumulation-accelerated-cover-plan/ urllinkcontent: General insurance – compare Edelweiss Tokio Life Wealth Accumulation personal accident insurance – insureMile nextrowlinkcontent https://insuremile.in/mylife-plus-plan/ urllinkcontent: Life insurance – Compare Edelweiss Tokio Life MyLife+ Term Insurance Plans – Insuremile nextrowlinkcontent https://insuremile.in/pension-plan/ urllinkcontent: Life insurance – Compare Edelweiss Tokio Life Pension Retirement Insurance Plans – Insuremile nextrowlinkcontent https://insuremile.in/raksha-kavach/ urllinkcontent: General insurance – Compare Edelweiss Tokio Life Raksha Kavach- Insuremile nextrowlinkcontent https://insuremile.in/edelweiss-tokio-life-save-n-prosper-plan/ urllinkcontent: Life insurance – Compare Edelweiss Tokio Life Save n Prosper Assurance Plans – Insuremile nextrowlinkcontent
Policy Details Grace Period: grace period is not applicable Policy Termination or Surrender Benefit: Policyholder is allowed to surrender the policy from the 2nd policy year. The Surrender Value will be calculated as a % of the Maturity Benefit ranging from 46% – 92% depending on the year of Surrender Free Look Period: If you would not be pleased with the coverage, and terms and conditions of the policy, you have the option of canceling the policy within 15 days of receipt of the policy documents, provided there has been no claim. Exclusions In case of suicide committed within one year of policy issuance, 90% of the single premium paid is refundable.
Introduction/Overview Edelweiss Tokio Life Dhan Nivesh Bima Yojana is a traditional Endowment micro insurance plan designed for rural population which provides life insurance coverage and savings facility at low rates. Key Features It is a Single Premium plan with low premiums Guaranteed Maturity and /or death benefits depending on the amount of premium invested There are 2 death benefit options of A and B
