Buy Policy in just 2 mins
2 lakh + Happy Customers
Free Comparison
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 option, and Large sum plan option.
Edelweiss Tokio Flexi Savings Plan offers you a range of benefits including:
Minimum Age - 0 year Maximum Age - 55 years
Maximum Maturity Age - 100 years
Minimum term - 10 years Maximum term - 30 years
5,8,10,12,15 years
Annual, half-yearly, quarterly & monthly
Rs 3,50,000 to No limit
Let's understand how the Edelweiss Tokio Life Flexi Savings works with a simple premium illustration.
Mr. Verma is looking for an Investment plan that helps him create a lump sum amount to fulfill his financial needs.
His financial advisor advised him to buy the Edelweiss Tokio Life Flexi Savings. He visited PolicyX.com
Let's understand how the Edelweiss Tokio Life Flexi Savings Plan works for him with a premium illustration table.
Age of policyholder | Annual Premium | Policy tenure | Premium Payment Tenure | Maturity Benefits |
30 years | Rs 10,000 | 70 years | 20 years | Rs 28,72,876 |
Key Takeaways: At the end of the policy tenure the maturity benefits of Rs 28,72,876 are paid to the policyholder.
Here are some features of Edelweiss Tokio Life Flexi Savings:
This plan offers a 15-day free-look from the purchase period to the policyholders to cancel their policy if they are not satisfied with the same. The premium paid by them would be returned to the policyholder.
The grace period allows you to pay your missed premiums with minimal charges. The grace period offered in case of monthly premium payments is 15 days while it is 30 days in case of quarterly, half-yearly, and yearly payments.
You can avail of a loan against your policy once it acquires the surrender value. The amount of the loan is a maximum of 60% of the surrender value.
You can surrender your policy once it acquires the surrender value. If you have paid premiums for at least two continuous policy years it acquires a surrender value.
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 fa...
Unique Features
Edelweiss Tokio Life Guaranteed Savings Star plan is a guaranteed savings plan with assured life cover and stable returns. The plan also comes with a ...
Unique Features
Edelweiss Tokio Life Premier Guaranteed Income is an endowment plan. It offers life coverage along with the guaranteed return of premium. Along with m...
Unique Features
Edelweiss Tokio Guaranteed Income Star offers you dual benefits- death benefits to your family in case of your uncertain demise and maturity benefits ...
Unique Features
Savings Alone Won't Work Invest Smartly with Edelweiss Tokio Life Wealth Secure Plus. Edelweiss Life Wealth Secure Plus is a unit-linked savings plan....
Unique Features
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 ch...
Unique Features
There are various benefits to buying the Edelweiss Tokio Life Flexi Savings Plan. Let’s understand each of them in detail:
Here is the list of documents required to buy the Edelweiss Tokio Life Flexi Savings Plan:
Photo ID Proof (either of one) - Passport, Aadhaar card, PAN card, Driving license.
Age Proof (either of one) - Passport, Aadhar card, PAN card, Driving license.
Address Proof (either of one) - Utility bill, passport, voter ID, ration card.
Medical Records of the policyholder if requested.
Income Proof ( either of one) - bank statement, last three months' salary slips (if you are salaried).
You can buy the Edelweiss Tokio Life Flexi Savings official website or one of their nearest branch offices.
Visit the official website of PolicyX.com.
Hover on the ‘Life Insurance’ tab.
Choose the Investment plan you want to buy.
Fill out the form at the top of the page with the necessary details.
Select your income and city. Click on 'Proceed'.
Update your education and occupation details.
Choose your preferred plan and click on 'Buy this plan'.
Select the policy term, premium period, investment amount, and riders (if required), and then proceed to pay.
Visit the official website of Edelweiss Tokio Life Insurance.
Hover over the 'Our Products' from the top of the menu.
Click on the Edelweiss Tokio Flexi Savings.
Click on ‘Buy Now’ and you will be redirected to a new page.
Enter your name and contact information. One of their representatives will reach out to you and discuss the quotes.
Once discussed you can make the premium payment and get the policy documents.
You can buy the Edelweiss Tokio Flexi Savings Plan offline by visiting one of their nearest branch offices. One of their representatives will help you buy the plan.
Given below are some exclusions of the Edelweiss Tokio Flexi Savings Plan-
Suicide within 12 months of the policy purchase is not covered.
Consumption of any intoxicants.
Death due to any aviation accident.
Death due to any adventurous sports.
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 the right plan for you if you are looking for a plan that helps you save money to complete your future goals along with a life cover benefit. There are three plan options available under this plan including Flexi Income Option, Flexi Income Pro Option, and Lump sum option. If you are still confused about whether this plan is right for you or not you can contact us at PolicyX.com. One of our insurance advisors will understand your requirements and help you choose a plan that best suits your requirements.
A flexi savings plan by Edelweiss Life Insurance helps you save money for the future and an insurance cover to protect your family financially even in your absence.
There are three plan options available under the Edelweiss Tokio life Flexi Savings plan including- Flexi Income, Flexi Income Pro, and Lump sum option.
There are multiple rider options available with the Guaranteed Income Star Plan:  1. Edelweiss Tokio Life - Accidental Death Benefit Rider 2. Edelweiss Tokio Life - Accidental Total and Permanent Disability Rider 3. Edelweiss Tokio Life - Hospital Cash Benefit Rider 4. Edelweiss Tokio Life - Critical Illness Rider 5. Edelweiss Tokio Life - Waiver of Premium Rider 6. Edelweiss Tokio Life - Payor Waiver Benefit Rider
You can buy the Edelweiss Tokio Life Flexi Savings plan either through their official website or by visiting one of their nearest branch offices.
The maximum maturity age of the Edelweiss Tokio Life Flexi Savings is 100 years.
Compare and buy the most suitable Life Insurance Plan from the below-mentioned IRDAI-approved Life Insurance companies.
0
Rated by 0 customers
Select Your Rating
Let us know about your experience or any feedback that might help us serve you better in future.
Himanshu is a seasoned content writer specializing in keeping readers engaged with the insurance industry, term and life insurance developments, etc. With an experience of 2 years in insurance and HR tech, Himanshu simplifies the insurance information and it is completely visible in his content pieces. He believes in making the content understandable to any common man.
You May Also Know About:
Our experts will provide you with guidance and address all your concerns within 30 minutes.
Note: Choose your desired date and time slot and our expert will get in touch with you shortly.
In case you have not found your desired slot, you can visit at website and use the Request Call Back option.
You are just one step away from getting insurance.
Policyx offers a completely spam-free experience. We will never contact you unless you request us to do so.
Your call has been scheduled with Policyx for term insurance.
Talk to an advisor
February 5, 2023
Asia/Kolkata
Do you have any thoughts you’d like to share?