Edelweiss Tokio Life Flexi Savings
  • 3 Plan options to choose from
  • Bonuses
  • Premium discontinuance
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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 option, and Large sum plan option. 

Edelweiss Tokio Flexi Savings Plan offers you a range of benefits including:

why-choose
  • Death benefits
  • Maturity benefits
  • Multiple plan options to choose from
  • Premium discontinuance
  • Life cover continuation
  • Bonuses

Eligibility Criteria for Edelweiss Tokio Life Flexi Savings

Your Occupation

Entry age

Minimum Age - 0 year Maximum Age - 55 years

Mukhyamantri Amrutam Yojana

Maturity age

Maximum Maturity Age - 100 years

Your Gender

Policy tenure

Minimum term - 10 years Maximum term - 30 years

Maternity Benefit Rider

Premium payment term

5,8,10,12,15 years

Dr YSR Aarogyasri Trust

Premium payment frequency

Annual, half-yearly, quarterly & monthly

Maternity Benefit Rider

Sum assured

Rs 3,50,000 to No limit

How Does the Edelweiss Tokio Life Flexi Savings Plan Work?

Let's understand how the Edelweiss Tokio Life Flexi Savings works with a simple premium illustration.

Why Buy Term Insurance Online?

Problem

Mr. Verma is looking for an Investment plan that helps him create a lump sum amount to fulfill his financial needs.

Solution

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.

Features of Edelweiss Tokio Life Flexi Savings

Here are some features of Edelweiss Tokio Life Flexi Savings:

Edelweiss Tokio Investment Plans

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

  • 3 Plan options to choose from
  • Bonuses
  • Premium discontinuance

Edelweiss Tokio Life Flexi Savings (Pros)

Edelweiss Tokio Life Flexi Savings
  • Death benefits
  • Maturity benefits
  • Multiple plan options to choose from

Edelweiss Tokio Life Flexi Savings (Cons)

Edelweiss Tokio Life Flexi Savings
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

Edelweiss Tokio Life Flexi Savings (Other Benefits)

Edelweiss Tokio Life Flexi Savings
  • Premium discontinuance
  • Life cover continuation
  • Bonuses

Edelweiss Tokio Life Flexi Savings (Eligibility Criteria)

Edelweiss Tokio Life Flexi Savings
  • Minimum entry age- 0 year
  • Maximum entry age- 55 years
  • Minimum sum assured- Rs 3
  • 50
  • 000
  • Maximum sum assured- No limit
  • Maximum policy term- 30 years

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

  • 2 Plan Options
  • Assured Returns
  • In-built CI Cover

Edelweiss Tokio Guaranteed Savings Star (Pros)

Edelweiss Tokio Guaranteed Savings Star
  • 2 Plan Options
  • Assured Returns
  • In-built CI Cover

Edelweiss Tokio Guaranteed Savings Star (Cons)

Edelweiss Tokio Guaranteed Savings Star
  • Consumption of any intoxicants
  • Death due to any aviation accident
  • Death due to any adventurous sports.

Edelweiss Tokio Guaranteed Savings Star (Other Benefits)

Edelweiss Tokio Guaranteed Savings Star
  • Two plan options
  • Affordable premiums
  • Tax benefits

Edelweiss Tokio Guaranteed Savings Star (Eligibility Criteria)

Edelweiss Tokio Guaranteed Savings Star
  • Entry Age: Minimum Age - 18 years Maximum Age - 100 years
  • Maximum Maturity Age - 100 years
  • SA: No limit

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

  • Pay premiums for 15 years
  • 200% benefit at maturity
  • Enhanced protection riders.

Edelweiss Premier Guaranteed Income (Pros)

Edelweiss Premier Guaranteed Income
  • Pay premiums for 15 years
  • 200% benefit at maturity
  • Enhanced protection riders

Edelweiss Premier Guaranteed Income (Cons)

Edelweiss Premier Guaranteed Income
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

Edelweiss Premier Guaranteed Income (Other Benefits)

Edelweiss Premier Guaranteed Income
  • Policy loan
  • Tax benefits
  • Family income benefits

Edelweiss Premier Guaranteed Income (Eligibility Criteria)

Edelweiss Premier Guaranteed Income
  • Minimum entry age- 3 year
  • Maximum entry age- 50 years
  • Minimum sum assured- Rs 5
  • 00
  • 000
  • Maximum sum assured- No limit
  • Maximum policy term- 15 years

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

  • Two income options
  • Assured returns
  • Family income benefits

Edelweiss Tokio Guaranteed Income Star (Pros)

Edelweiss Tokio Guaranteed Income Star
  • Two income options
  • Assured returns
  • Family income benefits

Edelweiss Tokio Guaranteed Income Star (Cons)

Edelweiss Tokio Guaranteed Income Star
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

Edelweiss Tokio Guaranteed Income Star (Other Benefits)

Edelweiss Tokio Guaranteed Income Star
  • Maturity Benefit
  • Death Benefit
  • Tax Benefit

Edelweiss Tokio Guaranteed Income Star (Eligibility Criteria)

Edelweiss Tokio Guaranteed Income Star
  • Minimum entry age- 0 year
  • Maximum entry age- 60 years
  • Minimum sum assured- Rs 6
  • 00
  • 000
  • Maximum sum assured- No limit
  • Maximum policy term- 42 years

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

  • 3 Plan Options
  • Earn Additional Rewards
  • Boost Wealth With Top-up

Edelweiss Tokio Wealth Secure Plus (Pros)

Edelweiss Tokio Wealth Secure Plus
  • Additional Allocations
  • Extra Allocation
  • Premium Booster

Edelweiss Tokio Wealth Secure Plus (Cons)

Edelweiss Tokio Wealth Secure Plus
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

Edelweiss Tokio Wealth Secure Plus (Other Benefits)

Edelweiss Tokio Wealth Secure Plus
  • Maturity Benefit
  • Death Benefit
  • Tax Benefit

Edelweiss Tokio Wealth Secure Plus (Eligibility Criteria)

Edelweiss Tokio Wealth Secure Plus
  • Minimum entry age- 0 year
  • Maximum entry age- 60 years
  • Minimum sum assured- Rs 1
  • 00
  • 000
  • Maximum sum assured- Higher of 10 x annualized premium
  • Maximum policy term- 25 years

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

  • Choice of Fund Options
  • Protect your Kids Future
  • Boost Wealth With Additions

Edelweiss Tokio Wealth Plus Plan (Pros)

Edelweiss Tokio Wealth Plus Plan
  • Additional Allocations
  • Extra Allocation
  • Premium Booster

Edelweiss Tokio Wealth Plus Plan (Cons)

Edelweiss Tokio Wealth Plus Plan
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

Edelweiss Tokio Wealth Plus Plan (Other Benefits)

Edelweiss Tokio Wealth Plus Plan
  • Maturity Benefit
  • Death Benefit
  • Tax Benefit

Edelweiss Tokio Wealth Plus Plan (Eligibility Criteria)

Edelweiss Tokio Wealth Plus Plan
  • Minimum entry age- 1 year
  • Maximum entry age- 55 years
  • Minimum sum assured- Rs 1
  • 00
  • 000
  • Maximum sum assured- Higher of 10 x annualized premium
  • Maximum policy term- 20 years
Tired of Pushy Sales? Get Insurance, Your Way Tired of Pushy Sales? Get Insurance, Your Way

Benefits of the Edelweiss Tokio Life Flexi Savings Plan

There are various benefits to buying the Edelweiss Tokio Life Flexi Savings Plan. Let’s understand each of them in detail:

  • Life cover This plan provides you with a life cover that protects your family financially in case of your unfortunate demise during the policy tenure.
  • Maturity benefits At the end of the policy tenure maturity benefits are paid to the policyholder if they survive the policy tenure. Maturity benefits are paid in addition to the applicable bonuses.
  • Multiple plan options to choose from Edelweiss Tokio Flexi Savings offers three plan options for policyholders to choose from- Flexi Income Option, Flexi Income Pro Option, and Lump sum Option.
  • Maturity Benefit Once you survive till the end of the policy term, fund value as your maturity benefit shall be payable to you as per the chosen settlement option. In this plan, you can choose to get your maturity benefit in a lump sum or installments.

Documents Required to Buy Edelweiss Tokio Life Flexi Savings Plan

Here is the list of documents required to buy the Edelweiss Tokio Life Flexi Savings Plan:

Photo ID Proof

Photo ID Proof (either of one) - Passport, Aadhaar card, PAN card, Driving license.

How to Buy Edelweiss Tokio Life Flexi Savings?

You can buy the Edelweiss Tokio Life Flexi Savings official website or one of their nearest branch offices.

Life Insurance
  • Step 1

    Visit the official website of PolicyX.com.

  • Step 2

    Hover on the ‘Life Insurance’ tab.

  • Step 3

    Choose the Investment plan you want to buy.

  • Step 4

    Fill out the form at the top of the page with the necessary details.

  • Step 5

    Select your income and city. Click on 'Proceed'.

  • Step 6

    Update your education and occupation details.

  • Step 7

    Choose your preferred plan and click on 'Buy this plan'.

  • Step 8

    Select the policy term, premium period, investment amount, and riders (if required), and then proceed to pay.

Life Insurance
  • Step 1

    Visit the official website of Edelweiss Tokio Life Insurance.

  • Step 2

    Hover over the 'Our Products' from the top of the menu.

  • Step 3

    Click on the Edelweiss Tokio Flexi Savings.

  • Step 4

    Click on ‘Buy Now’ and you will be redirected to a new page.

  • Step 5

    Enter your name and contact information. One of their representatives will reach out to you and discuss the quotes.

  • Step 6

    Once discussed you can make the premium payment and get the policy documents.

Buying from their branch office

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.

Your Occupation

Exclusions of the Edelweiss Tokio Flexi Savings 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.

Plan At a Glance

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

In a nutshell

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.

FAQs: Edelweiss Tokio Life Flexi Savings

1. What is the Flexi Savings Plan?

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.

2. What are the plan options available under Edelweiss Tokio Life Flexi Savings?

There are three plan options available under the Edelweiss Tokio life Flexi Savings plan including- Flexi Income, Flexi Income Pro, and Lump sum option.

3. What are the rider options available with Edelweiss Life Guaranteed Income Star?

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

4. How to buy Edelweiss Tokio Flexi Savings?  

You can buy the Edelweiss Tokio Life Flexi Savings plan either through their official website or by visiting one of their nearest branch offices.

5. What is the maximum maturity age of the Edelweiss Tokio life Flexi Savings?

The maximum maturity age of the Edelweiss Tokio Life Flexi Savings is 100 years.

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Himanshu Kumar

Written By: Himanshu Kumar

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.