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

Edelweiss Tokio Life Premier Guaranteed Income is an endowment plan. It offers life coverage along with the guaranteed return of premium. Along with maturity benefit, this plan also provides regular income payout for 15 years right after the completion of the premium-paying term. The Premier Guaranteed Income plan comes with a fixed policy and premium paying term of 15 years.

Edelweiss Tokio Life Premier Guaranteed Income offers you a range of benefits including:

why-choose
  • Payout period for 15 years
  • Assured 200% benefit at maturity
  • Loan facility for financial emergencies
  • Rider for enhanced protection
  • Critical illness benefit

Eligibility Criteria for Edelweiss Premier Guaranteed Income

Your Occupation

Entry age

Minimum Age - 3 year Maximum Age - 50 years

Mukhyamantri Amrutam Yojana

Maturity age

Maximum Maturity Age - 65 years

Your Gender

Policy tenure

15 years

Maternity Benefit Rider

Premium payment term

15 years

Dr YSR Aarogyasri Trust

Premium payment frequency

Annual, half-yearly, quarterly & monthly

Maternity Benefit Rider

Sum assured

No limit

How Does the Edelweiss Tokio Life Premier Guaranteed Income Work?

Let's understand how the Edelweiss Tokio Life Premier Guaranteed Income Plan 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 Premier Guaranteed Income. He visited PolicyX.com

Let's understand how the Edelweiss Tokio Life Premier Guaranteed Income Plan works for him with a premium illustration table.

Age of policyholder Annual Premium Policy tenure Premium Payment Tenure Maturity Benefits
35 years Rs 1,00,000 10 years 10 years Rs 30,72,960

Key Takeaways: At the end of the policy tenure the maturity benefits of Rs 30,72,960 are paid to the policyholder.

Features of Edelweiss Premier Guaranteed Income

Here are some features of Edelweiss Premier Guaranteed Income:

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 Premier Guaranteed Income Plan

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

  • Choice of income option Once the life insured survives the whole policy tenure, the Edelweiss Premier Guaranteed Income plan will pay the maturity benefit as: Lump sum or regular income.
  • Choice of rider options You can choose additional riders with your Edelweiss Tokio Life Premier Guaranteed Income Plan to enhance the overall coverage. 
  • Maturity benefits A person has a lot of future and retirement goals. This plan helps you complete all those goals by providing maturity benefits once your policy matures.
  • Family income benefits This plan allows you to opt for family income benefits. In case of a policyholder’s demise or diagnosis of critical illness, benefits are paid to either the policyholder or their nominee. 

Documents Required to Buy Edelweiss Tokio Life Premier Guaranteed Income Plan

Here is the list of documents required to buy the Edelweiss Tokio Life Premier Guaranteed Income Plan:

Photo ID Proof

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

How to Buy Edelweiss Premier Guaranteed Income?

You can buy the Edelweiss Premier Guaranteed Income 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 'Our Products' from the top of the menu.

  • Step 3

    Click on the Edelweiss Tokio Life Premier Guaranteed Income.

  • 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 Life Premier Guaranteed Income 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 Life Premier Guaranteed Income

Given below are some exclusions of the Edelweiss Tokio Life Premier Guaranteed Income:

  • 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 Premium continuance
Maturity Benefit Auto cover continuance
Switching Top-up premium

In a nutshell

If you are looking to purchase a savings plan that pays you regular guaranteed income along with a lump sum amount at maturity, you can purchase Edelweiss Tokio Premier Guaranteed Income. If you are still confused about whether the Secure Income plan is right for you or not then you can contact us at PolicyX. One of our insurance experts will reach out to you shortly, understand your requirements, and help you choose a plan that best fits your requirements.

 

FAQs: Edelweiss Tokio life Premier Guaranteed Income

1. What is the minimum age to purchase this plan?

The minimum age to purchase this plan is 1 month.

2. How much of a payout period is available in Edelweiss Tokio Life premier guaranteed income plan?

This plan offers a 15-year payout period starting from the 16th policy year.

3. Is a loan facility is available in Edelweiss Tokio Life premier guaranteed income plan?

Yes, you can avail of a loan for upto 80% of your surrender value.

4. Is the maturity amount of this plan is tax-free?

Yes, the maturity amount of this plan is tax-free under section 1010D of the Income Tax Act 1961.

Life Insurance Companies

Compare and buy the most suitable Life Insurance Plan from the below-mentioned IRDAI-approved Life Insurance companies.

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varun saxena

Written By: Varun Saxena

I am a passionate content writer with over three years of experience in the insurance domain. An avid learner, I always tries stays ahead of the industry's trends, ensuring my writing remains fresh and includes the latest insurance shifts. Through my work, I strive to engage with targeted insurance readers.