Edelweiss Tokio life insurance product launch (The wealth plus)


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On 17th Nov 2017 Edel­weiss was launch­ing its Life insur­ance pro­duct “The Wealth Plus” wig­gling­pen was lucky to be a part of this vir­tu­al launch on Twit­ter and wit­nessed the amaz­ing pro­duct launch which is going to change the per­cep­tion of life insur­ance and make your fam­i­ly more secure.

What is Edelweiss Tokio?

This is the youngest life insur­ance com­pa­ny in India start­ed just 6 years back in 2011 and has a PAN India pres­ence with over 60 branch­es.

Edelweiss Tokio life insurance product launch (The wealth plus)

Edel­weiss Tokio Life Insur­ance Com­pa­ny Lim­it­ed is a joint ven­ture between Edel­weiss Finan­cial Ser­vice lim­it­ed, India and Tokio Marine Hold­ings Inc, which is 130 years old­est and largest insur­ance com­pa­ny in Japan.

 

Edelweiss Tokio – The Wealth plus #Unyakeenable launch

This pro­duct was launched live on Twit­ter at 11:00 am and I got an exclu­sive invite to wit­ness this launch.

Why #Unyakeenable The wealth plus plan?

Edelweiss Tokio life insurance product launch (The wealth plus)

  1. Life Cov­er 01 ensures ­finan­cial pro­tec­tion to your fam­i­ly in case of your unfor­tu­nate demise.
  2. Ris­ing Star Ben­e­fit: To cater to your children’s future fi­nancial needs even in your absence.
  3. Addi­tions 03 in addi­tion to allo­cat­ing 100% of your pre­mi­ums paid dur­ing the pre­mi­um pay­ing term, we will provide addi­tion­al allo­ca­tion every year as fol­lows — Invest­ment Strate­gies 04 two strate­gies to cater to your var­i­ous invest­ment needs.
  4. Extra Allo­ca­tion – added in the ­first 5 pol­i­cy years along with your pre­mi­ums paid.
  5. Pre­mi­um Boost­er – added from the 6th pol­i­cy year at the end of each pol­i­cy year.
  6. Invest­ment Strate­gies: two strate­gies to cater to your var­i­ous invest­ment needs.
  7. Liq­uid­i­ty: Option to par­tial­ly with­draw your mon­ey in case of emer­gen­cies from 6th pol­i­cy year.

Benefits of The Wealth Plus plan:

  • No Upfront Charges 100% of your pre­mi­um will be allo­cat­ed No Pol­i­cy Admin Charges
  • Addi­tions In addi­tion to allo­cat­ing 100% of your pre­mi­ums paid dur­ing the pre­mi­um pay­ing term, we will provide addi­tion­al allo­ca­tion every year as fol­lows –
  1. Extra Allo­ca­tion – added in the first 5 pol­i­cy years along with your pre­mi­ums paid.
  2. Pre­mi­um Boost­er – Start­ing from the 6th pol­i­cy year, Pre­mi­um Boost­er will be added to the fund(s) at the end of each pol­i­cy year for the pre­mi­ums paid by you with­in the grace peri­od.

So, in total, below addi­tions dur­ing pol­i­cy term

Pol­i­cy Year % of pre­mi­um Paid
1 to 5 1%
6 to 10 3%
11 to 15 5%
16 to 20 7%

 

  • Funds o All our ULIP (indi­vid­u­al) funds are top rat­ed 4 STAR+ by Morn­ingStar
  • Ris­ing Start Ben­e­fit

o A Lump­sum amount will be paid imme­di­ate­ly; plus  An amount equal to the sum of all the future Modal Pre­mi­ums (if any) shall be cred­it­ed to the Fund Val­ue; plus.

o The future Extra Allo­ca­tion and Pre­mi­um Boost­er as and when due would be added to the Fund Val­ue in a man­ner sim­i­lar to a pre­mi­um pay­ing pol­i­cy where the future pre­mi­ums are paid on the respec­tive due dates

  • Invest­ment Strate­gies

o Life Stage & Dura­tion based strat­e­gy

o Self Man­aged strat­e­gy

  • Flex­i­bil­i­ty

o Change in Pre­mi­um Pay­ing Term (PPT)

o Unlim­it­ed free switch­es between funds

o Unlim­it­ed Opt-in and Opt-out option between Invest­ment Strate­gies

o Unlim­it­ed Pre­mi­um Redi­rec­tion

o Par­tial With­drawals

o Top-up pre­mi­ums

I feel this is real­ly #Unya­keen­able pol­i­cy plan which should not be missed by my read­ers and invest now for your fam­i­ly to give them smiles with you and after you 🙂

Don’t miss and check out Sav­ing invest­ment plan and Wealth­plus plan

 

 

 

 

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24 Thoughts to “Edelweiss Tokio life insurance product launch (The wealth plus) #Unyakeenable”

  1. Alexx Bloom

    Infor­ma­tive and help­ful post, so many peo­ple can have a secured life now

  2. Ghazala Naseem

    Infor­ma­tive post , was not know­ing about it.

  3. Wow! This is so informative..I did­nt know all this until I read your arti­cle.

  4. Infor­ma­tive post. Will share with my fam­i­ly too.

  5. Insur­ance cov­er is so impor­tant and I really.liked this pol­i­cy launched by edel­weiss .

  6. I always look out for bet­ter ways of invest­ment. This would be if much help

  7. Sounds like a great pol­i­cy with great ben­e­fits! Would love to add it to my invest­ment port­fo­lio 🙂

  8. Look­ing for­ward to more posts on the same top­ic as peo­ple like me need more edu­ca­tion on this

  9. This reminds me to push my last month’s sav­ing into invest­ment

    http://www.hautekutir.com
    http://www.numerounity.com

  10. Have been look­ing for good plans. Help­ful to me

    1. wigglingpen

      So glad that my post helped you !!

  11. Amrita

    I will check this insur­ance com­pa­ny out.Always want­i­ng new meth­ods of secur­ing future

  12. Great plans they have with best ben­e­fits, I will check out their site for the same… Thanx for use­ful infor­ma­tion

  13. This looks very use­ful… Thank you for shar­ing this use­ful infor­ma­tion with us

  14. Thats defin­te­ly a unique way of inform­ing us about the inus­rance. Thumbs up!

    1. wigglingpen

      Thanks a lot for lik­ing it and it’s real­ly infor­ma­tive so shared

  15. Infor­ma­tive post i had no idea about this. A good read. Will pon­der over

    1. wigglingpen

      Thanks for hop­ping here and read­ing !!

  16. I always look­ing for­ward to the new ways of prop­er invest­ment.. This post is very infor­ma­tive for me at least… Thank you for such amaz­ing post..

    1. wigglingpen

      So glad that this post is help­ing you in a way !!

  17. Papri Ganguly

    I haven’t known about all the­se. This is quite infor­ma­tive. Thanks for shar­ing.

    1. wigglingpen

      Thanks for read­ing this and find­ing help­ful

  18. Prerna Sinha

    It seems they’ve come up with some real­ly good plans, will sure­ly look after them and take up a plan for my kids!

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