Edelwiss Tokio Life -Guaranteed Income Plan

A regular pay, endowment assurance plan offering guaranteed tax free income. With regular payouts, ensure a higher liquidity for a longer period of time at maturity. A super combination of protection and security.

Key Features

  • Pay premium for 15 years and get benefit for the next 15 years.
  • Assured benefit at maturity of 200% of each premium paid.
  • Start to save for your loved ones when they are still very young (as early as age of 3 years).
  • Loan facility to meet any urgent / unforeseen liquidity requirements.
  • Option to make your cover more comprehensive through riders.
  • Option to receive maturity benefit payments as a lump-sum amount.


  • Maturity Benefit:
On survival of the life assured till maturity, 200% of the annual premium (excluding rider premium and extra premium) will be paid at the end of each year during the payout period.
  • Tax Benefit
The Premium(s) paid by you are eligible for tax benefit available under the provisions of Section(s) 80C, 80 CCC (1), 80D, 10(10D) as applicable.
  • Death Benefit
On death of life assured during policy term, company pays:
A lumpsum benefit equal to – Highest of:
1) 10 times of annualized premium OR
2) 125% of annualized premiums paid till date of death OR
3) Lumpsum amount available at maturity i.e. end of policy year 15
Policy will terminate after the payment of lumpsum

Am I eligible?

ENTRY AGE 3 years 50 years
AGE OF MATURITY 18 years 65 years
SUM ASSURED (On Death) Rs.4,83,630 No Limit
POLICY TERM 15 years


The customer has an option of availing the following Rider benefits:
  • Edelweiss Tokio Life - Accidental Death Benefit Rider (UIN: 147B002V02)
  • Edelweiss Tokio Life - Accidental Total and Permanent Disability Rider (UIN: 147B001V02)
  • Edelweiss Tokio Life - Term Rider (UIN: 147B004V02)
  • Edelweiss Tokio Life - Critical Illness Rider (UIN: 147B005V02)
  • Edelweiss Tokio Life - Waiver of Premium Rider (UIN: 147B003V02)
  • Edelweiss Tokio Life - Payor Waiver Benefit Rider (UIN: 147B014V02)
  • Edelweiss Tokio Life – Income Benefit Rider (UIN: 147B015V01)

What if?

I am unable to pay the premium

  • Grace period is of 30 days. The policy will remain in force during the grace period.If any premium remains unpaid at the end of the grace period, the policy shall lapse.

I stop the payment

  • On the completion of the grace period the policy will get lapsed and the benefits cannot be claimed on the death of the life insured.

I want to take a loan

  • Loan options are available for this policy