Edelwiss Tokio Life –Income Replacement

An ideal plan to ensure continuity of monthly income for the family after death of bread winner. The show has to go on irrespective of who runs it. With an Income Replacement Plan, your family need not despair after you're not around to look after them.

Key Features

  • Cost friendly solution providing complete protection of your aspirations for your loved ones.
  • Monthly income in the event of pre-mature death to maintain continuity of regular income for the family.
  • Inflation mitigating benefit by way of fixed 5% increase every year in the monthly income
  • The monthly benefit will be provided for minimum of 5 years even if your remaining Policy Term is less than 5 years.
  • Lower rates are available for leading healthy lifestyle by way of non- consumption of tobacco.


  • Maturity Benefit:
No Maturity benefit is available.
  • 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
Chosen “Monthly Benefit” will be paid monthly in arrear increasing at 5% every policy year to the nominee till the end of the term or 5 years, whichever is later

Am I eligible?

ENTRY AGE 18 years 60 years
AGE OF MATURITY 28 years 70 years
POLICY TERM 10 years 30 years
PREMIUM PAYMENT TERM Single, 5,10,15,20 And Regular Pay

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 not available for this policy