Pension Plan

Edelweiss Tokio Life –Pension Plan caters to the need of retirement funding and is designed to plan for a financially stable and happy retirement life. If you are one who has grown up seeing your parents enjoy pensions in their old age from the government positions that they held, this plan is suitable for you. Live a fearless and free life, even in your twilight years.

Key Features

  • Guaranteed addition of 5% p.a. of cumulative premium for first five policy years.
  • Additional benefits through compounded reversionary bonus
  • Choose your vesting age as per your retirement needs
  • Get discounts for higher Sum Assured on Maturity.
  • Choice of various premium paying terms and premium paying frequencies are made available to suit your needs


  • Maturity Benefit:
On survival of Life Assured till maturity, company pays:
Sum Assured plus accrued guaranteed additions plus accrued bonuses.
  • 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 the policy term, company pays Death Benefit as:
Higher of:
1) Total premiums paid (excluding rider premium) compounded monthly at 1% per annum interest plus accrued guaranteed additions plus the accrued bonuses till date of death OR
2) 105% of premiums paid (excluding rider premium)

Am I eligible?

ENTRY AGE 18 years 65 years
AGE OF MATURITY 45 years 75 years
SUM ASSURED Rs.1,25,000 No Limit
POLICY TERM 10 years 40 years
PREMIUM PAYMENT TERM Single pay, 5 pay, 10 pay and Regular pay
PAYMENT MODES Yearly, Half-yearly, Quarterly and Monthly


  • Edelweiss Tokio Life - Term Rider (UIN: 147B004V02)
  • Edelweiss Tokio Life - Critical Illness Rider (UIN: 147B005V02)

What if?

I am unable to pay the premium

  • Grace period is of 30 days(Not applicable for Single pay). 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

  • No Policy loan is available for this product.