Edelwiss Tokio Life –Wealth Ultima

A guaranteed endowment life insurance plan that is simple to understand and easy to buy and helps in accumulating wealth for your future financial needs.

Key Features

  • Simple to understand — All your benefits are guaranteed
  • Simple to buy — complete a short proposal form and get insured.
  • Flexibility in premium paying terms — Pay premium for a shorter term and get covered for a longer term.
  • Liquidity for unforeseen emergencies — Option to avail a loan.


  • Maturity Benefit:
At the end of your policy term, you will receive the Guaranteed Maturity Benefit provided all due premiums have been paid in full and the policy is in-force. Your Guaranteed Maturity Benefit is equal to the Sum Assured on Maturity.
  • 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
In case of unfortunate demise of Life Insured while the policy is in-force, the Nominee will receive the Guaranteed Death Benefit. The Guaranteed Death Benefit is equal to the Sum Assured on Death which is –
Higher of –
(1) 10 x Annualised Premium ; or
(2) Sum Assured on Maturity; or
(3) 105% of total premiums paid (excluding underwriting extras, service tax and cess, if any) till date of death; or
(4) Any absolute amount assured to be paid on death which is higher of Sum Assured on Maturity or 10 x Annual Premium.

Am I eligible?

ENTRY AGE 1 year 50 years
AGE OF MATURITY 18 years 65 years
SUM ASSURED Rs.50,000 Rs.10,00,000
POLICY TERM 10 years 20 years
PREMIUM PAYMENT TERM 5/7/10/12 years
PAYMENT MODES Annual and Monthly

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