Edelwiss Tokio Life –Wealth Accumulation(Privilage)

An investment-cum-risk protection ULIP with tailor made solutions to match your wealth accumulation needs along with the facility to switch your accumulated investment from one fund to another at the opportune time. See your money work for you. An excellent tool to generate funds to meet all future goals like owning a house, luxury vacations etc.

Key Features

  • Low allocation charges.No Policy Administration charges.
  • Assured benefit at maturity of 200% of each premium paid.
  • Facility to make partial withdrawal, without any charge.
  • Both Asset Allocation and Stock Selection support provided through new-age Managed Fund.
  • Option to pay premiums for limited period yet enjoy the wealth accumulation and insurance protection over a longer policy term.
  • Facilities wherein you can alter your sum assured, premium paying term.


  • Maturity Benefit:
Fund value is payable on survival of life assured till the end of policy term.
  • 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:
Higher of:
1) Fund Value (including Top-up fund value) as on the date of intimation of the claim to the company OR
2) Sum Assured (including Top-up sum assured) less partial withdrawals OR
3) 105% of total premiums paid (including Top-up premium) till the time of death.

Am I eligible?

ENTRY AGE 5 years 65 years
AGE OF MATURITY 18 years 75 years
PREMIUM Rs.25,000 (Monthly) No limit
POLICY TERM 10/15/20/25/30 years
PREMIUM PAYMENT TERM Regular premium: Same as policy term
Limited Premium: 5/7/10 years
PAYMENT MODES Annually, Semi-annually, Quarterly or 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 not available for this policy