Edelwiss Tokio Life –Wealth Ultima

A ULIP that is designed for accumulating your wealth by having an option to pay systematically through monthly or other modes, growing your wealth by capitalizing on multiple choices of STPs and/or funds and utilizing your wealth by opting for SWP.

Key Features

  • Choose one of the following investment options based on your profile and risk appetite:
1. Systematic Transfer Plan – STP offers two options to help manage your asset allocation as per your needs:
a. Life Stage & duration based STP
b. Profit target based STP
2. Self-Managed Strategy wherein your money will be allocated to your choice of fund(s)
  • Additions in the Policy: Various additions in the Policy provide better returns.
  • Life Cover: This product provides life cover which gives a lump sum amount to the beneficiary in case of unfortunate demise of the Life Insured.
  • Little Champ Benefit: In case of unfortunate demise of the Policyholder, the policy shall continue and the child receives the Policy benefits as planned.


  • Maturity Benefit:
Fund value is payable on survival of life insured till the end of policy term. Policyholder also has the option to receive the maturity proceeds in lump sum or in instalments through Settlement Option.
  • 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
For entry age of Life Insured being 1 year or more, death benefit payable is the sum of:
Highest of:
1. Fund Value; or
2. Sum Assured less relevant Partial Withdrawals; or
3. 105% of total premiums paid
AND Highest of:
1. Top-up Fund Value; or
2. Top-up Sum Assured; or
3. 105% of total Top-up Premiums paid

Am I eligible?

ENTRY AGE 18 years 70 years
AGE OF MATURITY 18 years 100 years
PREMIUM Rs.6000 (Monthly) No limit
POLICY TERM 10 years 100 minus entry age
PREMIUM PAYMENT TERM Regular Pay and Limited Pay
PAYMENT MODES Annual, Semi-annual, Quarterly 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

  • No Loan options are not available for this policy