Wealth Plus Plan By Edelweiss Tokio Life Is Truly Unyakeenable
Money Matters

Wealth Plus Plan By Edelweiss Tokio Life Is Truly Unyakeenable

We live in a digital age where we can’t even think about not using internet for a day. It has now become an essential part of our lives. With this, even companies and brands are making things easier for us, the digitally savvy people. Considering the same, Edelweiss Tokio Life launched its new Wealth Plus insurance plan which is a market-linked insurance plan that is primarily aimed at the digitally-savvy customers.

This is a one of its kind insurance plan that offers unbelievable benefits to its customers. This Unit Linked Insurance Plan has no premium allocation charges. Apart from this, it doesn’t have policy administration charges too. The only thing the company expects from the policyholder is to stay invested and pay the premium on time.

Wealth Plus Plan By Edelweiss Tokio Life Is Truly Unyakeenable
Wealth Plus Plan By Edelweiss Tokio Life Is Truly Unyakeenable |image:tumblr

This plan also offers Rising Star Benefits and other benefits. Also, apart from 100% allocation of your premium during the paying term period, one will also get additional allocation every year. The extra allocation will be added in the first 5 years of the policy along with your premiums paid. Premium boosted will be added after the first 5 years at the end of each policy year. This means 1 to 5 years, 1% of premium will be paid, 6 to 10 years it’s 3%, 11 to 15 years it’s 5% and 16 to 20 years, it’s 7%.

Isn’t it amazing?

Let’s now talk about the Rising Star Benefit. This is a plan for children of the policyholder where in case of the death of the policy holder, a lump sum amount will be paid on an immediate basis. No changes will be made to the future extra allocation and premium booster. All the future premiums will be added by the company immediately thereby boosting the maturity value.

This plan also offers flexibility where partial withdrawals can be made; change in premium paying term is possible along with unlimited free switches between funds, unlimited premium redirection and unlimited opt-in and opt-out options between the investment strategies.

And above all, individual funds are top rated 4 Star + by MorningStar.

Isn’t it an UnYakeenable insurance plan? And it is better than mutual funds also as the concept of 1-3-5-7 provides additional allocation every time you pay your premium. Additionally you can switch your funds between equity & debt and can time the market as well,

Indeed! But, I suggest you go through the terms and conditions carefully before making any decisions.

For more information, click here.

One Comment

  • Dennis

    Wealth Plus sounds like a brilliant insurance plan for the tech savvy. We need insurance plans that cater to individuals. Health insurance for small business usually is customized for the business owner and its employees. Reviewing terms and conditions is really helpful and something a lot of people don’t do enough.

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