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Build Your Own Path Towards Your Dreams with a Customizable
Income Plan! 
 

The best path to achieve your goals is the one you pave yourself. Introducing
Edelweiss Life – Flexi-Dream Plan, a life insurance plan that offers regular income payouts
that are customizable via Accrual of Survival Benefits option. Plus, secure two lives with
this plan’s Two-gether Option.

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Take a step ahead to secure your goals

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A Multiple of single/annualized premium as life cover at all time during policy tenure
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Benefit Element - FDP

How This Plan Fulfils Your Dreams of Living Zindagi Unlimited!

How This Plan Fulfils Your Dreams of Living Zindagi Unlimited!

Ensure your family’s financial security with life cover. Moreover, if you survive till the end of your policy, you receive a lumpsum payout as maturity benefit.

Choose From Two Plan Options 

Under the Milestone option you can choose a policy term of 25, 30, or 40 years, while LiveLong option ensures your financial protection until you’re 100 years old.

Income That’s Customizable

This plan provides regular income payouts in both plan options, with choice to accrue your survival benefits at any time to tailor your income as per your liking.

Optional Secondary Coverage Post Death of Primary Life Insured 

Two-gether option allows you to choose a secondary life insured. Secondary life insured receives their own life cover post the death of the primary life insured, and all future premiums are waived.

Additional Benefits for Pre-Existing Customers 

This plan offers a loyalty benefit to existing customers of Edelweiss Life Insurance. Pre-existing customers can get 7% of the Annualized Premium8 as income at end 2nd policy year.

Benefits of Edelweiss Life – Flexi-Dream Plan

Benefits of Edelweiss Life – Flexi-Dream Plan

Wealth-Plus_Tax-Benefits

Thanks to numerous customization options, you can tailor this plan in a way that best reflects your financial needs. You can choose from two plan options: Milestone Option that offers policy terms of 25, 30, or 40 years, or LiveLong Option that provides life cover and regular income until you’re 100 years old. Plus, you can also choose your preferred premium paying term, income payout frequency, and more!

No matter what plan option you choose, your family will be financially secured with this plan’s life cover element. Life cover is paid out to your loved ones in case of your untimely death during the policy term. This sum can help your loved ones maintain their living standards, ensuring that their dreams are not constrained due to financial roadblocks.

With this benefit, you have the option to accumulate a proportion of your survival benefits (up to limit of 100%) instead of receiving your regular income payouts. You can use this benefit at any time during the policy term. You can also choose to withdraw the accrued amount in any proportion whenever you wish.  

The Two-gether option provides life cover to you (the primary life insured), and to a secondary life insured that you can choose from a list of mentioned relationships (parents, spouse, children). Under this option, the plan’s benefits will continue for the secondary life insured even if you pass away during the policy term. Moreover, future premiums will be waived off and regular income payouts will continue as per the frequency chosen by you at the inception of the policy. In case of the death of the primary life insured, the policy will continue to remain in effect and life coverage for the secondary life insured will be initiated.

This plan comes with six optional riders that can further enhance your plan’s coverage. For example, Edelweiss Life - Critical Illness Rider will financially protect your loved ones if you are ever diagnosed with any of the medical conditions listed in the policy document. Similarly, Edelweiss Life - Accidental Total and Permanent Disability Rider will provide you with a lump sum amount if you suffer from a serious disability due to an accident. You can pick and choose which riders you want to include in your plan 

Everything’s better with tax³ exemptions! Premiums paid are eligible for tax benefit under section 80C and the maturity benefit is eligible for tax benefit under section 10(10D).

Wealth-Plus_Tax-Benefits

3 Plan Options

3 Plan Options Flexi Savings Plan

Option 1- Flexi-Income Option

  • Option to receive both Survival Benefit and Maturity Benefit
  • Survival Benefit is equal to regular income that will be payable annually in arrears every policy year, starting from the chosen Income Start Year till the end of policy.
  • The various Income Start Year options available are 2nd Policy Year, 5th Policy Year and (PPT+1)th Year.
  • The regular income comprises of Guaranteed Income, Cash⁵ Bonus, and Reversionary⁷ Bonus payout.
  • Maturity Benefit is equal to Sum Assured on Maturity## plus applicable bonus, if any.

Option 2- Flexi-Income PRO Option

  • Option to receive both Survival Benefit and Maturity Benefit
  • Under this Plan option, Survival Benefit is equal to Regular Income plus Guaranteed1 Lumpsum.
  • Guaranteed1 Lumpsum payments payable in the interval of 5 years in the form of cash payouts.
  • The regular income comprises of Guaranteed1 Income, Cash⁵ Bonus, and Reversionary⁷ Bonus payout.
  • For PPT options 8 & 10 years, the lumpsum payments are payable at the end of the 10th, 15th, 20th, 25th and 30th policy year
  • For PPT options 12 & 15 years, the lumpsum payments are payable at the end of the 15th, 20th, 25th and 30th policy year
  • Regular income will be payable every year from Income Start Year (ISY) till the end of the Policy Term
  • Guaranteed1 Lumpsum payments are payable in the interval of 5 years in the form of cash payouts till 30th policy year or death, whichever is earlier, while the policy is in-force*.
  • Income Start Year options available are 2nd Policy Year, 5th Policy Year and (PPT+1)th Policy Year

Option 3- Large Sum Option

  • Maturity Benefit is equal to Sum Assured on Maturity## + Loyalty Sum Assured on Maturity plus accrued bonuses5,7, as applicable.
  • Loyalty Sum Assured on Maturity  is payable only for this Plan Option.
  • For Premium Paying Term (PPT) options 5, 7 and 8 years, Policy Term (PT) of 10, 12, 15, 20, 25, 30 is available.
  • For Premium Paying Term (PPT) options 10 & 12 years, Policy Term (PT) of 15, 20, 25, 30 is available.
  • For Premium Paying Term (PPT) options 15 years, Policy Term (PT) of 20, 25, 30 is available.

Choice of 6 Riders⁹ Flexi Dream Plan

Choice of 6 Riders⁹

Accidental Death Benefit Rider

This rider provides financial security in the form of an additional life cover to your loved ones in case of demise due to an accident.

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Accidental Total and Permanent Disability Rider

With this rider, you can get a lump sum amount to manage your expenses in case total or permanent accidental disability has hindered your earning capacity.

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Critical Illness Rider

In case you are diagnosed with one of 12 listed critical illnesses, this optional benefit will provide you 100% of the Rider Sum Assured after 30 days of diagnosis.

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Waiver of Premium Rider

In case of critical illness, accidental total and permanent disability or death, get all future premiums waived off through this optional benefit.

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Payor Waiver Benefit Rider

With this rider, if the proposer of the policy suffers from an unfortunate event like death, disability or critical illness, all future premiums are waived off and the policy continues for the life insured.

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Income Benefit Rider

Get the power of providing financial security in the form of regular income to your family when you’re no longer around with this rider.

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Steps to Buy -FDP

5 Simple Steps to Start Planning for Your Dreams!

1

Step 1

  • Choose between one of the two plan options: Milestone Option / LiveLong Option
2

Step 2

  • Choose secondary life coverage by selecting Yes or No for the Two-gether Option. 
3

Step 3

  • Choose the Premium you wish to pay, Death Benefit Option, Death Benefit Multiple, Premium Paying Term, Premium Paying Frequency, Income Frequency and Policy Term (for Milestone Option). 
  • Sum Assured on Death and Sum Assured on Maturity will be determined based on the above inputs plus your age & gender.
4

Step 4

  • Choose additional riders to enhance your protection by paying additional premium 
5

Step 5

  • You can choose to accrue the Survival Benefits. You can change this option later during the Policy Term. You can also opt in for accrual of the Survival Benefits anytime during the Policy Term in case you haven’t opted in at Policy inception. 

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Guaranteed¹ returns, enhanced cover option, tax benefits³, and more… all with premiums just Rs. 3,000/month^².

  • Choice to receive guaranteed¹ returns as lumpsum or in 5 equal annual instalments

  • Enhanced Cover option to secure your family with 20x the premium^⁴ paid

  • Guaranteed¹ savings & life cover for a policy term as high as 40 years

  • Family Income Benefit option to ensure your family doesn’t have to compromise on dreams

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Ultimately, it’s All About Fulfilling Your Goals

The plan that systematically helps you grow your wealth and also protects you

  • Wealth Accumulation + Protection in one plan

  • Protect your child’s dreams with the Little Champ Benefit Option

  • Get life cover up to 100 years of age

  • Choice to invest in 8 diverse funds

KNOW MORE

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Thank you. I appreciate the way you explained the policy details to me. It was really good talking with you Narmin.

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It was excellent! The way you (Agent, Divya Patariyar) understood my query and then the way you clarified, I would really thank you for your patience and then hearing me out finding out the problem and then letting me know what’s would happen my policy details thanks it a was great spoke to you I will rate you 5 out 5 !!!

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Fire Away Queries Flexi Dream Plan

Fire Away Queries

Like teachers say, there are no silly questions

Why should I invest in a savings insurance plan?

In today’s uncertain world, it is prudent to save for the rainy days. You would need to arrange for a second income in the later years of your life so that the external uncertainties don’t affect your future plans. A savings insurance plan ensures your future income is intact.

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Edelweiss Life – Flexi-Dream Plan is a life insurance plan designed to provide a protection to your family from any financial loss in case of an untimely death and also provide a regular income and lumpsum to you and your family. It has various options to help you customise the plan as per your requirement.

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The product offers following two plan options: Milestone Option & LiveLong Option. 

Milestone option offers life cover, survival benefits, and option to accrue survival benefits. Under this plan option, you can choose from a policy term of 25, 30, or 40 years. 

LiveLong option offers life cover, survival benefits, and option to accrue survival benefits. Under this plan option, your policy term will: 

Policy Term = 100 – Your Current Age 

Essentially, the plan will continue until you’re 100 years of age or pass away during the policy term.

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This plan can help you achieve various financial goals such as buying a house, paying for a wedding, children’s education, retirement etc. The primary advantage of this plan is that you can accrue and withdraw your survival benefits at any time you want. This allows you to customize your payouts in a way that is optimal for your financial dreams. Additionally, this plan also secures your loved ones via life cover, meaning that your family is financially protected even in your absence.

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Cash Bonus5 in the form of cash payout is payable annually in arrears every policy year, if declared, starting from the Income Start Year till maturity or death, whichever is earlier, while the policy is in-force*. 

Terminal Bonus is the bonus paid only once on termination of the policy due to death, surrender or maturity. Terminal Bonus will be declared based on the performance of the participating fund and the Terminal Bonus amount will be calculated using declared Terminal Bonus rate which is expressed as per 1000 Sum Assured on Maturity (SAM). 

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The minimum premium for this plan is: 

Annual- ₹35,000 

Semi-Annual- ₹17,920 

Quarterly- ₹9,100 

Monthly- ₹3,080 

 

There is no limit to maximum premium, but amount will be subject to board approved underwriting policy.

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  • The minimum policy term under Milestone option is 25 years while the maximum policy term is 40 years.  

    The maximum policy term available under LiveLong Option is 100 years (with entry age 0). Under LiveLong option, the policy will remain active until you are 100 years old (irrespective of entry age). The minimum policy term under LiveLong Option is 45 years (entry age 55) without Two-gether Option, and 55 (entry age 45) with Two-gether Option. 

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Life Cover is available throughout the policy term, provided all premiums are paid and the policy is in-force.

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Yes, this plan offers the Option to Accrue the Survival Benefits at any point during the policy term.

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At any point during the policy term, the policyholder will have the option to accumulate a proportion of the survival benefits, up to 100%, instead of cash payouts.  

Accrued survival benefits will grow at a guaranteed rate of 2% p.a. each year plus a bonus rate declared annually by the Company each year based on the performance of the par fund. The accrued survival benefits, if any, will be part of the participating fund.  

The guaranteed rate and the bonus rate would be applicable on the accrued survival benefits at the beginning of the policy year.  

You can choose to withdraw the accrued survival benefit in any proportion up to 100% at any point during the policy term.  

The withdrawn portion will be paid out in lump sum, while the remaining balance of the accrued survival benefit will continue to accumulate within the policy. For illustrative purposes, if the policyholder elects to withdraw 60% of the total accrued survival benefits during the policy term, only this withdrawn portion (i.e., 60%) will be paid as a lump sum at that point. The remaining 40% will continue to accrue and shall be payable along with other applicable benefits at the earlier of policy maturity, surrender, or termination due to death. 

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Yes, there are additional benefits for existing customers of Edelweiss Life Insurance. An Existing Customer Loyalty Benefit of 7% of the Annualized8 Premium will be paid at the end of policy year 2 for Existing Policyholders to reflect the savings both in terms of efforts by the Sales as well as by the Underwriting teams.

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A rider is an additional and optional benefit that you can choose, to enhance your plan.

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Following are the riders available with this plan: 

Edelweiss Life - Accidental Death Benefit Rider 

Edelweiss Life - Accidental Total and Permanent Disability Rider 

Edelweiss Life - Critical Illness Rider 

Edelweiss Life - Waiver of Premium Rider 

Edelweiss Life - Payor Waiver Benefit Rider 

Edelweiss Life - Income Benefit Rider 

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Yes, you can get a policy loan once policy acquires surrender value.

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You have a freelook period of 30 days from the date of the receipt of the policy document for the policy issued after 1st April, 2024 and processing TAT for same is 7 days.

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We will allow a Grace Period of 15 days where the Policyholder pays the Premium on a monthly basis, and 30 days in all other cases during which you must pay the Premium due in full. The Policy will be In-Force during the Grace Period.

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Flexi Savings Any Queries

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For queries, write to [email protected]

Contact us on 022 6611 6027

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1- This is applicable only if all due premiums are paid and the policy is in-force. 

3- As per provisions of Income Tax Act, 1961. Tax benefits are subject to changes in tax laws.

5- Cash Bonus is a non-guaranteed benefit in the form of cash payout, payable annually in arrears every policy year, starting from the Income Start Year till maturity or death, whichever is earlier, while the policy is in-force. 
8- Annualized Premium shall be the premium amount payable in a year, excluding taxes, rider premiums, underwriting extra premiums and loadings for modal premiums. 

9- Riders are Optional and available at extra cost. Please refer rider brochure for more details.

7- The Reversionary Bonus is not guaranteed and would be declared based on the performance of the par fund. But once Reversionary Bonus is declared, it becomes guaranteed to be payable.

Edelweiss Life - Accidental Death Benefit Rider is an Individual, Non-Linked, Non-Participating, Pure Risk Premium, Health Insurance Rider. UIN 147B002V05.
Edelweiss Life - Accidental Total and Permanent Disability Rider is an Individual, Non-Linked, Non-Participating, Pure Risk Premium, Health Insurance rider. UIN 147B001V05
Edelweiss Life - Critical Illness Rider is an Individual, Non-Linked, Non-Participating, Pure Risk Premium, Health Insurance rider. UIN 147B005V05
Edelweiss Life - Waiver of Premium Rider is  an Individual, Non-Linked, Non-Participating, Pure Risk Premium, Health Insurance rider. UIN 147B003V06
Edelweiss Life - Payor Waiver Benefit Rider is  an Individual, Non-Linked, Non-Participating, Pure Risk Premium, Health Insurance rider. UIN 147B014V06
Edelweiss Life - Income Benefit Rider is  an Individual, Non-Linked, Non-Participating, Pure Risk Premium, Health Insurance rider. UIN 147B015V02

*- In-force means the status of the policy during the Policy Term when all the due premiums have been paid/waived off or the policy is not in a state of discontinuance.

##The Sum Assured on Maturity (SAM) is minimum guaranteed maturity benefit and is equal to SAM Multiple X Annualized Premium$ SAM Multiple varies by age, gender, PPT, PT, Plan Option, and Income Start Year

~ The payout is received at the end of the policy year.

Edelweiss Life – Flexi Dream Plan is an Individual, Non-Linked, Participating, Savings, Life Insurance Plan. Please know the associated risks and the applicable charges from your Personal Financial Advisor or the Intermediary. Tax benefits are subject to changes in the tax laws. The tax benefits under this Policy may be available as per the prevailing Income Tax laws in India. For more details on risk factors and terms and conditions, please read the sales brochure carefully before concluding a sale. UIN: 147N114V01

For more details on risk factors and terms and conditions, please read sales brochure carefully before concluding a sale.
Edelweiss Life Insurance Company Limited (formerly known as ‘Edelweiss Tokio Life Insurance Company Limited’).
Flower & Edelweiss are trademarks of Edelweiss Financial Services Limited used by Edelweiss Life Insurance Company Limited under license. 
IRDAI Reg. No.: 147 | CIN: U66010MH2009PLC197336 | UIN: 147N114V01 | ARN : WP/4307/Jul/2025 
Registered & Corporate Office: 6th Floor, Tower 3, Wing ‘B’, Kohinoor City, Kirol Road, Kurla (W), Mumbai 400070.
Toll Free No.: 1800 212 1212 | www.edelweisslife.in

BEWARE OF SPURIOUS PHONE CALLS AND FICTIOUS/FRAUDULENT OFFERS

IRDAI or its officials do not involve in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.

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