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A Regular Guaranteed¹ Income Plan that’s as Flexible as Your Life Needs!

Not all good things take time, especially when you have the flexibility to
choose your regular stream of income start point. With Edelweiss Life
Guaranteed Income STAR you can choose from two policy options that cater
to your growing life needs, no matter what life stage you are in!

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A Multiple of single/annualized premium as life cover at all time during policy tenure
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Product Brochure
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Sample Contract
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Rate Table
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Customer Information Sheet
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Reasons Why You’d Say Wah Kya Plan Hai! guaranteed income star

Reasons Why You’d Say Wah Kya Plan Hai!

Reason_1

Regular Income, Jaise Bhi Chaho!

Choose how you want to receive your guaranteed¹ income – every year from 2nd policy year⁶ or fixed intervals after premiums.

Reason_2

Customized for Short-Term Commitments

Not all good things take time! Option to complete your premiums with just 5, 8, 10 or 12 pay.

Reason_4

Poore 100 Saal ki Protection!

Stay covered up to 100 years of age! Also, get enhanced protection against 12 Critical Illnesses with Family Income Benefit option.

Reason_5

Tax Ki Bhi Bachat³!

Save taxes up to ₹46,800* with premiums u/s 80(C) and avail tax benefit on your maturity benefit u/s 10(10D).

Benefits of Guaranteed Income STAR

Benefits of Guaranteed Income STAR

GIS-Regular-Guaranteed-Income-for-your-future-goals
GIS-Lumpsum-Pay-out-Option (1)
GIS-Family-Income-Benefit
GIS-Loan-On-Your-Policy
GIS-Retire-Easy-as-You-Like-It!
Wealth-Plus_Tax-Benefits

Unleash your financial potential! Start your regular stream of income to meet your financial goals with two plan options. With Flexible Income Option, choose your ‘Income Start Point’ as early as 2nd policy year6 , where income will be paid in arrears basis your preferred pay-out frequency till maturity date. With Large Income Option, start your income post the premium paying term till maturity. You can choose Level or Increasing Income, i.e., same income throughout or income increasing progressively.

GIS-Regular-Guaranteed-Income-for-your-future-goals

Delight yourself with lumpsum income! With this plan, avail additional lumpsum benefit at the time of maturity. This benefit is available in both Flexible and Large Income options. So, choose to receive lumpsum + regular pay-out with our all-new guaranteed1 income plan.

GIS-Lumpsum-Pay-out-Option (1)

Benefits you can’t ignore! This optional benefit ensures that in case of an unfortunate death or diagnosis of covered Critical Illness, you and/or your family continues to receive the benefit. There are two options under this benefit - Family Income Benefit on Death & Family Income Benefit on Critical Illness and Death.

GIS-Family-Income-Benefit

A little support goes a long way! We want you to live your zindagi unlimited, even if you need a little support to do it. That is why Edelweiss Life Guaranteed Income STAR offers you the choice to avail a loan² for urgent need of cash flow.

GIS-Loan-On-Your-Policy

Save for your golden days ahead! Reap the fruits of regular guaranteed income without stressing about premiums. With Edelweiss Life Guaranteed Income STAR, complete your premium payments within a limited premium paying term of 5, 8, 10 and 12 years. 

 

GIS-Retire-Easy-as-You-Like-It!

We dislike deductions as much as you do! The premiums you pay towards this plan are eligible for deductions up to ₹46,800* under section 80(C) and the income you receive has tax benefits³ under section 10(10D)

Wealth-Plus_Tax-Benefits

Choice of 5 Riders⁹ guaranteed income star

Choice of 5 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.

Know More

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.

Know More

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.

Know More

Get Guaranteed¹ Income in just 4 steps! guaranteed income plan

Get Guaranteed¹ Income in just 4 steps!

1

Pick the Basics

  • Select your plan option
  • Choose the amount you want to start saving
  • Choose your policy term, premium paying term & frequency (Note-Sum Assured on Death and Sum Assured on Maturity will be determined based on the above inputs plus your age & gender)
2

Customize Your Plan

  • Opt for Lumpsum benefit
  • Opt for Family Income Benefit on Death or Family Income Benefit on Critical illness & Death
  • This can be opted for at policy inception only
3

Enhance Your Plan

  • Choose from six riders
  • Get enhanced protection with the rider(s) selected
4

Sit Back and Relax

  • Submit the requested documents
  • Let us verify your details so you can start getting guaranteed income!

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More Products You'd Love to Explore

Har Sapna Karo Poora with Guaranteed¹ Savings!

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

BUY NOW

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Reasons Why You’re Bound To Love Us Back Premier Guaranteed Income Customize

Reasons Why You’re Bound To Love Us Back

claim

99.23% Claim Settlement Ratio**

Our Promise of Integrity- 99.23% Claim Settlement Ratio** for FY 2024

customersupport

Most Trusted BFSI Brand - 2023

Recognised among 'Most Trusted BFSI Brands 2023' by Marksmen Daily^³

Here's Why Our Customers Adore Us

Here's Why Our Customers Adore Us

Look at what people had to say about our services
Our customers say
Good
4/5
based on 600 reviews

Asset Publisher

ETLICustomer

I am very pleased to avail the services of Edelweiss Life. Very co-operative ,responsive & timely.I will surely recommend my friends and relatives to opt your services.

Gorachand Adhikari

(Sr. Engineer)
ETLICustomer

Thanks for providing the good news that the policy has been issued.Yes,the service was very good from Edelweiss Life Insurance to avail this insurance within the scheduled time.I hope the same kind of support will continue for this long term relationship with Edelweiss Life.

Kartik Nayak

(Sr Engineer)
ETLICustomer

Thank you for effectively closing the proposal.I would like to share my views regarding the service I received from Edelweiss Life and personally from Kaushik who has been my point of contact through out this transaction.Just to give you a background I work as Director with an IT MNC and I am someone who understands the insurance and Financial products very well.What was impressive with Edelweiss Life was the transparency in the whole process.I will be happy to suggest ET to my friends.

Deepak Kulkarni

(Director)
ETLICustomer

It was an absolute pleasure to interact with you for this policy issuance.Overall experience with Edelweiss Life was amazing & I'm extremely satisfied with the services.In fact the policy kit is one of the most innovative policy kits,especially the tag line "The key to your family's financial security".

Alok Shukla

(Sr. Manager)
ETLICustomer

As per my readings.. of edelweiss & tokio companies.. They are in very less aged. in Indian Insurance... but according to their commitment.. It will be better player in the market in the coming days.In term insurance, we have to candid in information to the company.. then everything is positive..I am the happy customer..

Ramesh Munagala

(Sr. System Engineer)
ETLICustomer

Thanks for issuing the policy.I am very much satisfied with the professionalism shown by entire team (sales/UW/support).Special token of appreciation to Rohan in getting things clarified and resolved so promptly.Wonderful and pleasant expereince

Nishant Kumar

(Asst. Manager)
ETLICustomer

I brought this plan because it is one of the very few policy which gives a coverage for 80 yrs. second I purchased it from policy bazaar.com, so have to mention that their coordination is also impressive. Third the communication from Edelweiss team was so good . they informed me every thing and let me informed at each and every stage.They personaly assigned me a person named Sneha from ET, she walked me through all the proceedings. I hope you people continue the service in India, like this

Arvind Kumar

(Consultant)
ETLICustomer

I am happy to get a term plan from Edelweiss Life and to be associated with such a reputed organisation. A good, calm and helpful representative assisted me throughout the process. Really appreciatable. Hope this will continue in the future.

Shiddarth Awasthy

(Jharsuguda)
ETLICustomer

Thank you for processing and issuing my policy. From the beginning till issuance of my policy, it is been nice and hassle free. Your follow up and subsequent guidance, help in generating a smooth transaction.

B. Nakkina

(Godavari)
ETLICustomer

I am happy with the services of Edelweiss Life. All staff members are very professional. They provided guidance to complete the form and helped me in submitting my documents. They arranged my medicals and gave reminders from start of policy till issuance.

Sourabh Kapoor

(Amritsar)
ETLICustomer

"I am very much happy with the customer care executives that deal with me from initial discussions regarding policy & its benefits plus facilities till the time to issuance of policy. They had also informed every steps till receiving the policy hard copy through courier. The third party associated i.e. for medical checkup team also very cooperative & helpful. Thanks to all these stakeholders in procuring this policy"

Pankaj Kumar Mandal

(Manager)
ETLICustomer

Recently taken TOTAL SECURE+ policy for me. I love the policy which cover me until I attain 80 years. Hassle free application procedure through online. Even at every small corrections/requirements customer care quick response is awesome. Complete physical check up at home is unbelievable. With in 10 days every thing completed and policy soft copy also available. Taken policy even doing my daily works as per my time convenience. Definitely a nice experience.

Ravi Phani Sekhar Pampani

(Manager)
ETLICustomer

Customer services are very good and satisfied to answer any question.

Vikash Kumar

(Manager)
ETLICustomer

Good overall experience with informed representative. Good website to buy insurance yourself.

Premal Parikh

(Manager)
ETLICustomer

I just bought some other insurance along with Edelweiss Life...but Edelweiss Life service...u guys rock man... Thanks

Mrigendra

(Manager)
ETLICustomer

Excellent customer service,one of the best service I never heard,all the very best team

Parameshkumar

(Manager)
ETLICustomer

Customer service realy super and product schem is very nice.

Biswajit Roy

(Manager)
ETLICustomer

Very good to describe policy detail with very patience ,i like very much

Premchandra Paswan

(Manager)
ETLICustomer

The customer service is prompt and helpful for any clarification.

Sudipan Ghosh

(Manager)
ETLICustomer

Customer care people were very good in resonding to all my querries with patience. I appreciate them

Thotli Jayaprakash

(Manager)

Fire Away Queries guaranteed income plan

Fire Away Queries

Like teachers say, there are no silly questions

Why should I invest in a Guaranteed Income Plan?

The stock market can often be volatile, so it’s always safe to have a backup plan. A guaranteed return plan offers a pandemic-proof and recession-proof income, that  remains unaffected by market conditions. This plan caters to your financial needs for organized wealth accumulation, along with providing protection for your family and giving tax benefits. With these benefits, you can ensure your achievement of future goals, whether it be a relaxed retirement, child’s education, luxury car, or even a dream vacation!

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Edelweiss Life – Guaranteed Income STAR is a savings plan designed to provide guaranteed income, protection to your family from any financial loss in case of an untimely death or diagnosis of a covered Critical Illness, and also offers tax savings up to Rs. 46,800 with premiums paid u/s 80C. It has two different plan options to help you customize the plan as per your requirements

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You may want an early retirement that can be enjoyed in style with a regular guaranteed income, or it could be an international education course for your child. It would be ideal to invest in a plan that helps you accumulate wealth and generate income via guaranteed returns to achieve these goals, even in your absence. Other goals may include finishing off your loans, buying your dream car, house, or planning a foreign trip with your family.

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The minimum maturity age is 18 and the maximum maturity age is 100, both as per the last birthdays.

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Yes, you can choose to receive your regular guaranteed income with or without the Lumpsum Income option on the maturity date.

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Yes, all the benefits in this plan are guaranteed.

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There is a Large Premium Discount available, which means you can enhance your guaranteed income amount by aiming for high annualized premium bands, i.e., 1 lac, 2 lacs, 5 lacs or above.

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Under the large income option, you can choose to receive your guaranteed income via Level Income or Increasing Income. The Level Income option refers to receiving the same amount each policy year. The Increasing Income option refers to the income amount increasing each policy year by a predetermined multiplier factor.

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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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This plan offers 2 plan options to choose from – Flexible Income & Large Income. The Flexible Income option offers a regular stream of guaranteed income, called the

‘Income Benefit Pay-out’ starting from the chosen policy year, starting from as early as the 2nd policy year. This is called the ‘Income Start Point’. You will receive your guaranteed income from this policy year till the end of policy term.

The Large Income option offers the choice of receiving your guaranteed income on predetermined policy years after the completion of your premium paying term. You can choose to receive this income via Level Income or Increasing Income option.

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With all plan options, there is an additional optional benefit called the Family Income Benefit. This benefit ensures that in case of an unfortunate event of death or diagnosis of a covered Critical Illness of the Life Insured, you and your loved ones don’t have to compromise on your dreams as you/they will continue to receive benefit. There are two options available under the Family Income Benefits - Family Income Benefit on Death or Family Income Benefit on Critical Illness and Death.

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For all plan options, the Premium Paying Term (PPT) options are 5, 8, 10 & 12 years.

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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 

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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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In case of death due to suicide within 12 months from the risk commencement date or from the date of revival of the policy, your beneficiary shall be entitled to receive at least 80% of the Total Premiums Paid, provided the policy is in in-force.

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Grace period of 15 days, where you pay the Premium monthly, and 30 days in all other cases, is available.

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any query guaranteed income star

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We are always there for you

For queries, write to [email protected]

Contact us on 022 6611 6021

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

2- Policy loan are subject to terms & conditions of the product. Refer product brochure for more details.

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

6 - Income Benefit payouts are paid End of the Year.

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

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

* Tax benefit of ₹ 46,800 is calculated at highest tax slab rate of 30% (in addition to income tax, cess of 4% is also applicable) on life insurance premium u/s 80C of ₹ 1,50,000. As per provisions of Income Tax Act, 1961. Tax benefits are subject to changes in tax laws.
** - Claim statistics are for Financial Year 2023-24 and is computed basis individual claims settled over total individual claims for the financial year. For details, refer to Public Disclosures in our Website.
^³ - Listed as one of the Most Trusted BFSI Brands 2023 by Marksmen Daily. The survey conducted by LeadCap Ventures for Marksmen Daily appraised the brands based on parameters like quality & consistency, uniqueness, value delivered, Brand affinity, innovation, affluence and more. Source: https://marksmendaily.com/2023/06/24/building-trust-in-a-changing-world-order/

Edelweiss Life - Guaranteed Income STAR is a Non-Linked, Non-Participating, Individual, 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 sales brochure carefully before concluding a sale.

Edelweiss Life Insurance Company Limited (formerly known as ‘Edelweiss Tokio Life Insurance Company Limited’).
Flower & Edelweiss (as displayed above) are trademarks of Edelweiss Financial Services Limited used by Edelweiss Life Insurance Company Limited under license.
IRDAI Reg. No.: 147 | CIN: U66010MH2009PLC197336 | UIN: 147N073V03 | ARN: WP/3932/Oct/2024
Registered & Corporate Office: 6th Floor, Tower 3, Wing ‘B’, Kohinoor City, Kirol Road, Kurla (W), Mumbai 400070.
Toll Free No.: 1800 212 1212 | Fax No.: +91 22 6117 7833 | www.edelweisslife.in

BEWARE OF SPURIOUS PHONE CALLS AND FICTIOUS/FRAUDULENT OFFERS

IRDAI is not involved 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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