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"IN THIS POLICY, INVESTMENT RISK IN THE INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER"

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Build the Engines of  Regular 
Guaranteed¹ Income for Tomorrow!

Zindagi is better with a plan which gives a regular guaranteed¹ income even in uncertain times.
That is why we present Edelweiss Life Premier Guaranteed Income - a guaranteed¹ income plan
along with a life cover & tax benefits³. This plan offers 4 options to take care of different
financial goals.

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Take a step ahead to secure your goals

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Premier Guaranteed Income Additional Resources

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Secure your future by starting now and gaining a comprehensive understanding of the plan.
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Product Brochure
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Rate Table
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Reasons Why This Plan Is A Guaranteed¹ Hit!

Reasons Why This Plan Is A Guaranteed¹ Hit!

Benefits of Premier Guaranteed Income

Benefits of Premier Guaranteed Income

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This plan can be described as ‘Single Battery Double Power’. Get both - the benefits of protection with life insurance and regular guaranteed¹ income with tax benefits³ through 4 plan options.

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One size doesn’t fit all! Therefore, this plan offers 4 plan options to give guaranteed¹ income. Edelweiss Life Premier Guaranteed Income offers the flexibility to select a plan option basis your life goals – Lump sum, Short Term Income, Long Term Income & Retirement Income.

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No surprises here! With this plan, get guaranteed¹ returns no matter the circumstance, on your investment. The advantage of this plan is that you know exactly how much you’re getting out of it, so you can plan your future goals accordingly.

We’re always ready to help in any situation! This optional benefit ensures that in case of an unfortunate death or diagnosis of covered Critical Illness, 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 under this benefit - Family Income Benefit on Critical Illness & Family Income Benefit on Critical Illness and Death.

Don’t let financial trouble stop you from your goals!We want you to live your zindagi unlimited, even if you need a little support to do it. That is why Edelweiss Life Premier Guaranteed Income offers you the choice to avail a loan² for urgent need of cash flow

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We dislike deductions as much as you. The premiums you pay towards this plan are eligible for deductions under section 80(C) and the income you get has tax benefits³ under section 10(10D)

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4 Plan Options

4 Plan Options

Option 1 – Lump sum

  • Helps create a guaranteed¹ corpus for future.
  • Maturity Benefit is guaranteed¹.
  • Choose the Policy Term option available corresponding to the Premium Paying Term.
  • Premium Paying Term (PPT) options available (in years) – 5 | 8 | 10 | 12.
  • Policy Term (PT) options corresponding to the PPT above (in years) - 10,15,20 | 10,15,20 | 12,15,20 | 15,20
  • Income Benefit Pay-out not applicable.
  • Critical Illness Benefit Option available with Family Income Benefit.

Option 2 – Short Term Income

  • Helps create regular income for short term 
  • Maturity Benefit not applicable. 
  • Income Benefit Payout - a regular stream of income will be payable post 2 years of completion of PPT 
  • Choose the Policy Term option available corresponding to the Premium Paying Term 
  • Premium Paying Term (PPT) options available (in years) – 8 | 10 | 12 
  • Policy Term (PT) options corresponding to the PPT above (in years) – 18 | 22 | 26. This includes the Income Payout duration. 
  • Critical Illness Benefit Option available with Family Income Benefit. 

Option 3 – Long Term Income

  • Helps create regular income for long term 
  • Maturity Benefit applicable if Lump sum benefit opted 
  • Income Benefit Payout - a regular stream of income will be payable post 2 years of completion of PPT. 
  • Choose the Policy Term option available corresponding to the Premium Paying Term 
  • Premium Paying Term (PPT) options available (in years) – 5 | 8 | 10 | 12 
  • Policy Term (PT) options corresponding to the PPT above (in years) – 22,27,32,37 | 25,30,35,40 | 27,32,37,42 | 29,34,39.  This includes the Income Payout duration. 
  • Critical Illness Benefit Option available with Family Income Benefit.

Option 4 – Retirement

  • Helps create regular income for retirement.
  • Maturity Benefit applicable on survival. 
  • Income Benefit Payout - a regular stream of income will be payable post 2 years of completion of PPT for 20 years. 
  • Choose the Policy Term option available corresponding to the Premium Paying Term. 
  • Premium Paying Term (PPT) options available (in years) – 5 | 8 | 10 | 12 
  • Policy Term (PT) is 80 minus entry age. This includes the Income Payout duration. 
  • Critical Illness Benefit Option available with Family Income Benefit. 

Choice of 6 Riders⁹

Choice of 6 Riders⁹

Get Guaranteed¹ Income in just 4 steps!

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 Family Income Benefit on Critical illness 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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Capital Guarantee¹: Assurance Amidst Market Fluctuations

Market-linked returns, with an additional benefit of guaranteed¹ return of your total invested premium at maturity

  • Benefits of market-linked returns and guaranteed¹ lumpsum in one plan

  • Enhanced cover option with sum assured & booster additions

  • Little Star Benefit option to protect your child’s future

  • Tax benefits³ u/s 80c & 10(10d) to shield your savings

Income Assured. Promises Secured with Regular Guaranteed¹ Income!

Pandemic, Recession, or anything – keep your guaranteed¹ income flowing!

  • Regular Guaranteed¹ Income + Life Cover + Tax Benefits³ up to ₹46,800* in one plan

  • Option to start a Regular Stream of income from 2nd policy year⁶

  • Choice of 2 plan options – Flexible Income or Large Income

  • Option to avail additional Lumpsum pay-out at the time maturity

     

Savings Ke Liye Effective Solution!

The affordable way to start growing your wealth, fulfilling your goals and protection needs.

  • All you need to start is Rs. 1000 p.m.

  • Life cover till you’re 100

  • Option to get maturity benefits in just 5 years

  • Tax Benefits³ u/s 80(C) on premiums paid & u/s 10(10D) on maturity benefit

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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

Here's Why Our Customers Adore Us

Here's Why Our Customers Adore Us

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Fire Away Queries

Fire Away Queries

Like teachers say, there are no silly questions

Why should I invest in a guaranteed¹ income plan?

A plan that offers guaranteed¹ returns ensures that you have a source of income, no matter the circumstances. This plan caters to your need for stable wealth accumulation, along with providing protection for your family and giving tax³ benefits. With these benefits, you can ensure your achievement of future goals, whether it be a happy retirement or paying for your child’s education

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Edelweiss Life – Premier Guaranteed Income is a life insurance plan designed to provide a protection to your family from any financial loss in case of an untimely death or diagnosis of covered Critical Illness, and also offers a guaranteed¹ regular income and / or guaranteed¹ lump sum to you and your family, provided all due premiums are paid. It has four plan options to help you customize the plan as per your requirement.

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You may want an early retirement which can be enjoyed in style with regular guaranteed¹ income, or it could be an international education course for your child. It would be ideal to invest in a plan which helps you accumulate wealth / generate income via guaranteed returns to achieve these goals, even in your absence.

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Yes, all the benefits in this plan are guaranteed¹.

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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 4 plan options to choose from – Lump sum, Short term Income, Long Term Income & Retirement Income, basis your life goals. You could want an early retirement that you could enjoy in style with regular guaranteed income through the Retirement Income option, or you could gift your child a regular higher education tuition fees through Short Term Income option or Long Term Income option, or it could be an international education course for your child for which you may need a lump sum guaranteed¹ payout.

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With all Plan Options, there is an additional optional benefit of Family Income Benefits. This benefit ensures that in case of an unfortunate event of death or diagnosis of 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 Benefits on Critical Illness and Family Income Benefits on Critical Illness and Death.

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

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The policy term for this plan depends on the plan option selected -

 

Lump Sum

For 5 PPT: 10, 15 & 20 For 8 PPT: 10, 15 & 20 For 10 PPT: 12, 15 & 20 For 12 PPT: 15 & 20

Short Term Income

For 8 PPT: 18 For 10 PPT: 22 For 12 PPT: 26

Long Term Income

For 5 PPT: 22, 27, 32 & 37 For 8 PPT: 25, 30, 35 & 40 For 10 PPT: 27, 32, 37 & 42 For 12 PPT: 29, 34 & 39

Retirement Income

80 minus entry age

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A rider is an additional benefit that you can opt for, to enhance your plan. These are available at a nominal extra cost.

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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. Policy loan is subject to terms & conditions of the product. Refer product sales brochure for more details.

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You have a period of 15 days from the date of the receipt of the policy document. Policy loan is subject to terms & conditions of the product. Refer product sales brochure for more details.

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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 Queries For Premier Guaranteed Income

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We are always there for you!

For queries, write to onlinesales@edelweisslife.in
Contact us on 022 6611 6017

Premier Guranteed Income Videos

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.

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

** - Claim statistics are for Financial Year 2022-23 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 - Accidental Total and Permanent Disability Rider is only an Individual, Non-Linked, Non-participating, Pure Risk Premium, Health Insurance rider.  UIN 147B001V04

Edelweiss Life - Accidental Death Benefit Rider is only the name of an Individual, Non-Linked, Non-participating, Pure Risk Premium, Health Insurance Rider. UIN 147B002V04

Edelweiss Life - Critical Illness Rider is only the name of the Individual, Non-Linked, Non-participating, Pure Risk Premium, Health Insurance rider. UIN 147B005V04

Edelweiss Life – Payor Waiver Benefit Rider is only the name of the Individual, Non-Linked, Non-participating, Pure Risk Premium, Life Insurance Rider.  UIN 147B014V05

Edelweiss Life - Waiver of Premium Rider is only the name of the Individual, Non-Linked, Non-participating, Pure Risk Premium, Health Insurance rider. UIN 147B003V05

Edelweiss Life – Income Benefit Rider is only the name of an Individual, Non-Linked, Non-participating, Pure Risk Premium, Life Insurance Rider. UIN 147B015V02

Edelweiss Life – Premier Guaranteed Income is only the name of an Individual, Non-Linked, Non-Participating, Savings, Life Insurance Product and does not in any way indicate the quality of the plan, its future prospects or returns. 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.
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: 147N072V03 | ARN: WP/3444/Oct/2023

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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