Wealth Plus Buy
"IN THIS POLICY, INVESTMENT RISK IN THE INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER"
Let's start with the basic details to help you calculate your returns for tomorrow!
Why Wealth Plus ?
What Makes Us Your Ideal Partner
99.23% Claim Settlement Ratio**
Our Promise of Integrity- 99.23% Claim Settlement Ratio** for FY 2024
Recognized for Our Remarkable Customer Journey!
'Bolt' wins under 'Public & Private Collaboration' category at NASSCOM Foundation TechForGood Awards 2024^³
1- Some benefits are guaranteed and some benefits are variable with returns based on the future performance of your insurer carrying on life insurance business. If your policy offers guaranteed benefits then these will be clearly marked "guaranteed" in the illustration table on this page. If your policy offers variable benefits then the illustrations on this page will show two different rates of assumed future investment returns. These assumed rates of return are not guaranteed and they are not the upper or lower limits of what you might get back, as the value of your policy is dependent on a number of factors including actual future investment performance.
2- The past performance is not necessarily indicative of future performance.
3 - These allocations start with Extra Allocation at 1% for first 5 years. From 6th year onward you receive premium booster starting at 3% and increasing to 5% and 7% every 5 years. Allocation will be made only if premium is paid within the grace period.
4- For more details please read the sales brochure separately.
*Mortality charges refunded are excluding extra mortality charges due to sub-standard life and taxes as applicable and all due premiums are paid and policy is in-force.
^As per provisions of Income Tax Act, 1961. Tax benefits are subject to changes in tax laws.
^³ - Source: Nasscom Foundation concludes the 3rd edition of TechForGood Awards 2024, powered by CGI to recognize innovations driving social impact[SI1] . Among our Udaan Strategy’s 4 key projects, Bolt has helped us introduce insta-decision capabilities in our customer onboarding journey. This in turn has significantly improved customer buying experience. This award recognizes this innovative use of technology to create positive impact.
** - 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.
The Linked Insurance Products do not offer any liquidity during the first five years of the contract. The policyholder will not be able to surrender/withdraw the monies invested in Linked Insurance Products completely or partially till the end of the fifth year.
Unit Linked Life Insurance products are different from the traditional insurance products and are subject to the risk factors. Edelweiss Life Insurance is only the name of the Insurance Company and Edelweiss Life – Wealth Plus is only the name of A Unit Linked, Non-Participating, Individual, Life Insurance Product and does not in any way indicate the quality of the contract, its future prospects, or returns. The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these plans, their future prospects and returns. Please know the associated risks and the applicable charges from your Personal Financial Advisor or the Intermediary or policy document of the Insurer. The premium paid in unit linked life insurance policies are subject to investment risk associated with capital markets and the unit price of the units may go up or down based on the performance of investment fund and factors influencing the capital market and the policyholder is responsible for his/her decisions. Tax benefits are subject to changes in the tax laws. For more details on risk factors and terms and conditions, please read sales brochure carefully before concluding a sale.
Flower & Edelweiss are trademarks of Edelweiss Financial Services Limited used by Edelweiss Life Insurance Company Limited under license.
Edelweiss Life Insurance Company Limited (formerly known as ‘Edelweiss Tokio Life Insurance Company Limited’) | IRDAI Reg. No.: 147. CIN: U66010MH2009PLC197336. UIN: 147L055V04 | ARN No: WP/4074/Jan/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. |