Why you should choose Active Income Plan

Benefit of Active Income Plan –

Protection and Income till 99 years
This plan can be described as ‘Single Battery Double Power’. Get both – the benefits of life insurance and regular income with tax benefits because this plan is twice as nice! You can start getting your income from the 2nd year of your policy all the way till you’re 99!

Income Options
Get served the way you prefer. Choose when you want to get your income from 2 options. By choosing Early Income you can start getting your Guaranteed Income from the end of your 2nd policy year. If you choose the Deferred Income option, you start receiving income a year after the policy paying term ends.

Family Income Benefit
This plan is like a security blanket for the family. We’ll help you find the silver lining even in the toughest situations. With this option, in case of death or getting diagnosed with a listed critical illness, we’ll make sure your family is financially secure by providing them the Income Benefit and Maturity Benefit, without them having to pay future premiums.

Cash Bonus
We like to celebrate good times together. Every time we, as a company, do well, we like to treat everyone who’s been with us on this journey. So, look forward to getting a cash bonus, if declared, as a reward!

Loan Facility
Don’t let financial trouble stop you from achieving your goals! We want you to live your Zindagi unlimited, even if you need a little support to do it. That’s whyEdelweiss Tokio Life Active Income Plan offers you the choice to avail of a loan for the urgent need of cash flow.

     

    Plan Your Financial Growth

    Example –

    Rahul Invest 50000 Rs every year till 10 Years, Rahul’s Annual income starts from the second year and till 99 years Rahul Receives Maturity Benefit of 5600000 Rs

    Guaranteed Income Type
    Be stable and dependable or rising and conquering! Choose from the Level Guaranteed Income that gives you 1.5% of the sum assured on Maturity at every payout or the Increasing Guaranteed Income which first gives you 0.75% of your sum assured on maturity and then, increases annually by 5%. Increasing income option is available only with deferred income option.

    Riders
    Enhance your plan! With Edelweiss Tokio Life – Active Income Plan, you can opt for additional benefits in the form of riders. The available riders for this plan are Accidental Death Benefit Rider, Accidental Total and Permanent Disability Rider, Critical Illness Rider, Income Benefit Rider, Waiver of Premium Rider and Payor Waiver Benefit Rider

    Tax Benefits
    We believe in the statement, ‘No Deductions, No Worries’. Everything’s better when it’s got tax benefits! The premiums paid under this plan are eligible for tax benefit under Section 80 (C) and the income you get is eligible for tax benefit under Section 10(10D).

    How it Works

    How Active Income plan Works