Edelweiss Tokio Life Insurance New Product Launch & Analysis

Innovation & Market Research

List of Products

Wealth Accumulation Cover Plus

Wealth Accumulation Accelerated CoverWealth Accumulation Accelerated Cover

Wealth Accumulation Comprehensive Cover

Education Plan

Protection Plan

Income Replacement Plan

Cash Flow Protection Plan

Edelweiss Wealth Accumulation Cover Plus

* ULIP with Guaranteed Additions

* Min/ Max Entry Age: 5/65 Years (Max Maturity Age: 75 Y) * P li T 10/15/20/25/30 PPT RP/LPPT 5/7/10* Policy Term : 10/15/20/25/30 years ; PPT: RP/LPPT: 5/7/10 years

* Min/ Max Sum Assured : 10/ 25 * AP (depending upon age)

* Death Benefit – Fund value + SA* Maturity Benefit – Fund value

* Guaranteed Loyalty Additions Guaranteed Loyalty Additions (as % of Premium) : At end of year 8-9: 2% ; At end of year 10-13: 3 to 4% (depending upon premium band & term) ; At end of year 14: 3 to 6% (depending upon premium band & term) ; Year 15+: 2%

* Flexibilities: Premium Redirection ; Loan upto 40% of fund value; Changes in PPT and SA; Riders available (Waiver of Premium rider, ADB rider, ATPD rider, Term Rider )

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Unit Plus Super v/s Edelweiss Wealth Accumulation Accelerated Cover

PRODUCT NAME SBIL ‐ Unit Plus Super

Edelweiss Tokio Wealth Accumulation SBIL  Unit Plus Super 

Accelerated CoverRP/ SP RP/LPPT/SP  RP/LPPT

Age At Entry 7 ‐ 65 Years (Max Maturity Age – 75 Years)  5‐65 years(Max Maturity age: 75 years)

POLICY TERM RP & LPPT : 10 Years or 15 to 30 Years ; SP : 5 /30 Years 10/15/20/25/30 Years(fixed)POLICY TERM  RP & LPPT : 10 Years or 15 to 30 Years  ;  SP : 5 /30 Years  10/15/20/25/30 Years(fixed)

PPT Policy Term /LPPT(5/8/10 Y) /Single Pay Policy term /LPPT (5/7/10 Y) 

Premium Mode Yearly/ Single Pay  M/Q/HY/Y

Min RP : Rs 30 000/ ; LPPT : Rs 40 000/ ; SP : Rs 65 000/ Min: Rs 25 000(annual)Premium Amount

Min ‐ RP : Rs 30,000/‐ ; LPPT : Rs 40,000/‐ ; SP : Rs 65,000/‐Max ‐ Rs 1,50,000/‐

Min: Rs 25,000(annual) Max: No limit

Riders Available AvailableMaturity Fund Value Fund Value

Death Benefit Higher of Fund Value or SA Higher of Fund value or SADeath Benefit Higher of Fund Value or SA Higher of Fund value or SA

Guaranteed Additions RP: upto 75%; LPPT & SP: upto 25%(as % of Premium) – Depending Upon premium band & term Y 8‐9: 2% ; Y 10‐13: 3 to 4% , Y 14: 3 to 6% ,Y 15+:2%

Administration Ch

RP: Y 1‐5: Nil; Y 6 onwards: Rs 60 pm ;    SP R 50/ th

Rs 50/‐ pm inflating 5% paCharges  SP: Rs 50/‐ per month

/ p g p

Premium Allocation Charges 

Y1 : 9%;    Y2 & 3 : 6.5% ;     Y4‐5: 6%; Y 6‐7: 3.5%; Y8‐ 10: 3%;   Y11+: Nil ;  SP: 3.00%

Yr 1: 3‐6%; Yr 2‐5: 3‐4%Yr 6‐7:: 2%; Afterwards: Nil

I /D i SA P i R di tiFlexibility

• Increase/Decrease in SA• Premium Redirection 

• Premium Redirection ;• Loan upto 40% of fund value;

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Edelweiss Wealth Accumulation Comprehensive Cover

* ULIP with Guaranteed Additions

* Min/ Max Entry Age: 5/65 Years (Max Maturity Age: 75 Y) * P li T 10/15/20/25/30 PPT RP/LPPT 5/7/10* Policy Term : 10/15/20/25/30 years ; PPT: RP/LPPT: 5/7/10 years

* Min/ Max Sum Assured : 10/ 25 * AP (depending upon age)

* Death Benefit – Fund value + SA + Income Protection Benefit (10% AP paid each month for 120 months )* Maturity Benefit – Fund value

* Guaranteed Loyalty Additions (as % of Premium) : At end of year 8-9: 2% ; At end of year 10-13: 3 to 4% (depending upon premium band & term) ; At end of year 14: 3 to 6% (depending upon premium band & term) ; Year 15+: 2%

* Flexibilities: Premium Redirection ; Loan 40% of fund value; Changes in PPT and SA; riders available (Waiver of Premium rider, ADB rider, ATPD rider, Term Rider )

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Edelweiss Tokio Education Plan

* Non-linked non-participating Life Insurance Plan with Guaranteed Additionsp p g

* Min/ Max Entry Age: 21/65 Years.(Child Age: 0-17 years)* Max Maturity age: 75 Y (Max Maturity age of child: 30 Years)y g ( y g )

* Policy Term: 10-25 Years, PPT: LPPT (5,7,10,15 Years) & RP * Sum Assured: Rs 2,50,000/ No Limit, Premium Paying Frequency : Y/HY/Q/M

* Maturity Benefit : Maturity Payout Installments as per benefit plan, spread over a max of 6 Ys: Marriage (1 payout)/PG(2 payouts)/Grad (4 payouts) /Intgrtd 5 Yr Degree( 5 payouts)/Dual Degree ( 6 payouts)* Additional Guaranteed Amt (as % of SA): Depending on Policy Term(can be withdrawn anytime during payout period): 10-14 Y: 25%; 15-19 Y: 40%; 20-25 Y: 50%

* Death of Life Assured : SA+1% SA monthly till Maturity + Future Premiums waived.* Death of Child before LA: Premi m Ref nded (excl ding Extra & FYP); Policy can be contin ed* Death of Child before LA: Premium Refunded (excluding Extra & FYP); Policy can be continued. * Death of Child after LA: Benefits payable at discounted value.

* Riders available: Term ADB and ATPD ADB Rider along with inbuilt Waiver of Premium rider* Riders available: Term , ADB and ATPD , ADB Rider along with inbuilt Waiver of Premium rider.

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Edelweiss Tokio Protection Plan

* Non-linked non-participating Term Plan Non linked non participating Term Plan

* Min/ Max Entry Age: 18/60 Years.* Maturity age: 28 to 70 Y

* Policy Term: 10-30 Years ; Premium Payment Frequency: Annual only* PPT P li T /SP/ PPT 5 10 (F 20 Y d b ) 15 (F 25 Y d b )* PPT: Policy Term/SP/LPPT [5, 10 (For term 20 Y and above), 15 (For term 25 Y and above)]

* Sum Assured: Rs 15,00,000/ No Limit* Death Benefit : Sum Assured

* Discounts available for non-tobacco users. * High Sum Assured Rebates.

* Riders available: Waiver of Premium Rider, Accidental Death Benefit Rider, ADB and ATPD rider.

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Edelweiss Tokio Income Replacement Plan 

* Traditional non-participating Term Plan with Income Benefit Traditional non participating Term Plan with Income Benefit

* Min/ Max Entry Age: 18/60 Years.* Maturity age: 28 to 70 Y

* Policy Term: 10-30 Years ; Premium Payment Frequency: Annual only* PPT P li T /SP/ PPT 5 10 (F 20 Y d b ) 15 (F 25 Y d b )* PPT: Policy Term/SP/LPPT [5, 10 (For term 20 Y and above), 15 (For term 25 Y and above)]

* Monthly Benefit: Rs 15,000/ No Limit* Sum Assured : Monthly Benefit * 12* Policy Term

* Death Benefit : Monthly Benefit paid increasing at 5% pa till end of term or 5 Ys, whichever later* Maturity Benefit : NA

* Discounts available for non-tobacco users. * High Sum Assured Rebates (i e High Monthly Benefit Discount)* High Sum Assured Rebates (i.e. High Monthly Benefit Discount)

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Edelweiss Cashflow Protection Plan 

* Traditional Participating Endowment Plan with Limited Premium Payment Option

* Min/ Max Entry Age: 5/65 Y ; Min/Max Maturity Age : 85/100 Years * Policy Term (Min/Max) : 85 less age at entry / 95 Years ; PPT : 10/15/20 Years

* Min Annual Premium : Rs 5,702/No Limit * Min/Max Sum Assured : Rs 75,000/ No Limit

* Guaranteed Death Benefit - SA+ Ga. Accrual Benefit (as %age of SA, depending on PPT and Year ofDeath)

* Survival Benefit : Ga. Money Back (as 5%age of SA) payable from 7th policy year(10Y PPT)/10th PolicyYear(15Y PPT)/13th Policy Year(20Y PPT) + Cash Bonus(if any)* Maturity Benefit: 110% SA (10Y PPT)/125% SA (15 Y PPT)/140% SA(20 Y PPT)

* High Sum Assured & Female Life Rebates ; Loan Available* Riders Available: ABD Rider, ATPD rider, CI Rider, Term Rider, Waiver of Premium Rider

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