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Product Information
Other Plans Edelweiss WAAC
Synopsis:
fjrigjwwe9r3SDPrivInsuProd:Synopsis
An investment-cum-risk protection ULIP with tailor made solutions to match your wealth accumulation needs along with the facility to switch your accumulated investment from one fund to another at the opportune time. See your money work for you. An excellent tool to generate funds to meet all future goals like owning a house, luxury vacations etc.

Features:

fjrigjwwe9r3SDPrivInsuProd:Features
  • Facility Of Switch
    Policyholder can modify the existing asset allocation as per the changing risk appetite or to take advantage of the fluctuating markets
  • Top-Up Facility
    ULIP with top-Up facility to enable you to add more to your investments through a one-time contribution over and above your regular premiums.
  • High Performing Funds
    Allocate premiums in six high performing funds based on your risk profile.
  • Fund value is payable on survival of life assured till the end of policy term. Policyholder also has the option to receive the maturity proceeds in lumpsum or in instalments.
Eligibility:
fjrigjwwe9r3SDPrivInsuProd:Eligibility

Entry Age (Last Birthday) Minimum : 5 Years
Maximum : 65 Years
Maturity Age (Last Birthday) Minimum : 18 Years
Maximum : 75 Years
Policy Term 10, 15, 20, 25 And 30 Years
Premium Paying Term Regular Premium: Same As Policy Term Limited Premium: 5/ 7/ 10 Years
Sum Assured Minimum : 
For Entry Age Below 45 Years - Ap × Higher Of (10, 0.5 × Pt)
For Entry Age Of 45 Years And Above - Ap × Higher Of (7, 0.25 × Pt)
Top-Up: For Age Of Entry
Below 45 Years: Top-Up Premium × 1.25
For Age Of Entry 45 Years And Above: Top-Up Premium × 1.10 
Maximum:
Regular And Limited Pay: For Entry Age Below 45 Years - Ap × 25
For Entry Age 45 Years And Above - Ap × 20
Top-Up: Top-Up Premium × 5
Premium Payment Frequency Monthly, Quarterly, Semi-Annually Or Annually
Basic Premium Minimum Rs. 25,000, If Paid Annually
Minimum Rs.18,000, If Paid Semi-Annually
Minimum Rs.9,000, If Paid Quarterly
Minimum Rs.3500, If Paid Monthly
Minimum Rs. 5000, For Top-Ups
Maximum: No Limit