Edelweiss Launches Premier Guaranteed Star Plan For Regular Income Option
Edelweiss Tokio Life, a leading life insurance company in India recently made an addition to its product portfolio with the launch of the Premier Guaranteed Star Plan. Edelweiss on the basis of customer insights offered by its partner CSB bank designed the Premier Guaranteed Star Plan. This income-oriented plan is launched as an effort to offer its customers a regular/alternate source of income.
With the Edelweiss Premier Guaranteed Star Plan, policyholders can easily secure their future goals as regular income will be provided to them. The payment will be done throughout the policy term provided the premiums have been paid on time. A lump sum amount upon maturity will also be given to the policyholders of the Premier Guaranteed Star Plan.
Along with guaranteed regular income, you can also get additional survival benefits. This can be done by paying an extra premium and adding riders to the Premier Guaranteed Star Plan. Some of the rider options that can be included in the Premier Guaranteed Star Plan are accidental death benefit rider, critical illness rider, accidental total and permanent disability rider, etc. Moreover, the survival benefit is paid out in different durations, for instance, 10, 15, 20, 25, or 30 years.
Thus, a plan like Edelweiss Premier Guaranteed Star Plan is a very helpful plan in securing future goals like planning for a child’s education/marriage, retirement planning, and more.
Also read: HDFC Life Requests IRDAI To Grant Entry Into Indemnity Health Insurance Market
