Edelweiss Tokio Life launches 2 unit-linked plans

MUMBAI: Private insurer Edelweiss Tokio Life Insurance today launched two unit-linked insurance plans that would seek to maximise returns for customers with sufficient life cover.

The company said that it would offer two products, namely, Wealth Accumulation (Privilege) and Wealth Enhancement Ace, that will cater to the wealth accumulation and wealth enhancement needs of the customers.

The products have been designed to ensure that a customer enjoys benefits of wealth creation bundled with insurance cover, Edelweiss Tokio Life CEO Deepak Mittal said in a release issued here.

One of the highlights of Wealth Accumulation policy is the zero policy administration charge and flexibility in paying premiums while Wealth Enhancement Ace offers customers a steady way of enhancing wealth by a single premium.

Edelweiss Tokio Life Insurance, launched in July 2011, is a joint venture between Edelweiss Financial Services and Tokio Marine Holdings Inc, a global player.