Established in 2011, Edelweiss Tokio Life Insurance is a joint venture between the Tokio Marine Holdings Inc. of Japan and Edelweiss Financial services of Mumbai. It has become India's leading financial service provideRs. This company provides a wide range of products for fulfilling the financial need of its customers. What is Unit linked insurance plans? Unit linked insurance plans, or better known as ULIPS, are a combination of features of the insurance and a mutual fund. The premiums that the insured pays are useful to create a corpus in which the insurance company invests in stocks and shares of different companies that operate in the capital market. For calculation of the price of one Unit of the fund, one can divide the total market value of the amount of the corpus invested by the purchase of the total number of securities and thus derive the Net Asset Value (NAV). The premium paid in such plans is further useful to invest at the prevailing NAV, which is highly variable due to the market trend. ULIPS provides a good return depending upon the market with insurance coverage. Edelweiss Tokio unit linked insurance plans Unit linked insurance plans (ULIP) from Edelweiss Tokio Life Insurance Company's are insurance plans that have a perfect combination of insurance and investment features. It is designed in a way to meet all the expectations and requirements of the customer. Several types of Edelweiss Tokio Life ULIP Plans were introduced by the company to choose from as per the customers' needs. The following are the four Unit Linked Insurance Plans from Edelweiss Tokio – 1. Edelweiss Tokio Life Wealth Enhancement Ace 2. Edelweiss Tokio Wealth Accumulation (Accelerated Cover) 3. Edelweiss Tokio Wealth Accumulation (Privilege) 4. Edelweiss Tokio Life Wealth Accumulation (Cover Plus) Basic features of Unit Linked Insurance Plans The following are some of the basic features of Unit linked insurance plans–
Details of Edelweiss Tokio unit linked insurance plans Why should one choose the Edelweiss Tokio unit linked insurance plans? The Edelweiss Tokio unit linked insurance plans come with various benefits and features. Here are some of the reasons which make Edelweiss Tokio unit linked insurance plans one of the most trusted investment options –
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