Edelweiss Life - Wealth Secure+ - Equity Large Cap Fund

NAV on (08 May 2026)

54.4935

About Plan

In today s progressive world, there are ample opportunities to prove yourself in your chosen field and to do well. We understand that as an achiever, you would want to make the most of your achievements by enjoying a good lifestyle or planning for some big moments in your life. You may want an early retirement which can be enjoyed in grand style or it could be an international education course for your child. However, it is also important that you take necessary steps to take care of your family in all certain and uncertain events. This product provides life cover which will be useful to your family in case of unfortunate demise of the Life Insured.

Features

1) Life Cover: Ensures financial protection to your family in case of your unfortunate demise
2) Joint Life Cover: An option to cover you and your spouse in the same policy
3) Child Cover: Enhanced protection for your child by continuation of policy on your unfortunate demise
4) Affordable Premium: Option to start your savings even with Rs.1,000 per month
5) Fund Additions: To maximise your savings, provides additional allocation as follows:
A. Loyalty Additions: Added from the 6th policy year at the end of each policy year
B. Booster Additions: Added at the end of 10th policy year and every 5th policy year thereafter
C. Maturity Addition: Added at maturity
6) Multiple funds: Option to choose from a bouquet of 7 funds with unlimited switches if op ted for Self-Managed Strategy.

Policy Term

Option 1: 5 - 25 years, Option 2 : 100 minus entry age, 5 - 25 years

Premium Payment Term

Regular Pay: Same as Policy term,
Limited Pay: 5 years - (Policy term minus 1) years

Premium payment mode

Monthly, Quarterly, Semi-Annually & Annually

Sum Assured Details

Minimum Sum Assured - 7 x Annualized Premium
Maximum Sum Assured - 10 x Annualized Premium

Maturity Benefits

On survival of the Life Insured till the maturity date, provided the policy is in force, the fund value calculated at the
prevailing NAV on the maturity date will be payable as lumpsum or as per the settlement option chosen which is detailed below.
Settlement Option: Under this option, you need to choose:
- Payout period (option of 1, 2, 3, 4 or 5 years); and
- Frequency of pay-out (yearly, half-yearly, quarterly or monthly instalments)
Once you have chosen the payout period and the frequency, the amount paid out in each instalment will be the outstanding Fund Value as on that instalment date divided by the number of outstanding instalments. For example, you choose the payout period of 3 years to be paid out in monthly instalments which means you have opted for 36 instalments.
Let s say the Fund Value at the beginning of payout period is Rs.50,00,000. The first pay-out will be calculated as
Rs.50,00,000 / 36 = Rs.1,38,889.
Let s say at the time of 15th instalment, the Fund Value is Rs.33,50,000. Here, outstanding instalments are now 22. Hence, the 15th pay-out will be calculated as Rs.33,50,000 / 22 = Rs.1,52,273. Settlement Option can be selected/modified at least six months prior to maturity. It will be managed in the below mentioned method -
- The instalments will be paid throughout the chosen payout period. The instalments will be paid periodically at the pay- out frequency chosen by the policyholder with the first instalment to be paid on the maturity date.
- The amount paid out to you in each instalment will be the outstanding Fund Value as at that instalment date divided by the number of outstanding instalments.
- Instalment payments will be made by redeeming Units from the Funds at the Unit Price applicable on the instalment date.
- The risk cover shall be maintained at 105% of the total premiums paid. Accordingly, mortality charges will be deducted.
- No charges except FMC, switching charges, if any, and mortality charges will be deducted during this period.
- At any point of time, the Policyholder can ask for full payment of balance Fund Value, without any charges.
- On complete withdrawal request the Fund Value as on date will be payable.
- The outstanding Fund Value will continue to remain invested in the existing funds unless specifically changed by policyholder. During the settlement period, the investment risk in the investment portfolio is borne by the policyholder
- In case of death of Life Insured during settlement period: Higher of balance fund value or 105% of the total premiums paid, is payable to the nominee/ legal heir.
- Half-yearly, Quarterly and Monthly modes are available only through ECS credit.
- Partial withdrawals are not allowed during this period.
- Switches are allowed during this period.
- No Loyalty Additions, Booster Additions or Maturity Additions will be added during the period of the Settlement option.

Free Look Period

The policyholder has a period of 15 days from the date of the receipt of the policy document to review the terms and conditions of the policy and where the policyholder disagrees to any of the terms and conditions, the policyholder has an option to return the policy stating the reasons for objection, in which case policyholder shall be entitled to a refund of the amount as follows: Fund Value at the date of cancellation plus (non allocated premium, if any plus charges levied by cancellation of units) minus (Stamp Duty + medical expenses, if any + proportionate risk premium for the period on cover).

Grace Period

Grace Period of 30 days is available for Annual, Semi-Annual and Quarterly premium payment modes and 15 days forMonthly premium payment mode. The policy will remain in force during the Grace Period. If any premium remains unpaidat the end of the Grace Period, the non-forfeiture provisions mentioned in the Non-Forfeiture section above will apply.

Policy Loans

No policy loan facility is available under this plan.

Surrender Details

At any time during the Policy Term, you can submit a written request to surrender the Policy. If the surrender request is received before the completion of first 5 policy years, the fund value net of discontinuance charge shall be credited to the discontinued policy fund. Thereafter the treatment will be as mentioned under
Discontinuance of Premiums
and
Policy Revival
section. If the surrender request is received after the completion of first 5 policy years, you shall be entitled to the fund value as on date of surrender and the policy will terminate.

Revival Details

You can revive the Policy within three years from the date of first unpaid premium. To exercise the Revival Option, you are required to provide the Company with a written application along with payment of all due and unpaid Premiums. The proof of continued insurability and medical examination, if required (medical examination cost to be borne by you) and the results thereof would be reviewed by the Company as per the then Board approved Underwriting Policy.

Premium allocation Charges

Nil

Fund Management Charges

FMC are levied as a percentage of the asset value of the relevant Fund and will be reflected in the NAV of the respective Fund. FMC are calculated and recovered on a daily basis before the calculation of the NAV of each corresponding Fund.

Policy Administration Charges

i. During premium paying term - Rs.50/- per month
ii. After premium paying term - Nil

Top-up charges

Nil

Switching Charges

Nil

Partial Withdrawal Charge

Nil

Returns (as on 08-May-2026)

Period	Absolute (%)	Annualised (%)
1 Week	0.6	0
1 Month	1.1	14.9
3 Months	-5.6	-20.7
6 Months	-5	-9.9
1 Year	-0.5	-0.5
2 Years	-2.6	-1.3
3 Years	31.1	9.4
5 Years	0	0

NAV Chart

Historic Graph:

From

52-week High

₹58.9983

02-Jan-2026

52-week Low

₹50.3215

31-Mar-2026

Claim & Solvency Ratio

Claim Ratio	Solvency Ratio
99% (2023-24)	2% (March 2024)

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Frequently Asked Questions About Insurance

Health

Life

Auto

Home

What is health insurance? +

Health insurance is a type of coverage that pays for medical and surgical expenses incurred by the insured. It may also provide coverage for other types of health-related costs, such as prescription drugs, mental health services, and preventive care.

Why do I need health insurance? +

Health insurance helps protect you from high medical costs. It provides access to medical care when you need it, helping to pay for doctor visits, hospital stays, surgeries, prescription medications, and other health-related services.

What is a premium? +

A premium is the amount you pay for your health insurance every month. Depending on your plan, the premium may vary based on factors like age, location, and level of coverage.

What is a deductible? +

A deductible is the amount of money you must pay out-of-pocket before your health insurance starts covering your medical expenses. For example, if you have a deductible of $1,000, you must pay $1,000 out-of-pocket before your insurance starts covering your medical bills.

What are copayments and coinsurance? +

Copayment (copay): A fixed amount you pay for a covered health care service, typically when you get the service. Coinsurance: The percentage of the cost you pay for covered health services after you've paid your deductible. For example, if your coinsurance is 20%, you pay 20% of the bill, and the insurance company pays the remaining 80%.

What is an out-of-pocket maximum? +

The out-of-pocket maximum is the maximum amount you can spend on your health insurance. If you exceed this amount, your insurance company will pay 100% of your medical expenses.

What is the difference between in-network and out-of-network providers? +

In-network providers: Health care providers that have a contract with your health insurance plan to provide services at negotiated rates. Out-of-network providers: Providers that don't have a contract with your insurance plan. Services from these providers may cost more or not be covered at all.

What is a Special Enrollment Period (SEP)? +

The Special Enrollment Period (SEP) is a special time during the year when you can sign up for or make changes to your health insurance plan. If you miss this period, you may have to wait until the next one unless you qualify for a Special Enrollment Period (e.g., due to a life event like marriage or having a baby).

Can I keep my doctor with health insurance? +

If you have a preferred doctor, it’s important to check if they are in-network with your insurance plan. If they are not in-network, you may need to pay more out-of-pocket, or you may have to switch to another doctor who is in-network.

What is a Health Savings Account (HSA)? +

A tax-advantaged account for people with high-deductible health plans (HDHPs). The funds roll over from year to year and can be used for qualifying medical expenses.

What is a Flexible Spending Account (FSA)? +

A tax-advantaged account for people with low-deductible health plans (LDHPs). The funds roll over from year to year and can be used for qualifying medical expenses.

What is a Health Maintenance Organization (HMO)? +

An HMO is a type of health insurance plan that requires you to choose a primary care physician (PCP) and get referrals from them to see specialists. HMOs often have lower premiums and out-of-pocket costs but offer less flexibility in choosing providers.

What is a Preferred Provider Organization (PPO)? +

A PPO is a health insurance plan that offers more flexibility in choosing healthcare providers and doesn’t require referrals to see specialists. You can see any doctor, but you’ll pay less if you use in-network providers.

What is the difference between a Health Savings Account (HSA) and a Flexible Spending Account (FSA)? +

HSA: A tax-advantaged account for people with high-deductible health plans (HDHPs) The funds roll over from year to year and can be used for qualifying medical expenses. FSA: A tax-advantaged account for people with low-deductible health plans (LDHPs) The funds roll over from year to year and can be used for qualifying medical expenses.

What does the term "pre-existing condition" mean? +

A pre-existing condition is a medical condition that you had before you got your health insurance. It could include things like diabetes, high blood pressure, or heart disease.

Can I cancel my health insurance at any time? +

Yes, you can cancel your health insurance plan at any time. However, if you cancel outside the open enrollment period, you may not be able to get another plan until the next enrollment period unless you qualify for a Special Enrollment Period.

Are prescription drugs covered by health insurance? +

Many health insurance plans cover prescription medications, but the coverage may vary. Plans typically have a formulary, or list of covered drugs, and different drugs may have different levels of coverage, depending on whether they are generic, brand-name, or specialty drugs.

What is preventive care? +

Preventive care includes health services that help prevent illnesses, such as vaccinations, screenings, and annual checkups. Under the Affordable Care Act, most preventive services are covered by health insurance plans at no additional cost to the policyholder.

What should I do if my health insurance claim is denied? +

If your claim is denied, you can appeal the decision. Review the denial letter for reasons, contact your insurer for assistance, and file a written request for a hearing. If you win the appeal, you may be able to get a refund or other compensation.

How can I choose the best health insurance plan for me? +

When selecting a plan, consider factors like: Your health care needs (e.g., frequent visits, prescriptions) The plan’s network of doctors and hospitals The cost of premiums, deductibles, copays, and out-of-pocket maximums Coverage for specialized care or treatments Compare the different plans and benefits to find one that meets your needs.

What happens if I don't have health insurance? +

If you don’t have health insurance, you can still access some health care services, such as emergency care, in-network doctors, and in-network hospitals. You may be eligible for Medicaid, which provides some health care services at no cost to you.

What is life insurance? +

Life insurance is a contract between you and an insurance company, where you pay regular premiums in exchange for a lump sum payment (death benefit) to your beneficiaries upon your death.

What are the different types of life insurance? +

Term Life Insurance: Provides coverage for a specific period (e.g., 10, 20, or 30 years). If you pass away during this term, your beneficiaries receive the death benefit. It does not build cash value. Whole Life Insurance: Offers lifetime coverage with a death benefit and also builds cash value over time, which you can borrow against or use. Universal Life Insurance: A flexible policy that allows you to adjust the premiums and death benefit while also building cash value.

How much life insurance coverage do I need? +

The amount of coverage you need depends on factors like your income, debts, family needs, and long-term financial goals. A common rule is to have coverage worth 10 to 15 times your annual income, but this can vary based on your individual situation.

What is the difference between beneficiaries and policyholders? +

The policyholder is the person who owns the life insurance policy and pays the premiums, while the beneficiary is the person or group that receives the death benefit when the policyholder passes away.

Can I change my beneficiaries? +

Yes, you can change your beneficiaries at any time during the life of the policy, as long as the policy is in force and you follow the correct procedure with the insurance company.

What is the contestability period? +

The contestability period is the time during which you have the right to contest the decision of the insurer to pay the death benefit. This period varies depending on the type of life insurance policy and the insurer.

Does life insurance cover accidental death? +

Some life insurance policies include accidental death coverage, while others may require a separate rider for this benefit. Be sure to review your policy to understand what’s covered.

Can I cancel my life insurance policy at any time? +

Yes, you can cancel your life insurance policy at any time, provided you follow the correct procedure with the insurance company.

What is cash value? +

Cash value is the accumulated value of the life insurance policy that can be used to pay for expenses, such as medical bills or funeral expenses.

How do I borrow against cash value? +

You can borrow against the cash value of your life insurance policy, but it will need to be repaid, and any unpaid loan will reduce the death benefit.

What is the difference between whole life and universal life insurance? +

Whole life insurance provides coverage for a specific period (e.g., 10, 20, or 30 years) and builds cash value over time. Universal life insurance offers lifetime coverage with a death benefit and also builds cash value over time.

How are life insurance premiums determined? +

Life insurance premiums are based on factors like age, health, lifestyle (e.g., smoking), coverage amount, and type of policy. Generally, younger, healthier individuals pay lower premiums.

Can I borrow money from my life insurance policy? +

If you have a whole life or universal life policy, it may build cash value over time. You can borrow against this cash value, but it will need to be repaid, and any unpaid loan will reduce the death benefit.

What happens if I stop paying my life insurance premiums? +

If you stop paying premiums, your policy may lapse. For permanent policies like whole or universal life, the cash value may cover the premiums for a time, but eventually, if premiums are not paid, the policy will end.

What is auto insurance? +

Auto insurance is a contract between you and an insurance company that provides financial protection against damage or injury caused by accidents, theft, or other incidents involving your vehicle. It covers both liability and your vehicle's repair costs depending on the type of policy.

What types of auto insurance coverage are available? +

There are several types of auto insurance coverage, including liability, collision, comprehensive, uninsured/underinsured motorist, and additional coverage like roadside assistance and collision damage waiver.

How much auto insurance do I need? +

The amount of coverage you need depends on factors such as the value of your car, your driving habits, your state's legal requirements, and whether you own or lease your vehicle. A good starting point is to meet your state's minimum required coverage, but you may want additional coverage for added protection.

Can I cancel my auto insurance policy at any time? +

Yes, you can cancel your auto insurance policy at any time, provided you follow the correct procedure with the insurance company.

What is the difference between liability and comprehensive coverage? +

Liability coverage covers the damages and injuries caused by accidents, while comprehensive coverage also covers non-accident damages, such as theft or vandalism.

How do I choose the right auto insurance policy? +

When selecting an auto insurance policy, consider factors such as the type of coverage you need, your driving habits, the value of your vehicle, and your state's legal requirements.

What factors affect my auto insurance premium? +

Several factors impact your insurance premium, including: Your driving history (accidents, tickets), The make, model, and age of your car, Your location (accident rates in your area), Your age, gender, and marital status, The level of coverage you choose, Your credit score (in some states).

What is a deductible? +

A deductible is the amount you must pay out of pocket before your insurance policy starts to cover the remaining cost of repairs or claims. For example, if you have a $500 deductible and incur $2,000 in damages, you will pay $500, and your insurer will pay the remaining $1,500.

What is the difference between comprehensive and collision coverage? +

Collision coverage pays for repairs to your vehicle after a collision with another vehicle or object, regardless of who is at fault. Comprehensive coverage covers non-collision incidents, such as theft, vandalism, or damage from natural disasters.

Can I get uninsured/underinsured motorist coverage? +

Yes, uninsured/underinsured motorist coverage is available in some states. This coverage provides financial protection for you if another driver is uninsured or underinsured.

Is auto insurance required by law? +

Yes, in most states, you are required to have a minimum level of liability insurance. Some states also require additional coverage like Personal Injury Protection (PIP) or uninsured motorist coverage. The requirements vary by state, so it’s important to check your local laws.

What happens if I don’t have auto insurance? +

If you drive without insurance, you risk facing legal penalties, fines, and the possibility of your driver's license being suspended. If you're involved in an accident, you could be held responsible for the damages.

Can I add other drivers to my auto insurance policy? +

Yes, you can add other drivers, such as family members or friends, to your policy. However, their driving record and age may affect your premium. It's important to inform your insurer about all the drivers in your household.

What should I do if I get into an accident? +

If you're in an accident, follow these steps: Ensure safety by moving to a safe location if possible. Call the police and file a report. Exchange contact and insurance information with the other driver(s). Take photos of the accident scene, vehicle damage, and injuries. Notify your insurance company about the accident as soon as possible.

What is home insurance? +

Home insurance is a contract between you and an insurance company that provides financial protection against damage or loss caused by natural disasters, theft, or other incidents.

What types of home insurance coverage are available? +

There are several types of home insurance coverage, including flood, fire, burglary, and liability. You may also have coverage for water damage, mold, and other property damage.

How much home insurance do I need? +

The amount of home insurance coverage you need depends on the value of your property, the type of coverage you want, and your insurance provider. You may also need additional coverage for water damage, mold, and other property damage.

Can I cancel my home insurance policy at any time? +

Yes, you can cancel your home insurance policy at any time, provided you follow the correct procedure with the insurance company.

What is the difference between flood and fire coverage? +

Flood coverage covers damage caused by floods, while fire coverage covers damage caused by fires.

How do I choose the right home insurance policy? +

When selecting home insurance, consider factors such as the type of coverage you need, the value of your property, and your insurance provider.

What factors affect my home insurance premium? +

Factors such as the type of coverage you need, the value of your property, and your insurance provider can significantly impact your premium.