GCAP Life Insurance

Benefits of GCAP

Guaranteed¹ Returns

No surprises here! With Edelweiss Tokio Life GCAP, get guaranteed¹ returns no matter the circumstance, on your investment. The advantage with this plan is that you know exactly how much you’re getting out of it, so you can plan your future goals accordingly.

Guaranteed Accrual Additions

Long-term friends get better gifts! We love treating those who are with us for longer by giving guaranteed accrual additions. These additions start from the 9th policy year.

Affordable Premiums

It’s the plan that fits into every budget! We want everyone to take advantage of getting a guaranteed¹ income at all times which is why Edelweiss Tokio Life GCAP starts at only Rs. 1500 p.m. 

Waiver of Premiums

Even when things seem blue, we’re there to show you the silver lining! In case you are diagnosed with a listed critical illness or are suffering from a permanent disability due to an accident, this optional benefit rider will waive off payment of future premiums for you if added to your plan.

Protection Against Critical Illnesses

We’re always ready to help out in any situation! With this optional benefit rider, we make sure you get a lump sum payment to deal with any expenses when diagnosed with any one of the 12 listed critical illnesses that include Heart Attack, Cancer, Strokes, Bone marrow transplant and more. 

Loan² Facility Against Policy

Don’t let financial trouble stop you from your goals!We want you to live your zindagi unlimited, even if you need a little support to do it. That is why Edelweiss Tokio Life GCAP offers you the choice to avail a loan for urgent need of cash flow.

Flexibility

This plan is as flexible as playing dough! Customize the plan according to your needs by choosing your preferred policy term and no. of years for paying the premium. You can choose your policy term from 10, 15, 20, 25 or 30 years and your policy paying term (PPT) from  5, 7, 10 or 12 years. Additionally, depending on the variant, you can decide whether you want to pay in one go or through regular installments. 

Tax Benefits³

We dislike deductions as much as you. You get tax benefits on premiums paid under section 80 (C) and on the maturity benefit under section 10 (10D).