Aviva Life Insurance Plan 2024 Benefits, Features, Details, Reviews

Aviva Life Insurance Plan – Dabur Invest Corporation and Aviva PLC, a UK-based insurance group, are partners in the joint venture known as Aviva Life Insurance Company Limited India. It is one of India’s most seasoned and regarded insurance agency to satisfy policyholder certain requirements. The Aviva Life Insurance Company’s primary objective is to provide straightforward and useful policies that help customers achieve their life goals. The company has been around for more than 300 years, 34 million customers, more than 100 branches all over India, and it also has a presence in the global market. Depending on the kind of policy you choose, Aviva Life insurance costs a different amount.

Aviva Life coverage Organization India Ltd is the principal organization to begin unit-connected and united unitized with benefit plans. Together with child plans, it increased Aviva’s market share profits. With a wide range of insurance products to help policyholders prepare for life’s challenges and opportunities, Aviva life insurance India insurance solutions safeguard policyholders’ future. The Aviva life insurance customer service department offers online premium payment, policy details editing and viewing, and other services. Additionally, Aviva life insurance online plans let you purchase protection, savings, and health insurance policies from the convenience of your own home.

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Aviva Life Insurance Plan 2024

These plans protect you from all kinds of dangers; Every family wants their children, who are earning money, to have a happy life throughout their lives and be financially secure. You can guarantee them the best life insurance plans from Aviva Life Insurance, including plans for children, term plans, savings, retirement, and group plans, among other options. Aviva Life Insurance Company was formed when Dabur Invest Corp. and Aviva Group collaborated. While Dabur Invest Corp. is a well-known Indian company, Aviva Group is an insurance company based in the UK that covers more than 16 countries. Customers can choose from a variety of disaster protection plans offered by Aviva Extra security Organization. The term insurance and child insurance plans offered by the company are among the best in the industry, with beneficial benefits at reasonable prices.

Are you looking to take advantage of the increased coverage options available through Aviva Life Insurance Plan 2024? If so, you’ll need to read this post carefully to learn all the details. In addition to the standard insurance options, this plan offers enhanced coverages for a variety of different situations. So whether you’re planning on getting married, having a baby, or dealing with an illness, you’ll be covered. Want to know more? Keep reading!

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Aviva Life Insurance Plan

Aviva Life Insurance Plan Overview

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Aviva Life Insurance Benefits

Are you looking for ways to improve your life insurance coverage? If you’re like most people, you probably don’t have a full picture of the benefits that Aviva offers. In this article, we’ll outline some of the key benefits that Aviva can provide, and help you decide if it’s the right policy for you. We’ll also discuss some of the important factors to consider when buying life insurance, and give you tips on how to find the best life insurance policy for you.

  • No Medical Examination: Before purchasing Aviva life insurance, policyholders are not required to undergo a medical exam.
  • Tax advantage: Benefits eligible for a premium paid for Aviva life insurance and received benefits through regular premium payment are governed by sections 80c and 10(10) of the tax code.
  • Coverage: In the event that you or a member of your family passes away, life insurance that provides coverage for up to 99 years at affordable premiums will provide you with financial protection.
  • Covid-19: Bills and costs incurred during the COVID-19 period are covered by Aviva Life Insurance Company.
  • Guarantee Settlement proportion: By investing premium payments from customers in the market, Aviva life insurance plans provide protection and the best returns.
  • Creation of Wealth: They are the most popular insurance plan in India due to their low premiums and affordable insurance plans.

Aviva Life Insurance Plan

Aviva has long been a frontrunner in the life insurance industry, and they continue to innovate and advance their plans to ensure that their customers are always taken care of. Whether you’re looking for a basic plan or something more comprehensive, Aviva has something to suit your needs. In this article, we take a look at some of the key features of the Aviva Life Insurance Plan, and highlight why it’s one of the most popular plans available.

  • Term Insurance Plans
  • Retirement Plans
  • Child Plans
  • Savings Plans
  • Group Plans

Term Life Insurance Plans Aviva

The most common type of life insurance is an Aviva life insurance term plan. It is a low-cost term insurance policy that will safeguard your family financially and provide them with comprehensive protection during your absence. Additionally, it covers a higher premium amount.

Aviva Jana Suraksha:

This plan provides a lump sum in the event of your death during the term of the policy, as well as financial protection for your family through low-cost life insurance.

Benefits:

  • Entry age: 18 to 45 years
  • Maximum age: 50/55 years
  • Policy term: 5/10 years
  • Premium payment: single, annually, half-yearly, quarterly or monthly
  • Sum Insured: 25, 000 to 50, 000
  • Life covers starting as low as Rs. 25,000
  • Double the cover in case of accidental death
  • Single or regular pay options

Aviva Life Shield Advantage:

In the event that you are unable to be there for your loved ones, this plan provides them with financial protection and a cost-effective return on their premiums. As you get older, start a family—it will soon become the most important thing in the world—where family health and safety come first. Having term insurance, on the other hand, provides your family with financial security in the event that you are unable to care for them.

Benefits:

  • Entry age: 30 years
  • Maximum age: 60 years
  • Policy term: 5/10 years
  • Premium payment: single, annually, half-yearly, quarterly or monthly
  • Sum Insured: Rs. 50 lacs
  • Life covers starting as low as Rs. 16,200
  • Coverage against disability
  • Tax benefits

Aviva Life Shield Premium

With Aviva Life Shield Premium, you can choose to increase or decrease your life insurance, claim a lump sum payout, cover additional coverage against accidental death, and waive premiums in the event of permanent total disability as a result of an accident. This plan is meant to safeguard your family financially in the event that you are unable to be there for them.

Benefits:

  • Section age: Maximum age of 18:
  • Death benefit for 80 years:
  • sum insured as of the date of death Premium waiver:
  •  Accident-related total permanent disability, with a maximum coverage amount of Rs. $1 million per life.
  • Accidental Death and Disability Insurance: During the policy term, this rider will assist you in the event of an accident.
  • Sum warranted: Rs. 50 lacs.
  • Tax advantages: Sections 80c and 10(10) D of the Internal Revenue Code provide tax benefits for this plan’s premium payments.

Aviva Saral Jeevan Bima

It is a term insurance plan that provides your loved ones with financial security by providing a fixed amount in the event of a calamity. The Aviva Saral Jeevan Bima Plan is a typical individual term life insurance policy with a minimum and maximum amount guaranteed.

Benefits:

  • Section age: Maximum age of 18:
  •  Policies that have been discontinued for eighty years:
  • sum guaranteed as of the date of death for both single and regular premiums.
  • Premium exemption: A passed strategy can be returned in no less than a long time from the date of the principal portion of the ordinary/restricted premium period.
  • Inclusion against incapacity
  • Aggregate guaranteed Rs. 5 to 25 lacs Policy duration: Five to forty years of payment premium: monthly, semiannually, and annually.
  • Tax advantages: Sections 80c and 10(10) D of the Internal Revenue Code provide tax benefits for this plan’s premium payments.

Aviva Life Insurance Child Plans

To help safeguard your children’s future, Aviva Life insurance Child Plans combine insurance and investment strategies. Allow your child to achieve their goals even when you are not present; even if you pass away, they will still feel secure in your arms; With a child insurance policy, they can live their lives worry-free.

Aviva Young Scholar Plan:

Secure your child’s education funding with the Aviva Young Scholar Plan. Waiver of future charges if there should be an occurrence of death of a parent, tax cuts on all expenses paid, and positive cash back. This plan is life insurance that protects the child from death-related risks and ensures that his or her education is adequately funded throughout. It provides a lump sum payment upon the parent’s death, and future premiums are also reserved. The facility for withdrawing money is also available.

Benefits:

  • Entry age: 1 year
  • Annual Premium: 33,000
  • Sum Assured: For 12 years Rs. 3,96,000
  • Total Amount: Rs. 7,09,500
  • Premiums are waived in case of death of the insured parent
  • Accumulate Child education funds
  • Tax Benefits.

Aviva Life Insurance Saving Plans:

Savings plans are life insurance policies that help you prepare for unforeseen occurrences in the future that could affect you or a loved one. Whether you want to cover a happy occasion like sending your child to a foreign university or a medical emergency, the best savings plans in India provide a substantial amount of coverage. We provide a wide range of savings plans that provide you with a consistent income, high and steady growth, and multiple policy terms.

Aviva Affluence ULIP Plan:

a unit-linked insurance plan that helps you get the most out of your money while paying for a short period of time. During the first five years of the contract, there is no liquidity offered by the Linked Insurance Products. The policyholder will not be able to completely or partially withdraw the money that was invested in linked Insurance Products until the fifth year.

Benefits:

  • Entry age: 18 years
  • Maximum age: 65 years
  • Death benefit: sum assured as on date of death for regular and single premium.
  • Lapsed policies: A lapsed policy can be returned within five years from the date of the first installment of the regular/limited premium period.
  • Coverage against disability
  • Premium: Rs. 1 lacs
  • Policy term: 15 years to 30 years
  • Payment premium: 7, 10, 15 years

Aviva i-Growth plan:

During the first five years of the contract, the Unit-linked Insurance Products do not provide any liquidity. Until the fifth year, the policyholder will not be able to completely or partially withdraw the money invested in Linked Insurance Products. to guarantee our own and our family’s future security.

  • Entry age: 18 years
  • Maximum age: 50 years
  • Hassle-free purchase
  • Flexibility
  • Maturity and loyalty benefits
  • Premium: Rs. 40, 000 to 5 lacs
  • Policy term: 15 years to 30 years
  • Payment premium: 10, 15,20 years

Aviva Fortune Plus Plan:

We are aware that your loved ones place financial security and the requirement for a healthy corpus at the top of their priority list. A Unit Linked Insurance Plan (ULIP) like Aviva Fortune Plus can assist you in both earning and protecting money. This is one of the best investment plans because it gives you a minimum amount of life insurance and gives you the chance to grow your savings by returning the amount you paid for charges.

Benefits:

  • Section age: Maximum age of 18:
  • Death benefit for 80 years:
  • sum assured premiums or additional premiums.
  • Benefits of maturity: On the fund’s value, including any periodic returns on charges, if the insured lives to maturity.
  • Premium exemption: All future premiums will be paid by the insurer in the event of the policyholder’s death.
  • Premium: Rs. 5 lacs
  • Incidental Passing cover: During the policy term, this rider will assist you in the event of an accident.
  • Sum warranted: Rs. 50 lacs in tax advantages: Sections 80c and 10(10) D of the Internal Revenue Code provide tax benefits for this plan’s premium payments.

Aviva guaranteed Income Plan:

acknowledges your efforts to ensure the happiness of your loved ones This guaranteed income plan is a savings strategy for life insurance that provides financial assistance by guaranteeing regular payouts over a 10-year period.

Benefits:

  • Entry age: 3 to 50 years
  • Maximum age: 65 years
  • Policy term: 15 years
  • Premium payment term: 10 years, based on annually only
  • Sum Assured: 10 lacs

Aviva New Family Income Builder:

This savings plan protected oriented traditional life insurance plan that assists you financially by guaranteed returns in regular payouts. Get double the premiums paid, guaranteed payout in case of death.

Benefits:

  • Entry age: 6 years
  • Maximum age: 50 years
  • Premium: Rs. 40,000
  • Sum Assured: Rs. 1 crore
  • Maturity benefits in regular premium pay-outs

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Aviva Income Suraksha:

It’s a flexible plan with a guaranteed income every month. We at Aviva appreciate your efforts to ensure the happiness of your loved ones. It is a savings-focused insurance plan that provides regular monthly payouts to help you out financially. These standard payouts are given to your family if there should arise an occurrence of your nonattendance.

Benefits:

  • Entry age: 18 years
  • Maximum age: 48 years
  • Premium: Rs. 36,000
  • Sum Assured: Rs. 14 lacs
  • Policy terms: 3, 12 years.

Aviva Dhan Samruddhi:

a standard plan for life insurance that pays out money every five years to cover short- and long-term expenses.

Benefits:

  • Entry age: 18 years
  • Maximum age: 60 years
  • Premium: Rs. 60,240
  • Sum Assured: Rs. 11 lacs
  • Policy terms: 10,15,20 years

Aviva Life Insurance Retirement Plans:

Planning for your retirement gives you dignity, financial freedom, and the ability to care for your dependents even after you quit your job. Plans for retirement serve as an investment in a happy and healthy future as well as a means of saving for your second inning. In addition, if you have the right retirement investment plan, it can not only take out enough money to provide for your children and grandchildren financially but also relieve you of financial stress as you approach retirement.

Aviva Annuity Plan:

a retirement plan that guarantees you a steady income for the rest of your life. specific financial requirements with annuity options, a guaranteed payout amount, and the ability to adjust the purchase price for higher annuity values in the policy.

Benefits:

  • Entry age: 50 years
  • Maximum age: 80 years
  • Sum assured: Rs. 1 crore
  • Annual premium: Rs. 5 lacs

Aviva Next Innings Pension Plan:

a retirement plan that can safeguard your loved ones in the event of your death and include regular income for your retirement years. It’s easy to forget about what life would be like after retirement because there are so many looming obligations. Both personally and financially, retirement planning is essential. If you don’t plan well, even the best-laid plans could go awry in your golden years, which could mean missing out on everything you’ve always wanted to do.

Benefits

  • Entry age: 18 years
  • Maximum age: 50 years
  • Hassle-free purchase
  • Flexibility
  • Maturity and loyalty benefits
  • Premium: Rs. 40, 000 to 5 lacs
  • Policy term: 15 years to 30 years
  • Payment premium : 10, 15,20 years

Aviva Fortune Plus Plan:

We are aware that your loved ones place financial security and the requirement for a healthy corpus at the top of their priority list. A Unit Linked Insurance Plan (ULIP) like Aviva Fortune Plus can assist you in both earning and protecting money. This is one of the best investment plans because it gives you a minimum amount of life insurance and gives you the chance to grow your savings by returning the amount you paid for charges.

Benefits:

  • Section age: Maximum age of 18: 80 years
  • Passing advantage total guaranteed higher or top-up charges.
  • Benefits of maturity: On the fund’s value, including any periodic returns on charges, if the insured lives to maturity.
  • Premium exemption: All future premiums will be paid by the insurer in the event of the policyholder’s death.
  • Premium: Rs. 5 lacs
  • Incidental Passing cover: During the policy term, this rider will assist you in the event of an accident.
  • Sum warranted: Rs. 50 lacs.
  • Tax advantages: Sections 80c and 10(10) D of the Internal Revenue Code provide tax benefits for this plan’s premium payments.

Documents Required to Claim Aviva Life Insurance

Claim TypeDocuments Required
Death Benefit Claim
  • Original Policy Documents
  • Duly Filled Claim Form
  • ID Proof
  • Death Certificate
  • Address Proof
  • Medical Records
  • Medical Attendance Report
  • Post Mortem Report/FIR/Punchana
  • Bank Account Details
Maturity Benefit Claim
  • Original Policy Documents
  • Duly Filled Claim Form
  • ID Proof
  • Bank Account Details
  • Contact Details
  • Pan card

How to Buy Aviva Life Insurance Policy Online?

It is now simple to purchase an Aviva life insurance policy online. The only thing you need to do is submit an application and pay the premium. Under 15 minutes are allotted for the entire procedure. The Aviva life insurance policy’s premium can be calculated using the online Aviva life insurance calculator. provides an online tool called the Premium Calculator for determining your insurance plan’s premium. You can work out how much premium payable by entering a couple of subtleties, for example, versatile number, name, date of birth, email address, occupation, kind of strategy, total guaranteed, orientation, state, and so on.

Numerous factors influence the customer’s premium payment. The age of the policyholder, the type of policy, the required sum assured, and other factors influence the premium. Based on these factors, the policyholder’s estimated premium amount for the required coverage will be displayed in the premium calculator tool. You will receive information about your monthly premium once you provide all relevant information and click the submit tab.

Following steps to purchase the Aviva life insurance policy online

  • Enter information such as gender, annual income from all sources, alcohol and tobacco consumption, occupation, salary, and date of birth on the official website. In order to facilitate a call from our agent, you will need to enter your contact information after this.
  • The screen will now display the various insurance company premiums. You can change things like the coverage, the term, how the premium is paid, how the claim is settled, and so on. To obtain the desired premium, submit the information. Other factors, such as the required level of coverage and the payment method, can be altered to alter the premium.
  • After choosing the best Aviva life insurance policy, you can use the Aviva life insurance premium calculator to figure out your premiums. By adding the riders you want, you can change your premium. You can directly purchase a policy after selecting the premium.

Aviva Life Insurance Claim Settlement Ratio

Aviva extra security gives a simple and speedy case settlement process. You can settle claims both online and offline with the insurance company. In order to avoid issues during the claim settlement process, Aviva Life Insurance ensures total transparency. According to the IRDAI report, Aviva Life Insurance has a claim settlement ratio of 97.53%. The customer support claims are resolved quickly and without difficulty.

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Aviva Life Insurance Claim Process

  • A policyholder should inform the insurance company of the policy’s maturity or the policyholder’s survival in the event of a maturity claim.
  • The policyholder’s nominee or immediate family members can file a claim with the insurance company in the event of a death.

Online or offline, the claim notification should include basic information like the policyholder’s name, policy number, date of maturity, etc. The claim form can be obtained from the closest life insurance branch and properly filled out prior to submission in the event of offline notification.

Submission of Documents:

When the case implication is finished and the case hint number is gotten, the following stage is to give every one of the pertinent records to the insurance agency. To avoid going back and forth with the insurance company, it is best to submit all of the documents at once.

Claim Settlement:

In accordance with regulation 8 of the 2002 IRDA (Policyholder’s Interest) Regulations, the insurer must settle a claim within thirty days of receiving all required documents. The insurer would conduct additional investigation if the claim is an early claim—one that occurred within three years of the policy’s beginning date. Within six months of receiving the written notice of the claim, this procedure must be completed. The insurance company processes the claim and deposits the funds into the account specified in the claim intimation form after receiving all required documents.

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