Aviva Life Insurance Plans Benefits

Aviva Life Insurance Company is one of the well-known names in the Indian life insurance circle. The company has earned its fame and large number of accolades by providing exceptional customer service, ensuring customer focused policies and delivering pocket-friendly life insurance solution to a large fraction of insurance seekers in the country.

With a huge pool of innovative life insurance plans to suit every budget and need, Aviva Life Insurance Company sells plans that have carefully conceptualized and thoughtfully designed to ensure utmost safety for you and your dependents. If a financially secure future is what you are looking for your loved ones, then Aviva Life insurance products are the best bet for you. In this article, we will look at the different Aviva Life Insurance plans and their umpteen benefits.

So, let’s get started! Shall we?

Aviva Life Insurance- Different Types & Benefits

·       Aviva iLife: An innovative product offered by Aviva Life Insurance Company is available online for insurance seekers looking for comprehensive protection and financial security, without having to run from pillar to post. Filled with a wide range of features and loaded a lot of benefits, iLife provides a generous death benefit to its policy holders. Upon the death of the insured, the nominee is paid out the entire Sum Assured as the death benefit. 

In addition, the company rewards its customers by offering hefty discounts on choosing higher Sum Assured and amazing discounts on the premium payments. Furthermore, the company offers a rebate of 5% to women customers. But what makes this Aviva life insurance plan so sought after is the fact that all the claims received by the nominees and premiums made by policy holders are tax free.

·    Aviva i-Shield: 

It is a brilliant term plan that is available for purchase online at utterly affordable premium amount. The plan has been made available online to save applicants from the unnecessary hassles of complex paperwork and running around. The death benefit under this plan stipulated that 110% of the total premium paid by the policy holder will returned to him upon the maturity of the plan. In the event of the demise of the policy holder within the stipulated term of the policy, the nominee will be eligible to get the entire Sum Assured. The death benefit payouts could be as much as 120% of the total Sum Assured depending upon when the insured has died.

·   Aviva Life Shield Advantage Plan: 

Yet another brilliant plan offered by Aviva Life Insurance Company, Life Shield Advantage Plan is available for purchase in two different variants with two distinct death benefit options. The death benefits and host of rewards available under this plan make it one of the bestselling life insurance products in the market. In addition, the tax benefits offered by the plan on the premium payments, under section 80C of the Indian income tax act, make it a great choice for anyone seeking comprehensive insurance with good returns and comprehensive benefits.

·     Aviva Life Insurance 

Term Plan- Ranking alongside the best term insurance plans available in the Indian insurance sector, today. Aviva Life Insurance Term Plans make it easy for the policy holders to enjoy umpteen benefits and comprehensive life cover. With entry age stipulated to be 18 years to 55 years, this plan is available for anyone, starting from part-time earners to fulltime breadwinners. With a range of benefits and a lot of loyalty benefits, this plan remains one of the bestselling plans in the life insurance sector in India.

·         Aviva Life Insurance 

Child Plan- Rated as one of the best child plans available in the market, Aviva life insurance child plan has been designed in such a way that it provides ultimate support to the educational and other related needs of growing children. The company provides monthly, half-yearly, and yearly mode of payments to make it easy for parents of the children. In addition, the premium amounts stipulated for this plan is easily affordable and the application process is fairly easy and convenient making it one of the best choices for all the parents.

You just saw 5 of the best Aviva Life Insurance plans and their benefits. You can surely take your pick from one of these plans and ensure comprehensive protection for self and family in the long term.