• Aviva Dhan Samruddhi Child Plan

    Life Insurance
    • Reduce taxable income by up to Rs. 1,50,000 deduction under section 80C**
    • Convenient payment options - annual, half-yearly, quarterly or monthly premium payments
    • Do more with plans that offer pure protection, retirement planning and investment options

    Aviva Dhan Samruddhi Plan

    Dhan Samruddhi Plan, a savings cum protection plan which provides you and your family a protective cover while also allowing you to see your investments grow.

    Eligibility - Who is the Aviva Dhan Samruddhi Plan for?

    It is important to know the criteria required to be eligible for this plan. The eligibility criteria for this particular plan are given in the table below:

    Parameters Criteria for eligibility
    Minimum age at entry 13 years
    Maximum age at entry 55 years
    Minimum age at maturity 23 years
    Maximum age at maturity 70 years

    *Ages mentioned above are as on the policyholder’s last birthday.

    Sum Assured and Premium Range - What you get and what it costs?

    Sum Assured is the minimum amount you will be paid by the insurer on the completion of your policy term or on your death. The sum assured wont’ contain any benefits or bonuses that you might be entitled to. All the relevant information on the sum assured for this plan are given in the table below:

    Minimum Sum Assured Rs.1 lakh
    Maximum Sum Assured Rs.5 crore


    Premiums to be paid by you will be decided in the beginning when you take up the policy. Your premiums will depend on the policy term of your plan, sum assured and premium payment term. All the relevant information on premiums for this plan are given in the table below.

    Policy Term 10, 15 or 20 years
    Premium Payment Term (PPT) 10 years
    Premium Payment Frequency Yearly, Half-Yearly, Quarterly and Monthly
    Minimum Premium
    • Yearly: Rs.6,464
    • Half-yearly: Rs.3,302
    • Quarterly: Rs.1,675
    • Monthly: Rs.563
    Maximum Premium Rs.47.53 lakh

    * Premiums will vary based on age, location, plan term, GST, and other factors.

    Plan Coverage – What does the Aviva Dhan Samruddhi Plan cover?

    Death Benefit Incase of insured’s death, the beneficiary will be  paid:
    • 10 times the annualised premium or
    • 105% of all the premiums paid or
    • Sum assured
    Maturity Benefit Maturity benefit equivalent to the sum assured will be paid to the insured.
    Survival Benefit Survival Benefit equal to 125% of Annualised Premium will be payable at the end of every 5th policy year except on maturity.

    Riders/Add-On Plans – Additional coverage under the Aviva Dhan Samruddhi Plan

    There are no additional riders that one can purchase along with this policy.

    Other Key Features – Free-Look Period, Grace Period, Partial Withdrawal, etc.

    Grace Period A grace period of 30 days is given.
    Free-Look Period You can return the policy within 15 days of the date of the purchase of the policy if you don't agree with the terms and conditions.
    Reinstatement If your policy lapses, you have the option to reinstate it back within 2 years of the last date of your due premium.
    Guaranteed Additions You will be eligible for guaranteed additions to your fund value depending your policy term.

    Tax Benefits – How you can save with the Aviva Dhan Samruddhi Plan

    You are eligible for tax benefits under Section 80C of Income Tax Act, 1961. Since, income tax laws are subjected to changes, it is always advisable to consult a tax consultant in case of any queries.

    Other Benefits of Aviva Life Insurance

    Aviva Life Insurance not only provides you with various benefits that you are entitled to, but also ensures that you enjoy various other non-policy benefits as a customer of Aviva Life Insurance. Some of the benefits provided are:               

    • Information about various products: You can browse through various products on offer by Aviva Life Insurance before zeroing down on the one most suitable for you.
    • Buy your plan online: You can purchase the plan of your choice online thus saving you time and making the whole process hasslefree.
    • Manage your policy:  Whether it’s paying your premium, filing your claim or viewing your fund details, you can manage your policy just the way you want right from the comfort of your home.
    • Planning: Aviva helps you in planning for your future. For example, if you want to calculate the amount of money you will require post retirement or the cost of your children’s education, you can do it with the help of Aviva and then accordingly make your financial decisions.
    • Customer Service: Aviva boasts of an extensive customer care support service. You can call them on their toll-free number or mail them on their official email id. You can even ask them to call you back by providing them your contact details. Aviva’s customer care executives are always available for you 24x7.

    Why you should buy the Aviva Dhan Samruddhi Plan?

    Aviva Dhan Samruddhi Child Plan is a traditional insurance plan which promises cash back every 5 years It aims to not only protect you and secure your family’s future but also ensures that your investments continue to increase so that you can fulfill your financial requirements in later period.

    Aviva boasts of having more than 40 million customers spread across 20 plus countries. It boasts of having a 100% success rate in addressing their customers grievances and is also the recipient of various awards including ‘Certificate of Excellence’ at the PR Week Asia Awards 2014 in Hong Kong.

    *The customer reviews/feedback/opinions expressed on this website are solely of their authors and do not reflect, in any way, the view of BankBazaar Insurance.

    Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.