• Aviva Saving Plans

    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 Savings Plans

    The savings plans offered by Aviva Insurance Company are designed to help the policyholder to grow his/her money safely. They are tailored as per the needs and requirements of the customers. The Aviva Savings Plans ensure that the policyholder saves enough for a happy and secure future.

    Benefits of Aviva Savings Plans:

    • The Aviva Savings Plans ensure financial protection for the policyholder’s future.
    • These plans take care of the insured person’s coverage needs.
    • Growth of funds are guaranteed with these insurance policies offered by Aviva.

    The 10 different savings plans offered by Aviva Life Insurance Company are mentioned below:

    • Aviva Dhan Nirman
    • Aviva Dhan Samruddhi
    • Aviva i-Growth
    • Aviva Life Bond Advantage
    • Aviva Life Smart
    • Aviva Family New Income Builder
    • Aviva Wealth Builder
    • Aviva Dhan Vriddhi Plus
    • Aviva Affluence
    • Aviva Wealth Pro

    Aviva Dhan Nirman

    The Aviva Dhan Nirman insurance policy is a non-linked, participating savings-cum-protection plan that ensures a steady flow of income. It also offers the lump sum amount along with bonuses upon policy maturity.

    Benefits under the Aviva Savings Plans:

    • The insured person can enjoy simple reversionary bonuses that and help his/her savings to grow.
    • It offers comprehensive financial protection for the policyholder’s family. However, it depends on the policyholder’s choice of sum assured.
    • Upon maturity, the policyholder can avail guaranteed payout of the lump sum amount along with terminal bonuses and simple reversionary bonuses for meeting the long term requirements.
    • The death of the insured person, the sum assured along with terminal bonuses and simple reversionary bonuses will be paid out to the nominee or beneficiary of the insured individual.
    Plan Name Aviva Dhan Nirman
    Minimum age at entry 4 years
    Maximum age at entry 50 years
    Maximum age at maturity 75 years
    Minimum annual premium Rs.14,486
    Maximum annual premium Rs.9,98,000
    Premium payment modes Monthly, quarterly, half-yearly, yearly

    Aviva Dhan Samruddhi

    The Aviva Dhan Samruddhi insurance policy is a savings-cum-protection plan that allows the policyholder to build an amount for future needs, while offering money back to the policyholder periodically so that he/she can meet daily financial requirements.

    Benefits under the Aviva Dhan Samruddhi

    • The policyholder can enjoy Guaranteed Maturity Benefit under this plan. This includes the accrued guaranteed additions minus the survival benefit.
    • Guaranteed addition of 7% p.a. to 9% p.a. can be earned by the policy till the end of the term. However, it depends on the term of the policy chosen by the policyholder.
    • Every 5 years, the Aviva Dhan Samruddhi plan offers 125% of the annualized premium as the survival benefit.
    • The policyholder can enjoy rebate for high sum assured. This is applicable if the sum assured value is equal to or more than Rs.5 lakh.
    Plan Name Aviva Dhan Samruddhi
    Minimum age at entry 13 years
    Maximum age at entry 55 years
    Age at maturity 23 years to 70 years
    Minimum premium Rs.565 (monthly), Rs.1,675 (quarterly), Rs.3,302 (half-yearly) and Rs.6,464 (yearly)
    Premium payment mode Monthly, quarterly, half-yearly and yearly

    Aviva i-Growth

    The Aviva i-Growth plan is a unit-linked, non-participating savings oriented life insurance plan. This plan accelerates the rate at which the policyholder can save his/her funds. Along with helping the policyholder to grow his/her funds, this policy also offers life coverage to the insured person.

    Benefits under the Aviva i-Growth plan:

    • The Aviva i-Growth plan can be purchased in a hassle-free manner.
    • There are three different unit linked funds that the policyholder can choose with this policy as per his/her investment goals. These are Balanced Fund – II, Bond Fund – II and Enhancer Fund – II.
    • If the policyholder pays premiums regularly, loyalty additions can be availed by him/her during the last three years of the policy.
    Plan Name Aviva i-Growth
    Minimum age at entry 18 years
    Maximum age at entry 50 years
    Maximum age at maturity 60 years
    Minimum annualized premium Rs.35,000
    Premium payment mode Monthly, quarterly, semi-annually and annually

    Aviva Life Bond Advantage

    The Aviva Life Bond Advantage is a unit-linked, non-participating savings oriented scheme. This plan allows the policyholder to enjoy the opportunity of investing a large amount for a medium term or a long term and ensures that he/she can access the money at point of time after a period of 5 years.

    • The Life Bond Advantage plan offered by Aviva allows the policyholder to get better investment returns.
    • The policyholder can choose from 7 different unit-linked funds. These are Protector Fund – II, PSU Fund, Infrastructure Fund, Growth Fund – II, Enhancer Fund – II, Bond Fund – II and Balanced Fund – II.
    • 4% of the fund value can be availed as loyalty addition after the 10th policy year ends.
    • The plan offers accidental death benefit, option to switch between funds and free partial withdrawals after a period of 5 years.
    Plan Name Aviva Life Bond Advantage
    Minimum age at entry 2 years
    Maximum age at entry 65 years
    Premium payment term Single
    Maximum premium No limit
    Minimum premium Rs.50,000

    Aviva Life Smart

    The Aviva Life Smart Plan is a unit-linked, non-participating endowment plan. It is tailored to meet the policyholder’s future financial needs by helping him/her to invest as per his/her risk-taking capacity. The Life Smart insurance policy offered by Aviva also provides life cover to protect the family of the insured in case of the insured’s demise in an unfortunate event. The sum assured that can be availed under this policy includes the fund value and sum assured. This plan offers the peace of mind that the policyholder deserves.

    Benefits under the Aviva Life Smart Plan

    • Death benefit can be availed under this policy. The nominee of the insured person gets the higher of the sum assured or 105% of the premiums paid along with the fund value. In case, the policyholder dies in an accident, the accidental death benefit is also paid to the nominee.
    • The policyholder can choose from 7 different unit-linked funds. These are Protector Fund – II, PSU Fund, Infrastructure Fund, Growth Fund – II, Enhancer Fund – II, Bond Fund – II and Balanced Fund – II.
    • The policyholder can enjoy free partial withdrawal after 5 policy years.
    Plan Name Aviva Life Smart
    Minimum age at entry 2 years
    Maximum age at entry 50 years
    Minimum ag at maturity 18 years
    Maximum age at maturity 65 years
    Minimum premium Rs.50,000
    Maximum premium No limit
    Premium payment frequency Yearly

    Aviva Family New Income Builder

    The Aviva Family New Income Builder is a saving-cum-protection oriented plan. It offers financial assistance to the policyholder and provides guaranteed returns in form of regular payouts for a period of 12 years. In case, the policyholder encounters death, the payouts are rolled out to his/her family.

    Benefits under the Aviva Family New Income Builder

    • If the policyholder pays premiums every month, for a period of 12 years, he/she will be able to avail twice the premiums paid over next 12 years.
    • In case the policyholder encounters death while the policy is active, 12 annual instalments will be payable to the nominee or beneficiary of the insured person.
    • 6 times of the annual premium can be availed as additional benefit.
    • Guaranteed Terminal Benefit can be availed by the beneficiary or nominee.
    Plan Name Aviva Family New Income Builder
    Minimum age at entry 6 years
    Maximum age at entry 50 years
    Maximum age at maturity 62 years
    Minimum age at maturity 18 years
    Premium payment frequency Annual
    Minimum premium Rs.40,000
    Maximum premium Rs.1,00,00,000 (for each life)

    Aviva Wealth Builder

    The Aviva Wealth Builder plan is a non-linked, non-participating insurance policy. It helps the policyholder to achieve all his/her dreams and guarantees twice the amount of total premium paid by him/her, upon policy maturity. The Aviva Wealth Builder insurance policy also protects the insured’s family when he/she is not around to watch over them.

    Benefits under the Aviva Wealth Builder

    • The insured person can enjoy twice the premiums paid by him/her upon policy maturity. However, all due premiums must be paid in order to avail this benefit.
    • In case the policyholder encounters death in an unfortunate event, the family will get guaranteed payout.
    Plan Name Aviva Wealth Builder
    Minimum age at maturity 5 years
    Maximum age at maturity 50 years
    Premium payment frequency Annual or Single
    Minimum premium Rs.50,000 (Regular) and Rs.1,50,000 (Single)
    Maximum premium Rs.1,00,00,000 per life

    Aviva Dhan Vriddhi Plus

    The Aviva Dhan Vriddhi Plus is a traditional limited pay participating plan. It helps the policyholder to build a corpus by saving systematically. This particular policy ensures that the insured person gets guaranteed payout upon policy maturity. The growth of the savings are boosted by the accrued bonuses.

    Benefits under the Aviva Dhan Vriddhi Plus

    • When the policy attains maturity, the policyholder can enjoy 100% of the premiums paid as the guaranteed benefit. The accrued bonuses are also paid out upon maturity.
    • The plans offers financial security in the event of death of the insured person.
    • The insured person can enjoy flexible terms for payment of premiums.
    Plan Name Aviva Dhan Vriddhi Plus
    Minimum age at entry 18 years
    Maximum age at entry 50 years
    Age at maturity 70 years
    Premium payment term 5, 7 and 11 years
    Minimum annual premium Rs.21,258
    Maximum annual premium Rs.48,68,500
    Premium payment frequency Annual

    Aviva Affluence

    The Aviva Affluence insurance policy is a unit-linked non-participating insurance plan. It allows the insured person to make payment for a limited term. It supports him/her to meet the long term goals. There are seven different funds that can be chosen under this plan. This insurance policy takes care of your loved ones and supports them financially in the future.

    Benefits under the Aviva Affluence insurance policy

    • The insured person can choose the term of the policy depending on his/her long term goals. Premiums can be paid as per the policyholder’s convenience for 5 years, 7 years, 10 years, 15 years or the whole tenure of the policy coverage.
    • The policyholder can choose from 7 different unit-linked funds. These are Protector Fund – II, PSU Fund, Infrastructure Fund, Growth Fund – II, Enhancer Fund – II, Bond Fund – II and Balanced Fund – II.
    • The policyholder can access his/her money in case there is a sudden need for it. Partial withdrawals can also be enjoyed under the Aviva Affluence insurance policy.
    Plan Name Aviva Affluence
    Minimum age at entry 2 years
    Maximum age at entry 50 years
    Minimum age at maturity 18 years
    Maximum age at maturity Depends on premium payment term
    Minimum premium Rs.1,00,000 (Regular) and Rs.5,000 (top-up)
    Maximum premium No limit

    Aviva Wealth Pro

    The Aviva Wealth Pro is a combined plan that offers the combined benefits of 2 different insurance policies offered by Aviva – Aviva Affluence insurance policy and Aviva Wealth Builder insurance policy. The policyholder can enjoy the freedom of buying one or more products as per his/her choice and convenience. The person applying for the Aviva Wealth Pro plan must understand and analyse his/her insurance needs and choose a combination accordingly.

    Benefits under the Aviva Wealth Pro

    • In case the policyholder encounters death in an unfortunate event, the nominee or beneficiary of the insured person will get the sum assured as death benefit. The amount paid to him will be a minimum of 15 times of the yearly premium. In case, the death of insured occurs due to an accident and the insured’s age is between 18 years and 60 years, accidental death benefit will also be payable to the nominee as an additional payout.
    • When the policy term matures, the policyholder will receive guaranteed return of the premiums along with the fund value. Applicable taxes will be deducted from the maturity benefit.
    Plan Name Aviva Wealth Pro
    Minimum age at entry 5 years
    Maximum age at entry 48 years
    Minimum age at maturity 22 years
    Maximum age at maturity 65 years
    Term of the policy 17 years
    Minimum premium Rs.2 lakh
    Maximum premium Rs.2 crore per life

     

    Why you need the Aviva Savings Plans?

    Aviva Life Insurance Company is one of the top insurance providers across the country. The insurance policies offered by Aviva come with great flexibility and innovation. The plans are tailored to meet the changing needs and requirements of the customers.

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