AVIVA LIFE INSURANCE
About Aviva
Aviva is UK’s largest and the world’s fifth largest insurance Group. It is one of the leading providers of life and pensions products to Europe and has substantial businesses elsewhere around the world. With a history dating back to 1696, Aviva has a 40 million-customer base worldwide. It has more than £364 billion of assets under management.
In India, Aviva has a long history dating back to 1834. At the time of nationalisation it was the largest foreign insurer in India in terms of the compensation paid by the Government of India. Aviva was also the first foreign insurance company in India to set up its representative office in 1995.
In India, Aviva has a joint venture with Dabur, one of India's oldest, and largest Group of companies. A professionally managed company, Dabur is the country's leading producer of traditional healthcare products.
Aviva’s Fund management operation is one of its key differentiators. Operating from Mumbai, Aviva has an experienced team of fund managers and the range of fund options includes Unitised With-Profits Fund and seven Unit Linked funds: - Protector Fund, Secure Fund, Balanced Fund, Growth Fund, Enhancer Fund, Index Fund and Bond Fund.
Good Plans of Aviva
Given below is synopsis of some good plans of Aviva Life Insurance. The information provided is for comparison purpose only and for more detailed information before taking any decision refer to the brochure.
LIfe Shield - Pure Term Insurance Plan
Life is full of uncertainties and you need to secure the future of your loved ones. LifeShield is an ideal life insurance plan that helps you protect your family's future. LifeShield is a low cost life insurance plan which guarantees to pay a lump sum amount in case of your death during the term of the policy. The sum insured of the policy can be increased during the term of the policy, without submitting any evidence of good health, in case of your marriage or the birth of your child.
Today your child wants to be a chef. Yesterday, he dreamt of becoming a cricketer. Tomorrow he might want to be a pilot. You never know where your child's' dreams will take him. Aviva Little Master helps you go that extra mile to ensure that your child realizes his dreams, whatever they may be, so your child can follow his heart. Aviva Little Master is a comprehensive, unit-linked endowment plan which covers the life of the parent as well as the child. It offers you 4 unit linked fund options. Aviva Little Master has several firsts which make it an extremely competitive product; a waiver of premium in the event of the parent's' death, a comprehensive health benefit (CHB) rider which covers 18 critical illnesses, guaranteed additions of up to 7% of the units at maturity as well as a choice of riders which cover you against accidental death, critical illnesses and pay out an income in case of death.
LifeSaver Plus is a Unit Linked endowment plan designed to meet your future savings requirements besides offering a higher life cover. The plan offers full Sum Assured in addition to the Fund Value as death benefit in case of your unfortunate death, thereby providing a higher financial protection to your family. You can also opt for the “Systematic Transfer Plan”. The plan provides a loyalty addition at maturity.
Different individuals have different needs which change over time. Aviva recognizes this and offers you a life insurance plan which provides solutions for all your financial goals, be it saving for your child, planning for that dream home or providing for your retirement. Freedom LifePlan is a unit-linked limited premium paying endowment plan with guaranteed loyalty additions. This unit linked plan gives you the flexibility to customize the plan to suit your individual needs and alter it subsequently with your changing needs.
LifeSaver Super is a unique unit linked endowment plan which offers flexibility as well as a higher life cover. The plan gives both the fund value as well as the Sum Assured in case of death thus providing higher financial protection to your family. It has the option of the Systematic Transfer Plan which reduces the risk of mis-timing the market and provides the benefits of a systematic investment plan.
LifeSaver Super is a unique unit linked endowment plan which offers flexibility as well as a higher life cover. The plan gives both the fund value as well as the Sum Assured in case of death thus providing higher financial protection to your family. It has the option of the Systematic Transfer Plan which reduces the risk of mis-timing the market and provides the benefits of a systematic investment plan.
