Aviva i-Life Secure Insurance Plan and Policy
Aviva iTerm Insurance Plan and Policy - Aviva i Life is a pure protection plan which is available for online purchase without any agent intervention. Pure Term Plans have Death Benefit if the life insured dies within the policy tenure and no Maturity Benefit if he survives the entire term. It is a vanilla term plan with no fringes attached.
Key Features - Aviva iTerm Insurance Plan and Policy:
- It is a pure Term Insurance Policy with Death Benefit only and no Maturity Benefit.
- Exclusively available on the internet for an online purchase and only available in select cities
- An additional rebate for female lives of 5% on the tabular premium rates for male lives
- There is a rebate for large Sum Assured
Eligibility Details - Aviva iTerm Insurance Plan and Policy:
|
Minimum |
Maximum |
Sum Assured (in Rs.) |
25,00,000 |
No Limit |
Policy Term (in years) |
10 |
35 |
Premium Payment Term (in years) |
Equal to policy term |
Equal to policy term |
Entry Age of Policyholder |
18 |
55 |
Age at Maturity |
- |
70 |
Single premium (in Rs.) |
NA |
NA |
Payment modes |
Yearly, Half-Yearly |
|
Benefits - Aviva iTerm Insurance Plan and Policy:
Death Benefit – In case of death of the life insured, the nominee gets the sum assured
Maturity Benefit – There are no maturity benefits under this plan as it is a pure protection plan.
Income Tax Benefit - Life Insurance premiums paid up to Rs.1,50,000 are allowed as a deduction from the taxable income each year under section 80C
Aviva Term Protection Life Insurance Plans and Policy |
|
| Aviva Group Insurance Plans |
|---|
| Aviva Credit Plus |
| Aviva Credit Suraksha |
| Aviva Group Life Protect |
| Aviva Rural Insurance Plans |
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| Aviva Jana Suraksha Insurance Plan |
| Aviva Child Life Insurance Plans |
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| Aviva Young Scholar Secure |
| Aviva Sampoorna Suraksha |
| Aviva Young Scholar Advantage |
| Aviva Retirement Insurance Plans |
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| Aviva Annuity Plus Insurance Plan |
| Aviva Next Innings Pension Plan |
| Aviva New Family Income Builder |
| Aviva Affluence Insurance Plan |