If you are looking for an insurance plan to protect your family’s future, Aviva India Insurance offers several options. These include Aviva Life Insurance, Aviva Wealth Builder, and Aviva Wealth Plus. In this article, we will cover three different plans and their benefits. Each has its advantages, but they all have the same basic purpose – to protect your family.
About Aviva India
Overview
Aviva India is an Indian life insurance company established in July 2002 as a joint venture between Aviva Life Insurance Company and Dabur Group, one of the oldest companies in India. It has now become one of the largest life insurance providers in the country. Information about the business and its offerings is available on the Aviva India login page.
Services and Contributions
While the company’s most popular product is insurance policies, it offers a variety of other services to attract new customers and retain existing ones. For example, its mutual fund service has become increasingly popular. Aviva also engages in various charity works, such as the Aviva Great Wall of Education, which has distributed over 2 million books to underprivileged children.
Leadership
Aviva India’s new MD and CEO, Trevor Bull, aims to build long-term relationships with consumers by creating the “Aviva Affluence” brand, designed to appeal to a specific audience. Additionally, Aviva has appointed Prashant Sharma, a former senior fund manager with 15 years of experience, to further strengthen its leadership team.
Aviva Life Insurance
Overview
If you are looking for a term insurance plan that provides life cover up to 20 times your annual income, you should check out the various options offered by Aviva India life insurance. Aviva Jan Suraksha Yojana provides complete financial security to your dependents. The LifeShield Advantage scheme is designed to provide financial assistance in case of permanent disability.
Simple Life Insurance Scheme
Aviva Simple Life Insurance Scheme guarantees a minimum sum of five lakhs. Policies are available with terms ranging from 5 to 40 years and have flexible premium payment terms, such as single, monthly, and annual payments.
Policy Management
If you already have a policy with the company, you can request a duplicate policy by filling out a request form. You can also download the premium calculator tool on the Aviva life insurance app and submit it along with the required documents to receive a reply within a few days. Apart from the online complaint form, the company maintains a list of FAQs and an Aviva customer care contact number.
Aviva Wealth Builder
Investment Plan
If you are looking for an investment plan that offers long-term growth potential, Aviva Wealth Builder in India is a good option. This plan offers both death and maturity benefits, ensuring that your family has adequate protection. In case of your death, your beneficiaries will receive a sum equal to the policy’s sum assured. If you plan to retire early, this plan offers a sum assured of Rs. 30 lakhs.
Features
The main advantage of this scheme is the assurance factor. Payments on maturity are tax-free for general annuity insurance policies. Additionally, there is an option to add accidental benefit coverage to ensure financial security for your family in the event of an accident. Currently, the entry age for Aviva Wealth Builder in India is low, so even people with low incomes can invest.
Payment Options
One of the advantages of this plan is that you do not need to visit the insurance agent every year to pay your premium. You can use a debit card or credit card to make payments. If you have an Airtel Money or other credit card account, you can set a standing instruction so that your premium is deducted automatically. If you find it difficult to make a payment, you can use Autopay through NACH or another electronic payment system. Additionally, you can visit an Aviva branch to purchase your plan.
Aviva DhanVriddhi Plus
Overview
Aviva Dhan Vriddhi Plus is an endowment plan for limited-salary customers, helping them build a corpus and guarantee together on maturity. In the event of your passing, it might also provide your family with financial stability by paying an accrued bonus.
Features
Aviva Dhan Samriddhi Yojana provides both short- and long-term savings. This plan also has a live cover feature that allows you to access the fund after your death. The Aviva Dhan Vriddhi Plus plan offers three payment options and comes with tax benefits. Aviva Affluence Plan offers a structured savings and investment plan, providing long-term investment with maximum returns.
Payment and Investment Options
Unlike some other plans, the DhanVriddhi Plus plan allows you to build a corpus systematically. This plan offers you three-term payment options as well as a unit-linked endowment. You can choose the fund to invest in and invest between seven funds. The premium amount depends on the annual premium, policy term, and age factor.
Conclusion
Aviva India Insurance offers a variety of insurance and investment plans tailored to meet different needs. Whether you are looking for comprehensive life insurance coverage or an investment plan with long-term growth potential, Aviva India has options that can help secure your family’s future. Explore these plans and choose the one that best suits your needs.
