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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

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Aviva i-Life Insurance Plan
Aviva i-Shield Insurance Plan
Aviva LifeShield Advantage Insurance Plan
Aviva LifeShield Platinum Insurance Plan
Aviva LifeShield Plus Insurance Plan
Aviva Extra Cover Insurance Plan
Aviva i-Life Secure Insurance Plan
Aviva i-Life Total Insurance Plan
Aviva Rural Insurance Plans
Aviva Jana Suraksha Insurance Plan

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Aviva Young Scholar Secure
Aviva Sampoorna Suraksha
Aviva Young Scholar Advantage
Aviva Retirement Insurance Plans
Aviva Annuity Plus Insurance Plan
Aviva Next Innings Pension Plan
Aviva New Family Income Builder
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