Aviva Life Insurance Company India Limited is a joint venture between Dabur Invest Corp and Aviva International Holdings Limited – a UK based insurance group, whose association with India goes back to 1834. By choosing Aviva Life Insurance you benefit from the management experience of one of the world’s oldest Insurance Group, with a history dating back to 1696. Today, Aviva Group has 43 million customers in over 20 countries (June 2012). Founded in 1884, Dabur India Limited, the flagship company of Dabur Group, is one of India’s oldest and largest companies. It is one of the country’s leading producers of traditional healthcare products.
Aviva i-Shield Benefits Death Benefit: In case of your unfortunate death during the policy term, the Sum Assured will be paid to the beneficiary in your family to take care of their future needs. Maturity Benefit: This is a pure protection plan and hence there is no maturity benefit payable. Tax Benefit: Tax Benefits as per Section 80C will be applicable. Tax laws are subject to change.
Aviva i-Shield Benefits
Death Benefit: In case of your unfortunate death during the policy term, the Sum Assured will be paid to the beneficiary in your family to take care of their future needs.
Maturity Benefit: This is a pure protection plan and hence there is no maturity benefit payable.
Tax Benefit: Tax Benefits as per Section 80C will be applicable. Tax laws are subject to change.
Why invest with Aviva?
Aviva Life Insurance is a joint venture between Dabur Invest Corp and Aviva International Holdings Limited – a UK based insurance group, whose association with India goes back to 1834. By choosing Aviva Life Insurance you benefit from the management experience of one of the world’s oldest Insurance Group, with a history dating back to 1696. Founded in 1884, Dabur is one of India’s oldest and largest groups of companies. It is the country’s leading producer of traditional healthcare products.
Key Features of Aviva iShield Policy
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Thus, this plan provides high protection cover at nominal cost
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In this plan, 110% of the premiums paid back as Maturity Benefits
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In this plan, if the Life Insured dies within the policy tenure, 100%-120% of the Sum Assured is paid to the nominee as Death Benefit, which depends upon the year of death
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In this plan, there is a rebate on premium for choosing Sum Assured of Rs. 20 Lacs and above
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This policy provides for free medical examination at inception of the policy.
Eligibility conditions & other restrictions in Aviva iShield Insurance PlanSum Assured (in Rs.)
15,00,000
5 crores
Policy Term (in years)
10
25
Premium Payment Term (in years)
Equal to Policy Tenure
Entry Age of Life Insured (in years)
18
55
Age at Maturity (in years)
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65
Payment modes
Yearly, Half-Yearly and Monthly
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