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AVIVA DHAN VRIDDHI

  • It is a money back plan that will provide you a guaranteed amount of money at regular intervals along with a life cover protection.

    Features:

    • The minimum entry age of the child required is 13 years and maximum is 55 years.

    • The term of the policy is 10 – 20 years.

    • The maximum age at the maturity level is 70 years.

    • The premium payment term is policy term less 5 years.

    • The premiums can be paid on monthly, quarterly, yearly or half-yearly basis.

    • The minimum annual premium to be paid is Rs.5, 000 and maximum depends on the sum assured.

    Benefits:

    • In case of your unfortunate death, the nominee of your policy will get the life cover and accrued guaranteed bonuses.

    • In case of death due to accident, an additional amount equal to Accidental Death Benefit Rider, Sum Assured will be paid if you choose for ADB rider.

    • At the time of maturity, you get the Life Cover minus the survival benefits already disbursed will be paid in addition to the accrued Guaranteed Additions.

    • Tax benefits can be availed as per the prevailing laws under the Income Tax Act, 1961.
    Published on August 4, 2010 · Filed under: Aviva Life Insurance;
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