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AVIVA NEW FREEDOM LIFE PLAN

  • It is a flexible plan which will help you to fulfill all your financial goals and objectives.

    Features:

    • Flexibility to choose the amount of savings as per your requirement.

    • The premium payment term can be of 3,5,10,15,20,25 or 30 years.

    • Flexibility to reduce the premium and increase/ decrease the life cover.

    • It offers you the flexibility to insure you and your spouse under a single policy.

    • It provides you indexation to protect your savings and protection against market ups and downs.

    • Flexibility to invest in any of the 8 funds available.

    • The maximum age at maturity of the parent is 70 years.
    • The minimum top-up premium is of Rs.1, 000 and maximum is up to 25% of the total regular premiums paid.

    • The minimum annual premium is of Rs.25, 000 for a term of 10 years or more, Rs.50, 000 for a term of 5 years and Rs.1, 00,000 for a term of 3 years. There is no maximum limit.

    Benefits:

    • You get additional benefit through the benefit rider options available:
    • Accidental Death and Dismemberment rider.
    • Comprehensive Health Benefit rider.
    • Hospital Cash Benefit Rider.
    • Aviva Payor Plus rider.
    • In the unfortunate event of your death, the nominee of your policy will receive the amount of Life Cover or Fund Value, whichever is higher.
    • You get the benefit of loyalty additions if you have paid all the premiums on time.

    Get the tax benefits under the Income

    Published on August 4, 2010 · Filed under: Aviva Life Insurance;
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