AVIVA NEW LIFE BOND PLUS
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It is a unit linked plan based on a single premium mode providing you with investments as well as tax benefits.
Features:
- It gives you lump sum investments which will help you to boost your wealth.
- The minimum entry age required is 0 years and maximum is 65 years.
- The term of the policy is between 10-75 years.
- The minimum age at the maturity level is 18 years and maximum is 75 years.
- It offers you a single premium payment term.
- The minimum annual premium to be paid is Rs.35, 000 for a term of 10 years and Rs.50, 000 for more than 10 years.
- There is no limit for the maximum premium paid.
Benefits:
- 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.
- On the date of maturity you can either terminate your policy or take out the fund value.
- If you do not wish to take the fund value, you can keep it invested and can keep receiving it over a period of 5 years.
- It gives you the option to make 4 partial withdrawals in a policy year.
- 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;





