Quick apply
Home loan
Demat account
Credit Card
Personal Loan
Car Loan

Categories

AVIVA NEW LIFE BOND PLUS

  • 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;
    No Comments

Leave a Reply

 
 
Email This
* Your Name:
* Your Email:
* Friends Email:
(Separate multiple email addresses with commas.)
OR Send email using your contact list
* Your Message: