AVIVA NEW LIFE SAVER PLUS

It is purely a savings plan which will ensure that your loved ones get a high level of financial protection in case something unfortunate happens to you.

Features:

• The minimum entry age required is 0 years and maximum is 60 years.

• The term of the policy is 10, 15, 20, 25 or 30 years.

• The premium payment term is same as the policy term.

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

• The minimum annual premium to be paid is Rs.15, 000 and there is no maximum limit.

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

• The fund options available are:

• Bond-II.
• Protector-II.
• Balanced-II.
• Growth-II.
• Enhancer-II.
• Infrastructure.
• PSU.
• Index-II Funds.

Benefits:

• At the time of maturity, the fund value of the regular premium term and top-up premiums are paid.

• On the maturity you may also get loyalty and maturity additions, if any.

• In the unfortunate event of your death, the nominee of your policy will receive the amount of Life Cover plus Fund Value.

• Tax benefits can be availed as per the prevailing laws under the Income Tax Act, 1961.