AVIVA NEW PENSION PLUS
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This plan will help you to save money for your days of retirement. It helps you to secure your future years.
Features:
- The minimum entry age required is 18 years and maximum is 75 years.
- The minimum term of the policy is 5 years and maximum 62 years.
- The minimum age at the maturity level is 40 years and maximum is 80 years.
- The minimum regular premium to be paid is Rs 1, 00,000 for policy term between 5-10 years.
- The minimum regular premium to be paid is Rs 18,000 for policy term between 11-19 years.
- The minimum regular premium to be paid is Rs 12,000 for policy term more than 20 years.
- The minimum single premium to be paid is Rs 100,000 and there is no maximum limit.
Benefits:
- In case of your unfortunate death, the nominee of your policy will receive the fund value with a top up premium and also an additional regular premium if any.
- On the date of maturity you get the option to withdraw 1/3rd of the amount as lump sum and use the balance to purchase annuity from the company or from any other insurer.
- You also get the benefit of loyalty and maturity additions at the end of the term.
- You can also increase your regular premium through indexation and additional regular premiums.
- Get tax benefits under the Income Tax Act, 1961.
Published on August 4, 2010 · Filed under: Aviva Life Insurance;





