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AVIVA NEW SACHIN CENTURY PLAN

  • This plan comes with a dual advantage to you in terms of savings and protection. It helps you to boost your money and also provides financial protection to your loved ones in your absence.

    Features:

    • It helps you to save time as it requires minimum paper work.

    • The minimum entry age required is 18 years and maximum is 50 years.

    • The minimum age at the maturity level is 28 years and maximum is 60 years.

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

    • The minimum annual premium to be paid is Rs.10, 000 and maximum is Rs.50, 000.

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

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

    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.
    • In case of your survival till the maturity of the policy term you get the fund value which will include your regular premium and top-up premium.

    • You can also avail for a maturity and loyalty additions.

    • 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;
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