5 Popular Life Insurance Plans from Aviva Life

Life insurance policies come with several hidden terms and conditions, which require additional overhead for a fair understanding. An individual cannot just purchase an insurance policy, no matter which type of policy it is. He or she essentially needs to have someone to explain actual terms of the insurance, and most importantly, the eligibility. Different insurance companies offer multiple life insurance plans, each with a different age group and premium. It becomes very difficult for anyone looking forward to investing in a life insurance policy to decide which policy to for with.

 

Aviva Life Insurance offers much clearer life insurance plans for both individuals and groups. These plans are specifically customized to meet the basic needs of individuals while each one has certain features-cum-benefits. Below is the list of each Aviva Life Term Insurance Plan with detailed benefits:

 

·         Aviva Life Shield Plus

 

This comprehensive term insurance plan offers comprehensive coverage to the policyholder. The following are the key features and benefits of Aviva Life Shield Plus plan:

 

Policy Entry Age: The person should have age between 18 years and 55 years.

Age of Maturity: Policy gets matured between 28 years and 65 years.

Policy Term: Policy term lies in between 10 years and 30 years.

Sum Assured on Maturity: 10, 00,000 or more.

 

·         Aviva I Life

 

This term insurance policy offers the rebate in premium, in case the policyholder opts for Sum Insured with higher ranges. Following are the features and benefits:

 

Policy Entry Age: in between 18 years and 55 years.

Age of Maturity: in between 28 years and 65 years.

Policy Term: in between 10 years and 30 years.

Sum Assured on Maturity: 10, 00,000 or (a) No Limit, (b) Rs. 50, 00,000.

 

·         Aviva i-Life Shield

 

This plan entitles you to receive the option of the getting premium return when the policy gets maturity. The policyholder gets 110% of the premium paid at the end of the policy period. The following are the features-cum-benefits of the plan:

 

Policy Entry Age: Age should be in between 18 years and 55 years.

Age of Maturity: Policy maturity age is in between 28 years and 65 years.

Policy Term: Policy term lies in between 10 years and 30 years.

Sum Assured on Maturity: 15, 00,000 to Rs. 5 crore.

 

·         Aviva Life Shied Advantage

 

This policy plan entitles you to receive the return on premium when gets matured. Listed below are the features and benefits:

 

Policy Entry Age: The age should be between 18 years and 55 years.

Age of Maturity: Policy gets matured between 28 years and 65 years.

Policy Term: Policy term lies in between 10 years and 30 years.

Sum Assured on Maturity: 10, 00,000 or (a) No Limit, (b) Rs. 50, 00,000

 

·         Aviva Life Shied Platinum

 

Aviva Life offers this unique insurance policy with three special benefits that combine several additional attractive add-ons. Below listed are the basic policy features-cum-benefits:

 

Policy Entry Age: The age should be between 18 years and 55 years.

Age of Maturity: Policy gets matured between 28 years and 65 years.

Policy Term: Policy term lies in between 10 years and 30 years.

Sum Assured on Maturity: 10 lakhs or (a) No Limit, (b) Rs. 50 lakhs

 

Aviva Life Insurance policies come with the additional benefit of flexible payments.