Aviva Life Line is a unit linked non-participating Insurance Policy that has been designed specifically to offer investment as well as long term protection to the insured. Apart from this it also offers Systematic Money Transfer, Automatic asset allocation and loyalty additions.
Features and benefits of this insurance policy
- The Aviva Life Line policy offers full protection to the family member of the insured even after the death of the policy holder. In such a case either the sum that has been assured or the fund value is paid which ever is higher.
- Under this policy the insured is offered with the choice of funds that are unit linked. Some of them are bond fund 2, protector fund 2, enhanced fund 2, balanced fund 2, PSU fund, etc.
- In Aviva Life Line policy the insured is also eligible to have fidelity additions in the entire term of the policy.
- This policy is also very flexible that allows the policy holder to either increase or decrease the level of protection and savings. It even allows the insured to either raise or reduce the insurance premium.
- The feature of partial withdrawal is there in this policy that allows the insured to withdraw money from their fund without making the surrender of their policy.
Some other information about this policy
- In this policy the minimum and the maximum age entry is eighteen and sixty five if the Aviva Life Insurance policy has been subscribed along with the riders.
- This is a policy that can be carried on through the entire life of the insured.
- The riders that are available under this policy are accidental death benefit, inclusive health benefit, Aviva Payor plus Rider and Aviva team rider.
Ample option has been provided for making the payment of premiums since the frequency for making the payment is yearly, half yearly, quarterly and monthly.
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Tags: aviva life insurance, Aviva Life Line, insurance policy