Credit Plus | Aviva Life Insurance

Credit plus of Aviva Life Insurance has been planned to offer financial security to the financial institutions that are entrusted with the task of offering loans to the people that are residing in the rural parts of the country. The primary objective of this policy is to offer financial security to the banks or the micro financial institutions that might experience loss due to untimely death of the person who has taken the loan.

Some of the features and benefits of Credit plus of Aviva Life Insurance policy are as follows:

In this Insurance Policy, the master policy holder is careful to be the bank or the micro financial institutions that are found mainly in the rural parts of the country.
To become eligible for this policy, the member of the organization must be more then eighteen years but shouldn’t be more then fifty or fifty five years.
The term of this very insurance policy is one year and there is also a provision of renewing this policy every year.
The frequency for making the payment of premiums in this policy is monthly, quarterly, yearly and half-yearly. As a result of this the members of the group has gained tremendous freedom for making their payment of premiums right on time. This feature has allowed the members to select their own frequency of payment for the premiums.
The yearly premium in this policy depends mainly on the size of the group. Here age, occupation, and the balances that are unpaid are also taken into account.

So these are the features and benefits of Credit plus of Aviva Life Insurance. For more information about this policy, people are requested to call the 24 hour customer care canter at 1800 – 180 – 2266. They can even visit their nearby branch office of Aviva life insurance for more details.

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