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Aviva i-Life | Features | Benefits

Aviva i-Life

It is a term plan available online. It is a pure protection plan. It offers only death benefits but no maturity benefits. This plan offers rebates on large sum assured and female lives.

Death Benefit: Sum assured will be paid to the nominee.

Rider Benefit: Additional protection through accidental death benefit rider (optional).

Tax Benefit: available under section 80C.

Eligibility

 

Minimum

Maximum

Entry Age (completed)

18 years

55 years

50 years (with ADB)

Maturity Age (Completed)

-

70 years

60 years (with ADB)

Sum Assured

Rs. 25 lakh

No limit

Rider Sum Assured

Rs. 10 lakh

Rs. 50 lakh

Policy Term

10 years

35 years

PPT

Equal to policy term

Payment Frequency

Yearly, Half yearly

Premium payable in half yearly mode will be approx. 21.6% higher than yearly mode

 

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