Aviva Corporate Life Plus | Aviva Life Insurance

February 27th, 2010

Aviva Corporate Life Plus is yet another insurance policy of Aviva life insurance that has been planned specifically to offer life insurance cover for the people that are working in an enterprise or organization. This one is a term plan and it is also capable of offering financial security to the family members of the employees.

Some of the important features of Aviva Corporate Life Plus insurance policies are as follows:

This is one such policy from Aviva life insurance that offers insurance cover to the employees that are working in an association.

Apart from this, the insured would also be getting extra insurance cover regarding accidental death or permanent disability.

This policy even offers protection to the insured with less medical paperwork.

In this policy the policy holder is the employer or the owner of an organization and for this reason the person is referred as the Master Policy Holder.

This policy offers insurance cover to fifty members in an organization.

The general term of this policy is one years and there is a provision of renewing this policy every year.

This one is a single premium policy in which the insured or the policy holder need to make the payment of the premium for a year at once.

To become eligible for this policy, a person needs to be above eighteen years and not more then sixty nine years.

Riders are also available in this policy and that can be availed after making a payment of some additional premium. The riders that are presented in this policy are Group Permanent Total Disability and Group Double Accident Benefit.

Apart from all the above features Aviva Corporate Life Plus insurance policy even offers tax benefits to its policy holder as per the provisions that are mentioned in the Indian income Tax Act, 1961.

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