Aviva Life Insurance , Noida - 201301


Phone: 18001037766

No 601, 6th Floor, Som Datt Tower, K2, Sector-18, Noida, Uttar Pradesh


https://www.avivaindia.com/
Aviva Life Insurance Term plan, Aviva Life insurance plan, Aviva Saving plan, Aviva Retirement Plan, Aviva Endowment Plan, Aviva Life Insurance Group Plan

About: Life Insurance Companies, Insurance Companies, Life Insurance Agents, Finance Consultants, Life Insurance Agents-Aviva, Aviva Life Insurance

Benefits of Aviva Life Insurance:

Aviva Life insurance is one of the leading insurers serving close to 31 million customers in over 16 nations worldwide. As one of the world leaders of the insurance sector, Aviva offers a robust portfolio of insurance products which are suited for different individuals with different needs. Furthermore, with a countrywide network of 118 branches, you can rest assured of availing quality insurance services near you at an Aviva branch or get the best insurance related advice from one of the 11,000 financial planning advisors who are a part of Aviva’s branch workforce.

Types of Life Insurance Policies Provided by Aviva:

Aviva Life Insurance offers a wide variety of life insurance plans not only for individuals but also for groups. Given below are all the plans offered by the insurer.

Plans for Individuals Child Plans
  • Aviva New Family Income Builder
  • Aviva Young Scholar Secure
  • Aviva Young Scholar Advantage
  • Aviva i-Growth
  • Aviva Life Bond Advantage
  • Aviva Dhan Samruddhi
  • Aviva Wealth Builder
  • Aviva Affluence
  • Aviva Dhan Vriddhi Plus
  • Aviva Dhan Nirman
Savings Plans
  • Aviva Dhan Samruddhi
  • Aviva Guaranteed Income Plan
  • Aviva Affluence
  • Aviva Dhan Nirman
  • Aviva Dhan Vriddhi Plus
  • Aviva Wealth Builder
  • Aviva Life Bond Advantage
  • Aviva New Family Income Builder
  • Aviva i-Growth
Retirement Plans
  • Aviva Dhan Samruddhi
  • Aviva Life Bond Advantage
  • Aviva Next Innings Pension Plan
  • Aviva Wealth Builder
  • Aviva i-Growth
  • Aviva Annuity Plus
  • Aviva New Family Income Builder
  • Aviva Affluence
  • Aviva Dhan Vriddhi Plus
Protection Plans
  • Aviva i-Term Smart
  • Aviva i-Life Total
  • Aviva Extra Cover - A combination plan
  • Aviva Lifeshield Advantage
  • Aviva Lifeshield Platinum
  • Aviva i-Life
  • Aviva i-Shield
Health Plans
  • Aviva Heart Care
  • Aviva Health Secure
Rural Plans
  • Aviva CSC Bima Laabh Yojana
  • Aviva Jana Suraksha
  • Aviva Nayi Grameen Suraksha
  • Aviva Sampoorna Suraksha
Group Plans Term Insurance Plans
  • Aviva Group Credit Life
  • Aviva Group Term Life
  • Aviva Corporate Life Plus
  • Aviva Corporate Shield Plus
  • Aviva Credit Assure
Gratuity or Leave Encashment Plans
  • Aviva Group Gratuity Advantage
  • Aviva New Group Leave Encashment Plan
  • Aviva New Traditional Employee Benefit Plan
Rural/Credit Protection Plans
  • Credit Suraksha
  • Aviva Group Life Protect

Aviva Life Insurance Plans For Individuals:

Aviva offers multiple types of life insurance policies suited for individuals. The product suite includes child plans, saving plans, retirement plans, protection plans and rural plans.

Aviva Child Insurance Plans:

  1. Aviva Family New Income Builder
  2. Aviva Young Scholar Advantage
  3. Aviva Young Scholar Secure
  4. Aviva Dhan Nirman – This is a unique life insurance plan which not only gives you a guaranteed stream of income regularly but also provides you with a bonus amount at the end of your policy term.
  5. Aviva Dhan Samruddhi – The Dhan Samruddhi is a plan specially designed to allow you to meet short and long term needs. The plan gives you guaranteed cash back, liquidity, maturity benefit and rebate for a high sum assured.
  6. Aviva Life Bond Advantage – This unique plan allows you the opportunity to invest a sum of money for a medium to long period of time along with Life Cover and the freedom of accessing your funds after 5 years.
  7. Aviva Live Smart – The Live Smart is a unit-linked plan which allows you to choose between 7 fund options (from 100% equity to 100% debt), provides flexibility to choose the policy term and also make free partial withdrawals after 5 years.
  8. Aviva Wealth Builder – Achieve your dreams with the Wealth Builder Plan which will double the total amount of premiums you have paid and guarantees the return of the same, as a lump sum at the time of maturity.
  9. Aviva iGrowth – The iGrowth policy has been designed to ensure that not only you but also your family can enjoy a secure future. It comes with 3 fund options, 3 policy terms and tax benefits.
  10. Aviva Dhan Vriddhi Plus – If you wish to make systematic savings while building a corpus, then the Dhan Vriddhi Plan is right for you, which comes with 3 term payment options, along with tax benefits.
  11. Aviva Affluence – This is a unit linked endowment plan which requires you to pay only for a limited term while allowing you to stay invested to meet long term milestones and maximize returns by choosing between 7 fund options.
Plan Basic Sum assured Tenure(policy Term)
Aviva Dhan Nirman Min – Rs 200,000; Max – Rs 1 crore (per life) 18, 21, 25 & 30 years
Aviva Dhan Samruddhi Min – Rs 100,000 Max – Rs 5 crore 10, 15 or 20 years (subject to max. maturity age)
Aviva Life Bond Advantage - 10 to 73 years (min age at maturity – 18 years; max age at maturity – 75 years)
Aviva Life Smart Sum Assured can be chosen as a multiple of Annual Premium between the maximum and minimum limits. Between 15 years to 30 years (subject to min. & max maturity age)
Aviva Wealth Builder
  • 2x Single premium (Single PPT*);
  • 10x Annual Premium (5 Yr PPT), &
  • 20x Annual Premium (10 Yr PPT)
13, 15 & 17 years
Aviva Young Scholar Advantage Max./Min. Sum Assured:
  • 0.5 x Policy Term X Annual premium, OR
  • 10 x Annual premium, whichever is higher
10 – 25 years (subject to max. maturity age)
Aviva Young Scholar Secure
  • Death Sum Assured: Higher of {10x Annual premium (excl. extra premium, rider premium & taxes, if any) OR Maturity Sum Assured OR 105% of the premiums paid (excl. extra premium, rider premium and taxes, if any)}
  • Maturity Sum Assured will depend on the age of the Life Insured, Policy term and Plan Option.
21 years, minus the child’s age at entry.
Aviva iGrowth Sum Assured - 10x Annual Premium OR 20x Annual Premium;
  • Min. SA - Rs 3,50,000
  • Max. SA per life:
Age 18 to 40: Rs. 50,00,000 Age 41 to 50: Rs. 30,00,0,00
10, 15 or 20 years (subject to max. maturity age)
Aviva Family New Income Builder Sum Assured – 24x Annual Premium (exclusive of Service Tax and extra premium, if any)
  • Min. SA - Rs 9,60,000 (min. annual premium of Rs.40,000 X 24)
  • Max. SA - Rs.24,00,00,000 per life (max. annual premium of Rs.1,00,00,000 X 24)
12 years
Aviva Dhan Vriddhi Plus
  • 5 years PPT:
  • Entry age 18 to 45 years: Min. SA Rs 5 lac
  • Entry age 46 to 50 years: Min. SA is Rs 10 lac
  • 7 years PPT – Min. SA is Rs 5 lac
  • 11 years PPT – Min. SA is Rs 3 lac
Max. SA for all 3 PPTs is Rs 5 crore
20 years
Aviva Affluence Sum Assured is a multiple of Annual Premium and depends upon Policy Term and age. 15 to 30 years (subject to min. & max. maturity age)

*PPT – Premium Payment Term / *SA – Sum Assured

Aviva Saving Plans:

1. Aviva Dhan Nirman

2. Aviva Dhan Samruddhi

3. Aviva i-Growth

4. Aviva LifeBond Advantage

5. Aviva Live Smart

6. Aviva New Family Income Builder

7. Aviva Wealth Builder

8. Aviva Dhan Vriddhi Plus – If you wish to make systematic savings while building a corpus, then the Dhan Vriddhi Plan is right for you, which comes with 3 term payment options, along with tax benefits.

9. Aviva Affluence – This is a unit linked endowment plan which requires you to pay only for a limited term while allowing you to stay invested to meet long term milestones and maximize returns by choosing between 7 fund options.

Plan Basic Sum assured Tenure(policy Term)
Aviva Dhan Nirman Min – Rs 200,000; Max – Rs 1 crore (per life) 18, 21, 25 & 30 years
Aviva Dhan Samruddhi Min – Rs 100,000 Max – Rs 5 crore 10, 15 or 20 years (subject to max. maturity age)
Aviva iGrowth
  • Sum Assured - 10x Annual Premium OR 20x Annual Premium;
  • Min. Sum Assured - Rs 3,50,000 Max. Sum Assured per life -
  • Age 18 to 40: Rs. 50,00,000 Age 41 to 50: Rs. 30,00,0,00
10, 15 or 20 years (subject to max. maturity age)
Aviva Life Bond Advantage - 10 to 73 years (min age at maturity – 18 years; max age at maturity – 75 years)
Aviva Life Smart Sum Assured can be chosen as a multiple of Annual Premium between the maximum and minimum limits. Between 15 years to 30 years (subject to min. & max maturity age)
Aviva Family New Income Builder
  • Sum Assured – 24x Annual Premium (exclusive of Service Tax and extra premium, if any)
  • Min. SA* - Rs 9,60,000 (min. annual premium of Rs.40,000 X 24)
  • Max. SA* - Rs.24,00,00,000 per life (max. annual premium of Rs.1,00,00,000 X 24)
12 years
Aviva Wealth Builder
  • 2x Single premium (Single PPT*);
  • 10x Annual Premium (5 Yr PPT), &
  • 20x Annual Premium (10 Yr PPT)
13, 15 & 17 years
Aviva Dhan Vriddhi Plus
  • 5 years PPT
  • Entry age 18 to 45 years: Min. SA Rs 5 lac
  • Entry age 46 to 50 years: Min. SA is Rs 10 lac
  • 7 years PPT – Min. SA is Rs 5 lac
  • 11 years PPT – Min. SA is Rs 3 lac
  • Max. SA for all 3 PPTs is Rs 5 crore
20 years
Aviva Affluence Sum Assured is a multiple of Annual Premium and depends upon Policy Term and age. 15 to 30 years (subject to min. & max. maturity age)

*PPT – Premium Payment Term / *SA – Sum Assured

Aviva Retirement/Pension Plans:

1. Aviva Annuity Plus

2. Aviva Next Innings Pension Plan

3. Aviva Dhan Samruddhi – The Dhan Samruddhi is a plan specially designed to allow you to meet short and long term needs. The plan gives you guaranteed cash back, liquidity, maturity benefit and rebate for a high sum assured.

4. Aviva iGrowth – The iGrowth policy has been designed to ensure that not only you but also your family can enjoy a secure future. It comes with 3 fund options, 3 policy terms and tax benefits.

5. Aviva Live Smart – The Live Smart is a unit-linked plan which allows you to choose between 7 fund options (from 100% equity to 100% debt), provides flexibility to choose the policy term and also make free partial withdrawals after 5 years.

6. Aviva Family New Income Builder - This plan makes sure you pay for 12 years and get the double of that amount over the next 12 years.

7. Aviva Wealth Builder – Achieve your dreams with the Wealth Builder Plan which will double the total amount of premiums you have paid and guarantees the return of the same, as a lump sum at the time of maturity.

8. Aviva Life Bond Advantage – This unique plan allows you the opportunity to invest a sum of money for a medium to long period of time along with Life Cover and the freedom of accessing your funds after 5 years.

9. Aviva Dhan Vriddhi Plus – If you wish to make systematic savings while building a corpus, then the Dhan Vriddhi Plan is right for you, which comes with 3 term payment options, along with tax benefits.

10. Aviva Affluence – This is a unit linked endowment plan which requires you to pay only for a limited term while allowing you to stay invested to meet long term milestones and maximize returns by choosing between 7 fund options.

Plan Basic Sum assured Tenure(policy Term)
Annuity Plus - -
Aviva Dhan Samruddhi Min – Rs 100,000 Max – Rs 5 crore 10, 15 or 20 years (subject to max. maturity age)
Aviva iGrowth
  • Sum Assured - 10x Annual Premium OR 20x Annual Premium;
  • Min. Sum Assured - Rs 3,50,000
  • Max. Sum Assured per life -
  • Age 18 to 40: Rs. 50,00,000
  • Age 41 to 50: Rs. 30,00,0,00
10, 15 or 20 years (subject to max. maturity age)
Aviva Life Smart Sum Assured can be chosen as a multiple of Annual Premium between the maximum and minimum limits. Between 15 years to 30 years (subject to min. & max maturity age)
Aviva Family New Income Builder
  • Sum Assured – 24x Annual Premium (exclusive of Service Tax and extra premium, if any)
  • Min. SA* - Rs 9,60,000 (min. annual premium of Rs.40,000 X 24)
  • Max. SA* - Rs.24,00,00,000 per life (max. annual premium of Rs.1,00,00,000 X 24)
12 years
Aviva Next Innings - 13, 16 & 18 years
Aviva Wealth Builder
  • 2x Single premium (Single PPT*);
  • 10x Annual Premium (5 Yr PPT), &
  • 20x Annual Premium (10 Yr PPT)
13, 15 & 17 years
Aviva Life Bond Advantage - 10 to 73 years (min age at maturity – 18 years; max age at maturity – 75 years)
Aviva Dhan Vriddhi Plus
  • 5 years PPT
  • Entry age 18 to 45 years: Min. SA Rs 5 lac
  • Entry age 46 to 50 years: Min. SA is Rs 10 lac
  • 7 years PPT – Min. SA is Rs 5 lac
  • 11 years PPT – Min. SA is Rs 3 lac
  • Max. SA for all 3 PPTs is Rs 5 crore
20 years
Aviva Affluence Sum Assured is a multiple of Annual Premium and depends upon Policy Term and age. 15 to 30 years (subject to min. & max. maturity age)

*PPT – Premium Payment Term / *SA – Sum Assured

Aviva Protection Plans:

1. Aviva i-Life

2. Aviva i-Shield

3. Aviva Life Shield Advantage

4. Aviva Life Shield Platinum

5. Aviva Life Shield Plus

6. Aviva Sampoorna Suraksha – This is a non-linked, non-participating life insurance plan which helps secure the future of your loved ones by providing a guaranteed maturity benefit, freedom to choose a premium payment schedule as per your convenience.

7. Aviva Extra Cover – This policy combines the benefits of the Aviva i-Life and the Aviva Health Secure policy, to provide all-round protection which includes affordable life cover and a lump sum amount on diagnosis of a critical illness.

Plan Basic Sum assured Tenure(policy Term)
Aviva i-Life Min – Rs 25 lakh; Max – No limit (depends on underwriting) Min – 10 years; Max – 35 years
Aviva i-Shield Rs. 15 lakhs to Rs. 5 crores (in multiples of Rs.25000), subject to underwriting. 10 – 25 years
Aviva Life Shield Advantage Min. Sum Assured – Rs 2 lakh 10 – 30 years
Aviva Life Shield Platinum Min – Rs 50,00,000; Max – No limit, subject to underwriting. 10 – 52 years (subject to max. maturity age of 70 years)
Aviva Life Shield Plus Minimum Sum Assured – Rs 10 lakh 10 – 30 years
Aviva Sampoorna Suraksha Sum Assured shall vary depending on the policy term 8, 9, 10 & 15 years
  · Term Insurance  
Aviva Extra Cover
  • Min – Rs 25 lakh; Max – Rs No limit
  • Critical Illness Cover
  • Min – Rs 5 lakh; Max – Rs 50 lakh
10 – 15 years (Term Insurance); 10 – 30 years (Critical illness cover)

Aviva Rural Plans:

1. Aviva Jan Suraksha

2. Aviva Nayi Grameen Suraksha

Plan Basic Sum assured Tenure(policy Term)
Aviva Jan Suraksha - 5 – 10 years (subject to max. age maturity age of 50 or 55 years respectively)
Aviva Nayi Grameen Suraksha - -

Aviva Life Insurance Group Plans:

In addition to life insurance plans for individuals, Aviva also offers multiple life insurance plans for groups. These are Term plans, Gratuity/ leave encashment plans and rural / credit protection plans.

Aviva Life Group Term Insurance Plans:

1. Aviva Corporate Life Plus

2. Aviva Corporate Shield Plus

3. Aviva Credit Assure

4. Aviva Group Credit Life

5. Aviva Group Term Life

Plan Basic Sum assured Tenure(policy Term)
Aviva Group Credit Life
  • Minimum amount - Rs.5,000
  • Maximum amount - Rs.10 crore (pertaining to home loans)
  • Maximum amount - Rs.5 crore (pertaining to other types of loans)
  • Single premium policies - 2 to 30 years
  • Limited premium policies - 8 to 30 years
Aviva Group Term Life
  • Minimum Amount Per Member - Rs.5,000
  • Minimum Amount Per Scheme - Rs.20 lakh
  • No Maximum Limit
The group insurance policy can be renewed on a yearly basis
Aviva Credit Assure
  • Minimum Amount - Rs.5,000 per member
  • Maximum Amount - Rs.10 lakh per member
The group insurance policy can be renewed on a yearly basis

Aviva Gratuity/Leave Encashment Plans:

1. Aviva New Traditional Employee Benefit

2. Aviva Group Gratuity Advantage

3. Aviva New Group Leave Encashment Plan

Plan Basic Sum assured Tenure(policy Term)
Aviva New Traditional Employee Benefit Min: Rs 1,000 per employee; Max: Rs 1crore per employee -
Aviva Group Gratuity Advantage Min: Rs 1,000 per employee Max: Rs 1crore per employee 1 year policy, renewable annually
Aviva New Group Leave Encashment Plan - -

Aviva Rural/Credit Protection Plans:

1. Aviva Credit Plus

2. Aviva Credit Suraksha

3. Aviva Group Life Protect

Plan Basic Sum assured Tenure(policy Term)
Aviva Credit Plus - 1 year, renewable annually.
Aviva Credit Suraksha Max – Rs 100,000 / per member - Rs 20 lakh / per scheme 1 year policy, renewable annually
Aviva Group Life Protect Min – Rs 1,000 per member Max – No limit -

How to File An Insurance Claim With Aviva Life:

Claim settlement is one of the most important aspects of any insurance policy. To allow you to file a claim with zero hassles, Aviva has put in place a very efficient claim settlement process. Customers can inform the insurer about a claim either by visiting the Aviva website or by approaching any Aviva branch office. The steps involved in registering a claim are as follows:

  • Step 1 – Complete the claim form correctly and fully, depending on which claim has to be made.
  • Step 2 – Depending on the claim that you have raised, you must gather the required documents, which must be submitted either as originals or photocopies and must be duly attested by a Gazetted officer, magistrate, Tahsildar or police sub-inspector.
  • Step 3 – If you have to make a Hospitalization / Surgical Rider Benefit Claim, you must furnish all medical reports, bills which have been issued by the physician treating your illness who must also be qualified to issue such a report.
  • Step 4 - Finally, you must submit the claim form along with the required documents to your nearest Aviva branch office.

Aviva Life Insurance Claim Settlement Ratio:

Year 2017 - 2018 2016 - 2017 2015 - 2016 2014 - 2015 2013 - 2014
Claim Ratio 94.45% 90.60% 81.97% 83.07% 84.01%

Aviva Life Health Plans

Along with providing comprehensive health plans, Aviva Life Insurance also provides add-on benefits like Critical Illness Benefit rider coupled with a Bonus facility. Health plans offered by Aviva Life Insurance can be purchased either online or offline. The following health plans are provided by Aviva Life Insurance:

1. Aviva Health Secure

2. Aviva Heart Care

Plan Basic Sum assured Tenure(policy Term)
Aviva Health Secure
  • Minimum amount - Rs.5 lakh
  • Maximum amount - Rs.50 lakh (including the cover for Critical Illness purchased under other plans)
  • Minimum policy term - 10 years
  • Maximum policy term - 30 years
Aviva Heart Care
  • Minimum amount - Rs.10 lakh
  • Maximum amount - Rs.50 lakh (subject to underwriting guidelines approved by the Board)
  • Minimum policy term: 10 years
  • Maximum policy term - 25 years (subject to maximum age of maturity of 75 years)

Documents Required To Purchase Aviva Life Insurance:

In order to apply and purchase an Aviva Life Insurance policy, you must provide certain documents such as your identity proof, proof of age, proof of income, proof of residence and a copy of your PAN Card.

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