New to Aviva

Let us help you find a plan

Choosing the right plan is essential to ensure that you are adequately covered against all odds. We help you choose a right mix of plans based on your needs to help you achieve your financial goals.


Find me a plan 

Existing Customers

Premium payment

Our premium payment options ensure your convenience, no matter where you are.
Pay premium online

Find premium payment options

Making a claim

Unclaimed Policy Holders Amount

Know more about making a claim

log In

Manage your policy

  • Pay premium
  • Switch funds / Redirect premium
  • Policy servicing
  • Policy details on SMS
  • Policy statements

General enquiries

Toll free Number: 1800–180–2266


SMS : Send 'ASK AVIVA' to 5676737

Text Size: 

Aviva Freedom Life Advantage


Aviva Freedom Life Advantage allows you to choose the proportion of savings and protection and change it subsequently, in line with your changing needs, with the option to pay premiums for as few as 5 years, through:

  • Option to increase / decrease Life Cover (Sum Assured)
  • Option to cover husband and wife under the same policy
  • 100% allocation from sixth year if Annual Premium is Rs. 1 lakh or more
  • Inbuilt Accidental Death cover
  • Loyalty additions every 3 years from the end of 10th policy year
  • Pay off all the premiums in 5 years or choose to pay throughout the term
  • Flexibility to choose Life cover
  • Enhance maturity proceeds and life cover with Top-up Premiums
  • 7 fund options (Bond-II, Protector-II, Balanced-II, Growth-II, Enhancer-II, Infrastructure and PSU), AAA & STP
  • Entry age: 2 to 60 years for single life and 18 to 60 years for joint life; (18-55 years and 18-50 years respectively for single life and joint life with riders).
     For Joint Life option, both the Life Assureds must be 18 years of age
  • Policy term:15 to 30 years (maximum age at maturity 75 years)
  • Premium payment term: 5 years or same as the Policy Term
  • Premium Payment Frequency: Annually, Half-yearly or Monthly
  • Annual Premium: Minimum Rs. 25,000 for PPT=PT and Rs 100,000 for PPT of 5 years; No limit on Maximum
  • Top-up Premium:Minimum Rs. 5,000; Maximum: Up to sum of premiums paid
  • Fund Options:Bond II,Protector II,Balanced II,Growth II, Enhancer II, Infrastructure and PSU
Easy steps to your plan

Step 1

Decide the corpus you wish to build for your future and the time when the same should be available. This will influence the choice of premium and the policy term.

Tip - Use the "Wealth Planner" calculator to help you decide


Policy Term (PT) - 15-30 years, subject to maximum maturity age of 75 years.

Step 2

Choose the level of protection you desire through:

  • Cover on single life or joint life
  • Level of Life Cover (Sum Assured)


Single and Joint Life Cover Option

Range of Life Cover


Life Cover = (1.05 x PT x Annual Premium) to (2.5 x PT x Annual Premium)

For PPT= 5 years:

Minimum: (10 x Annual Premium) or (0.5 x Policy Term x Annual Premium), whichever is higher

Maximum: for age <= 40 years, 20 x Annual Premium

for age >40 years, same as minimum cover

In-built Accidental Death Cover

Step 3

Arrive at the amount of premium you wish to pay, which will be determined by step 1 and 2. Also choose the Premium Payment Term (PPT) and Premium Payment Frequency (PPF) based on your convenience.

  • Premium paying term (PPT): 5 years or same as Policy Term
  • Minimum Premium: Rs. 100,000 (if PPT=5 Years); Rs 25,000 (if PPT= PT).
    No limit on maximum
  • Premium frequency: Yearly, Half-yearly or Monthly

Step 4

Choose the funds you want to invest in depending on your risk appetite.

For details refer to the "Investment options" section in the product brochure.

What benefits will I receive?

Death Benefit:

  • In the unfortunate event of your death, the amount of Life Cover or Fund Value, whichever is higher, shall be payable to the nominee along with accrued Loyalty Additions (if any)
  • Life Cover or Fund Value, whichever is higher, pertaining to top-up premiums, if any, shall also be payable
  • In case of death due to an accident between age 18 to 60, an additional amount under the in-built Accidental Dealth cover shall also be paid

Loyalty Additions

  • You will be eligible for loyalty additions, if you continue paying all due premiums
  • The addition will be 3% of Fund Value at the end of year 10 and 1.75-2% of Fund Value at the end of every subsequent 3rd policy anniversary till the end of the Policy Term

Maturity Benefit:

  • On maturity, the Fund Value pertaining to both regular premiums and top-up premiums will be paid to the policyholder along with accrued Loyalty Additions, if any as on the maturity date. 
  • Settlement option – This allows you to keep the money invested in the fund even after maturity and enables you to receive the same systematically over a period of 1 to 5 years. You can opt for this option at maturity

Tax Benefit:

  • The Policy offers tax benefits as per the prevailing laws of the Income Tax Act, 1961. Tax laws are subject to change

This illustration is for a male aged 35 years, opting for minimum Sum Assured, pays premiums yearly and invests 100% into the Enhancer Fund-II (Premium Paying Term = Policy Term) and does not opt for the riders.

*Refer to the policy brochure for disclaimers

What are the charges on my policy?

The policy will attract charges under various heads. The details of the same are given below:

Charges for

Year 1

Year 2-5

Year 6 onwards

Premium Allocation




Fund Management

1.35% p.a. will be applied for all funds except Discontinued Policy Fund. In case of Discontinued Policy Fund, the FMC would be 0.50% p.a. or as per the guidelines issued by IRDA from time to time

Policy Administration

0.1% of annual premium per month subject to a maximum of Rs 400 p.m. throughout the Policy Term


Refer to the policy brochure

#This depends on the amount of Premium Paid every year

For further details, please refer to the policy brochure
Rider premiums depend on the rider and the cover chosen. Rider premiums are collected in addition to the base plan premiums

Complete withdrawal is allowed after 5 policy years

Send me an Adviser , Calculate Premium  Download Brochure Terms and Conditions  Policy Schedule

Related Plans

Have a Problem?

If you've had a problem with our service, we'd like to hear about it.

Make a complaint

Have we delighted you?

We would appreciate your feedback.

Send us a compliment