Overview
Aviva LifeShield provides low cost protection to your family through:
- Guaranteed payment of lump sum to the nominee in case of death of the life insured within the policy term.
- Preferred rates to the customers opting for higher sum assured and to the Aviva PensionPlus Policyholders
- Flexibility of increasing the sum assured on life stage events like marriage and birth.
- Specifications:
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Entry age: 18-55 years (Maximum age at the expiry of the policy is 65 years)
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Policy term: 5 years to 40 years
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Minimum Sum Assured: Rs 5 lakh
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Minimum Annual Premium: Rs 2000 (Service tax will be payable over & above the applicable premiums as per the tax laws)
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Premium Payment Frequency: Yearly, Half Yearly, Quarterly and Monthly
- Easy Steps to your plan:
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Step 1
Choose the level of protection you desire
Tip – Use the Human Life Value Calculator
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Minimum life cover (Sum Assured) is Rs 5 lakh |
Step 2
Arrive at a policy term by choosing the period for which you want protection
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Policy Term: 5-40 years subject to :
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Step 3
Select the Premium frequency based on your convenience
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Step 4
Work out the premium payable along with our Financial Planning Adviser |
Calculate now |
- What am I going to get?
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Death Benefit:
- Payment of Life Cover (Sum Assured) to the family (nominee) in the event of death of the policyholder, during the policy term.
Tax Benefit:
- Tax benefits under Section 80C of Income Tax Act, 1961. Tax laws are subject to change
Other Benefits:
Preferred rates of premium for policy holders with life cover of at least Rs 10 lakh and to the Aviva Pension Plus policyholders .
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