Aviva New Sachin Century Plan
FAQ
- Why should I buy Aviva New Sachin Century Plan?
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Aviva New Sachin Century Plan provides you with the opportunity to grow your investment along with the life cover. The plan is issued based on a simple declaration of good health by you, without having to undergo any medical examination.
The plan also provides other benefits like partial withdrawals, and guaranteed loyalty additions during the term and maturity addition on maturity. Refer to the policy brochure for further details
- What percentage of fund value is given as loyalty addition?
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The amount of loyalty additions and maturity addition depends on the policy term. It is paid as a percentage of your first year premium, if all the due premiums are paid.
For a 10 year policy term it is 80% on maturity .
For a 15 year policy term it is 20% at the end of 10th year and 100% on maturity
For 20 year policy term it is 20% at the end of 10th and 15th year and 100% on maturity
- What is the range of fund options under the policy?
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Policy offers 6 fund options ranging from Bond Fund-II which invests 100% into Debt and Money Market to Index Fund-II which invests 80-100% into equities. You can select appropriate fund or a combination of funds depending on your risk appetite.
- Disclaimer
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The above material is provided for general information only and does not constitute legal or other professional advice. This information is current at the date of publication but may be subject to change without notice and accordingly, may not be up to date at the time of viewing. Information specific to a product may be obtained from the Company.