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Aviva i Growth


Aviva i-Growth is an Individual Unit Linked, Non-Participating  Life Insurance Plan 

In today’s fast paced environment it is challenging to save some part of your income and make it work harder. It is imperative that whatever we save reaps us greater benefits. This is essential to ensure a secure future for ourselves as well as our family. At Aviva, we recognise this need and have launched a Unit Linked Insurance Plan - Aviva i-Growth. Aviva i Growth not only makes your money work harder but also provides comprehensive protection for you and your family.

5 reasons you should invest in Aviva i Growth

Minimal Charge Structure

  • The total effect of charges on your policy could be as low as 1% (excluding mortality)

Flexibility to maximise your returns 

  • Option to choose and switch between 3 funds , as per your risk taking appetite

Flexibility in Payout

  • Option to chose between 3 policy terms (10,15 & 20years), aligning to your financial goals
  • Flexibility to meet unexpected expenses through partial withdrawals after 5 years

Protection for your Family

  • Option to take Life insurance cover equal to 10 or 20 times of the annual premium, as per your protection need
  • Family gets additional benefit in case of death of Life Insured due to an accident 

Hassle free online purchase 

  • Quick issuance basis self declaration of good health
  • Convenient and quick buying process  
  • Dedicated customer service support through dedicated toll free number



Minimum Entry Age18 years (last birthday)
Maximum Entry Age 50 years (last birthday)
Maximum Maturity Age60 years (last birthday)
Policy Term 10, 15 or 20 Years (subject to maximum maturity age) 
Premium Payment TermSame as Policy Term
Minimum/Maximum Annualized Premium
Entry AgeMinimum Annualized PremiumMaximum Annualized Premium if 10 times Cover is opted forMaximum Annualized Premium if 20 times Cover is opted for
18-40 years (last birthday)

For Policy Term = 10 years- Rs. 66,000

For Policy Term = 15 years- Rs. 60,000

For Policy Term = 20 years- Rs. 48,000 

Rs. 500,000Rs. 250,000
41-50 years (last birthday)

For Policy Term = 10 years- Rs. 66,000

For Policy Term = 15 years- Rs. 60,000

For Policy Term = 20 years- Rs. 48,000 

Rs. 300,000Rs. 150,000
Sum Assured


Minimum Sum Assured

Policy Term

(in years)

Minimum Sum Assured
10Rs. 6,60,000
15Rs. 6,00,000
20Rs. 4,80,000


Maximum Sum Assured

Entry Age

Maximum Sum Assured

(Subject to Company’s Board Approved Underwriting Policy

18-40 years last birthdayRs. 50,00,000
41-50 years last birthdayRs. 30,00,000
Lock-in Period
A period of 5 Years from the date of commencement of the Policy.         
No withdrawals, part or full, is allowed during this period.

Benefits That I Will Receive

Death Benefits:

In case of unfortunate death of the life insured the nominee will receive either the Sum Assured or 105% of the total premiums paid or the Fund Value at the date of notification of death along with Loyalty additions, if any, whichever of these is higher.

In case of accidental death of the Life Insured an amount equal to base sum assured of the policy in addition to death benefit mentioned above is payable, subject to maximum of Rs. 50 Lacs including all policies covering accidental death benefit.

Accident here means a sudden, unforeseen and involuntary event caused by external, visible and violent means.

In the event of death of Life Insured after discontinuance of a policy within lock-in period of first five policy years, the policy will be terminated by paying the Fund  value as per the discontinued policy fund  to the nominee. .

Maturity Benefit:

On survival of the Life Insured till the maturity date, you will receive the Fund Value along with Loyalty additions.

Loyalty Addition: Loyalty addition (as per table below) will be added to the fund value on the last 3 policy anniversaries of your policy, if all premiums are paid till date of respective Loyalty Addition. 

Policy Term (in years)Added at Policy AnniversaryLoyalty Additions (added as % of Fund Value)
108th, 9th, 10th1.25%
1513th, 14th, 15th2.70%
2018th, 19th, 20th3.00%

These Loyalty additions are added to the units in the various fund(s) in the proportion same as that of the defined regular premium distribution.

Option to reduce Sum Assured:

  • - This option allows you to reduce your Sum Assured after 3 policy years, in case your need for protection decreases because of age or reduction in your liabilities. This facility is available if you have opted for life cover of 20 times the Annual Premium at inception of the policy.
  • - The Sum Assured can be reduced to 10 times the Annual Premium on any policy anniversary by giving a written notice at least 15 days before the policy anniversary. 
  • - The premium will not change if this option is exercised. 
  • - The Sum Assured once reduced cannot be increased again.
  • - The mortality charges would be deducted based on the reduced sum assured

For detailed Product benefits and features please refer to product key feature document

Easy Steps to Plan

All you need to do is follow these simple steps:

  • Choose the amount of level of life insurance cover and premium amount as per your protection need
  • Decide your policy term as per your investment objective
  • Invest your premium in the choice of three investment fund options