Aviva Wealth Builder
We all have aspirations and milestones that we hope to achieve in our life. Be it commitments such as a child’s education/marriage, or dreams of purchasing a house, or retiring comfortably. We plan for the time when these events are likely to happen, but don’t always plan for having enough to fulfil them as per our dreams. At Aviva we recognise this and have specially designed Aviva Wealth Builder plan to help you achieve these dreams to the fullest. This life insurance plan guarantees double the amount of total premium that you pay, at maturity. That’s not all, Aviva Wealth Builder also ensures that your family is well protected, in case you are not around. So, go ahead and fulfil your dreams. Key attractions of the plan are:
•Doubles your money for defined milestones
•Guaranteed protection for your family in case of your death
•Flexibility in choosing premium payment and policy terms
•Tax Benefits at the time of investment as well as maturity, for regular premium policies
|Entry Age(last birthday)||Minimum: 5 years
Maximum: 50 years
|Maturity Age (last birthday)||Minimum: 18 years
Maximum: 63 years (Single Premium); 67 years (Regular Premium)
|Policy Term & Premium Payment Term (in years)||
|Minimum Premium||Regular Premium: Rs.50,000 p.a. + applicable taxes
Single Premium: Rs.1,50,000 + applicable taxes
|Maximum Premium (per Life)||Rs.1,00,00,000|
|Maximum/ Minimum Sum Assured||
|Premium Paying Frequency||Single or Annual|
1.“*Annualized/Single Premium” shall be the premium amount payable in a year chosen by the policyholder, excluding the taxes, rider premiums, underwriting extra premiums and loadings for modal premiums, if any.
2.*Single pemium excludes underwriting extra premium and taxes, if any.
3.Taxes including but not limited to Goods & Services Tax, Cesses as applicable shall also be levied as notified by the Government from time to time. Tax laws are subject to change.
Benefits That I Will Receive