Savings Plans
Be prepared for life's uncertainties, with savings that you make today
Savings plans are life insurance policies that prepare you to meet unexpected future events, whether they concern you or a loved one. The best savings plans in India offer a high amount of coverage whether you wish to pay for a medical emergency or a happy event like sending your child to a foreign university. By dint of systematic savings and investment, you can create a large corpus for future use. There are different savings schemes that account for varying goals, terms and expectations. We offer a wide range of savings plans that provide you with a regular income, promise high and steady growth, and have multiple policy term options.
Our Savings Plans
Bring you the safety of savings and investment with the promise of tax benefits
Key Benefits
- Chose investment horizon of 15 -30 years along with life cover
- Choose from 7 funds as per risk appetite
- Tax deduction on premiums paid and tax exemption under 80(C), 10 (10D)
Online ULIP that optimizes your return on investment
Aviva i-Growth
Key Benefits
- Chose saving horizon for 10/15/20 years along with life cover
- Choose investment fund as per the degree of risk
- Tax deduction on premiums paid and tax exemption under 80(C), 10 (10D)
Guaranteed income plan offering payouts for 11 years
Aviva Guaranteed Income Plan
Key Benefits
- Annual Payouts from the 15th to the 25th year with lump sum along with the last payout
- Life cover of 20 times the annual premium
- Tax deduction on premiums paid and tax exemption under 80(C), 10 (10D)
Guaranteed income plan that offers payout for 12 years
Aviva New Family Income Builder
Key Benefits
- Guaranteed Income for self or family for 12 years
- Pay for 12 years and get double of the premiums paid over the next 12 years
- Tax deduction on premiums paid and tax exemption under 80(C), 10 (10D)
A plan that guarantees monthly income
Aviva Income Suraksha
Key Benefits
- Guaranteed monthly income for 10/12 years
- Flexibility to align income as per life stage needs
- Tax benefits as per applicable tax laws
Savings plan with guaranteed additions of up to 9% p.a.
Aviva Dhan Samruddhi
Key Benefits
- Guaranteed money back after every 5 years and life cover
- Save for a limited period with three policy term options
- Tax deduction on premiums paid and tax exemption under 80(C), 10 (10D)
Easy to buy savings plan offering guaranteed returns
POS - Aviva Dhan Suraksha
Key Benefits
- Convenient purchase process without medicals
- Life cover of 14.5 times the annual premium
- Tax deduction on premiums paid and tax exemption under 80(C), 10 (10D)
Savings plan that guaranteed* payout at maturity^
Aviva New Wealth Builder
Key Benefits
- Option to choose from multiple premium payment frequencies
- The entry age limit for investment extended to 60 years
- Enjoy higher maturity payout on survival for higher premiums
Unit linked plan to optimize your return
Aviva Affluence
Key Benefit
- Chose investment horizon of 15 -30 years along with life cover
- Choose from 7 funds as per risk appetite
- Tax deduction on premiums paid and tax exemption under 80(C), 10 (10D)
Online ULIP that optimizes your return on investment
Aviva i-Growth
Key Benefit
- Chose saving horizon for 10/15/20 years along with life cover
- Choose investment fund as per the degree of risk
- Tax deduction on premiums paid and tax exemption under 80(C), 10 (10D)
Guaranteed income plan offering payouts for 11 years
Aviva Guaranteed Income Plan
Key Benefit
- Annual Payouts from the 15th to the 25th year with lump sum along with the last payout
- Life cover of 20 times the annual premium
- Tax deduction on premiums paid and tax exemption under 80(C), 10 (10D)
Guaranteed income plan that offers payout for 12 years
Aviva New Family Income Builder
Key Benefit
- Guaranteed Income for self or family for 12 years
- Pay for 12 years and get double of the premiums paid over the next 12 years
- Tax deduction on premiums paid and tax exemption under 80(C), 10 (10D)
A plan that guarantees monthly income
Aviva Income Suraksha
Key Benefit
- Guaranteed monthly income for 10/12 years
- Flexibility to align income as per life stage needs
- Tax benefits as per applicable tax laws
Savings plan with guaranteed additions of up to 9% p.a.
Aviva Dhan Samruddhi
Key Benefit
- Guaranteed money back after every 5 years and life cover
- Save for a limited period with three policy term options
- Tax deduction on premiums paid and tax exemption under 80(C), 10 (10D)
Easy to buy savings plan offering guaranteed returns
POS - Aviva Dhan Suraksha
Key Benefit
- Convenient purchase process without medicals
- Life cover of 14.5 times the annual premium
- Tax deduction on premiums paid and tax exemption under 80(C), 10 (10D)
Savings plan that guaranteed* payout at maturity^
Aviva New Wealth Builder
Key Benefit
- Option to choose from multiple premium payment frequencies
- The entry age limit for investment extended to 60 years
- Enjoy higher maturity payout on survival for higher premiums
Why Aviva Savings and Investment Plans
With our wide range of savings schemes, we have your future covered.
-
Most Trusted Brand
Awarded Best Brand 2019 & Most Trusted Brand 2018 & 2019
(TRA brand Trust Report, 2019 & Economic Times) -
2X Guaranteed Returns
Reap the benefits of 2X guarantee with double the premiums paid over the policy term
-
Tax Benefits
Save for a better tomorrow with tax exempted savings and draw benefits on premiums paid
Straight from our customers
Straight from our customers
"The services and policies given by Aviva are excellent, and would definitely recommend everyone to buy a policy with them!"

"I feel proud about my decision to be associated with Aviva to secure my family. I am happily enjoying my life because I know there is someone to take care of my family. Good going guys! Keep it up with such good plans and services."

"I wish to extend my wishes to the Aviva Family for winning one of the Most Trusted Brands award, which builds my trust even more on the Term Plan I have with you guys. I am very happy with the services!"

The Why, What & How of Savings Plans
Understanding the basics and features of savings plans
Take these 5 Financial Vows today!
You can fulfil this New Year's resolutions with these five financial vows!
What are Unit Linked Insurance Plans?
ULIP combines the benefits of an insurance policy with a market-linked investment.
Financial planning in your 30s
"How to save money?" is a question that can haunt you throughout your life.
Frequently Asked Questions
What are Savings Plans?
A savings plan is a life insurance policy that helps you safeguard your future goals. It may be a traditional participating plan, or an endowment policy, or a money back plan. Whatever kind of investment plan it is, it generates a growth on your savings and investment. The maturity benefit of this investment plan can help you fund a future emergent need, or plan for your retirement, or change the direction of your professional life. Whatever the end goal, the savings scheme has you covered.
How to choose the best Savings Plans for your needs?
The following points will help you select the best suited Savings Plans for your specific goals.
- A plan that helps you save for your specific need.
- A plan should offer investment options basis your risk appetite i.e. from guaranteed returns to investments in equity markets.
- Offer tax exempt returns and offer tax benefits on premiums paid.
What are the best investment options in Insurance?
Broadly, there are 3 types of savings plans that you can buy, based on your financial goals and future requirements:
- Endowment Plans - This is a savings scheme which offers a lump sum benefit on maturity of the plan term. The premiums may be paid annually or once
- Money Back Plans - These savings plans repay the premiums paid at regular intervals, thus offering high liquidity and regular income
- Unit Linked Insurance Plans (ULIPs) - These are market-linked savings plans in which the investment is divided into debt and equity instruments as per the customer’s risk profile. Thus, giving dual benefits - higher-returns from investing into the equity market and rebalancing the risk with debt investments.
Types of Savings and Investment Plans in India?
The following savings plans are currently available in India:
- Endowment, money back and ULIP plans from private insurance providers
- Government-backed saving schemes like National Savings Certificate, Postal Office Savings Scheme, Kisan Vikas Patra and Public Provident Fund, among many others.
- All saving plans in India get tax benefits as per existing tax laws which are subject to change.
Why you need Savings and Investment Plans?
A large fund of money at your disposal stops many potential financial problems in their tracks. Saving money is the first step towards financial independence – but you need the right instrument, like a savings scheme with a reputed life insurance provider, to see you through whichever challenges life throws your way.
Having a large fund of money at hand dispels financial worry, and makes it possible for you to realise personal and familial milestones. It helps you plan your life better, with timely savings and investments in some of the best savings plans that your money can buy.
How Savings and Investment Plans by Aviva help you?
Aviva savings plans offer you the best combination of affordable premiums, flexible pay-out terms, regular growth and periodic income. Consider the following benefits of investing in Aviva saving schemes:
- Adequate coverage to help plan future goals, save for children's future, structure your retirement, etc.
- Flexible pay-out options and multiple premium payment terms
- Savings plans are designed based on your future goals and expectations. So, you can opt for non-participating and participating plans as per your need
- Savings plans are tax savings schemes as well. You get benefits under Sec 80C against premiums paid for the plan
What is ULIP (Unit Linked Insurance Plan)?
Unit Linked Insurance Plans (ULIPs) - These are market-linked savings plans that provide dual benefits of life cover and investment growth. In these plans, the investment is divided into debt and equity instruments as per the customer’s risk profile. Thus, giving the benefit of higher-returns from investing into the equity market and rebalancing the risk with debt instruments. Though invested in high-risk products, ULIP might provide higher returns to secure your long term goals.
How to Save Tax using Savings Plans?
Both single- and multiple-premium ULIPs are tax saving schemes. You get tax benefits as per existing tax laws which are subject to change.
Who should invest in Savings & Incomes Plans?
Everybody, Savings plans help you with the following.
- Help generate regular income through disciplined long term savings
- Help create corpus to meet specific life goals
How to double your money?
Invest in Aviva Wealth Builder, a savings plan that offers double the premiums paid over the policy term. It is a non-linked, non-participating traditional endowment plan with a guaranteed maturity benefit and also death benefit.
What is the difference between a traditional plan and a ULIP?
Both are savings products which enable an individual to save for specific life goals. A ULIP offers market linked funds which the customer can opt for basis his/her risk profile. A traditional plan generally invests in debt instruments.