The services and policies given by Aviva are excellent, and would definitely recommend everyone to buy a policy with them!
Mr. Dinesh Nair
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 your loved ones. The best savings plans in India offer an 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 saving investment plan, 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 steady growth, and have multiple policy term options. ..Read More
Bring you the safety of savings and investment with the promise of tax benefits
With our wide range of savings schemes, we have your future covered.
Awarded Best Brand 2019 & Most Trusted Brand 2018 & 2019
(TRA brand Trust Report, 2019 & Economic Times)
Reap the benefits of 2X guarantee with double the premiums paid over the policy term
Save for a better tomorrow with tax exempted savings and draw benefits on premiums paid
Understanding the basics and features of savings plans
You can fulfil this New Year's resolutions with these five financial vows!
ULIP combines the benefits of an insurance policy with a market-linked investment.
"How to save money?" is a question that can haunt you throughout your life.
A savings plan is an essential life insurance product that helps you build a sustainable financial corpus to secure the future of your loved ones. You can choose to invest in various saving investment plans for your different financial needs, such as buying a house, your child's higher education, or your early retirement.
Savings plans as life insurance product help you secure your family's financial future even when you are not around by planning systematic regular investments in the money market. The payouts and coverage your family receives in case of your untimely demise help them take off their financial needs and wants.
The following points will help you select the best suited Savings Plans for your specific goals.
Broadly, there are 3 types of savings plans that you can buy, based on your financial goals and future requirements:
The following savings plans are currently available in India:
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.
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:
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.
Both single- and multiple-premium ULIPs are tax saving schemes. You get tax benefits as per existing tax laws which are subject to change.
Everybody, Savings plans help you with the following.
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.
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.
The best savings scheme plan options differ from person to person. As savings investment plans are versatile, you buy the ones that suit your investment appetite as well as financial goals, you can consider investing in ULIPs. While choosing the best savings plan suitable to you, make sure you consider your financial goals, amount you can invest, tenure of the plan, as well as plans that ensure investments with high returns.
A protection and savings plan is specifically made for those who wish to have the benefits of regular payouts along with extending financial security to your loved ones whenever you are not around.
Investing in these plans help you ensure your family's financial security in case of your untimely demise, while the regular payouts through these plans enable you fulfill your life's other goals such as buying a car, travelling the world, starting or expanding your business, your child's education, or your retirement.
The best monthly savings investment plans depend on the financial goals you want to achieve as well as the amount you can invest for a certain period.
Unit Linked Insurance Plans (ULIPs) are among the most prudent and popular monthly investment plans as these plans offer benefits of investment and life insurance.
ULIPs may offer a higher return on investment against lower premium costs. Moreover, these plans are flexible; you can switch funds easily to make the most of your investment.
ULIPs are highly liquid. Once the completion of the 5-year lock-in period, you can withdraw money from your fund without any cost, in case of an emergency.
The definition of "safe investment" can be different for different people. It all depends on how much amount you can easily invest for a certain time period. It also depends on how well you manage your investment risk by diversifying your investment portfolio.
Below we have listed some examples of safe investment plans that provide higher returns.