Financial security is a key concern for every individual, and Life Insurance plays a crucial role in ensuring a stable future. However, traditional insurance solutions no longer meet the diverse and evolving needs of modern customers. Today, people seek flexibility, personalised coverage, and comprehensive protection that aligns with their life goals. Recognising this, Aviva India has developed customer-centric solutions that offer security and adapt to changing market demands, making insurance more relevant than ever.
The insurance industry has evolved from basic lump-sum payouts to more comprehensive coverage that includes disability protection, critical illness benefits, and financial planning. Aviva India has adapted to this shift by offering Term Insurance and Investment-linked Policies that provide well-rounded assurance. These plans ensure financial security for policyholders and their families while also supporting long-term wealth creation.
Coverage with Aviva Signature 3D Term Plan – Platinum
This plan is designed to go beyond conventional Term Insurance by offering protection against Death, Disability, and Disease. This all-in-one solution ensures financial preparedness for life’s uncertainties, helping policyholders with customisable benefits and enhanced flexibility.
Key Features of Aviva Signature 3D Term Plan – Platinum:
- Multiple Coverage Options: Choose from Pure Term, Family Plus, Accelerated, and TROP options based on individual requirements.
- Waiver of Premiums: In case of a critical or terminal illness, policyholders no longer need to worry about paying premiums.
- Special Premium Rates: Women and non-tobacco users enjoy exclusive benefits, making Life Insurance more affordable.
- Return of Premium Option: Get back the premiums paid upon policy maturity.
- Preventive Wellness Package: Encourages healthy living through AI-driven nutrition plans, smart devices, and regular health monitoring.
- Flexible Premium Payment Modes: Choose between single, yearly, half-yearly, quarterly, or monthly payments based on your convenience.
- Tax Benefits: Premiums paid for the policy qualify for tax deductions under Section 80C of the Income Tax Act, helping you save on taxes while securing your future.
These features emphasise the brand’s dedication to ensuring both financial protection and proactive wellness for its policyholders.
Financial Security with Aviva’s SIPP (Self-Invested Personal Pension)
For those looking to build a secure financial future, Aviva SIPP (Self-Invested Personal Pension) offers a flexible and tax-efficient way to save for retirement. This self-managed pension plan lets you control how much and when you invest, making it ideal for self-employed individuals or those looking to supplement their workplace pension.
Key Benefits of Aviva SIPP:
- Flexible Contributions: Start with just Rs. 25 a month or a lump sum of Rs. 5,000 and adjust your payments anytime.
- Tax Relief Benefits: The government adds 20% tax relief to your contributions.
- Tax-Free Growth: Pensions grow free from Indian income tax and capital gains tax, maximising savings.
- Withdraw 25% Tax-Free: From age 55 (57 from 2028), you can take out 25% of your pension pot tax-free.
- Annual Allowance of Rs. 60,000: You can contribute up to Rs. 60,000 per year, including employer contributions and tax relief.
With potential tax savings of up to Rs. 2.5 Lakh under Section 80C, Aviva SIPP helps you save for retirement while optimising your tax benefits. This plan can secure your financial future with greater flexibility and control.
Insurance for Different Life Stages
Understanding that financial needs evolve, the brand has structured its offerings to provide the right coverage at every stage of life.
1. Young Professionals – Building a Secure Foundation
For individuals starting their careers, investing early in Term Insurance ensures cost-effective protection with lower premiums and lifelong security.
2. Families – Securing Loved Ones’ Futures
For those with dependents, Guaranteed Savings Plans and Participating Plans offer both security and financial growth, ensuring their family’s well-being.
3. Pre-Retirees – Planning for a Stress-Free Retirement
With retirement on the horizon, Retirement Plans such as Aviva Annuity Plus provide financial stability and a comfortable post-retirement life.
Empowering Businesses with Group Insurance Solutions
The company extends its customer-first philosophy to organisations by offering Group Term Insurance Plans. These policies, such as Aviva New Corporate Life and Aviva Group Gratuity Advantage, help businesses provide financial security to their employees while enhancing employee benefits.
Rural and Credit Protection for Financial Inclusion
True to its mission of inclusivity, the brand offers specialised plans such as Aviva Credit Suraksha and Aviva Group Life Protect to cater to rural and underserved communities, making Life Insurance accessible to a broader audience.
The Role of Riders in Enhancing Life Insurance Coverage
While a standard Life Insurance policy provides essential protection, adding riders can significantly enhance its value, ensuring comprehensive coverage for specific needs. The brand offers a variety of riders that allow policyholders to customise their plans, making their Term Insurance policies even more effective.
For instance, Amit, a 35-year-old IT professional, secured his family’s future with a Term Insurance plan and added a Critical Illness Rider and Waiver of Premium Rider. When diagnosed with a severe heart condition, he received a lump-sum payout from the Critical Illness Rider, covering medical expenses and daily needs. The Waiver of Premium Rider ensured his policy remained active without further payments. This customisation provided both immediate financial relief and long-term security for his family.
Therefore, financial security should never be left to chance. Aviva India’s approach to Life Insurance ensures that individuals and families have the protection they need to face life’s uncertainties with confidence. Whether you’re looking for Term Insurance, retirement solutions, or investment-linked plans, the brand offers the flexibility and reliability you need.
Choosing Aviva means investing in a secure future where peace of mind is guaranteed. Take control of your financial well-being today!
*Standard T&C Apply
**Tax benefits are subject to change in prevalent tax laws.
***Disclaimer: The content on this page is generic and shared only for informational and explanatory purposes. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making any related decisions.
****Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale.
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