Aviva Life - I-Life
About The Plan
In today’s fast-paced life, rarely do we stop and take stock of the life cover we provide for our families in case something unfortunate was to happen to us. To ensure your families are secure and lead a comfortable life, in case you are not around, we bring you Aviva i-Life - a pure life insurance cover for your loved ones at a nominal cost.
To offer you convenience at your fingertips, you can buy this term plan online to save the time and effort that would have been otherwise required.
Min. Sum Assured Rs. 25 lacs, Max. No Limit (subject to underwriting).
Entry Age: Min. 18 years, Max. 55 years.
Maximum maturity age 70 years.
Premium payment frequency-yearly and half-yearly.
Option to choose policy term from 10 to 35 years.
An additional rebate for female lives of 5% on the tabular premium rates for male lives.
Tax benefit u/s 80C & 10(10D) of the Income Tax Act, 1961.
- Minimum sum assured is 25 lakhs & maximum sum assured is No Limit (subject to underwriting)
- Minimum entry age is 18 years & maximum entry age is 55 years
- Minimum policy term is 10 years & maximum policy term is 35 years
- Premium payment mode is Half-yearly, Yearly
- Maturity benefits are Nil
- Grace period is 30 days
- Yes, under Section 80C & 10(10D) of the Income Tax Act, 1961
Note:- Taxes as applicable from time to time are payable on the premium, minimum premium is Rs. 25 Lacs Minumum age is 18 years and maximum age is 55 years.