Aviva Life Insurance

    IndusInd Bank offers customized insurance solutions which offer comprehensive product portfolio meeting all customer life cycle needs of Child planning, Savings, Retirement Planning and Protection in association with Aviva Life Insurance. Aviva Life Insurance India is a joint venture between one of the country’s oldest and largest groups, Dabur, and Aviva plc, the world's fifth largest and the UK's largest insurance group, whose association with India dates back to 1834.

Features & Benefits

    • With a strong sales force of over 30,000 Financial Planning Advisers (FPAs), Aviva  has initiated and pioneered many innovative sales approaches, including the concept of Bancassurance and Financial Health Check services.
    • A seasoned team of fund managers make our fund management are one of the key differentiators with Aviva. Keeping with Aviva’s commitment of social responsibility, Aviva has been successful in reaching out to the underprivileged strata through their Microinsurance initiatives.
    • Aviva brings to you, not just a robust product portfolio meeting all your lifecycle needs related to – Savings, Retirement, Investments and Protection but right investment strategies that will help you plan for a secured future.

    Disclaimer: Insurance is the subject matter of the solicitation.

    IndusInd Bank Bank Ltd (License No. 1749817) is the Corporate Agent of Aviva Life Insurance Company India Limited (Regn.No.122). The Insurance products are offered and underwritten by Aviva Life Insurance Company India Limited. The contract of insurance is between the insurer and the insured and not between the bank and the insured. For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale. Unit Linked Life Insurance products are different from traditional insurance products and are subject to risk factors. The premium paid in Unit Linked life insurance policies are subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of the fund and factors influencing the capital market. Unit Linked Funds are subject to market risks and there is no assurance or guarantee that the objective of the investment fund will be achieved.

    Aviva Life Insurance Company India Limited is only the name of the insurance company and Aviva Sachin extra Cover Advantage(UIN No.122L087V01), Aviva Freedom Life Advantage (UIN No-122L083V01), Aviva Life Bond Advantage (UIN No-122L086V01), Aviva Young Scholar Advantage (UIN No-122L085V01), Aviva LifeSaver Advantage (UIN No-122L082V01) Plans are only the name of the unit linked life insurance contract and does not in any way indicate the quality of the contract, its future prospects or returns. The various funds offered and fund management options under this contract are the names of the funds and options and do not in any way indicate the quality of these plans, their future prospects and returns. Please know the associated risks and the applicable charges, from your sales representative or the intermediary or policy document or the insurer. Riders are not mandatory and are available for a nominal extra cost.

    Tax Benefits are as per the prevailing tax laws which are subject to change.IN UNIT-LINKED POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER.

Types

    • Child Plans: A comprehensive plan to help realize your child’s dreams.
    • Savings: A simple plan to take care of 100% of your protection and saving needs.
    • Retirement Plans: A plan that ensures that you don't wait till 60 to follow your heart.
    • Protection Plan: A pure risk coverage plan that provides Financial protection against unforeseen risks

    Child Plans
     
    Aviva Young Scholar
    Aviva Young Scholar is a comprehensive plan that enables you to secure your child’s future in any eventuality through:
    • Attractive returns, enhanced by bonus units every 5 years to build the desired corpus of funds on maturity of the policy.
    • All future premiums being waived off and invested as a lump sum amount in to the funds, so the policy continues even in the unfortunate event of the parent’s death, disability or on contracting a critical illness, while the Sum Assured is paid out immediately.
    • Provision of a regular income for the minor child, in the event of parent’s death.

    Savings Plans

    Save Guard is a predominantly savings plan with low risk cover that does not require a medical examination
    • Life Cover (Sum Assured) is 5 times annual premium, subject to a max of Rs 18 Lacs
    • Minimal documentation
    • Guaranteed loyalty addition during the term and on maturity

    Life Saver Plus is a flexible long term savings plan that offers the option to increase or reduce premium or sum assured after 3 yrs, with the benefit of increasing protection through :
    • Increasing level of protection:
    • Life Cover (Sum Assured) plus Fund Value as death benefit
    • Flexible Life Cover 5*APE to 1.5*PT*APE
    • Long-term savings in line with changing needs
    • Increase / decrease premium and /or Life Cover after 3 years
    • Fund options - Growth, Balanced, Protector & Secure, STP option available

    Aviva Sachin Century Plan offers a high level of protection with ease of saving through :
    • Ease of saving
    • Minimum premium of Rs 6,000
    • Partial withdrawals allowed after 3 years
    • Premium holiday (upto 2 years) after 3 years
    • 3% guarantee on Secure Fund
    • Policy issued basis 5 questions Declaration of Good Health (DGH)
    • High level of protection
      • Sum Assured plus Fund Value as death benefit
      • Accidental Death Benefit (ADB) rider for additional protection

    Freedom Life Plan allows you to choose the proportion of savings and protection and change it, in line with your changing needs, with the option to pay premiums for as few as 3 years, through:
    • Option to reduce premium and increase / decrease Life Cover (Sum Assured)
    • Range of cover from 5*AP to 1.25*PT*AP
    • Select from three riders – Accidental Death and Dismemberment Rider (AD&D) , Critical Illness and Permanent Total Disability Rider (CI&PTD) , Hospital Cash Benefit Rider (HCB)
    • Indexation to protect savings & protection against inflation
    • Limited premium paying term(PPT) including 3 & 5 years, with an option  to increase the PPT (if PPT>=10)
    • 5 fund options (Growth, Balanced, Enhancer, Protector, Bond), AAA & STP
    • 100% allocation from sixth year

    Aviva Dhan Vriddhi is a money back plan that provides you a guaranteed amount of money at regular intervals and protection through the Life Cover (Sum Assured), in the event of death
    • Traditional Money Back with a guarantee of 7% of Life Cover till maturity
    • Discount on premium at the rate of 1.2% of Life Cover if it is more than Rs 5 lakhs
    • Fixed return on regular interval (can opt for odd term options as well like 13 yrs / 19 yrs/ 23 yrs etc.) as per need / milestones
    • Good option to balance with equity investments

    Retirement Plans:
      
    Pension Plus is a market leading pension plan that helps you accumulate and grow your investments, to fund your post-retirement years through: 

    • Attractive returns (one of the best in the industry, enhanced by loyalty additions for all regular premium polices, with policy term of at least 20 years)
    • Option of Indexation and Additional Regular Premium to beat inflation as well as align the retirement corpus with the desired lifestyle post-retirement

    Aviva Pension Elite is a complete retirement solution, which helps you build a corpus to provide you with regular income even when you stop earning, through 

    • Attractive returns, enhanced by loyalty additions on maturity.
    • Flexibility to change the policy term, once during the policy term.
    • Option of increasing the regular premium amount by a fixed indexation rate, to safeguard the real value of your investments from inflation
    • Life cover as a death benefit

    Protection Plans:
      
    Aviva LifeShield plus
    provides comprehensive protection for your family at a nominal cost through:
    • Payment of Life Cover (Sum Assured) to your family in the event of your death, with a provision of double the Life Cover in the case of an accidental death.
    • Immediate payment of the Life Cover in the case of critical illness or permanent total disability, while life cover continues till the policy term
    • Most competitive rates


IndusNet

Online banking application for personal banking users

Register Now View Demo

 

Credit Cards Online

Credit Cards Online application for personal banking users

 

Vehicle Loan Repayment Online

Pay Vehicle Loan Online

 

Other Online Services


About Us |  Media Room |  Feedback  |  Careers |  Terms and Conditions | Privacy Policy
Banking for Individuals  |  Banking for NRIs  |  Banking for Business Owners  |   Banking for Corporates & Institutions   |   Online Banking

IBL Registration Number NSE: INE231308847
MCX Stock Exchange Limited: INE261314434 for dealing in currency derivatives segment