SaveGuard is a simplified, Unit Linked endowment plan that is specially designed to help you save for important milestones like your child’s education and marriage, building a house or even creating a retirement fund.

No medical check up: This product can be bought with just a self-declaration of good health.
Choice of three funds: SaveGuard offers three Unit Linked investment fund options of Secure Fund, Growth Fund and Balanced Fund. You can choose any of the funds (or a combination of funds) based on the risk and return mix you would like to opt for.

Comfort Unit Price - Aviva guarantees that on maturity, the value of units in the Secure Fund will not be less than the total number of units in the Secure Fund, as at the end of the policy term, multiplied by their respective Unit Price applicable at the time of allocation, provided you have:

• Paid all premiums due
  
• Not switched to or from the Secure Fund at anytime during the policy term
  

This guarantee is on Secure Fund at maturity only and would exclude:

• Units in respect of Balanced and Growth Funds
  
• Units attributable to top up premiums
  

Flexibility of withdrawal: You can make partial withdrawals from your policy after ten policy years. The sum insured will be reduced by the amount of partial withdrawal.

Tax benefits: The premiums you pay are tax deductible under Section 80C and the maturity benefits are tax free under Section 10(10D) of the Income Tax Act, 1961

For more details and to help you plan your investment and insurance, get in touch with us.

“Unit linked insurance plans are subject to market risks. For more details and exclusions, view HTML or PDF of the Key Features document”