Aviva ULIP Plans

2. Aviva Live Smart Plan:

This is a non-participating Unit Linked endowment plan that intends to help you invest as per your risk-taking style. It has a high life cover for the protection of your family in case of your absence:

1. This ULIP provides its holders to switch between 7 funds .
2. You have the convenience of choosing term periods of 15, 20, 25 and 30 years.
3. You can also use your money in case of emergencies by partial withdrawals
4. as well as systematic partial withdrawals

3. Aviva i-Growth:

In this ULIP, The total effect of charges on your policy could be as low as 1% (excluding mortality).

1. You have the option to switch between 3 funds, based on your risk taking style and abilities.
2. You can make partial withdrawals after 5 years of staying in the policy.
3. You have access to dedicated customer service support through live chat and dedicated toll free number.

4. Aviva Young Scholar Advantage:

This is a non-participating unit-linked regular premium payment plan that has been specially designed keeping in mind your specific needs as a parent.

1. You get Guaranteed loyalty additions to enhance your fund value.
2. You can use Systematic Transfer Plan and Automatic Asset Allocation mechanism to protect the investments that you make against market volatility.
3. There is no requirement to pay future premiums, in the case of death of a parent.

GST of 18% is applicable on life insurance effective from the 1st of July, 2017