Aviva Term Insurance Benefits

Aviva term insurance is a leading insurance provider in India. Aviva India Life Insurance Company’s aim is to provide fruitful solutions to its customers. The company has designed 4 comprehensive term insurance plans that provide life coverage at an affordable price and also provide financial security to your family members in your absence. Aviva India promises a hassle free purchasing experience for its customers and. Aviva India Life Insurance has won the ‘Most Trusted Brand’ for two consecutive years.

Aviva Term Insurance Benefits

Aviva Life Insurance offers the following benefits with its term insurance plans:

1. Financial Security: Aviva India Life Insurance offers 4 comprehensive term insurance plans that provide life cover and financial security to your family in your absence. In case of your unfortunate demise during the policy term, the insurance company will provide a death benefit amount to your family. Aviva term insurance plans help you ensure financial security of your family even in your absence.

2. Affordable Premiums: Under Aviva life term insurance plan, you can have the highest life cover or death benefit in lieu of a nominal premium. Aviva Life term plans provide comprehensive protection at low premiums. You can choose a term insurance plan that best suits your requirement and fits your budget.

3. Tax Exemptions: Premiums paid towards Aviva Term Insurance are eligible for tax exemptions. Aviva Life term insurance offers tax exemptions under Section 80C and 10(10D) of The Income Tax Act,1961

4. Additional Coverage: Under Aviva Life Term Insurance plans you get the advantage to add riders in your base policy to get additional benefits like Accidental Death and Disability Rider, Critical Illness Rider, etc. You can add these riders at an additional cost at the time of policy issuance.

5. Waiver of Premium Cover: Aviva LifeShield Advantage plan offers Waiver of Premium Cover Benefit. Under this additional benefit, if the life assured suffers permanent total disability due to an accident, all future premiums will get waived off. This benefit will help you ensure your financial security from the uncertainties of life.

6. Multiple Premium Payment Option: Aviva Life term insurance gives you different option frequencies to pay your premiums. You can pay your Aviva Life Term Insurance premium accordingly- Singularly,, annually, half-yearly, quarterly, or monthly.