Aviva i-life insurance plan is a comprehensive life insurance policy and it offers a wide range of benefits and features. Here are the main features of the aviva i-life term plan brochure, summarized in points and headings:
Main Features of Aviva i-life
Minimum Entry age | 18 years (completed) |
Maximum entry age | 55 year (nearest) |
Maximum maturity age | 70 years (nearest) |
Minimum policy term | 10 years |
Maximum policy term | 35 years |
Minimum sum assured | 25,00,000 (25 lakhs) |
Maximum sum assured | no limit |
the amount can be paid Yearly or Half-yearly |
Good Points of aviva i-life term plan brochure
- No limit for the maximum Sum Insured limit
- You can pay your amount either cash or online through net banking/credit card/debit card/Paytm/Google Pay
- Death Benefit: In the event of the accidental death of the life assured during the policy term, the Sum Assured will be paid to the nominee
- Tax Benefit: You can get tax benefits under section 80C.
Bad Points of aviva i-life term plan brochure
- It’s more costly in comparison to other private players in the same segment.
Annual Premium For Healthy Male, Age 30 Years, Sum Insured 25,00,000 (25 Lakhs)
Company | Amount(rupees) |
ICICI Pru iCare II | 9470 |
LIC e-Term | 8202 |
Bajaj Alliance iSecure | 7623 |
SBI Life e-Shield | 7220 |
HDFC Life click2Protect | 6741 |
Max Life Online Term Plan | 4775 |
Aviva i-life | 4635 |
Aegon Religare iTerm | 4607 |
Reliance Online Term | 4029 |
- This proposal for your own life will be only considered. If you want to buy a policy for your wife or any other family member. You Need to Buy Separately for them.
- Not available for NRIs.
Things You Must Have to Buy This Plan
- You need to undergo a health check-up During buying plan in India.
- Bank Account Details and MICR code
- Details of medical history (if any)
- Details of family members
- Details of your all existing insurance (if any, both Private or Aviva i-life )
- PAN Number
- Form 16 or ITR of the last three years
If you have all the above information/documents then log in Aviva i-life Website and buy this plan. Medical tests are necessary for this online term insurance plan.
If you have any problem during the process of buying aviva i-life term plan brochure, then you can email contact support team of Aviva i-life.
Things to Take Care
- No accidental benefit for the rider.
- Maximum age is 70 Yrs.
Conclusions
It’s biggest Company of Aviva i-life for launching an online term insurance. But the pricing of the e-term is on higher side in comparison with other private company in the same segment. For non-smoker customers there is not much High Price in premium, it’s almost same as offline Term Plan of Aviva i-life term plan brochure. There is also no option rider available with the e-Term Plan. So this plan is only for customers who are looking for low price term plan with govt security and good claim settlement ratio. We would still suggested our readers to compare all the online insurance term plan and buy the one most work for you.