Page 42 - Insurance Times April 2019

Life Insurance Plan

Aviva Dhan

Samruddhi

from Aviva Life Insurance Co. Ltd.

Overview
Rs. 3,302 for Half-Yearly
Aviva Dhan Samruddhi is a traditional life insurance plan Rs. 1,675 for Quarterly mode
that gives guaranteed cash back every 5 years in addition
to guaranteed maturity benefit, to meet your short and Rs. 563 for Monthly mode
long term needs. Maximum Rs. 47.53 lacs
Y Guaranteed returns: Your policy earns a Guaranteed Premium
Addition of 7% per annum to 9% per annum of the An- Premium Annual, Half Yearly, Quarterly & Monthly
nualized Premium (excluding taxes and any other ex- Payment For monthly mode, only ECS/ Direct
tra premium), depending upon the policy term chosen Frequency Debit are allowed
by you,till the end of the policy term which is payable High Sum High Sum Assured rebate is applicable
at maturity. Assured Rebate for Sum Assured of 5 Lacs and above.

Y Liquidity: Your policy pays back 125% of the Annual-
ized Premium (excluding taxes and any other extra pre- Taxes including but not limited to Goods & Services Tax,
mium) as Survival Benefit every 5 years (except at Cesses as applicable shall also be levied as notified by the
maturity) Government from time to time. Tax laws are subject to
change.
Y Guaranteed Maturity Benefit: At maturity, you get the
Sum Assured plus accrued Guaranteed Additions mi-
nus Survival Benefits already paid. Benefits
Y Rebate for high Sum Assured: Rebate on basic premium o Death Benefit: In the unfortunate event of death of the
is allowed if your Sum Assured is Rs. 5 Lacs or higher. Life Insured within the Policy Term, the following pay-
ment would be made to the Nominee, provided all due
Specifications premiums till date of death have been paid:
The amount payable on death shall be highest of the
Entry Age Minimum: 13 years last birthday following amounts:
Maximum: 55 years last birthday a) 10 times of annualized premium (excluding taxes
Maturity Age 23 to 70 years and extra premiums, if any), or
Policy Term 10, 15 or 20 years, subject to maximum b) 105% of all the premiums paid (excluding taxes and
maturity age extra premiums, if any) as on date of death or
Premium 10 years for all the Policy Terms c) sum assured of the policy
Payment Term plus the Guaranteed Additions accrued till the date of
Sum Assured Minimum: Rs. 100,000; death without deduction of any survival benefits al-
Maximum: Rs. 5 crore ready paid.
Minimum Depends upon Age, Policy Term and
Premium Sum Assured Y Guaranteed Additions: You will be eligible for Guaran-
Rs. 6,464 for Yearly mode teed Additions at the end of each year depending on

42 The Insurance Times, April 2019