Aviva Life Insurance, India’s most trusted private life insurance company, has recently announced the launch of the Aviva Signature 3D Term Plan. This non-linked, non-participating individual pure risk life insurance plan is designed to provide customers with comprehensive financial coverage and safeguard them from unforeseen life occurrences such as death, disease, and disability. With its wide range of benefits, the plan ensures coverage that helps customers achieve their life goals and remains protected in the long run from financial uncertainties.
Overview of the Aviva Signature 3D Term Plan
The Aviva Signature 3D Term Plan is a unique offering that stands out in the market. It is a non-linked and non-participating life insurance plan, which means that the policy does not have any investment component or participation in the company’s profits. The focus of this plan is solely on protection and providing comprehensive financial coverage to the policyholders. The primary objective of this plan is to protect individuals and their families from unexpected life events. It offers a range of benefits that ensure policyholders are adequately covered and financially secure. It is a long-term solution that provides peace of mind and financial stability to policyholders and their loved ones. The Aviva Signature 3D Term Plan offers a multitude of benefits to policyholders. These benefits are carefully designed to cater to the various needs and goals of individuals. Some of the key benefits include:
Comprehensive Financial Coverage: The plan provides comprehensive financial coverage against death, disease, and disability. It ensures that policyholders and their families are protected financially in case of any unfortunate event.
Life Goal Achievement: The plan is designed to help policyholders achieve their life goals. It provides the necessary financial support to fulfill long-term aspirations, such as buying a house, funding a child’s education, or planning for retirement.
Protection against Financial Uncertainties: This plan ensures that policyholders are protected from financial uncertainties in the long run. It offers a sense of security and helps individuals and families navigate through unexpected situations with ease.
Plan options and riders
The Aviva Signature 3D Term Plan offers a range of options and riders to cater to the diverse needs of customers. With four plan options and three riders, policyholders have the flexibility to choose their preferred coverage and customize the plan according to their requirements. The plan provides life insurance coverage through lump sum and regular monthly payments, ensuring flexibility and convenience for policyholders. One of the popular options available in the plan is the 3D Family Plus, which extends life insurance coverage through a lump sum payment of 100% of the base sum assured. Additionally, it offers Regular Monthly Payouts (RMP) for 10 years, starting from the 1st monthly anniversary following the demise of the life insured. This option provides an extra layer of protection and financial support to the policyholder’s family during difficult times. In addition to the plan options, the Aviva Signature 3D Term Plan enhances customers’ coverage through three riders – the Aviva Accidental Casualty Non-Linked Rider, the Aviva Cancer Cardio Non-Linked Rider, and the Aviva New Critical Illness Non-Linked Rider. These riders provide additional coverage against specific risks such as accidents, cancer, and critical illnesses. They offer financial support and protection to policyholders and their families in case of any unfortunate events.
Premium Waiver Feature
One notable feature of the Aviva Signature 3D Term Plan is the waiver of premiums. In the event of critical or terminal illness, policyholders can avail themselves of this feature and have their premiums waived. The Aviva New Critical Illness Non-Linked Rider and the 3D-Accelerated plan option enable them to continue receiving the benefits of the plan without the burden of paying premiums. This feature provides considerable financial relief to individuals and ensures that their coverage remains intact during challenging times.
Customization and Personalization
The Aviva Signature 3D Term Plan offers the ability to customize the coverage to suit individual requirements. Policyholders have the power of personalization with an array of options that align with their unique needs and goals. They can choose the desired coverage amount, policy term, payment frequency, and other parameters to create a plan that suits their specific situation. Aviva Life Insurance understands that every individual is different, and this plan ensures that their coverage reflects their personal preferences.
With the launch of the Aviva Signature 3D Term Plan, Aviva Life Insurance has reaffirmed its commitment to standing by its customers during life’s most challenging moments. This comprehensive plan offers a wide range of benefits, ensuring that policyholders receive adequate financial coverage and protection against unforeseen life occurrences. The plan’s flexibility and customization options empower individuals to tailor their coverage to suit their unique requirements. Aviva Life Insurance continues to strive towards providing innovative and customer-centric solutions, cementing its position as India’s most trusted private life insurance company.