Aviva Life Insurance

Aviva Life Insurance is offered by Aviva India. Aviva India is the collaboration between the UK's largest insurance group Aviva Plc and India, the largest and the oldest group of companies Dabur. The history of the insurance company goes back more than 160 years. Aviva Life Insurance can be classified into different types of insurance that provides solutions for children, students, youth, adults and the elderly.

Aviva Life Insurance wide range of benefits, and life insurance and includes the following. Includes:

* Death Benefit - the sum insured is paid double to family members of the insurance company to meet the financial needs of the family
* Benefit maturity - As a life insurance policy, there is no maturity benefit available in this plan. However, the insurer may change the life insurance to other insurance at any time before the expiration of the policy.
Tax Benefit - Insurers may claim exemption from the total amount of tax payable by deducting the insurance proceeds paid under section 80C is imposed on taxable income of the total.

Minimum amount of insurance offered is Rs.25, / 00000 - and no maximum limit of the sum insured. People over 18 years and under 55 years are eligible for Aviva Life Insurance. Maximum age of maturity of the policy is 70 years.

Total insurance premium can be paid through any mode via cash, check, credit card, debit card or online transfer. Premiums can be paid as an annual average rate or annual fee. The policyholder can change the mode of payment or the payment frequency. For each premium, the grace period extends 30 days. However, the expiration policy can also be renewed by paying the outstanding premium amount of a renewal fee.

Aviva Life insurance reimbursement for insurance especially women, which extends 5% discount on the amount of the premium.