Aviva Life Insurance Company has launched ‘Aviva LifeShield Premium’. Under this, customers will get a Personalized Term Insurance Plan, in which the options of Sum Assured, Premium Payment Term and Frequency, Payout etc. will be available.
Private Sector Aviva Life Insurance has today launched Aviva Life Shield Premium. It is a type of non-linked non-participating individual pure risk life insurance plan. It is a comprehensive term life insurance plan that can be customized to suit the individual needs of each individual and his/her family so that they can get whole life life cover on their own terms. Keeping this in view, Aviva Life Insurance has launched a campaign called ‘On Your Terms’.
Vineet Kapahi, Head, Marketing Function, Aviva Life Insurance said, “Our focus on providing a wide and exclusive proposition collection is based on our vision to work towards our long-term strategy. We understand customer demands and our teams are working to introduce new and more useful products to secure the future of our customers. Aviva Life Shield Premium Plan can be personalized to suit the financial needs and provides protection to your loved ones. We are confident that this product will meet the growing demand for term life insurance and at the same time ensure that the benefits of insurance reach more customers.”
He said, “At Aviva, we always keep our efforts focused on the customers. We work with our motto of ‘With you today, for a better tomorrow’. Each and every one of us lives up to our promise every day, to ensure that our customers get the best results at every stage of life.
Benefits of Aviva Life Shield Premium
Aviva Life Shield Premium comes with a policy term of 62 years and it offers customers regular, limited and single premium payment term and optional payment term of yearly, half yearly or monthly premium payment. With this product customers can balance their financial portfolio among various modes of payment like lumpsum, income and 50:50. Another advantage of this is that customers also get additional protection in case of accidental death or permanent disability.
Features of Aviva Life Shield Premium
- This plan gives an opportunity to choose the increasing or decreasing Sum Assured as per the financial needs of the customers.
- Customers can pay limited premium for at least 5 years and can avail coverage till the age of 80 years.
- Aviva Life Shield Premium gives customers the freedom to tailor-make the plan to suit the needs of their family.
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