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aviva life insurance company (Aviva Life Insurance )
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Aviva Life Saver Super

Name of Life Insurance Company Aviva life Insurance company
Product Name Life Saver Super
Product / Plan. ULIP Endowment Plan
Min – Max Premium 15000 – No Max Limit.
Min- Max Policy Term 10- 30 Year
Min – Max Premium Paying Term 10 Year to a max term
Min- Max Sum Assured 5* Annual premium – 1.5* Policy term* Annual premium .
Min - Max Entry Age 0 – 60 Year
Min – Max Entry Age if Rider opted 18 – 55 Year
Min -Max Maturity age 18 – 75 Year
Death Benefit Higher of The Fund value or Sum Assured.
Survival Benefits N/A
Maturity Benefit. Sum Assured or Fund Value which ever is high Plus Loyalty addition.
Free Look Period 15 Days
Automatic Cover Available with STP.
Surrender Available
Settlement Option N/A
Fund Option Index Fund, Growth Fund, Balance Fund, Protector Fund.
Partial withdrawals. Available after 3 year.
Loyalty Addition & Bonus Available
Top Up Min - Max 1000 – 25% of total regular Premium paid..
Increase & Decrease Sum Assured. Available
Increase & Decrease of Premium. N/A
Premium Holiday option N/A
Riders Available Accidental Death and Dismemberment .
Switching Available 4 free switching are Available.
Tax Benefit Available under Sec-80 C and 10(10D).
Loan Option N/A
Top Up Allocation charges. 100% Premium Allocation on regular premium
Premium Allocation Charges. 100% Premium Allocation on regular premium
Fund Management charges 0.75% p.a On Index Fund,1.25% p.a on Balance Fund. ,1.50% p.a on Growth Fund.1.00 % p.a on Protector Fund.
Policy Administration charges. Rs-52 per month which will increase 5% by 1st jan every year.
Switching charges 0.5% amount switched subject to max- of Rs-500/-.per switches, after 4 free switches .
Mortality charges Depends on age, and Sum at Risk.
Surrender Charges Nil after completion of 3rd policy year.
Partial withdrawal charges Only 4 partial withdrawal Available.
Company web sites. WWw.avivaindia.com

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