| Name of Life Insurance Company | Aviva life Insurance company |
| Product Name | Freedom Life Plan |
| Product / Plan. | ULIP Endowment Plan |
| Min – Max Premium | 25000 – For PPTof 10 Years or more , 100,000 For 3 & 5 year. |
| Min- Max Policy Term | 10- 30 Year |
| Min – Max Premium Paying Term | 3,5,10,15,20,25,& 30.Year |
| Min- Max Sum Assured | 5* Annual premium – 1.25* Policy term* Annual premium . |
| Min - Max Entry Age | 18 – 60 Year |
| Min – Max Entry Age if Rider opted | N/A |
| Min -Max Maturity age | Max-70 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 AAA and STP. |
| Surrender | Available |
| Settlement Option | N/A |
| Fund Option | Enhancer Fund, Growth Fund, Balance Fund, Protector Fund & Bond 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 , Critical illness & Permanent Disability, Hospital Cash Benefits. |
| 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. | 2.00% |
| Premium Allocation Charges. | 100% Premium Allocation on regular premium |
| Fund Management charges | 1.00% p.a on Bond fund , 1.00% on Protector Fund, 1.25% p.a on Balance Fund. ,1.50% p.a on Growth Fund.1.75% p.a Enhancer Fund. |
| Policy Administration charges. | Rs-69 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 6th policy year. |
| Partial withdrawal charges | Only 4 partial withdrawal Available. |
| Company web sites. | www.avivaindia.com |
