| Name of Life Insurance Company | Aviva life Insurance company |
| Product Name | Aviva Young Scholar |
| Product / Plan. | ULIP Child Plan |
| Min – Max Premium | 15000 – No Max Limit. |
| Min- Max Policy Term | 10 -25 Year |
| Min – Max Premium Paying Term | 3 Year or 5 Year or Equal to the policy term. |
| Min- Max Sum Assured | 5* Annual premium – 1.5* Policy term* Annual premium . |
| Min - Max Entry Age | 18-50 Year of Parent . And beneficiary 0-17 year. |
| Min – Max Entry Age if Rider opted | N/A |
| Min -Max Maturity age | Max-70 Year. |
| Death Benefit | Sum Assured will pay immediately and all the future premium will be waived. |
| 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 | N/A |
| Surrender | Available |
| Settlement Option | Available |
| Fund Option | Growth Fund, Balance Fund, Protector Fund Enhancer Funds.and 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. | N/A |
| Increase & Decrease of Premium. | N/ A |
| Premium Holiday option | N/ A |
| Riders Available | Accidental Death Benefit, Comprehensive Health Benefits, and Income Benefit Rider. |
| 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. | 1st Year 20 % ,2nd Year 10% 3rd Year 5 % 4Th onwards 2%. |
| Fund Management charges | 1.50% p.a on Growth Fund, 1.25% p.a on Balance Fund, 1.00% p.a on Protector Fund, 1.75% p.a on Enhancer Funds.and 1.00% p.a on Bond Fund, |
| Policy Administration charges. | Rs-55 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 5th policy year. |
| Partial withdrawal charges | Only 4 partial withdrawal Available. |
| Company web sites. | WWw.avivaindia.com |
