Financial security is a key concern for every individual, and Life Insurance plays a crucial role in ensuring a stable future. However, traditional insurance solutions no longer meet the diverse and evolving needs of modern customers. Today, people seek flexibility, personalised coverage, and comprehensive protection that aligns with their life goals. Recognising this, Aviva India has developed customer-centric solutions that offer security and adapt to changing market demands, making insurance more relevant than ever.
The insurance industry has evolved from basic lump-sum payouts to more comprehensive coverage that includes disability protection, critical illness benefits, and financial planning. Aviva India has adapted to this shift by offering Term Insurance and Investment-linked Policies that provide well-rounded assurance. These plans ensure financial security for policyholders and their families while also supporting long-term wealth creation.
Coverage with Aviva Signature 3D Term Plan – Platinum
This plan is designed to go beyond conventional Term Insurance by offering protection against Death, Disability, and Disease. This all-in-one solution ensures financial preparedness for life’s uncertainties, helping policyholders with customisable benefits and enhanced flexibility.
Key Features of Aviva Signature 3D Term Plan – Platinum:
- Credit Protect Benefit – Ensures that your outstanding loans and liabilities are covered, preventing financial burdens from falling on your family in case of an unfortunate event.
- Life Protect Benefit – Provides a higher sum assured to safeguard your family’s financial future, offering long-term security and peace of mind.
- Special Premium Rates: Women and non-tobacco users enjoy exclusive benefits, making Life Insurance more affordable.
- Preventive Wellness Package: Encourages healthy living through AI-driven nutrition plans, smart devices, and regular health monitoring.
- Flexible Premium Payment Modes: Choose between single, yearly, half-yearly, quarterly, or monthly payments based on your convenience.
- Tax Benefits: Premiums paid for the policy qualify for tax deductions under Section 80C and Section 80D of the Income Tax Act, helping you save on taxes while securing your future.
These features emphasise the brand’s dedication to ensuring both financial protection and proactive wellness for its policyholders.
For Example: Rohan’s Tax Scenario Without the Plan
- Annual Income: ₹15,00,000
- Total Tax Payable (Without Any Deductions) = ₹2,62,500
Tax Savings with Aviva Signature 3D Term Plan – Platinum
- Annual Premium Paid: ₹50,000
- Eligible Tax Deduction (Section 80C): ₹50,000
- New Taxable Income: ₹15,00,000 – ₹50,000 = ₹14,50,000
- New Tax Payable = ₹2,47,500
Total Tax Saved with the Plan:
₹2,62,500 – ₹2,47,500 = ₹15,000 per year
Financial Security with Aviva Signature Increasing Income Plan
For those seeking a stable and growing income, the Aviva Signature Increasing Income Plan (SIIP) offers a structured way to build wealth while ensuring long-term financial security. This plan is ideal for professionals and families looking for guaranteed income growth along with life coverage.
Key Benefits of Aviva SIIP:
- Guaranteed Increasing Income – Get a regular payout that grows over time, helping you beat inflation and maintain financial stability.
- Tax-Free Maturity Benefits – Since SIIP is a savings-based income plan, the maturity proceeds are fully tax-free under Section 10(10D). By investing Rs. 5 Lakh annually in this plan, taxable income can be lowered.
- Life Cover for Protection – Your loved ones receive financial security, ensuring peace of mind in case of any unforeseen event.
- Flexible Payouts & Liquidity – SIIP offers regular income payouts while also providing liquidity for emergency financial needs.
With Aviva SIIP, you can enjoy a secure future with growing income, tax benefits, and lifelong financial protection.
The Role of Riders in Enhancing Life Insurance Coverage
While a standard Life Insurance policy provides essential protection, adding riders can significantly enhance its value, ensuring comprehensive coverage for specific needs. The brand offers a variety of riders that allow policyholders to customise their plans, making their Term Insurance policies even more effective.
For instance, Amit, a 35-year-old IT professional, secured his family’s future with a Term Insurance plan and added a Critical Illness Rider and Waiver of Premium Rider. When diagnosed with a severe heart condition, he received a lump-sum payout from the Critical Illness Rider, covering medical expenses and daily needs. The Waiver of Premium Rider ensured his policy remained active without further payments. This customisation provided both immediate financial relief and long-term security for his family.
Therefore, financial security should never be left to chance. Aviva India’s approach to Life Insurance ensures that individuals and families have the protection they need to face life’s uncertainties with confidence. Whether you’re looking for Term Insurance, retirement solutions, or investment-linked plans, the brand offers the flexibility and reliability you need.
Choosing Aviva means investing in a secure future where peace of mind is assured. Take control of your financial well-being today!
*Standard T&C Apply
**Tax benefits are subject to change in prevalent tax laws.
***Disclaimer: The content on this page is generic and shared only for informational and explanatory purposes. It is based on several secondary sources on the internet and is subject to
changes. Please consult an expert before making any related decisions.
****Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale.
