Aviva Dhan Samruddhi plan is an investment plan that specifically designed to help you meet your long term and short-term needs. If you are planning to purchase this plan, you will get various benefits such as a rebate for high value, cashback, maturity benefit, and liquidity. The unique thing about this plan is - not only gives a good amount of money for future financial personal needs but also gives the periodical money back during your ongoing policy term so that you will never feel any financial shortage for your future financial goals.
Aviva Life Insurance Company India Limited is one of the trusted, reliable and reputed life insurance companies in India. For the past several years, this company has served 31 million customers across a global level over 16 different nations with 118 branches. This company is one of the best world leaders for the insurance sector industry. It offers various insurance plans and products as per the respected individual requirement such as rural plans, child plans, protection plans, saving plans, retirement plans, etc.
The following specification is only for that person who is a resident of India.
|Age Type||Minimum Years||Maximum Years|
This policy term and sum assured:
|The Term of Policy in Years||Minimum Sum Assured in Rs.||Maximum Sum Assured in Rs.|
Let’s check out how this plan works:
Tax Benefits: You will be able to exempt tax for section 80C (up to a limit of Rs.1,50,000) and for the survival benefit, it would be for section 10 (10D) under the income tax Act.
Loan: In this particular plan, loans are not available.
Bonus: In this particular plan, the bonus is not declared.
Guaranteed Additions: If you pay regular premiums as per the terms and conditions at the time of purchase, you will get guaranteed additions on every respective year till the end of the term. Let’s see below the applicable rates:
|Policy Tenure in Years||Annual Premium Guaranteed Additions in %|
Benefits for Survival: Except for the maturity of this plan, survival will get 152% of the annual premium paid at the end of every 5 years respectively as per the money-back plan.
Death Benefits: In the event of death occurred of policyholder, these plans have several benefits such as:
Benefits on Maturity: If you settle all your due premiums, you can avail maturity benefits with sum assured and guaranteed additions (till maturity), minus survival benefits (already paid).
Note: The insured can surrender the policy only after paying 2 years’ premium.
Aviva Dhan Samruddhi will guide you to build up your savings & meet your goals. You can easily place your faith in this plan. You will not be disappointed.
Yes, the debit card facility is allowed for 15 banks.
Yes, you can renew any policy or plan through your online access.
When you purchase any policy, you get a free look period. During this period, if you are left unsatisfied, you need to send the letter to customer service, the required documents and premium receipt (if you paid with it). After processing your cancellation request, within 15 to 30 days the respected policy will get canceled.
Last updated on 13-11-2020