Aviva Life Affluence Plan
vs
Lic Siip

  • Choose your coverage tenure
  • Multiple sum assured options
  • Enhance coverage with add-ons
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Aviva Life Affluence Plan vs Lic Siip

Aviva Life Affluence Plan

Aviva Affluence plan is a unit-linked life insurance plan that helps you build wealth through market-linked investment. With an Aviva Life Affluence, you can pay premiums for 7, 10, and 15 years, as well as stay protected with assured life cover throughout the policy term.The plan offers a choice of...

Lic Siip

LIC SIIP is a unit-linked non-participating individual life insurance plan. The plan comes out as an opportunity to monetize the investment options offered by the market. The plan is available offline and online along with four different fund options to invest your hard-earned money. Like all other ...

PLAN DETAILS

Aviva Life Affluence Plan


Lic Siip

Premium Including GST
Key Features
(Key features of the plan)
  • In-built Accidental Cover
  • Earn Loyalty Rewards
  • Boost Wealth With Top-up
  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Plan Uniqueness
  • In-built Accidental Cover
  • Earn Loyalty Rewards
  • Boost Wealth With Top-up
  • Death Benefits
  • Maturity Benefits
  • Guaranteed Additions
Plan Maturity age Maximum Maturity Age - 70 years Maximum Maturity Age - 85 years
Premium payment term 7 to 30 years 10 to 25 years
Plan Entry Age Minimum Age - 20 year Maximum Age - 50 years Minimum Age - 90 days Maximum Age - 65 years
Sum assured No limit Rs 10 lakhs to No limit
Premium payment frequency Annual, half-yearly, quarterly & monthly Annual, half-yearly, quarterly & monthly
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure Minimum term - 10 years Maximum term - 17 years Minimum term - 10 years Maximum term - 25 years
Claim Settlement Ratio (2023-24) Minimum Age - 0 year 98.62

Know More About Plans

Overview

Aviva Affluence plan is a unit-linked life insurance plan that helps you build wealth through market-linked investment. With an Aviva Life Affluence, you can pay premiums for 7, 10, and 15 years, as well as stay protected with assured life cover throughout the policy term.
The plan offers a choice of 8 unit-linked fund options to match your risk tolerance and financial goals. You can easily transfer your money from one fund to another by switching or redirecting your premiums. In this plan, you'll get an extra payout on top of the basic sum assured in case of accidental death. 
Even the insurer offers loyalty rewards added to your fund value, boosting your overall returns for on-time premium payments. On the other hand, you can make top-up investments anytime during the policy term to increase your fund value significantly.

Aviva Affluence Plan offers you a range of benefits including:

why-choose
  • Choice of 4 unit-linked fund options

  • Choose your investment funds

  • Pay premiums for 7, 10, and 15 years
  • In-built accidental coverage
  • Top-up investments

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Bijender Singh

Reviewed By: Bijender Singh

With 9 years of progressive experience in the insurance industry, including 7 years at Policy X, I have honed my expertise in Life and Health Insurance. My strengths lie in devising customer-centric solutions, streamlining insurance processes, and delivering exceptional service. I have successfully led high-performing teams, excelling in business planning, manpower management, and strategic decision-making.