Aviva Life I Growth
vs
Lic Pradhan Mantri
- Choose your coverage tenure
- Multiple sum assured options
- Enhance coverage with add-ons
| PLAN DETAILS |
1120-1737973164.webp){kind=logo} Aviva Life I Growth |
 Lic Pradhan Mantri |
| Premium Including GST | ||
| Key Features (Key features of the plan) |
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| Plan Uniqueness |
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| Plan Maturity age | Maximum Maturity Age - 60 years | Maximum Maturity Age - Whole life |
| Premium payment term | Subjected to policy term | Depends on the policy tenure |
| Plan Entry Age | Minimum Age - 18 year Maximum Age - 50 years | Minimum Age - 60 years Maximum Age - No limit |
| Sum assured | Rs 50 lakhs | N/A |
| 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 - 20 years | 10 years |
| Claim Settlement Ratio (2023-24) | Minimum Age - 0 year | 98.62 |
Aviva Life i-Growth is an individual unit-linked insurance plan that offers dual benefits: protection and savings. You can choose to pay for this plan either monthly or yearly, and you'll still get all the benefits for the entire policy term. With an i-Growth plan, you don't have to go through any medical examinations to buy life cover.
The plan helps you stay invested and generate wealth through a choice of 3 unit-linked funds. It includes bond Fund-II, Balanced Fund–II, and Enhancer Fund-II; choose your fund based on your risk appetite. However, the loyalty addition will be added to the fund value on the last 3 policy anniversaries of your plan.
You can even reduce your sum assured amount in case you don't need protection anymore. In this plan, you're only allowed to make partial withdrawals from fund value after the five-year lock-in period.
Aviva Life i-Growth Plan offers you a range of benefits including:
3 unit-linked fund options
Loyalty additions
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