Blog

Aviva Life Introduces New Unit-Linked Insurance Plan

Aviva Life

Aviva Life Insurance- a well known life insurance company today announced the launch a new  insurance plan that is basically a unit-linked insurance policy. The new policy offers long-term premium options to all consumers. Apart from the same, it also provides benefits of ULIP.

Aviva Affluence is intended to achieve high net-worth individuals, the company said in a release, adding it provides the option to choose from different premium payment terms, starting from 5 years going up to 30 years.

Trevor Bull, MD & CEO, Aviva India, said: “Our focus is on segments and geographies where we know we can make a difference, to the lives of our customers. Aviva Affluence is based on that thought, it’s a total customer proposition meant for a select audience that desires to multiply their wealth.”

You May LIke

Five Proposals in Your Life Insurance Products That You Will Cherish Insurance Regulatory & Development Authority of India (IRDAI) has been consistent in adding values in the investment of the policyholders. Off lately they have proposed some remarkable features that may promise better returns. These five proposals as compared to your existing plans are summarise...
Government Consider 49% FDI In Insurance Sector Via Automatic Route Government is mulling a proposal to allow 49% FDI through automatic approval route in the insurance sector with a view to attracting more foreign inflows. At present, FDI up to 26% is allowed through automatic approval route. For FDI up to 49%, the approval of the Foreign Investment Promotion Board...
Fiscal Year 2019 Anticipates Growth in Life Insurance Industry Life insurance industry has been growing at a steady rate. While the equity market is yet to stabilize life insurance market is consistent in its growth. With constant fluctuation in the stock markets, more people are expected to shift to the life insurance investments as mentioned by V. Viswanand- ...
Linking Of Aadhaar With Insurance Policy Is Mandatory, Says IRDA On Wednesday, 8th Nov 2017, the Insurance Regulatory And Development Authority Of India (IRDA) said that the linking of Aadhar number with insurance plans is compulsory and asked insurance companies to implement the statutory norms.  “The Authority clarifies that, linkage of Aadhaar number to insur...
Andhra Pradesh: Auto Drivers Seek Execution Of Insurance Scheme The auto drivers and workers federation of Andhra Pradesh has requested the state government not to insist on ‘driver badge’ to execute the insurance scheme, which it had launched, for the profit of drivers in the case of accident and natural death of auto drivers. In a statement, federation’s Stat...