Aviva Term
vs
Hdfc Term Insurance Plans

  • Multiple policy tenure to choose from
  • Premiums starting @Rs 15/day
  • 30-day grace period
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Aviva Term vs Hdfc Term Insurance Plans

Aviva Term

Aviva India is a joint venture between Aviva Plc (UK based company) and Dabur Invest Corp (one of the popular business in India).

Hdfc Term Insurance Plans

It is one of India& 039;s top term insurance companies with a strong reputation for providing high-quality insurance products and services.

COMPANY DETAILS Edit Aviva Life Term Insurance

Aviva Term

Edit HDFC Term Insurance Plans

Hdfc Term Insurance Plans

Rating
Number of term insurance plans and add-ons
Annual Premiums Collected (2023-24)

Annual Premiums Collected (2023-24)

1317.45

Annual Premiums Collected (2023-24)

Rs 63076.48 Cr
Payout Options

Payout Options

Lump sum, monthly or a combination of both

Payout Options

Lump sum, monthly or a combination of both
Claim ratio

Payout Options

98.3%

Payout Options

99.7%
Solvency Ratio

Solvency Ratio

1.8

Solvency Ratio

1.9
Pan India Presence

Pan India Presence

122+

Pan India Presence

498
Riders Available

Riders Available

Accidental Death Benefit Rider, Critical Illness Rider, Waiver of Premium Rider, Disability Income Riders

Riders Available

Income Benefit on Accidental Disability Rider, Critical Illness Plus Rider, Protect Plus Rider, Health Plus Rider
Policy Term

Policy Term

10 to 40 years

Policy Term

10 to 40 years

Know More About Companies

Overview

About Aviva Term Insurance

Aviva India is a joint venture between Aviva Plc., a UK based insurance group, and Dabur Invest Corp., one of India's oldest and most respected business houses. Aviva plc, founded in 1696, is among the world's oldest insurance companies in continuous existence. Aviva has the distinction of being one of the first insurance companies to set up business in India in 1834. Aviva Term Insurance has a customer base of over 34 million across the globe.

What are some of the
Benefits
that set them apart?

  • Accidental death benefit cover

  • Critical illness cover

  • Waiver of premium cover

  • Choice of policy tenure

  • Affordable Premiums

  • Tax benefits

Riders

Riders You Can Avail With Aviva term insurance Plans

Name of the Riders Benefits
Accidental Death Benefit Rider Accidental Death Benefits Rider by Aviva Term Insurance offers extra sum assured to the nominee of the policyholder, in case of death caused by any accident during the rider term.
Critical Illness Rider n Critical illness rider, sum assured will be given to policyholder in advance if he/she is diagnosed with any of the listed critical illness diseases such as cancer, Kidney failure, heart disease etc.
Waiver of Premium Rider In waiver of premium rider, the policyholder future premiums will be waived off in case of permanent disability of body caused by any reason. In waiver of premium rider the insurance companies will wait for 6 months to finalize the premium waiver. If the customer is still not able to work , the rider will be triggered.
Disability Income Riders In a disability income rider, the policy holder will get a regular income, if their body is disabled due to any of the reasons and is not able to work anymore. Disability income rider helps the policyholder to meet their present expenses in case of disability of the body.

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Aviva Life Term Insurance

Explore India’s best-selling Term insurance plans below

Aviva India is a joint venture between Aviva Plc (UK based company) and Dabur Invest Corp (one of the popular business in India).

Aviva Protection Plus is a non-linked non-participating individual life insurance savings plan by Aviva Life Insurance India. The plan comes with two ...

Unique Features

  • 2 Plan option
  • High sum assured rebate
  • Return of Premium

Aviva Protection Plus Plan (Pros)

Aviva Protection Plus Plan
  • Accidental Death Benefit
  • Critical Illness Benefit
  • Waiver of Premium

Aviva Protection Plus Plan (Cons)

Aviva Protection Plus Plan
  • No Policy Loan
  • No Investment Option
  • No Maturity Benefit

Aviva Protection Plus Plan (Other Benefits)

Aviva Protection Plus Plan
  • High Sum Assured Discount
  • Tax Benefit
  • Flexible PPT

Aviva Protection Plus Plan (Eligibility Criteria)

Aviva Protection Plus Plan
  • Entry Age - 20 yrs
  • Maturity Age- 65 yrs
  • Min Sum Assured-20 lac
  • Max Maturity Age-80 yrs
  • Tax Benefit - Yes

HDFC Term Insurance

Explore India’s best-selling Term insurance plans below

It is one of India& 039;s top term insurance companies with a strong reputation for providing high-quality insurance products and services.

HDFC Life Click 2 Protect Super is one of the top term insurance plan that offers high life cover at affordable premiums or multiple coverage options....

Unique Features

  • CI Cover Available
  • 3 Plan Variants
  • Avail Spouse Cover

HDFC Click 2 Protect Super (Pros)

HDFC Click 2 Protect Super
  • Terminal Illness Benefit
  • Smart Exit Benefit
  • Acceleration Death Benefit

HDFC Click 2 Protect Super (Cons)

HDFC Click 2 Protect Super
  • 1 Year WP for Suicide
  • No Policy Loans
  • No Pre-existing Conditions

HDFC Click 2 Protect Super (Other Benefits)

HDFC Click 2 Protect Super
  • Death Benefit in Instalments
  • RP
  • WOP & 3 Riders
  • Additional Cover for Spouse

HDFC Click 2 Protect Super (Eligibility Criteria)

HDFC Click 2 Protect Super
  • Entry Age -18 Years
  • Max Entry Age - 84 years
  • Minimum Sum Assured - INR 5
  • 000
  • Maximum Maturity Age - 85 years
  • Premium Payment Term - RP/SP/LP

HDFC Life Quick Protect is a comprehensive term insurance plan that provides coverage against death, disease, and disability. The plan is highly custo...

Unique Features

  • High Sum Insured
  • 19 Critical Illness Cover
  • Accidental Death Benefit

HDFC Quick Protect Plan (Pros)

HDFC Quick Protect Plan
  • Monthly Income For 10 Years
  • Critical Illness Plus Rider
  • Income Benefit Rider

HDFC Quick Protect Plan (Cons)

HDFC Quick Protect Plan
  • No HIV Cover
  • No Policy Loans
  • No Pre-existing Conditions

HDFC Quick Protect Plan (Other Benefits)

HDFC Quick Protect Plan
  • Accidental Death Benefit
  • Maturity Benefit
  • Waiver Of Premium

HDFC Quick Protect Plan (Eligibility Criteria)

HDFC Quick Protect Plan
  • Entry Age - 18 Years
  • Max Entry Age - 50 years
  • Minimum Sum Assured - 25 L
  • Maximum Maturity Age - 75 years
  • Premium Payment Term - 5 to 40 Years

HDFC Term with Return of Premium Plan offers comprehensive protection, which helps the insured secure their family with Zero-Cost Term insurance by th...

Unique Features

  • Death Benefit
  • Reduced Paid Up Benefit
  • Discount On Large Sum Assured

HDFC Term With Return Of Premium (Pros)

HDFC Term With Return Of Premium
  • Premium Payment Options
  • Absolute Amount Assured Paid
  • Tax Benefits on Premiums and Maturity Benefit

HDFC Term With Return Of Premium (Cons)

HDFC Term With Return Of Premium
  • No Discount on Limited Pay
  • No Riders Available
  • No Policy Loan

HDFC Term With Return Of Premium (Other Benefits)

HDFC Term With Return Of Premium
  • Guaranteed Surrender Value
  • Guaranteed Maturity Benefits
  • No Waiting Period on Accidental Death

HDFC Term With Return Of Premium (Eligibility Criteria)

HDFC Term With Return Of Premium
  • Entry Age - 18 Years
  • Max Entry Age - 50 years
  • Minimum Sum Assured - 10 L
  • Maximum Maturity Age - 65 years
  • Premium Payment Term - LP/RP

HDFC Life Smart Term Pro is a versatile term insurance plan designed to provide comprehensive life insurance coverage and financial security. This is ...

Unique Features

  • Enhanced Protection Through Riders
  • Return Of Premium
  • Surrender And Maturity Benefit

HDFC Life Smart Term Pro (Pros)

HDFC Life Smart Term Pro
  • Death Benefit
  • Maturity Benefit
  • Death Benefit Payout Options Death Benefit Payout Options

HDFC Life Smart Term Pro (Cons)

HDFC Life Smart Term Pro
  • Reduced Paid-up Benefits
  • Reduced Paid-up Death Benefit
  • No Adventure Sports Cover

HDFC Life Smart Term Pro (Other Benefits)

HDFC Life Smart Term Pro
  • Guaranteed Surrender Value
  • 80% Premiums on Suicide
  • Guaranteed Sum Assured on Maturity

HDFC Life Smart Term Pro (Eligibility Criteria)

HDFC Life Smart Term Pro
  • Entry Age - 30 Days
  • Max Entry Age - 60 years
  • Minimum Sum Assured - 15 L
  • Maximum Maturity Age - 80 years
  • Premium Payment Term - 5/8/10/12 yrs

HDFC Life Smart Term Edge is a comprehensive protection plan offering multiple options and features at reasonable premiums. The plan provides you with...

Unique Features

  • Reduced Paid Up Benefit
  • Death Benefit
  • Surrender Benefit

HDFC Life Smart Term Edge (Pros)

HDFC Life Smart Term Edge
  • 3 Premium Payment Modes
  • Option to Increase Death Benefit
  • 3 Premium Payment Modes

HDFC Life Smart Term Edge (Cons)

HDFC Life Smart Term Edge
  • No Suicide Cover
  • No Policy Loans
  • No Pre-existing Conditions

HDFC Life Smart Term Edge (Other Benefits)

HDFC Life Smart Term Edge
  • 3 Plan Options
  • 100% Death Cover
  • Tax Benefits on Premiums/Maturity/Riders

HDFC Life Smart Term Edge (Eligibility Criteria)

HDFC Life Smart Term Edge
  • Entry Age - 18 Years
  • Max Entry Age - 60 years
  • Minimum Sum Assured - 5 Lakhs
  • Maximum Maturity Age- 75 years
  • Premium Payment Term - 12 to 30 Years

HDFC Life Click 2 Protect 3D Plus provides policyholders and their loved ones with comprehensive financial security. As the name suggests, this term i...

Unique Features

  • 9 Plan Options
  • Whole life coverage
  • Rider benefits

HDFC Life Click 2 Protect 3D Plus (Pros)

HDFC Life Click 2 Protect 3D Plus
  • Life Stage Protection
  • Premium Top-up Option
  • Protection Against 3Ds

HDFC Life Click 2 Protect 3D Plus (Cons)

HDFC Life Click 2 Protect 3D Plus
  • 1 Year WP for Suicide
  • No Policy Loans
  • Death Due to Adventure Sports

HDFC Life Click 2 Protect 3D Plus (Other Benefits)

HDFC Life Click 2 Protect 3D Plus
  • Choice of Plan Options
  • Lifelong Protection
  • Return of Premium Option

HDFC Life Click 2 Protect 3D Plus (Eligibility Criteria)

HDFC Life Click 2 Protect 3D Plus
  • Entry Age -18 Years
  • Max Entry Age - 65 years
  • Minimum Sum Assured - ₹10 Lakhs
  • Maximum Maturity Age - 99 years
  • Premium Payment Term - RP/SP/LP

‘HDFC Life Sanchay Legacy, a comprehensive term plan offering early ROP benefits with increasing death cover.’ Most of your prime days are...

Unique Features

  • Increasing death benefit
  • Life cover with no medical test
  • Accelerated death benefit

HDFC Life Sanchay Legacy (Pros)

HDFC Life Sanchay Legacy
  • Death Benefit
  • Affordable premiums
  • Tax benefits

HDFC Life Sanchay Legacy (Cons)

HDFC Life Sanchay Legacy
  • 1 year WP for suicide
  • No policy loan
  • No pre-existing illness cover

HDFC Life Sanchay Legacy (Other Benefits)

HDFC Life Sanchay Legacy
  • Hassle-free buying process
  • Survival Benefit
  • Riders availability for enhanced protection

HDFC Life Sanchay Legacy (Eligibility Criteria)

HDFC Life Sanchay Legacy
  • Entry age - 40 years
  • Max entry age - 75 years
  • Min sum assured - 1.25 times the Single Premium
  • Max maturity age - NA

HDFC Life Click2 Protect Elite plan is the perfect term plan that is designed to protect your loved ones financially in case of your uncertain demise....

Unique Features

  • Smart Exit Benefit
  • Free-look period
  • Policy revival

HDFC Life Click 2 Protect Elite (Pros)

HDFC Life Click 2 Protect Elite
  • Death Benefit
  • Smart exit benefit
  • Tax benefits

HDFC Life Click 2 Protect Elite (Cons)

HDFC Life Click 2 Protect Elite
  • 1 year WP for suicide
  • No policy loan
  • No pre-existing illness cover

HDFC Life Click 2 Protect Elite (Other Benefits)

HDFC Life Click 2 Protect Elite
  • Free-look period cancellation
  • policy revival
  • Rider benefits

HDFC Life Click 2 Protect Elite (Eligibility Criteria)

HDFC Life Click 2 Protect Elite
  • Entry age - 18 years
  • Max entry age - 45 years
  • Min sum assured - 2 Crores
  • Max maturity age - 45 Years

HDFC Life Saral Jeevan Bima is a simple and no-frills, pure-risk best term insurance plan. This plan dispenses the nominee with a fixed amount after t...

Unique Features

  • Flexible premiums
  • Additional riders
  • Financial protection

HDFC Life Saral Jeevan Bima (Pros)

HDFC Life Saral Jeevan Bima
  • Discount on Higher Premiums
  • Policy Loan Available
  • No Interest on ROP Minors

HDFC Life Saral Jeevan Bima (Cons)

HDFC Life Saral Jeevan Bima
  • No Alterations Allowed
  • No Death Benefit on Income Payout
  • Advance premiums for monthly payment mode

HDFC Life Saral Jeevan Bima (Other Benefits)

HDFC Life Saral Jeevan Bima
  • 3 Rider Options Available
  • Premium Payment Flexibility
  • Tax Benefits on Premiums and Maturity

HDFC Life Saral Jeevan Bima (Eligibility Criteria)

HDFC Life Saral Jeevan Bima
  • Entry Age - 30 Days
  • Max Entry Age - 65 Years
  • Minimum Sum Assured - 5 L
  • Maximum Maturity Age - 85 years
  • Premium Payment Term - RP/SP
Naval Goel

Reviewed By: Naval Goel

Naval Goel is the CEO & founder of PolicyX.com. Naval has an expertise in the insurance sector and has professional experience of more than a decade in the Industry and has worked in companies like AIG, New York doing valuation of insurance subsidiaries. He is also an Associate Member of the Indian Institute of Insurance, Pune. He has been authorized by IRDAI to act as a Principal Officer of PolicyX.com Insurance Web Aggregator.