Aviva Affluence

Life insurance plays an essential role in an individual's life; it is a long-term life insurance cover availed at an affordable premium. Aviva Affluence is a non-participating, unit-linked insurance plan provided by Aviva Life Insurance Company India Ltd. This policy offers financial security for the long-term. It optimizes policyholder's wealth by giving a choice of multiple fund options. It helps to plan for and meet milestones such as children's education, marriage, retirement, etc.

Read more
Investing in your child's future:A wise decision & a loving choice
  • Insurer pays premium in case of loss of life of parent

  • Create wealth for child’s aspirations

  • Tax Free maturity amount+

  • 12+ plans available

In-built life cover
Nothing Is More Important Than Securing Your Child's Future

Invest ₹10k/month your child will get ₹1 Cr Tax Free*

We don’t spam
Please wait. We Are Processing..
Your personal information is secure with us
Plans available only for people of Indian origin By clicking on "View Plans" you agree to our Privacy Policy and Terms of use #For a 55 year on investment of 20Lacs
Get Updates on WhatsApp
We are rated~
58.9 Million
Registered Consumer
Insurance Partners
26.4 Million
Policies Sold

In this plan, the policyholder pays a fixed premium depending upon the sum insured, and the nominee is entitled to the sum assured in case of the policyholder's untimely death within the policy term.

Aviva Affluence Plan Details



Policy Tenure

15 - 30 years, subject to a minimum & maximum maturity age

Premium Paying Term (PPT)

7 / 10 / 15 or Equal to Policy Term

Premium Paying Mode

Yearly only

Entry Age

2 -50 years

Maturity Age

Minimum Maturity Age: 18 years

Maximum Maturity Age depends on the Premium Payment Term (PPT)

  • For PPT 7 / 10 / 15 years: 65 years
  • For PPT 16 -30 years: 70 years


Grace Period

30 days

Sum Assured

Sum Assured is a multiple of Annual Premium; it depends upon age and policy term.

Max Sum Assured: No Limit; subject to underwriting guidelines


The plan does not offer any liquidity for the first five years of the contract.

Benefits of the Aviva Affluence Policy

Aviva Affluence Policy by Aviva Life Insurance comes packed with a wide range of benefits. They are as follows:

  • Death Benefit: In case of the policyholder's unfortunate death, the nominee is entitled to the highest of: Sum assured depending upon the premiums, whether regular or limited, or, the Fund Value, or, 105% of all the premiums paid till death.
  • If Top-Up premiums are paid in the policy, there will be an additional payout, which is the highest of:

Fund Value related to such premiums, or, Top-Up Sum Assured value or 105% of the total Top-Up premiums paid until death. In the case of Accidental Death between the ages of 18- 70 within the policy tenure, additional pay due to accidental death is also payable to the nominee.

  • Maturity Benefit: Under Aviva Affluence Policy, the policyholder can get Fund Value related to regular and Top Up premiums, and the maturity booster add-ons until survival until the policy reaches maturity.
  • Increasing Milestone Boosters (IMB): Aviva Affluence Policy provides IMB when the insurance policy is continued by paying due premiums until the date of allocation of IMB according to the policy terms. IMB additions are a percentage of Fund Value and are added to the Fund Value subject to the conditions mentioned in the policy document.
  • Tax Benefit: The Aviva Affluence Policy is eligible for tax benefits, as mentioned under Section 10(10D) and Sec 80 C of the Income Tax Act, 1961.

* Tax benefit is subject to changes in tax laws.

The Premium for Aviva Affluence 

The Aviva Affluence premium can be paid as a regular premium or Top-up premium payment option.

Regular Premium:

  • Minimum
    • Policy term- 15 to 17 years
      • Premium Paying Term- 10 or Equal to Policy Term-Annualized Premium- Rs. 2,00,000
    • For Policy term- 18 years & above
      • Premium Paying Term-7: Annualized Premium- Rs. 1,50,000
      • Premium Paying Term- 10/15/Equal to Policy Term: Annualized Premium- Rs. 1,00,000
    • Maximum: No limit, subject to policy terms, and underwriting guidelines

Top-up Premium:

  • Minimum: *Rs.5,000
  • Maximum: No limit, subject to policy terms

Sum of Top-up Premiums should not be higher than the sum of Regular Premiums paid.

            *Standard T&C Apply

People can use the available online to get an idea about the premium sum to be paid.

Additional Riders for Aviva Affluence

The Aviva Affluence Life Insurance Policy provides In-built Accidental Death Rider.

Eligibility for Aviva Affluence

Entry Age:

Minimum:  2 years

Maximum:   50 years

Maturity Age:

Minimum Maturity Age: 18 years

Maximum Maturity Age depends on the Premium Payment Term (PPT)

What are the Documents Required to Buy Aviva Affluence?

To buy Aviva Affluence policy, people must provide:

  • Identity proof, such as AADHAR card, voter's card, or passport
  • Address proof, such as AADHAR card, driving license, ration card, voter's card, or passport
  • Income proof, such as ITRs or salary slips

How to buy Aviva Affluence online?

Interested people cannot buy Aviva Affluence online as it offers offline purchases. Follow the below-mentioned steps: 

Step 1: Choose a plan

Step 2: Calculate premium

Step 3: Get in touch with the insurance advisor at their toll-free number or customerservices@avivaindia.com.

Step 4: Visit Aviva Life Insurance Company, India Ltd. branch, and submit required documents

Step 5: Pay the premium

Exclusions of Aviva Affluence

According to Aviva Affluence reviews, below mentioned are the exclusions of the policy.

  • If the policyholder dies due to suicide within a year of the beginning or renewal of the Aviva Affluence policy, the available Fund Value, as on the date of death intimation, will be paid to the nominee.
  • Similarly, for Accidental Death Benefit payout, if the insured’s accidental death is caused due to due to alcohol or drug abuse, war and civil commotion, aviation, infection, radiation, self-inflicted injury, criminal act, or hazardous hobby and sports, or medical treatment received 48 months before the commencement of the policy, no such benefit will be given to the insured.


  • Q. Does my insurance policy with Aviva cover for COVID-19?

    Ans:  Yes, all Aviva's life insurance policies provide life cover to insured persons against all types of deaths, including COVID-19. However, standalone health insurance policies offering cover for critical illnesses do not include cover for COVID-19.
  • Q. How to inform Aviva in case of a claim?

    Ans:  The person can send an email at claims@avivaindia.com or customercare@avivaindia.com, including policy number and required documents attached, such as medical reports, medicine, and hospital bills. Visit the website to download necessary forms from the website.
  • Q. How to modify the Life insurance cover in Aviva policies?

    Ans:  The Life insurance cover in the policyholder's existing policy cannot be modified. The policyholder can apply for a new policy to increase life insurance cover. Call Toll-free number customer care number to connect with product experts and know more about specific policies.
  • Q. How can a person check for Aviva Affluence policy status?

    Ans:  One can visit the insurer website and login with their credentials if they have an online account, or with their Policy number to check Aviva Affluence policy status.
  • Q. Does this policy allow you to switch from one fund to the other?

    Ans:  Yes, the policy allows fund switching with 12 free switches available for the investor every year.
  • Q. What are investment fund options present under this plan?

    Ans:  The policy offers 7 fund options based on varying levels of risk: Balanced Fund-II, Bond Fund-II, Enhancer Fund-II, Protector Fund-II, Growth Fund-II, Infrastructure Fund, and PSU Fund.
  • Q. What is the minimum amount set for partial withdrawals from the policy?

    Ans:  The minimum amount for partial withdrawal is Rs. 5,000.

*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
*Please note that the quotes shown will be from our partners
*Tax benefit is subject to changes in tax laws
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
#The lumpsum benefit is calculated if policyholder invested ₹10000 monthly for 10 years in the fund with a policy term of 20 years. This Point To Point past performance data of last 10 years has been used to illustrate a scenario for the customers benefit. It is assumed that the past 10 years returns would have also been delivered in last 20 years. This is not guaranteed and not in anyway indicative of what the customer may actually get 20 years from now. The investment is subject to market risk and the risk is borne by the policyholder.

Child Plan


Child Plan


Secure your Child’s
Career Goal
Start Investing ₹10,000/Month
& Get ₹1 Crore*
*Standard T & C Apply
Insurers Offering Child Plans

Tata AIA

Aditya Birla Sun Life

Bajaj Allianz

Max Life


ICICI Prudential

Bharti AXA Life

Edelweiss Life

Kotak Life

Future Generali

PNB MetLife

SBI Life


Bandhan Life

Canara HSBC

IDBI Federal


Pramerica Life

Reliance Life

Sahara Life

Shriram Life

Star Union

View more insurers
Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
Child Plan 2

Child plans articles

Recent Articles
Popular Articles
Janani Suraksha Yojana

17 Jun 2024

The Janani Suraksha Yojana (JSY), launched in 2005, is a program
Read more
Sukanya Samriddhi Yojana Online Payment

10 Jun 2024

The Sukanya Samriddhi Yojana (SSY) is a government-backed
Read more
Sukanya Samriddhi Yojana Passbook Online

07 Jun 2024

The Sukanya Samriddhi Yojana (SSY) is a government scheme in
Read more
Pradhan Mantri Matru Vandana Yojana

06 Jun 2024

The Pradhan Mantri Matru Vandana Yojana (PMMVY), launched in
Read more
Child Education Planner

05 Feb 2024

Ensure your child's dreams come true with a Child Education
Read more
Top 12 Government Schemes for Girl Child
  • 29 Apr 2022
  • 20781
Top 12 Government Schemes for Girl Child Government schemes for the girl child are a vital aspect of social welfare
Read more
Prime Minister Schemes For Boy Child
  • 05 Apr 2022
  • 17040
The Prime Minister Schemes for Boy Child stand as an important initiative aimed at nurturing the boy child and
Read more
How to Check Post Office Sukanya Samriddhi Yojana Account Balance
  • 09 Jul 2021
  • 20300
The Sukanya Samriddhi Yojana is a savings scheme launched in the year 2015 by Prime Minister Narendra Modi under
Read more
Chief Minister Ladli Behna Yojana
  • 25 Sep 2023
  • 4381
The Ladli Behna Yojana is a Madhya Pradesh government initiative aimed at empowering women through financial
Read more
Best Child Investment Plans to Invest in 2024
  • 19 Feb 2016
  • 320458
Planning for the child’s secured future is not an easy task. Most of the people try to create a strong financial
Read more

Download the Policybazaar app
to manage all your insurance needs.