Aviva Signature Investment Plan

Eligibility Criteria for the Aviva Signature Investment Plan

Below are the key eligibility details for the plan:

Policy terms and limits vary based on the selected plan option and premium amount.

Aviva Signature Investment Plan Features

The following are the main features of the plan:

• Zero Allocation Charges: There is a zero premium allocation charge.
• GenX vs. Signature Millennial: Two signature GenX and Signature Millennial options are available.
• Several Fund Alternatives: Eight investment funds, by risk profile.
• Partial Withdrawal Facility: The plan allows partial withdrawals after the lock-in period for emergency financial needs. Aviva Life Investment Plans offer flexible solutions to meet your financial goals
• Refund of Charges at Maturity: Mortality and policy administration charges may be refunded up to 100%, depending on the premium amount.
• Future Premium Guarantee: Under the Signature Millennial option, the insurer pays future premiums in case of death.

Benefits of the Aviva Signature Investment Plan

The following benefits outline the key financial advantages and protection features offered under the plan.

1. Death Benefit

   If the life insured dies during the policy's term, the nominee receives the highest of the fund value, the sum assured, or 105% of the total premiums paid. Under the Signature Millennial option, the insurer continues paying future premiums after the policyholder’s death.

2. Maturity Benefit

   On survival until maturity, the policyholder will get the value of the fund, in addition to a percentage refund of the mortality and policy administration fees based on the premium size. Ensure a secure financial future with the best investment plans in 2026

3. Wealth Creation

   The plan offers returns that are market-based in the form of various investment funds, which allow expansion of capital over the long term.

4. Milestone Boosters

   Guaranteed milestone boosters increase the fund value from the 6th policy year at regular intervals

Policy Details of Aviva Signature Investment Plan

1. Grace Period

   A grace period of 15 days is allowed for monthly premiums and 30 days for other payment modes.

2. Revival

   A discontinued policy can be revived within three years from the date of the first unpaid premium by paying due premiums and applicable charges.

3. Free Look Period

   Policyholders are given a 30-day free look period to review and cancel the policy.

4. Surrender

   The policy may be surrendered, but the fund value is payable only after the five-year lock-in period

5. Fund Switching

   Policyholders are able to switch between available funds and change their fund allocation plans depending on their financial objectives.

6. Loan

   This policy does not offer any loan facility.

*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply

Exclusions Under The Aviva Signature Investment Plan

The following points outline the specific exclusions under the plan, highlighting the circumstances in which policy benefits may not be payable.

1. Suicidal Cover

   If death occurs due to suicide within 12 months of policy commencement or revival, the nominee receives the fund value as of the date of death.

2. Total Permanent Disability (TPD).

   This plan does not provide any particular benefit for Total Permanent Disability.