Prices Increasing soon Prices Increasing Soon

Aviva Life Insurance Introduces Aviva Income Suraksha for Defense Sector

Aviva Life Insurance, which is a private insurance company, has launched a retirement policy that is particularly designed for defense personals.  This Aviva life insurance plan is called ‘Aviva Income Suraksha’.

Gets ₹1 Cr. Life Cover at just
COVID-19 Covered
The Policybazaar Advantage
Dedicated claim support for family FREE
Upto 10% discount for buying online
Only certified experts will call you on 100% recorded lines
We are rated~
rating
6.7 Crore
Registered Consumers
51
Insurance Partners
3.4 Crore
Policies Sold

#All savings and online discounts are provided by insurers as per IRDAI approved insurance plans | Standard Terms and Conditions Apply

By clicking on "View plans" you agree to our Privacy Policy and Terms of use

~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ

Life is Unpredictable! Protect your family’s future
Get ₹1 Crore Life cover starting from ₹384/month+
+91
Secure
We don’t spam
Check Your Premium Now
Please wait. We Are Processing..
Get Updates on WhatsApp
The Policybazaar Advantage
Policybazaar Advantage Icon
Dedicated claim support for family FREE
Policybazaar team will help and support you at the time of claim. A personal claim handler from our team of experts will get in touch with you when your nominee applies for a claim on our website.
Policybazaar Advantage Icon
100% calls recorded to ensure no mis-selling
We will make sure you get what is promised by the advisors. We conduct regular monitoring of our calls to make sure you get the best experience.
Policybazaar Advantage Icon
Exclusive lifetime discount upto 5% for buying online
The discounts will be valid for the entire policy payment term and is not available if you choose to buy the insurance through offline agents.
Policybazaar Advantage Icon
Advisors available in your city
Our advisors are available in more than 55 cities across India and can help you at your doorstep in understanding the plans and in documentation.
Policybazaar Advantage Icon
Refund at the click of a button
In case you aren’t happy with your purchase, you can cancel your policy hassle-free at the click of a button. We will help you with the cancellation and refund of your policy.

The plan gives soldiers the ability to financially plan their life after retirement with much ease. It also offers additional monetary aid with a regular monthly income flow for all Aviva term insurance customers.

Aviva life insurance customized this plan for their defense channel, which was introduced last year, the channel specifically focused on the soldiers of our country.  

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

The Chief Customer, Marketing, Digital and IT Officer of Aviva Life Insurance, Anjali Malhotra, said that with Aviva Income Suraksha, they aim to financially secure the future of the defense personnel. She said that it is an effort to secure the lives of those who work relentlessly to protect us and our country. This plan is specifically designed to help them plan out a proper financial future for their increasing requirements through different phases of life as it has been customized to their particular needs, according to Anjali.

It is a flexible life insurance plan that assists the insured financially by guaranteed returns in the form of regular monthly payments.  According to Aviva Life insurance’s website, the regular payments are passed on to the family of the insured in case of the policy holder’s untimely demise.

Details of Aviva Income Suraksha plan:

Tenure

The duration of Aviva life insurance is 10 or 12 years (it depends on the choice and paying capacity of the insured).

Deferment

The deferment period is of 0, 3, or 5 years post premium paying terms, it gives customers the flexibility to adjust their inflow of guaranteed monthly income payouts with their different needs of different life stages.

Premium Payout at Maturity

This plan guarantees monthly income for 10 years for a premium paying period of 10 years (post deferment period).

It guarantees monthly income for 12 years for a premium paying term of 12 years (post deferment period).

It also has an additional age-related one- time benefit payment along with the last monthly payout.

Frequency of Premium Payment

Aviva Life Insurance offers its customers two frequencies for premium payments i.e. monthly and annually. A policy buyer can avail of any one option as per his/ her capacity and requirements. There are no extra charges on paying the premium every month and additional benefits for insured individuals paying on an annual basis. This puts the policy holder's mind at peace when it comes to the premium payment.

Aviva Life Insurance’s structured income payments and benefits after maturity are important to keep in mind as they provide a regular inflow of income for 10 to 12 years to meet the recurring expenses and provide security to the insured and his/ her family even after his/her death. The death benefits are given to the policy holder’s family after his/ her untimely demise only. Aviva life insurance also provides additional age-related one-time benefits with the last monthly payment. The terminal benefit along with the maturity amount is given on the last payment. This insurance cum savings- oriented plan's significant part is that it continues to be beneficial even after the death of the policyholder.   

This exclusive scheme for Armed forces was made to provide monetary aid for their needs and requirements and financial help for their families. It is designed to provide additional insurance coverage advice of savings and retirement planning and work opportunities for retired personnel and their family members.

Anjali further said that the defense personnel generally retire at a very early age between 38 years to 42 years that result in lower primary income for them. And with Aviva Income Suraksha, Aviva life insurance offers a solution to support the soldiers with a monetary/ financial plan to meet their life goals like education of their child, saving for their child's marriage post early retirement, whereas they find substitute source of income or employment after defense forces. Paying the premium every month will make it simple and easy for them to save in small sections or installments.  

Although this plan was made after keeping the defense forces in mind, it can be availed by anyone as it would be equally significant for other segments of customers who require supplementary income or replacement.

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

Final Words

These are the details of ‘Aviva Income Suraksha’, a scheme by Aviva Life Insurance. Any policy buyer needs to read all the documents and policy terms and conditions and get to know the whole policy much more intricately to take full benefit of the plan. Moreover, keep in mind the cases not covered in the insurance may create a hurdle in case the policyholder dies due to any such cases.


Premium By Age

Life insurance articles

  • Recent Article
  • Popular Articles
24 Apr 2024

Most Common Life Insurance Frauds in India

Life insurance fraud is a financial crime that can be committed

Read more
09 Aug 2023

What High Net Worth Individuals (HNIs) Do To...

High net worth individuals often opt for life insurance plans to

Read more
28 Jun 2023

A Review Of ICICI Prudential Life Insurance

“Policy Bazaar insurance clarified the term policy for me, so

Read more
27 Jun 2023

A Review Of HDFC Life Insurance

“I recently bought an HDFC term plan and it is the best

Read more
20 Jun 2023

Best Life Insurance Policy in India with High...

The best life insurance policy in India is a type of life

Read more
15 Dec 2021

Life Insurance for Parents in India

With the increase in the average life expectancy rate, the older population in India is on the rise. Most of the

Read more
08 Jun 2022

Life Insurance for NRI

Going beyond geographical boundaries to study or pursue a career abroad is a common aspiration for many

Read more
14 Apr 2014

Life Insurance Quotes

Life insurance quotes are the approximate premium rates for the specific life insurance policy. It helps you

Read more
26 Dec 2022

Canara Guaranteed Fortune Plan

Canara HSBC life insurance company introduces a guaranteed fortune plan that provides assured benefits to life

Read more
27 Jun 2023

A Review Of HDFC Life Insurance

“I recently bought an HDFC term plan and it is the best decision I have ever made. I feel so good knowing that

Read more
Need Help? Request Callback
top
View Plans
Close
Download the Policybazaar app
to manage all your insurance needs.
INSTALL