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Aviva Young Scholar by Aviva India- A Child's Ticket To Big Dreams
Two of the oldest companies of the world Aviva and Dabur came together to create Aviva Life Insurance that has long been concentrating on guarding families the way a father does. The focus of the company is the relation between a father and a child as witnessed in its social presence keeping child plans in the spotlight.
Investing in your child's future:Nothing is more important than securing your child's future
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- Aviva Young Scholar by Aviva India- A Child’s Ticket To Big Dreams
Sachin Tendulkar, former cricketer and a loving father, who has been a brand ambassador for Aviva India has been acting as an inspiration to many fathers for being responsible and good. Aviva has been encouraging good parenting skills for the society by actively organizing contests around Sachin and distributing Sachin signed merchandise as rewards.
In 2013 Aviva India had initiated a ‘What’s your big plan?’ campaign on social media as one of the important pieces of its marketing campaign for the year. In hope of helping the children to fulfill their big dreams, scholarships were given away nationwide. Providing financial support for tuition fees, college admission fund and for higher education and also to help secure a child’s future against the rising education costs are the motives of the Child Plans . How to help realize the dreams of a child with child plans is also mixed in the context.
“Aviva Young Scholar” is yet another latest contest for the Child plans of the same name that has been kicked off by the brand. Jumbled words with visuals and hints were shared on Twitter in this day long contest and Flipkart vouchers selected by random draw were given to the users with all five correct answers. The Aviva India Twitter handle was to be followed along with use of AvivaYoungScholar hashtag by the participants in their tweets.
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˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in
*All savings are provided by the insurer as per the IRDAI approved insurance
plan.
^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.
#The investment risk in the portfolio is borne by the policyholder. Life insurance is available in this product. The maturity amount of Rs 1 Cr. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 8% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance. In Unit Linked Insurance Plans, the investment risk in the investment portfolio is borne by the policyholder and the returns are not guaranteed. Maturity Value: ₹1,05,02,174 @ CARG 8%; ₹50,45,591 @ CAGR 4%
+Returns Since Inception of LIC Growth Fund
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs.
++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.