Aviva Life 70 Lakh Term Insurance

In today’s fast-paced world, securing the financial future of your family has become a critical priority. Term insurance plans are designed to provide substantial financial protection at a reasonable cost. Among the leading options available, Aviva Life’s 70 Lakh Term Insurance Plan stands out for those seeking a significant coverage amount to ensure their family's financial stability in the event of an unfortunate incident.

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10.5 Crore Registered Consumer

5.3 Crore Policies Sold

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₹1 Crore Life cover starting from ₹478/month⁺

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What is Aviva Life 70 Lakh Term Insurance

Aviva Life 70 Lakh Term insurance is a straightforward and affordable type of life insurance. It provides a death benefit of Rs.70 Lakh to the beneficiaries if the policyholder passes away during the policy term.

Term Plans

₹1
Crore

Life Cover

@ Starting from ₹ 16/day⁺

₹50
LAKH

Life Cover

@ Starting from ₹ 8/day⁺

₹75
LAKH

Life Cover

@ Starting from ₹ 12/day⁺

What are the Key Features of Aviva Life 70 Lakh Term Insurance?

Aviva Life’s 70 Lakh Term Insurance offers several features designed to provide comprehensive financial protection:

High Coverage at Competitive Premiums: The term insurance plan offers a substantial coverage amount of ₹70 lakhs, ensuring that your family is financially secure even if you are no longer around. The premiums are competitive, making it an affordable option for most individuals.
Flexible Policy Term Options: Aviva Life offers flexibility in choosing the policy term, typically ranging from 10 to 40 years, allowing you to align the coverage with your specific financial goals and responsibilities.
Multiple Payout Options: The plan provides options for how the death benefit is paid out, whether as a lump sum, monthly income, or a combination of both, offering flexibility based on your family’s needs.

What are the Benefits of Choosing Aviva Life 70 Lakh Term Insurance?

Financial Security for Your Family: The primary benefit of this plan is the financial security it offers to your loved ones in your absence. The ₹70 lakh sum assured can help your family maintain their lifestyle, pay off debts, and achieve long-term goals like education or marriage.
Tax Benefits: Premiums paid towards this policy are eligible for tax deductions under Section 80C of the Income Tax Act, while the death benefit received is tax-free under Section 10(10D), making it a tax-efficient way to secure your family’s future.
Customizable Coverage with Riders: Aviva Life allows you to enhance the base coverage with additional riders such as Critical Illness Rider, Accidental Death Benefit, and Waiver of Premium Rider, offering comprehensive protection tailored to your needs.

Secure Your Family Future Today

₹1 CRORE

Term Plan Starting @

Get an online discount of upto 15%^#

Compare 40+ plans from 15 Insurers

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How to Choose the Right Term Insurance Plan?

Choosing the right term insurance plan involves

Assessing your financial needs
Understanding the features of different plans, and
Comparing options.

Consider factors like the coverage amount, policy term, premium affordability, and any additional riders that may enhance your coverage. Consulting with a financial advisor can help you make an informed decision that aligns with your financial goals.

What is the Process of Buying Aviva Life 70 Lakh Term Insurance?

Buying Aviva Life Insurance 70 Lakh Term Insurance is a straightforward process through Policybazaar:

Step 1: Assess Your Needs: Determine how much coverage you need based on your financial obligations, lifestyle, and future goals.
Step 2: Compare Plans: Look at different term insurance plans, considering the features, benefits, and premium costs.
Step 3: Apply Online: You can easily apply for the policy online through Aviva’s website. The process is simple and paperless, saving you time and effort.
Step 4: Medical Examination: If required, undergo the medical examination as per the insurer’s guidelines.
Step 5: Policy Issuance: Once the application and examination are complete, the policy is issued, and you are covered from the start date.

Wrapping Up

Aviva Life’s 70 Lakh Term Insurance Plan offers a robust and affordable way to ensure that your family’s financial future is secured. With its high coverage, flexible options, and additional riders, it provides a comprehensive solution tailored to your unique needs. By understanding the features and benefits, and assessing your financial goals, you can make an informed decision to protect your loved ones with this term insurance plan.

Note: You should also check the term insurance benefits if you are planning to purchase the term insurance plan.

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˜Top plans are based on annualized premium, for bookings made through https://www.policybazaar.com in FY 25.

Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in

+Rs. 487/month (Rs.16/day) is starting price for a 1 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 38 years of age.

Prices offered by the insurer are as per the approved insurance plans | #All savings and online discounts are provided by insurers as per IRDAI approved insurance plans | Standard Terms and Conditions Apply | **Tax Benefits are subject to changes in tax laws.| Policybazaar Insurance Brokers Private Limited

We will respond in the first instance within 30 minutes of the customers contacting us. 30-minute claim support service is for the purpose of giving reasonable assistance to the policyholder in pursuance of the claim. Settlement of claim (including cashless claim) is the responsibility of the insurer as per policy terms and conditions. The 30-minute claim support is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. For further details, 24x7 Claims Support Helpline can be reached out at 1800-258-5881

For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale

Policybazaar Insurance Brokers Private Limited | CIN: U74999HR2014PTC053454 | Registered Office - Plot No.119, Sector - 44, Gurgaon, Haryana – 122001 | Registration No. 742, Valid till 09/06/2027, License category- Composite Broker Visitors are hereby informed that their information submitted on the website may be shared with insurers. Product information is authentic and solely based on the information received from the insurers.

+Rs. 820/month is starting price for a 2 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 38 years of age.

+Rs. 1,443/month is starting price for a 5 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 38 years of age.

˜ Policybazaar Promise reflects the guarantee offered by insurers. Price assurance is based on certifications shared by insurers with us.