Aviva Signature 3D Term Plan

It offers a payout to your family in case of your untimely death, covers you in case of permanent disability that affects your ability to earn, and also provides a lump sum amount if you're diagnosed with any of the covered critical illnesses.

Key Features of Aviva Signature 3D Term Plan

Aviva Term Plan offers a range of features designed to empower policyholders with enhanced protection and flexibility.

• 4 Plan Options to Choose From

  Aviva Signature 3D Term Plan offers four plan options to suit different needs:

  • 3D Pure Term (lump-sum death benefit)

  • 3D Family Plus (lump sum + increasing monthly payouts for 10 years)

  • 3D Accelerated (terminal illness benefit of 50% of sum assured, with premium waiver)

  • 3D TROP (Return of Premium on survival to term)

• Customizable Payout Options
  Choose how your family receives the benefit: as a lump sum, monthly income, increasing income, or a combination of these, based on your needs.

• Return of Premium Option
  If you survive the policy term, you can opt to receive 100% of total premiums paid (excluding taxes and extra charges), offering peace of mind even without a claim.

• Optional Riders for Enhanced Coverage
  Add-on riders like Critical Illness, Accidental Death, and Cancer + Heart Protection allow you to increase your plan's protection affordably.

• Special Benefits for Women & Non-Smokers
  If you're a woman or a non-tobacco user, you can enjoy lower term insurance premium rates, making the plan more cost-effective for healthier lifestyles.

• Smart Exit Option

  Aviva Signature 3D Term Plan now offers the Smart Exit option, giving policyholders flexibility to exit the plan at a defined age while retaining value:

  • Regular Pay: Available once after the insured attains age 60, for policies with a minimum 45-year term and maturity between 73–80 years. This option cannot be attained if the life assured has attained 61 years or more.

  • Limited Pay (5,10 years): This option can be taken by people between the ages of 60 and 64 for policies with a minimum 30-year term and maturity between 73 and 80.

  • Limited Pay (15 years): This option can be taken by people between the ages of 60 and 64 for policies with a minimum 35-year term and maturity between 73 and 80

• Option to Delay 12 Months Premium
  This option allows policyholders to defer premiums for 12 months after completing 5 policy years without additional charges or interest. This option can be availed multiple times with a 5-year gap, providing flexibility in financial planning.

Eligibility Criteria of Aviva Signature 3D Term Plan

Aviva Signature 3D Term Plan- Plan Options

Aviva Signature 3D Term plan offered by Aviva Life Insurance comes with four plan options:

1. 3D Pure Term

   • It provides a lump sum payment of the Base Sum Assured to the nominee in case of the life insured's death.

   • The policy will terminate once the benefits are paid

   • No benefits are paid if the life insured survives the policy term.

2. 3D Accelerated

   • There is an in-built accelerated Terminal Illness benefit. If the life insured is diagnosed with a terminal illness, 50% of the Base Sum Assured or Rs 1 crore(whichever is lower) is paid immediately.

   • All future premiums are waived after this claim.

   • In case of subsequent death, the remaining amount of the Base Sum Assured (after deducting the terminal illness payout) is paid.

   • No maturity benefit is payable if the insured survives.

3. 3D Family Plus

   • This option is designed to provide long-term financial support to the family after the policyholder's death.

   • On death, the nominee receives a lump sum Base Sum Assured.

   • In addition, Regular Monthly Payouts are paid for 10 years (120 months).

   • The first 12 monthly payouts are 0.25% of the Base Sum Assured, which increases by 8% per year, compounded annually.

   • No maturity benefit is payable if the policyholder survives the term.

4. 3D TROP (Term Return of Premium)

   This is a life cover + savings option.

   • The entire Base Sum Assured is paid to the nominee on death during the term.

   • If the life insured survives till maturity, 100% of the Total Premiums Paid (excluding taxes and extra premiums) are returned.

   • Minimum sum assured for this option is ₹50.50 lakh.

Riders Available with Aviva Signature 3D Term Plan

To enhance your coverage of Aviva Signature 3D Term Plan, you can add the below Term Insurance riders: 

1. Aviva Accidental Casualty Non-Linked Rider

   This rider provides an additional payout if the life insured dies from an accident.

   • Available with all plan options (Regular or Limited Premium).

   • Rider Sum Assured is payable on accidental death during the rider term.

   • Maximum Rider Sum Assured: ₹50 lakh (subject to base cover)

2. Aviva New Critical Illness Non-Linked Rider

   The rider covers more than 45+ critical illnesses. The rider is available with Regular Premium Policy of 3D - Pure Term / 3D - Accelerated / 3D - Family Plus options only

   The illnesses covered under the rider are: 

   1. Cancer of Specified Severity

   2. Myocardial Infarction (First Heart Attack of Specific Severity)

   3. Open Chest CABG

   4. Open Heart Replacement or Repair of Heart Valves

   5. Coma of Specified Severity

   6. Kidney Failure Requiring Regular Dialysis

   7. Stroke Resulting in Permanent Symptoms

   8. Major Organ / Bone Marrow Transplant

   9. Permanent Paralysis of Limbs

   10. Motor Neuron Disease with Permanent Symptoms

   11. Multiple Sclerosis with Persisting Symptoms

   12. Benign Brain Tumor

   13. Blindness

   14. Deafness

   15. End-Stage Lung Failure

   16. End Stage Liver Failure

   17. Loss of Limbs

   18. Major Head Trauma

   19. Primary (Idiopathic) Pulmonary Hypertension

   20. Third Degree Burns

   21. Aplastic Anaemia

   22. Medullary Cystic Disease

   23. Parkinson's Disease

   24. Apallic Syndrome

   25. Major Surgery of the Aorta

   26. Fulminant Viral Hepatitis – resulting in acute liver failure

   27. Cardiomyopathy

   28. Muscular Dystrophy

   29. Poliomyelitis – resulting in paralysis

   30. Chronic Recurring Pancreatitis

   31. Bacterial Meningitis – resulting in persistent symptoms

   32. Loss of Independent Existence

   33. Alzheimer's Disease (before age 65) – requiring constant supervision

   34. Chronic Adrenocortical Insufficiency (Addison’s Disease)

   35. Sporadic Creutzfeldt-Jakob Disease (sCJD)

   36. Acute Viral Encephalitis – resulting in persistent symptoms

   37. Necrotising Fasciitis

   38. Severe Rheumatoid Arthritis

   39. Systemic Lupus Erythematosus – with involvement of heart, kidneys or brain

   40. Systemic Sclerosis (Scleroderma) – with organ involvement

   41. Amputation of Feet Due to Complications from Diabetes

   42. Myasthenia Gravis

   43. Infective Endocarditis

   44. Pheochromocytoma

   45. Eisenmenger's Syndrome

   46. Severe Ulcerative Colitis

   47. Crohn's Disease

   48. Loss of Speech

   49. Amyotrophic Lateral Sclerosis (Lou Gehrig’s Disease)

3. Aviva Cancer Cardio Non-Linked Rider

   The rider provides specialised protection for cancer and major heart conditions. The rider covers Cancer of Specified Severity and Myocardial Infarction (First Heart Attack). The rider is available with Regular Premium under 3D Pure Term, 3D Family Plus and 3D Accelerated. The rider cannot be combined with the Critical Illness Rider.

4. Option to Delay 12 Months Premium (Free Rider)

   • Allows you to defer premiums for 12 months after completing 5 policy years.

   • No additional premium or interest is charged.

   • Can be availed multiple times with a gap of 5 years.

   • Provides flexibility in premium payments without affecting coverage.

What are the Exclusions of the Aviva 3D Term Plan?

Suicide Clause: If the life insured dies by suicide within 12 months from the policy start date or from the date of policy revival (whichever is later), the nominee will receive the higher of the following:

• 80% of the total premiums paid to date of death, or

• The surrender value available on the date of death,

provided the policy was active at the time of death.

How to Buy Aviva Term Plan from Policybazaar?

You can buy this life insurance policy easily through Policybazaar. Follow these steps:

Step 1: Visit the Term Insurance Page.

Step 2: Fill in your basic details like name, mobile number, and email ID.

Step 3: Provide information such as smoking status, annual income, occupation, and education level, then click 'View Plans'.

Step 4: Select Aviva Term Plan from the displayed plans list

Step 5: Enter your full name, email ID, income details, and additional demographic information like city, pincode, and nationality.

Step 6: Choose your preferred plan option, coverage amount, and policy term.

Step 7: Pay the premium online, and your policy issuance process will begin

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