May 12, 2024

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Aviva Life Insurance launches Aviva Protection Plus coverage

2 min read

Aviva Life Insurance firm introduced the launch of Aviva Protection Plus, a Non-Linked Non-Participating Individual Life Insurance Savings Plan. The plan is designed not solely to offer monetary safety in case of any unexpected circumstances but in addition the maturity sum assured on surviving the coverage time period.

Aviva Protection Plus presents engaging options with Maturity Benefit of return of premiums, Enriched Protection and Savings Booster choices; and ensures that the household is monetary secured with a excessive demise sum assured, payable in case of an unlucky occasion. Additionally, the plan comes with a flexibility of single or common premium paying time period. Also, one has an possibility to select from a number of premium fee frequency modes and avail advantages like life protection upto 80 years, direct and oblique tax advantages and rebate on excessive sum assured

Vinit Kapahi, Head of Marketing mentioned, “Term insurance coverage is probably the most most well-liked selection of plan amongst individuals because it presents flexibility and affordability. In our endeavor to offer our prospects with a time period cowl and extra in only one plan, we launched Aviva Protection plus. This plan provides you the chance to pick the monetary safety most suited to your profile by a selection of the combos of the Basic and Additional Death Sum Assured in addition to Maturity Sum Assured on the inception of the coverage”

He additional added “With this launch we wished to take a stand in opposition to discrimination as this product insures males, females, and transgender lives. The thought behind our marketing campaign ‘#TermSeZyaada,’ is to attach with the shoppers‘ aspiration of getting extra advantages than they anticipate and solidify the assumption that with Aviva Protection Plus, they’ll guarantee their household is financially safe of their absence and that they get the monetary enhance they could want on survival until maturity.”

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