Aviva Signature Guaranteed Income Plan
Aviva Signature Guaranteed Income Plan
Maximise your savings and realise your future goals with a guaranteed income. With the inflation rate skyrocketing, investing your earned money to generate passive income is essential. Aviva Signature Guaranteed Income plan helps you create wealth and meet your key financial goals without any risks.
A smart step Towards Growing Your Savings Over Time!
It is a tool to generate wealth passively. Simply invest your surplus money to grow your savings over time with timely contributions for a period of your choice. This life insurance plan helps you with savings and provides financial protection to your loved ones in case of unfortunate death during the Policy Term.
Why should you buy Aviva Signature Guaranteed Income Plan
Aviva Signature Guaranteed Income Plan is that one plan which offers you both, wealth creation and financial security, with added convenience.
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Allows you to create wealth passively
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Guaranteed, long term, risk free wealth creation
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Help you choose a plan specific to your goal
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The premiums offer life covered along with no risk wealth creation
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Offers financial cushion to your family in the event of your unfortunate death
Take a step towards smart financial planning with one of the most reliable and appealing savings options the Aviva signature guaranteed income plan connect with our executives to find out more details now
Key features of Aviva signature guaranteed income plan
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Guaranteed returns through interim and lump sum payouts
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Multiple Payout Options e.g. Early Income, Deferred Income or Lump Sum
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Multiple payment options
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Guaranteed additions throughout the policy term
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Loyalty additions
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Tax benefits
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Offer both death and maturity benefit
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Policy term varies from 5- 30 years
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Entry Age ranges is from 8 to 60 years
Benefits of Aviva Signature Guaranteed Income Plan
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Financial Protection: The plan provides Death benefits to the dependants of the policyholder in the event of unfortunate death. The nominee is entitled to the death benefit only if all premium payments are complete till date of death.
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Retirement benefits: This plan offers retirement benefits to the policyholder as maturity benefit depending upon the plan option chosen and payment of all due premiums are made. The guaranteed maturity sum is paid in lump sum along with loyalty addition.
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Policy surrender option: On surrender of the policy by the policyholder, Surrender Value, if acquired, is payable where the Surrender Value will be greater than the Guaranteed Surrender Value and Special Surrender Value.
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Tax benefits: Tax benefit applicable as per prevailing tax laws. Tax laws are subject to change.
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Other Benefits: In the case of Limited Premium Policies, premiums are payable on a regular basis during the premium payment term. Non-forfeiture benefits will be applicable depending on the policy years for which premiums have been paid.
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Changes in mode of premium payment: The alteration between different modes of premium payment is allowed at any policy anniversary.
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Free Look Period: This is an option to review the policy following receipt of the policy document. The policyholder has a free look period of 15 days (30 days in the case of electronic policies and policies obtained through distance mode) from the date of receipt of the policy document to review the terms and conditions and cancel the policy.
Aviva Signature Guaranteed Income Plan options
Signature Investor
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Signature Investor provides a lump sum on the survival of the life insured till maturity
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The policy will accrue Guaranteed Additions every year from the end of 1st policy year till the end of the policy term
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The guaranteed addition would be 3% of the Guaranteed Maturity Sum Assured
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Loyalty additions at the end of the policy term(provided all due premiums have been paid)
Signature Builder
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Signature Builder provides guaranteed income over the payout period
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The Guaranteed income starts a year after the end of the policy term
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The payout period would be 10 years for a regular premium policy and 25 years for a single premium policy
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Payout is subject to the survival of the life insured and payment of all due premiums
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Note: Signature Builder plan option is not available with POS version.
Signature Moneymaker
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Guaranteed Income is payable annually from the 2nd policy anniversary till the maturity
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Lumsum payment at the time of maturity
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Payout is subject to the survival of the life insured and payment of all due premiums
Signature Saver
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Guaranteed Income is payable annually in arrears
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Payout is one year after the end of the Premium Payment Term till the maturity date
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Lumsum payment at the time of maturity
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Payout is subject to the survival of the life insured and payment of all due premiums
Eligibility
Eligibility - POS
| Plan Options | Premium Payment Term (in Years) | Policy Term (in years) | Min Age in Entry | Max Age at Entry | Minimum Annualized Premium (in Rs) | Maximum Annualized Premium (in Rs) | Min Maturity Age | Max Maturity Age |
|---|---|---|---|---|---|---|---|---|
| Signature Investor | 5 | 10 | 8 Years | 55 Years | 75,000 | 2,27,000 | 18 Years | 65 Years |
| 5 | 15 | 50 Years | 75,000 | 2,27,000 | 23 Years | |||
| 7 | 15 | 75,000 | 2,27,000 | 23 Years | ||||
| 10 | 15 | 48,000 | 2,27,000 | 23 Years | ||||
| 10 | 20 | 45 Years | 48,000 | 2,27,000 | 23 Years | |||
| Signature MoneyMaker | 10 | 15 | 18 Years | 50 Years | 48,000 | 2,27,000 | 33 Years | |
| 05 | 20 | 45 Years | 75,000 | 2,27,000 | 38 Years | |||
| 07 | 20 | 60,000 | 2,27,000 | 38 Years | ||||
| 10 | 20 | 48,000 | 2,27,000 | 38 Years | ||||
| Signature Saver | 5 | 20 | 12 Years | 45 Years | 75,000 | 2,27,000 | 32 Years | |
| 7 | 20 | 60,000 | 2,27,000 | 32 Years | ||||
| 10 | 20 | 8 Years | 48,000 | 2,27,000 | 28 Years |
Frequently Asked Questions - Aviva Signature Guaranteed Income Plan
It is a life insurance cum savings plan. It provides financial protection to your loved ones in case of unfortunate death during the Policy Term and helps you grow your wealth over time.
Investing in AVIVA Signature Guaranteed Income plan is a smart decision as it bundles the benefits of guaranteed payouts and insurance cover.
You can choose the plan option that best suits your needs:
Plan Option 1: Signature Investor
Plan Option 2: Signature Builder
Plan Option 3: Signature Moneymaker
Plan Option 4: Signature Saver
These plans offer multiple benefits and returns depending on the option chosen. In addition to this, tax benefits are applicable, which further increase your gains. You get guaranteed payouts and enjoy life cover.
You can choose the plan option that best suits your needs:
Plan Option 1: Signature Investor
Plan Option 2: Signature Builder
Plan Option 3: Signature Moneymaker
Plan Option 4: Signature Saver
These plans offer multiple benefits and returns depending on the option chosen. In addition to this, tax benefits are applicable, which further increase your gains. You get guaranteed payouts and enjoy life cover.
Along with a complete Application form, you would need:
- A photo of any one identity proof (PAN Card/Passport/Driving License)
- Income proof (a copy of the latest ITR or last three months' salary slips or Form 16)
Anyone who wants to enjoy the benefits of a guaranteed income or wishes to create a lumpsum and financial stability for his/her family in case of any unforeseen circumstances can opt for this plan.
It offers multiple benefits and the freedom to choose from 4 plan options depending on your needs, age and objectives.
We are always there to assist you
AN Jan 19/24, UIN: 122N146V03
