Aviva Signature 3D Term Plan - Platinum
Aviva Signature 3D Term Plan - Platinum
Your family's well-being isn’t just about today; it’s about securing their tomorrow. What if there was a plan that safeguards your health, preserves the legacy you’ve built, and shields against life’s uncertainties—allowing you to live worry-free and focus on what truly matters?
Introducing Aviva Signature 3D Term Plan – Platinum, a Non-Linked, Non-Participating Pure Risk Life Insurance Plan that goes beyond traditional financial protection. This comprehensive solution safeguards your health with the Preventive Wellness Package, ensures the legacy you’ve built, and provides peace of mind by protecting against financial liabilities. With flexible plan options and special premium rates for women and non-tobacco users, it empowers you to focus on creating a secure future for your loved ones.
Choose from two plan options to suit your needs:
- Life Protect: This option provides a uniform amount of life insurance coverage throughout the policy term.
- Credit Protect: Offers financial support for loan repayment, ensuring your family remains stress-free even during tough times.
Disclaimer: *Non-Smoker Male age: 25 years, Plan option: Life Protect, Premium payment Term: 10 Years, Policy Term: 10 Years, Sum assured / Cover: 1 Crore, Monthly Premium without GST: ₹532/- per month
Why should you buy Aviva Signature 3D Term Plan - Platinum
Aviva Signature 3D Term Plan–Platinum offers comprehensive protection and flexible options to secure your family's future.
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Complete financial protection for your family in case of the insured's death.
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Two plan options are available to suit different coverage needs.
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Option to choose from flat sum assured and reducing sum assured.
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Additional protection with riders like Accidental Casualty, Critical Illness, and Cancer Cardio.
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Option to buy the policy under MWP Act to prevent wrongful claim of life insurance monies.
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Special premium rates for female lives and non-tobacco users
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30 days to review and return the policy if not satisfied.
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Life coverage up to 80 years of age.
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Flexible premium payment modes: Single, Yearly, Half-Yearly, Quarterly, or Monthly.
Benefits of Aviva Signature 3D Term Plan - Platinum
Terms & Conditions of Aviva Signature 3D Term Plan - Platinum
Features of Aviva Signature 3D Term Plan - Platinum
Aviva Signature 3D Term Plan - Platinum options
Life Protect
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This option provides a uniform amount of life insurance coverage throughout the policy term.
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If the insured person passes away during the policy term, the full Base Sum Assured is paid, and the policy ends.
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If the insured survives till the end of the policy term, no payout is made.
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With this term insurance option, the policyholder can choose from the following riders:<br> 1. Aviva Accidental Casualty Non-Linked Rider<br> 2. Aviva New Critical Illness Non-Linked Rider<br> 3. Aviva Cancer Cardio Non-Linked Rider
Credit Protect
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Helps cover loan repayments in case the insured passes away during the policy term.
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The death benefit reduces every year as per a pre-decided schedule (Sum at Risk Schedule).
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The schedule calculates the benefits at a fixed 11% yearly interest rate, irrespective of the actual loan repayment terms.
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If the insured passes away, the benefit for that year (as per the schedule) is paid, and the policy ends.
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If the insured survives till the end of the policy term, no payout is made.
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No riders are available under this option
Eligibility
| Premium Payment Term | ||
|---|---|---|
Eligibility
Aviva Signature 3D Term Plan - Platinum options
Life Protect
-
This option provides a uniform amount of life insurance coverage throughout the policy term.
-
If the insured person passes away during the policy term, the full Base Sum Assured is paid, and the policy ends.
-
If the insured survives till the end of the policy term, no payout is made.
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With this term insurance option, the policyholder can choose from the following riders:
1. Aviva Accidental Casualty Non-Linked Rider
2. Aviva New Critical Illness Non-Linked Rider
3. Aviva Cancer Cardio Non-Linked Rider
Credit Protect
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Helps cover loan repayments in case the insured passes away during the policy term.
-
The death benefit reduces every year as per a pre-decided schedule (Sum at Risk Schedule).
-
The schedule calculates the benefits at a fixed 11% yearly interest rate, irrespective of the actual loan repayment terms.
-
If the insured passes away, the benefit for that year (as per the schedule) is paid, and the policy ends.
-
If the insured survives till the end of the policy term, no payout is made.
-
No riders are available under this option
Eligibility
| Criteria | Life Protect | Credit Protect |
|---|---|---|
| Minimum Sum Assured Base Plan | Rs. 30 Lakh | |
| Maximum Sum Assured Base Plan |
Rs. 5 Crore per life subject to Board approved Underwriting Policy |
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| The Base Sum Assured (BSA) shall be offered in following multiplies: |
a) BSA from Rs. 30 Lakh to Rs. 40 Lakh (in multiples of 1 Lakh) b) BSA Above Rs. 40 Lakh to Rs. 75 Lakh (in multiples of 5 Lakh) c) BSA Above Rs. 75 Lakh (in multiplies of 25 Lakh) |
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| Minimum Entry Age | 25 Years Last Birthday | |
| Maximum Entry Age | 60 Years last birthday | 50 Years last birthday |
| Minimum Maturity Age |
Single Premium: 30 Years last birthday Regular / Limited Premium: 35 Years Last Birthday |
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| Maximum Maturity Age | 80 Years last birthday | 70 Years last birthday |
| Minimum Policy Term |
Single Premium: 5 Years Regular Premium: 10 Years Limited Premium: 10/15/20/25 Years |
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| Premium Payment Term (Years) | Regular -10/ Limited Pay-5/10/15/20 | Regular-10 / Single Pay / Limited Pay-5/10/15 |
| Maximum Policy Term |
Life Protect: 40 Years Credit Protect: 30 Years |
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| Premium Payment Mode | Single / Yearly / Half-Yearly / Quartely and Monthly | |
FAQs - Aviva Signature 3D Term Plan - Platinum
The best time to buy a term insurance plan from any life insurance policy company is as early as possible. Doing so helps you lock in lower premiums while providing long-term financial security for your loved ones throughout the chosen policy term.
The Aviva Signature 3D Term Plan - Platinum offers two options for financial protection: Life Protect and Credit Protect. These term insurance options provide different benefits based on the life insured's circumstances.
Life Protect:
If the insured person passes away during the policy term and all premiums are paid, the plan will pay a lump sum amount (Base Sum Assured) to the nominee. If the insured survives the policy term, no payout is made.
Death Benefit: The death benefit will not be less than 7 times the Annualized Premium*, for regular/limited premium policy subject to a minimum of 105% of Total Premiums Paid till date of death. In case of death of the life insured during the policy year the due unpaid premium up to the next policy anniversary shall be deducted from the Death Benefit.
Credit Protect:
This term life insurance plan helps cover loan repayments if the insured passes away. The payout is based on a Sum at Risk Schedule that reduces each year, matching the decreasing loan balance.
Death Benefit: The minimum death benefit other than single premium policy will not be less than 105% of Total Premiums Paid till date of death. In case of death of the life insured during the policy year the due unpaid premium up to the next policy anniversary shall be deducted from the Death Benefit.
Life Protect:
If the insured person passes away during the policy term and all premiums are paid, the plan will pay a lump sum amount (Base Sum Assured) to the nominee. If the insured survives the policy term, no payout is made.
Death Benefit: The death benefit will not be less than 7 times the Annualized Premium*, for regular/limited premium policy subject to a minimum of 105% of Total Premiums Paid till date of death. In case of death of the life insured during the policy year the due unpaid premium up to the next policy anniversary shall be deducted from the Death Benefit.
Credit Protect:
This term life insurance plan helps cover loan repayments if the insured passes away. The payout is based on a Sum at Risk Schedule that reduces each year, matching the decreasing loan balance.
Death Benefit: The minimum death benefit other than single premium policy will not be less than 105% of Total Premiums Paid till date of death. In case of death of the life insured during the policy year the due unpaid premium up to the next policy anniversary shall be deducted from the Death Benefit.
Your life cover should be based on your current annual income. As a general rule, it’s recommended to choose a life cover that is at least 20 times your annual income.
Your policy term should be the number of years until your retirement. This assumes that by then, you’ll have cleared all your financial responsibilities. If you're unsure about your retirement age, you can choose a Whole Life option instead.
Alternatively, you can pick a policy term that suits your budget and premium preferences.
To apply for the Aviva Term Insurance Plan, you will need to provide the following documents:
• Proof of Identity/Address (such as an Aadhaar card, PAN card, driving license, voter ID, or passport)
• Proof of Income (like salary slips, income tax returns, or bank statements)
• A recent passport-sized photograph
For the Aviva Term Plan, you can buy the plan if you're at least 25 years old. The maximum age is 60 years for Life Protect and 50 years for Credit Protect.
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AN Dec 37/24, UIN: 122N153V01
