Aviva Life Insurance Company is a popular insurance service provider offering financial services and insurance services across India. Developed as a joint venture between Dabur group of companies and Aviva Plc, the British insurance giant, Aviva Life Insurance offers a large number of insurance plans and schemes. From fixed term protection plans to single premium plans, child insurance plans and traditional insurance plans, Aviva Life Insurance Company offers insurance plans catering to the needs of all members of the family. Aviva life insurance has been rising on the popularity graph as it has been a pioneer company offering online insurance.
Types of Aviva Life Insurance: Aviva Life insurance company has a number of insurance plans dedicated for each individual. From child plans for toddlers to savings insurance plans, retirement plans, protection plans, Aviva offers something for everyone. One of the most popular life insurance product offered by Aviva Life Insurance is the Whole Aviva Life Insurance scheme that offers a fixed amount of money upon the death of the insurer. Aviva life insurance has a dedicated term insurance plan where money is provided to dependents of the insurer upon death during the period of the contract. The endowment assurance plan developed by Aviva Life Insurance offers a fixed amount of money either on death or during the period of contract or at the expiry of the contract if the life assured is alive. Aviva has a number of Money back assurance products that not only give fixed amounts payable on specified dates during the period of contract, but also the full amount of money assured on death during the period of contract.
Applying for Aviva Life Insurance: Aviva Life Insurance Company has collaborated with financial marketplace Bankbazaar.com to offer online insurance facility. People can simply login to Bankbazaar.com and enter their details under the insurance section.The online insurance provider tool accepts the city of residence, gender details along with the date of birth and type of employment of the individual. Depending on the applicant, the tool automatically offers a list of various suitable insurance plans and their benefits. Users can choose the best suitable plan and read the reviews of other successful applicants. Users can pay their insurance premium online making insurance a hassle free experience.
Benefits and Coverage of Aviva Life Insurance: Aviva Life insurance offers a number of distinct benefits and features for its applicants. Aviva life insurance policies are designed in such a way that they offer the dual advantage of protection benefits along with savings and security. Along with life risk cover, Aviva life insurance plans offer protection against increasing health expenses and various taxation benefits. Loans are available for all Aviva Life insurance policies while growth through dividends makes Aviva life insurance policies a perfect financial planning instrument.
Aviva Life Insurance Claim Process: Aviva Life Insurance has a hassle free claim process which is clearly divided into two distinct categories of claim on maturity and claim of death. In case of claim upon the death of the insured, the nominee needs to inform the insurance branch concerned and fill the claim form along with original policy documents and death certificate of the insurer. Once the submission is made, Aviva life insurance clears the dues in a period of three to four months after verification of all documents. In case of claim upon maturity, users simply need to fill a claim or discharge form and submit with their respective Aviva life insurance branch. Once the claim is approved, the funds are transferred electronically to the bank account of the policyholder.
Life Insurance Policy Information In India 