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Aviva Dhan Vriddhi

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Aviva Dhan Vriddhi Plan


Aviva Dhan Vriddhi Plan is a Traditional Money Back Plan without Bonus Facility.


In this plan, the premium needs to be paid till the end of the Premium Paying Term. Premium Paying Term is 5 years less than the Policy Term. So premium does not need to be paid for the last 5 years of the Policy Tenure.


This plan being a Money Back Plan, 20% of the Sum Assured is paid every 5 years as Survival Benefit. The remaining amount of the Sum Assured along with Guaranteed Additions is paid as Maturity Benefit after the policy tenure is over.


However, if the Life Insured dies within the policy tenure, the nominee would receive the entire Sum Assured as Death Benefit, irrespective of the Survival Benefit already paid.


This plan has Guaranteed Additions of 7% of the Sum Assured which is paid till the end of the Policy Term. This plan also has 5 additional riders.



Key Features of Aviva Dhan Vriddhi Plan


·         This is a Traditional Money Back Plan with without Bonus facility

·         Premium Paying Term is 5 years less than the Policy Term.

·         There is a Survival Benefit of 20% of the Sum Assured that is paid every years

·         This Policy offers a Guaranteed Addition of 7% of the Sum Assured till the end of the Policy Term.

·         The full Sum Assured + Guaranteed Addition is paid as Death Benefit irrespective of the Survival Benefit paid.

·         There are 5 additional riders in this plan

·         There is a Large Sum Assured rebate offered in this plan



Benefits you get from Aviva Dhan Vriddhi Plan


Death Benefit – In case of death of the Life Insured, the nominee would get the full Sum Assured irrespective of the amount of amount of Survival Benefit already paid.


Survival Benefit – In this plan, 20% of the Sum Assured is paid as Survival Benefit at the end of every 5 years.


Maturity Benefit – On maturity, the remaining Sum Assured + Guaranteed Additions are paid as Maturity Benefit.


Income Tax Benefit - Life Insurance premiums paid up to Rs. 1,00,000 are allowed as a deduction from the taxable income each year under section 80C



Eligibility conditions and other restrictions in Aviva Dhan Vriddhi Plan





Sum Assured (in Rs.)


No Limit

Policy Term (in years)



Premium Payment Term (in years)

Policy Term – 5 years

Entry Age of Policyholder



Age at Maturity



Premium (in Rs.)


No Limit

Payment modes

Yearly, Half-yearly, Quarterly and Monthly (ECS Only)



Sample illustration of Premium for Aviva Dhan Vriddhi Plan


Age = 25, 35 and 45 years

Sum Assured = Rs 1,00,000

Policy Term = 20 years

Premium Paying Term = Regular Pay

Aviva Dhan Vriddhi Sample Premiums


Additional Features and Benefits of Aviva Dhan Vriddhi Plan


Riders – There are 5 additional riders available in this policy

1.     Accidental Death Benefit rider

2.     Dread Disease Rider

3.     Term Plus Rider

4.     Child Education rider

5.     Health Guard Rider



What happens if?


You stop paying the premium – If you stop paying the premiums, the policy would lapse and all benefits would cease. Then the policyholder would have an option to convert the plan into a Paid Up Policy if at least 3 years’ premiums have been paid and continue the life coverage for a Reduced Sum Assured. The policy can also be revived within 2 years from the date of first unpaid premium.


You want to surrender the policy – There is a Guaranteed Surrender Value after 3 policy years
Guaranteed Surrender Value = 30% of all premiums paid – 1st year’s premium

There is Special Surrender Value in this plan as well.


You want a loan against your policy – Loan facility is not available under this policy.



Alternate Money Back Plans from different insurance companies


Bajaj Allianz Super Cash Gain

LIC Money Back 20 Years

Reliance Life Cash Flow Plan



Other Savings Plans from Aviva Life Insurance


Aviva Money Back Plan

Aviva Dhan Varsha 

Compare MoneyBack Plans

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