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Aviva Life Shield Plus

Sample Premiums for this plan
Sample illustration of premium amount in Aviva Life Shield Plus Policy
50 Lakhs Cover
8438
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Income Tax Benefit 
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Maturity Benefit
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Death Benefit

Aviva Life Shield Plus is a pure term insurance cover which offers high coverage at low premium amounts. No money would be returned to the policyholder in case they survive the term of the policy.

Compare this plan with other Term Plans

Aviva Life Shield Plus - Key Features

High levels of cover
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  • The plan offers high levels of cover at lower premiums.
  • You get discounts on premiums if the sum assured is higher than 25 lakhs...

Aviva Life Shield Plus - Benefits

Death Benefit

The nominee would get entire coverage amount (sum assured) in case of death of the policy holder 

 

 

Maturity Benefit

Since this is a term insurance plan, there are no maturity benefits. You will not receive any amount if you survive the term of th...

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. The death benefit y...

Riders

Accidenal Death Benefit and Aviva Dread Disease Riders are available for regular premium paying policies. The riders are not available with Single ...

Eligibility conditions and restrictions in Aviva Life Shield Plus Policy

  Minimum Maximum
Sum Assured (in Rs.) 10 lakhs No Limit
Policy Term (in years) 10 30
Premium Payment Term (in years) Same as Policy Term
Entry Age of Policyholder (in years) 18 55
Age at Maturity (in years) 28 65
Regular premium (in Rs.) 2,000 No Limit
Payment modes Yearly, Half-Yearly, Quarterly and Monthly & Single