Bonus rates for Aviva Secure Pension Plan

The table below shows the Bonus rates declared for Aviva Secure Pension Plan from inception. You can use this to calculate the Aviva Secure Pension Plan Maturity Value. The vested simple reversionary bonus rates are per 1,000 Sum Assured.

In case you have a plan with Sum Assured of Rs. 5,00,000 - Use the values in the table as following:

Bonus Value = Sum Assured / 1000 x Bonus Rate = 5,00,000 / 1,000 x Bonus Rate

Simple Reversionary Bonus

The bonus declared every year from the 4th Policy Year onwards based on Aviva life experience, and which shall vest in the Policy.
 

Year	Bonus Rate (Per 1000 Sum Assured)
2019	35
2018	35
2017	30
2016	30
2015	30
2014	30
2013	30
2012	30

 

Guaranteed Additions (GA)

An amount of Rs.30 per Rs.1000 Sum Assured for every completed Policy Year, which will vest in the Policy for the first three Policy Years, provided there is no outstanding payment of Regular Premium due.
 

Terminal Bonus

This is a bonus which is paid at the time of maturity or death. It is a reward for continuing with the policy for a certain number of years. It is a one-time bonus which you get at the end of the policy. 
 

Year	Policy Year of Exit	Bonus Rate (Per 1000 Sum Assured)
2019	6	120
	7	120
	8	140
	9	140
	10	160
	11	160
	12	180
2018	6	120
	7	120
	8	140
	9	140
	10	160
	11	160
2017	All	90

Maturity Value

So to get to the Aviva Secure Pension Plan, you have to add all of the following - Sum Assured + Guaranteed Additions + Simple Reversionary Bonus + Any special bonus + Terminal Bonus

Do let us know in case you need any further information on the bonus rates for this plan or in calculating the returns for your Aviva Secure Pension Plan 

Please contact the Aviva Life office for exact details of the bonus which has accrued in your plan.

You can read know more about the plan and it’s working here -  Aviva Life Secure Pension Plan Review.