Business Standard

Aviva Life Insurance launches an endowment plan

Product designed keeping in mind customers' need to build a long-term corpus while fulfilling short term financial needs

Related News

today launched Aviva Dhan Samruddhi, a traditional moneyback plan with guaranteed returns. The product has been designed keeping in mind to build a while fulfilling short term financial needs. Aviva Dhan Samruddhi gives a guaranteed addition of 7 to 9% per year of the annual premium, till the end of the policy term, depending upon the policy term chosen. One also gets a payback of 125% of annual premium as survival benefit every 5 years.

TR Ramachandran, MD and CEO, Aviva Life Insurance India said, "Aviva Dhan Samruddhi has been designed based on a study on consumer attitudes towards savings. The study showed that 56% Indians are not willing to take a risk on their investments and are looking for guaranteed returns. Aviva Dhan Samruddhi not only enables one to build a corpus for future financial needs, it periodically gives guaranteed money back during the policy term, so that one can continue to meet their ongoing financial requirements with ease.”

Read more on:   
|
|
|

Read More

SBI Life launches guaranteed savings plan

SBI Life Insurance has launched a guaranteed traditional savings plan, called “Smart Income Protect”. It offers tax-free regular income at the ...

Quick Links

 
 

Financial Tools

 
Image1

Crorepati Calculator

Find out your tax liabilities on your salary.

 
Image1

EMI Calculator

How much EMI you will pay on your loans.

 

Image1

Plan your retirement

How to grow your wealth before you retire.

 
Image1

Home Calculator

Fixed or Floating interest rate. Find out what suits you the best.

 
All Tools
 

Back to Top