|
|
|
|
|
|
|
Insurance Company
|
Aviva Life Insurance Company Ltd
|
|
Plan Name
|
Aviva Pension Elite
|
|
Plan Nature
|
ULIP
|
|
Plan Category
|
Pension
|
|
UIN No.
|
122L062V01
|
|
About Plan
|
It is a unit-linked pension plan that comes with flexible investment options, to build a retirement kitty that will provide a regular income, even after you stop earning. Aviva Pension Elite also offers a Sum Assured, in addition to your fund value, as eath benefit. Based on your need, you can choose from 4 fund options, indexation to combat inflation and the opportunity to reconsider your retirement age during the policy term.
|
|
|
|
|
|
|
|
Minimum Entry Age
|
18Years
|
|
Maximum Entry Age
|
60Years
|
|
Minimum Maturity Age
|
40Years
|
|
Maximum Maturity Age
|
70Years
|
|
Maximum Sum Assured
|
Rs.25000(Fixed)
|
|
|
|
|
|
|
|
|
|
Benefits
|
|
|
| Particulars | Description |
|
Maturity Benefits
|
This plan offers you loyalty additions on the total fundvalue, as on the date of maturity.
|
|
Death Benefits
|
In case of unfortunate death, the nominee will receiveSum Assured (Rs. 25,000) plus the fund value pertaining toregular premiums along with top-up premiums (if any).
|
|
Additional Benefits
|
Loyalty additionObtain superior maturity proceeds with loyalty additions, ranging from 1% to 4% of the Fund Value, pertaining to regular premiums.
|
|
Surrender Benefit
|
You have the option to fully surrender the policy, whereby the surrender value will be paid to you after deducting applicable surrender charge and the policy will terminate. If surrender is made within the first 3 policy years, the surrender value will be paid after completion of 3 policy years. There are no surrender charges if more than 5 policyyears' premiums are paid.
|
|
|
|
Tax Benefits
|
|
|
| Section | Description |
|
SEC 80 C
|
Under Section 80 C premiums up to Rs. 100,000 are allowed as deduction from taxable income.
|
|
SEC 10 (10)D
|
Maturity and Death Benefits are tax free under section 10 (10) D of the Income Tax Act, 1961.
|
|
|
|
|
|
|
|
|
|
|
|
Premium allocation: Ensure high growth on your investment, as a high amount of the premium paid is invested in the funds chosen by you.
|
|
Depending on your need, you can revise your vesting age, i.e extend or reduce the policy term, once during the policy term.
|
|
Choose from 4 unit-linked funds Pension Index, Pension Growth, Pension Balanced and Pension Protector Fund depending on your investment objectives.
|
|
Enhance your investments through top-up premiums, with 100% allocation into selected funds.
|
|
Aviva Pension Elite is a unit-linked pension plan that comes with flexible investment options, to build a retirement corpus that will provide regular income, even after you stop earning. Aviva Pension Elite also offers a sum assured, in addition to your fund value, as death benefit. Based on your need, you can choose from 4 fund options, indexation to combat inflation and the opportunity to reconsider your retirement age during the policy term.
|
|
|
|
|
|
|
|
|
|
Pension Balanced Fund (Post 31-July-2006)
|
|
Pension Balanced Fund II (Post 31-Dec-2009)
|
|
Pension Growth Fund (Post 31-July-2006)
|
|
Pension Growth Fund II (Post 31-Dec-2009)
|
|
Pension Index Fund (Post 31-July-2006)
|
|
Pension Index Fund II (Post 31-Dec-2009)
|
|
Pension Infrastructure Fund II (Post 31-Dec-2009)
|
|
Pension Protector (Post 31-July-2006)
|
|
Pension Protector Fund II (Post 31-Dec-2009)
|
|
Pension PSU Fund II (Post 31-Dec-2009)
|
|
|
|
Particulars
|
Range
|
|
Pension Balanced Fund (Post 31-July-2006)
|
|
Government & Other Debt Securities
|
50% - 90%
|
|
Equity
|
0% - 45%
|
|
Cash & Money Market
|
0% - 40%
|
|
Pension Balanced Fund II (Post 31-Dec-2009)
|
|
Equity
|
0% - 40%
|
|
Debt & Money Market
|
0% - 60%
|
|
Pension Growth Fund (Post 31-July-2006)
|
|
Cash & Money Market
|
0% - 40%
|
|
Equities
|
20% - 60%
|
|
Pension Growth Fund II (Post 31-Dec-2009)
|
|
Equity
|
20% - 60%
|
|
Debt & Money Market
|
0% - 40%
|
|
Pension Index Fund (Post 31-July-2006)
|
|
Debt & Money Market
|
0% - 20%
|
|
Equities
|
80% - 100%
|
|
Pension Index Fund II (Post 31-Dec-2009)
|
|
Debt & Money Market
|
0% - 20%
|
|
Equity
|
80% - 100%
|
|
Pension Infrastructure Fund II (Post 31-Dec-2009)
|
|
Debt & Money Market
|
0% - 40%
|
|
Equity
|
60% - 100%
|
|
Pension Protector (Post 31-July-2006)
|
|
Debt securities
|
60% - 100%
|
|
Money Market
|
0% - 40%
|
|
Equities
|
0% - 20%
|
|
Pension Protector Fund II (Post 31-Dec-2009)
|
|
Equity
|
0% - 20%
|
|
Debt & Money Market
|
0% - 80%
|
|
Pension PSU Fund II (Post 31-Dec-2009)
|
|
Cash and Money Market Instruments
|
0% - 40%
|
|
Equity
|
60% - 100%
|
|
|
|
|
|
|
|
|
|
|
Pension Balanced Fund (Post 31-July-2006)
|
18-Jun-13
|
32.884
|
|
Pension Growth Fund (Post 31-July-2006)
|
18-Jun-13
|
20.856
|
|
Pension Index Fund (31-July-2006)
|
18-Jun-13
|
12.131
|
|
Pension Protector Fund (Post 31-July-2006)
|
18-Jun-13
|
14.79
|
|
|
|
|
|
|
|
|
|
|
Pension Balanced Fund (Post 31-July-2006)
|
|
Pension Balanced Fund II (Post 31-Dec-2009)
|
|
Pension Growth Fund (Post 31-July-2006)
|
|
Pension Growth Fund II (Post 31-Dec-2009)
|
|
Pension Index Fund (Post 31-July-2006)
|
|
Pension Index Fund II (Post 31-Dec-2009)
|
|
Pension Infrastructure Fund II (Post 31-Dec-2009)
|
|
Pension Protector (Post 31-July-2006)
|
|
Pension Protector Fund II (Post 31-Dec-2009)
|
|
Pension PSU Fund II (Post 31-Dec-2009)
|
|
|
|
|
|
|
|
|
06-Jul-09
09:12
|
Aviva is keen on raising FDI to 49%
|
|
06-Mar-09
12:12
|
Aviva reaffirms India investment plans
|
|
03-Mar-09
18:59
|
Aviva launches LifeShield Plus
|
|
13-Feb-09
11:00
|
Capital infusion plan by middle of 2009 : Aviva CEO
|
|
12-Feb-09
10:26
|
Aviva life launches child plan Aviva Young Scholar
|
|
20-Jan-09
12:50
|
Private insurers see market share rise to 62%
|
|
16-Dec-08
10:26
|
Sales growth to be flat in December quarter: Aviva
|
|
29-Sep-08
10:59
|
TR Ramachandran as new CEO of Aviva India Life Insurance.
|
|
24-Jul-08
17:29
|
Aviva strengthens product portfolio for traditional plans
|
|
14-Mar-08
15:10
|
Aviva and BASIX together launch unique group term plan - Sangh Samruddhi
|
|
|
|
|
View another Plan
|
|
|
|
|
Insurance Company
|
|
|
|
|
Solution for
|
|
|
|
|
Type
|
|
|
|
|
Category
|
|
|
|
|
Plan
|
|
|
|
|
|
|