|
|
|
|
|
|
|
Insurance Company
|
Aviva Life Insurance Company Ltd
|
|
Plan Name
|
Aviva Young Scholar Advantage
|
|
Plan Nature
|
ULIP
|
|
Plan Category
|
Child Plan
|
|
UIN No.
|
122L085V01
|
|
About Plan
|
It is a non-participating unit-linked regular premium payment plan that has been specially designed keeping in mind your specific as a parent.
|
|
|
|
|
|
|
|
Minimum Entry Age
|
21years
|
|
Maximum Entry Age
|
50years
|
|
Minimum Maturity Age
|
10-25years
|
|
Maximum Maturity Age
|
70years
|
|
Minimum Premium
|
Rs.20000
|
|
Maximum Premium
|
No Limit
|
|
Minimum Sum Assured
|
10*Annual Premium, Whichever is higher
|
|
Maximum Sum Assured
|
10*Annual Premium, Whichever is higher
|
|
|
|
|
|
|
|
|
|
Benefits
|
|
|
| Particulars | Description |
|
Maturity Benefits
|
If you are alive till maturity, we will pay you the value of units pertaining to regular premium and top-up premium plus Loyalty Addition, if any, as on the maturity date.
|
|
Death Benefits
|
:In case of unfortunate death kof life insured during the term of the policy and subject to the condition that all due premiums have been paid.It base Sum Assured will be paid immediately along with the Top-up Sum Assured.
|
|
Partial Withdrawal Benefit
|
This plan addresses any liquidity concerns you may have by allowing you to withdraw money from your fund without complete withdrawal of your policy. You may make upto 4 Partial Withdrawals in a policy year, with the minimum withdrawal will amount being Rs.5000.
|
|
|
|
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.
|
|
|
|
|
|
|
|
|
|
|
|
Comprehensive Health Benefit (CHB) Rider [122C007V01]
|
|
Aviva Term Plus Rider [122B017V01]
|
|
|
|
|
|
|
|
|
|
Specially designed Death Benefit that offers complete protection to your child on your unfortunate death by.paying Sum Assured to address immediate financial concerns.Paying all the future premiums excluding rider premium into your fund,to ensure that all the monies you planned for are available to your child even when you are not around. Continuing the policy wit all the investment benefits itact for your child till maturity.
|
|
Choice of 8unit-linked funds depending on your investment objectives and also investment flexibility through the Systamatic Transfer Plan and Automatic Asset Allocation.100% allocation on Top-up premiums.
|
|
|
|
|
|
|
|
|
|
Balanced Fund II (Post 31-Dec-2009)
|
|
Bond Fund II (Post 31-Dec-2009)
|
|
Discontinuance Policy Fund
|
|
Dynamic P/E Fund
|
|
Enhancer Fund II (Post 31-Dec-2009)
|
|
Growth Fund II (Post 31-Dec-2009)
|
|
Index Fund II (Post 31-Dec-2009)
|
|
Infrastructure Fund (Post 31-Dec-2009)
|
|
Protector Fund II (Post 31-Dec-2009)
|
|
PSU Fund (Post 31-Dec-2009)
|
|
|
|
Particulars
|
Range
|
|
Balanced Fund II (Post 31-Dec-2009)
|
|
Equity
|
0% - 40%
|
|
Debt & Money Market
|
0% - 60%
|
|
Bond Fund II (Post 31-Dec-2009)
|
|
Debt & Money Market
|
0% - 100%
|
|
Dynamic P/E Fund
|
|
Equity
|
0% - 100%
|
|
Debt
|
0% - 100%
|
|
Enhancer Fund II (Post 31-Dec-2009)
|
|
Debt & Money Market
|
0% - 40%
|
|
Equity
|
60% - 100%
|
|
Growth Fund II (Post 31-Dec-2009)
|
|
Equity
|
0% - 30%
|
|
Debt & Money Markey
|
0% - 70%
|
|
Index Fund II (Post 31-Dec-2009)
|
|
Dept & Money Market
|
0% - 40%
|
|
Infrastructure Fund (Post 31-Dec-2009)
|
|
Cash & Money Market
|
0% - 40%
|
|
Equity
|
0% - 60%
|
|
|
|
|
|
|
|
|
|
|
Balanced Fund II
|
18-Jun-13
|
12.5
|
|
Bond Fund II
|
18-Jun-13
|
13.774
|
|
Dynamic P/E Fund
|
18-Jun-13
|
10.579
|
|
Enhancer Fund II
|
18-Jun-13
|
11.836
|
|
Growth Fund II
|
18-Jun-13
|
11.212
|
|
Index Fund II
|
18-Jun-13
|
11.095
|
|
Infrastructure Fund
|
18-Jun-13
|
7.66
|
|
Protector Fund II
|
18-Jun-13
|
13.032
|
|
PSU Fund
|
18-Jun-13
|
8.144
|
|
Discontinuance Policy Fund
|
30-Dec-11
|
10.642
|
|
|
|
|
|
|
|
|
|
|
Balanced Fund II (Post 31-Dec-2009)
|
|
Bond Fund II (Post 31-Dec-2009)
|
|
Discontinuance Policy Fund
|
|
Dynamic P/E Fund
|
|
Enhancer Fund II (Post 31-Dec-2009)
|
|
Growth Fund II (Post 31-Dec-2009)
|
|
Index Fund II (Post 31-Dec-2009)
|
|
Infrastructure Fund (Post 31-Dec-2009)
|
|
Protector Fund II (Post 31-Dec-2009)
|
|
PSU Fund (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
|
|
|
|
|
|
|