Aviva Life unveils 13 products under new IRDA norms

India Infoline News Service | Mumbai |

The products will focus on providing higher minimum guarantee on premature withdrawal, higher life cover for customers, offer better surrender values and improved disclosures

Aviva Life Insurance on Monday said that it has launched 13 products in compliance with new Insurance Regulatory and Development Authority (IRDA) guidelines.

The plans are — Aviva Health Secure (online health insurance plan), Jana Suraksha (rural term plan), Life Shield Plus (term plan), Life Shield Platinum, Dhan Samruddhi, Wealth Builder, Life Shield Advantage (traditional life insurance plans), I Life (online term plan), i—Shield (online term plan with return of premium) and Next Innings Pension Plan.

Besides, the private insurer also launched Aviva Freedom Life Advantage, Life Bond Advantage and Smart Live plan, which are unit-linked insurance plans.

The products will focus on providing higher minimum guarantee on premature withdrawal, higher life cover for customers, offer better surrender values and improved disclosures, the company said in a release.
 

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