Aviva iLife: Cheapest Online Term insurance plan in India
Aviva Life Insurance has its online term plan Aviva i-life, with a minimum cover for Rs 25 lakh with no upper limit and a maximum term of 35 years.
Aviva i Life Term Plan is a pure protection plan which is available for online purchase without any agent intervention. Pure Term Plans have Death Benefit if the life insured dies within the policy tenure and no Maturity Benefit if he survives the entire term. It is a vanilla term plan with no fringes attached.
Some Key Features:
- It is a pure Term Insurance Policy with Death Benefit only and no Maturity Benefit.
- Exclusively available on the internet for an online purchase and only available in select cities
- An additional rebate for female lives of 5% on the tabular premium rates for male lives
- There is a rebate for large Sum Assured.
You can know more about this policy and buy online here – Aviva India iLife Term Plan