Overview

A unique protection plan to help you plan for your family in case you are not around.Option A – Life Protection

Need for lump sum payment of large sum of money to your family in case you are not around.

Additional health and Accidental Death Benefit rider.Differential rates for Smokers, Non-smokers.

Option B – Income ReplacementProvide a regular monthly income to your family in your absence.Amount increases by 5% p.a. compounded annually from the very first year of

your policy to beat inflation. Premium obligation is limited to about 2/3rd of the policy term.

Option C – Loan Protection.This option covers for higher financial liabilities and family responsibilities in

the early years of your life the Life Cover decreases evenly across the policy term. Premium obligation is limited to about 2/3rd of the policy term.This Insurance plan offers rebate on premium for higher levels of Sum

Assured.

SpecificationEntry age :

18-60 years, 55 years with Aviva Dread Diseases Rider, 50 years with Accidental Death Benefit RiderPolicy Term :

10 to 52 years, subject to the maximum maturity age of 70 years60 years with Accidental Death Benefit Rider65 years with Aviva Dread Disease Rider

Premium Payment Term : Option A – equal to Policy TermOption B & Option C – 2/3rd of policy term, rounded down to nearest integer

e.g. for a 16 years term, paying term will be 10 yearsPremium Payment Frequency:

Annualy, Half-yearly, Quarterly or MonthlySum Assured:

Minimum Rs 50,00,000, maximum no limit subject to underwritingRiders Available (Option A only):

Accidental Death Benefit and Aviva Dread Disease(DD) Rider (offered to non-smokers only).

Step 1Choose the nature of protection required

•Option-A – Life Protection•Option-B – Income Replacement•Option-C – Loan Protection

Step 2Choose the level of protection (Base Sum Assured) you want

•Minimum Sum Assured : Rs. 50 lacs•Maximum Sum Assured: No limit

Step 3Select riders for comprehensive protection (allowed under Option-A only)

•Accidental Death Benefit Rider•Aviva Dread Disease (DD) Rider

Step 4Arrive at the policy term by choosing the period for which you want protection

Entry AgeMaturity Age

All options(without any rider)

18-60 years28-70 years

Option-A(with ADB rider / both riders)

18-50 years28-60 Years

Option-A(with only Aviva DD Rider)

18-55 years28-65 years

• Policy Term: 10-52 years subject to:

• Premium Paying TermOption A: equal to Policy TermOption B & Option C: 2/3rd of policy term (rounded down to nearest integer) e.g. for a 16 years term, paying term will be 10 years

Step 5Select the Premium frequency

•Yearly, Half-Yearly, Quarterly & Monthly frequencies

Step 6Work out the premium payable along with our Financial Planning Advisor

•Tabular Premium for the opted Base Sum Assured•Rebate for Large Sum Assured•Apply Modal Factors based on the premium payment frequency•Ensure that Premium should at least be equal to minimum premium•Apply Service Tax and Education Cess, as applicable

Death Benefit:

•Option A: Life Protection.The Sum Assured is paid out to the nominee as a lump-sum in case of your unfortunate death. In case you have opted for ADB Rider, the rider Sum Assured is paid out additionally in case of death by accident.

•Option B: Income Replacement.The nominee will receive monthly benefit amount chosen at inception till the end of the policy term, this amount increases by 5% p.a. compounded annually from the very first year of the policy to beat inflation

•Option C: Loan Protection.Under this option, the Sum Assured (SA) reduces uniformly over the Policy Term and the applicable Sum Assured as on the year of unfortunate death is paid to the nominee.

Rider Benefit:

•Accidental Death Benefit (ADB) Rider: [UIN 122C005V01].• Pays ADB rider Sum Assured in addition to the base death benefit, in the event of death due to an

accident

•Aviva Dread Disease (DD) Rider: [UIN 122B014V01].• Pays DD rider Sum Assured on ill health because of contracting any of the 18 critical illnesses

covered or on suffering Permanent Total Disability (PTD) due to illness or accident, while the policy continues with Death Benefit intact.

Maturity Benefit:•This is a pure insurance product and hence there is no maturity benefit payable under this plan

Surrender Benefit:•Option A: There is no surrender value•Option B & C: The policy will acquire surrender value after the premium payment term, if all due premiums have been paid

Tax Benefit:•Tax benefits will be applicable as per prevailing tax laws. Tax laws are subject to change.

Sandipan ShandilyaSpring 12-15SU1IIPM Satbari