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Aviva Life Insurance, India’s most trusted private life insurance company, announced the launch of the Aviva Signature 3D Term Plan. The non-linked, non-participating individual Pure risk life insurance plan is designed to provide customers a comprehensive financial cover and safeguard them from unforeseen life occurrences: Death, Disease, and Disability.

The plan offers a wide range of benefits, ensuring coverage that helps customers achieve their life goals and remain protected in the long run from financial uncertainties. With four plan options and three riders, Aviva Signature 3D Term Plan provides life insurance coverage through lump sum and regular monthly payments along with a range of customizations for customers across different segments.

The flagship plan options include:

·        3D Pure Term, a pure term insurance policy that gives the customer an option to get life for the whole life i.e. 99 years of age and

·        3D Family Plus, which extends life insurance coverage through a lump sum payment of 100% of the base sum assured, along with Regular Monthly Payouts (RMP) for 10 years starting from the 1st monthly anniversary following the demise of the life insured. This monthly payout will continue to increase by 8% p.a. compounded yearly.

The plan offers other options, which are:

·        3D Accelerated thatcomeswith an in-built accelerated terminal illness benefit, and

·        3D TROP wherethe premiums paid towards the policy (excluding taxes, rider, and extra premiums) are returned to the policyholder upon survival till maturity

Aviva Signature 3D Term Plan offers the ability to customize the coverage to suit individual requirements. The plan enhances customers’ coverage through three riders- Aviva Accidental Casualty Non-Linked Rider, Aviva Cancer Cardio Non-Linked Rider, and Aviva New Critical Illness Non-Linked Rider. Furthermore, it includes a waiver of premiums feature in the event of critical or terminal illness, applicable through the Aviva New Critical Illness Non-Linked Rider and the 3D-Accelerated plan option respectively.

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