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AvivaLife - Lifebond



Plan Highlights

Key Feature
It is a single premium investment plan.
Best Suited For
Individuals seeking an investment plan and an insurance cover.
Features
1)This provides growth on your lump sum investment.

2)It offers two investment fund option; With Profit Fund & Unit Linked Fund or flexibility to invest in both options through a combination of two polices.

3)The Policy can be taken on single life as well as on joint life (with spouse only)

4)It guarantees that the selling price of units in the With Profits Fund shall never fall.

5)Provides a lump sum fund when any need arises in future.

6)Option to make additional lump sum investments through additional premiums.


Benifits

Maturity Benefits
Full sum assured plus accrued bonus is generally payable only to the nominee only on death of policy holder or surrender in case of a with profits policy.
Survival Benefits Not Applicable.
Death Benefits
(Natural)		 Lump sum of 101% of the value of initial single premiun units in the account will be paid without deduction of any surrender penalty
Death Benefits
(Accidentals)
Lumpsum of 101% of the value of initial single premiun units in the account will be paid without deduction of any surrender penalty
Other Benefits Not Applicable


Policy Features

Type Endowment Policy
House Loan Yes
General Loan Yes
Premium Paying options Single Premium
Period of Life Insurance As long as premium paying term
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