Aviva Life i-Growth Plan
  • Choice of Fund Options
  • Loyalty Additions
  • In-built Accidental Death Benefit
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Customized Investment Plan for you.

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15 Lacs+ P.A. 10-15 Lacs P.A. 7-10 Lacs P.A. 5-7 Lacs P.A. 3-5 Lacs P.A. Upto 3 Lacs P.A.

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Aviva Life i-Growth Plan

Aviva Life i-Growth is an individual unit-linked insurance plan that offers dual benefits: protection and savings. You can choose to pay for this plan either monthly or yearly, and you'll still get all the benefits for the entire policy term. With an i-Growth plan, you don't have to go through any medical examinations to buy life cover. 

The plan helps you stay invested and generate wealth through a choice of 3 unit-linked funds. It includes bond Fund-II, Balanced Fund–II, and Enhancer Fund-II; choose your fund based on your risk appetite. However, the loyalty addition will be added to the fund value on the last 3 policy anniversaries of your plan. 

You can even reduce your sum assured amount in case you don't need protection anymore. In this plan, you're only allowed to make partial withdrawals from fund value after the five-year lock-in period.

Aviva Life i-Growth Plan offers you a range of benefits including:

why-choose
  • 3 unit-linked fund options

  • Loyalty additions

  • Convenience of choosing your investment funds
  • Pay premiums on a monthly or yearly basis
  • Flexible policy and premium paying term

Eligibility Criteria for Aviva Life i-Growth Plan

Your Occupation

Entry age

Minimum Age - 18 year Maximum Age - 50 years

Mukhyamantri Amrutam Yojana

Maturity age

Maximum Maturity Age - 60 years

Your Gender

Policy tenure

Minimum term - 10 years Maximum term - 20 years

Maternity Benefit Rider

Premium payment term

Subjected to policy term

Dr YSR Aarogyasri Trust

Premium payment frequency

Annual, half-yearly, quarterly & monthly

Maternity Benefit Rider

Sum assured

Rs 50 lakhs

How Does the Aviva Life i-Growth Plan Work?

Let's understand how the Aviva Life i-Growth Plan works with a simple premium illustration.

Why Buy Term Insurance Online?

Problem

Mr. Verma is looking for an Investment plan that helps him create a lump sum amount to fulfill his financial needs.

Solution

His financial advisor advised him to buy the Aviva Life i-Growth. He visited PolicyX.com

Features of Aviva Life i-Growth Plan

Here are some features of Aviva Life i-Growth Plan:

Aviva Investment Plans

Aviva Affluence plan is a unit-linked life insurance plan that helps you build wealth through market-linked investment. With an Aviva Life Affluence, ...

Unique Features

  • In-built Accidental Cover
  • Earn Loyalty Rewards
  • Boost Wealth With Top-up

Aviva Life Affluence Plan (Pros)

Aviva Life Affluence Plan
  • Choice of 4 unit-linked fund options
  • Choose your investment funds
  • Pay premiums for 7
  • 10
  • and 15 years

Aviva Life Affluence Plan (Cons)

Aviva Life Affluence Plan
  • No Guaranteed Additions
  • No Premium Offset
  • Whole Life Cover Not Available

Aviva Life Affluence Plan (Other Benefits)

Aviva Life Affluence Plan
  • In-built accidental coverage
  • Top-up investments
  • Tax benefits

Aviva Life Affluence Plan (Eligibility Criteria)

Aviva Life Affluence Plan
  • Entry age - 20 years
  • Max entry age - 50 years
  • Min sum assured - 5 lakhs
  • Max maturity age - 70 years
  • PPT - RP/SP/LP

Aviva Life i-Growth is an individual unit-linked insurance plan that offers dual benefits: protection and savings. You can choose to pay for this plan...

Unique Features

  • Choice of Fund Options
  • Loyalty Additions
  • In-built Accidental Death Benefit

Aviva Life i-Growth Plan (Pros)

Aviva  Life i-Growth Plan
  • Choice of Fund Options
  • Loyalty Additions
  • In-built Accidental Death Benefit

Aviva Life i-Growth Plan (Cons)

Aviva  Life i-Growth Plan
  • Consumption of any intoxicants
  • Death due to any aviation accident
  • Death due to any adventurous sports

Aviva Life i-Growth Plan (Other Benefits)

Aviva  Life i-Growth Plan
  • 3 unit-linked fund options
  • Loyalty additions
  • Convenience of choosing your investment funds

Aviva Life i-Growth Plan (Eligibility Criteria)

Aviva  Life i-Growth Plan
  • Entry Age: Minimum Age - 18 year Maximum Age - 50 years
  • SA: Rs 50 lakhs
  • Maximum Maturity Age - 60 years
Tired of Pushy Sales? Get Insurance, Your Way Tired of Pushy Sales? Get Insurance, Your Way

Benefits of the Aviva Life i-Growth Plan

There are various benefits to buying the Aviva Life i-Growth Plan. Let’s understand each of them in detail:

  • Death Benefit If the life insured passes away untimely during the policy term, the death benefit payable shall be the higher of: Basic Sum Assured,105% of the total premiums paid, Fund Value, including Loyalty Additions, if any.
  • Maturity Benefit Once you survive throughout the policy term, you'll receive the accumulated fund value along with loyalty additions in a lump sum amount.
  • Loyalty Addition Loyalty addition, as per the mentioned below will be added to the fund value on the last 3 policy anniversaries of your policy.
  • Option to Reduce Sum Assured Under this feature, you can reduce your sum assured amount after the completion of the first 3 policy years. This feature is only applicable if you've chosen a life cover of 20 times the annualized premium.

Documents Required to Buy Aviva Life i-Growth Plan

Here is the list of documents required to buy the Aviva Life i-Growth Plan:

Photo ID Proof

Photo ID Proof (either of one) - Passport, Aadhaar card, PAN card, Driving license.

How to Buy Aviva Life i-Growth Plan?

You can buy the Aviva Life i-Growth Plan official website or one of their nearest branch offices.

Life Insurance
  • Step 1

    Visit the official website of PolicyX.com.

  • Step 2

    Hover on the ‘Life Insurance’ tab.

  • Step 3

    Choose the Investment plan you want to buy.

  • Step 4

    Fill out the form at the top of the page with the necessary details.

  • Step 5

    Select your income and city. Click on 'Proceed'.

  • Step 6

    Update your education and occupation details.

  • Step 7

    Choose your preferred plan and click on 'Buy this plan'.

  • Step 8

    Select the policy term, premium period, investment amount, and riders (if required), and then proceed to pay.

Life Insurance
  • Step 1

    Visit the official website of Aviva Life Insurance.

  • Step 2

    Hover over 'Life Insurance Plans' from the top of the menu.

  • Step 3

    Click on the Aviva Life i-Growth Plan.

  • Step 4

    Click on ‘Buy Now’ and you will be redirected to a new page.

  • Step 5

    Enter your name and contact information. One of their representatives will reach out to you and discuss the quotes.

  • Step 6

    Once discussed you can make the premium payment and get the policy documents.

Buying from their branch office

You can buy the Aviva Life i-Growth Plan offline by visiting one of their nearest branch offices. One of their representatives will help you buy the plan.

Your Occupation

Exclusions of the Aviva Life i-Growth Plan

Given below are some exclusions of the Aviva Life i-Growth Plan-

  • Suicide within 12 months of the policy purchase is not covered.

  • Consumption of any intoxicants.

  • Death due to any aviation accident.

  • Death due to any adventurous sports.

Plan At a Glance

What’s Good Here What’s Missing
Switching or Redirecting Premiums Guaranteed Additions
Life Cover  Premium Offset
Choice of 4 Fund Options Whole Life Cover
Flexibility to withdraw funds partially No Auto Cover Continuance

In a nutshell

Aviva Life i-Growth is an individual unit-linked insurance plan that helps you stay invested and generate wealth through a choice of 3 unit-linked funds. For further information, you can reach out to us at PolicyX.com.

FAQs: Aviva Life i-Growth

1. Can I surrender my Aviva Life i-Growth policy?

You can easily surrender your policy any time after the lock-in period of 5 years.

2. What is the Accidental Death Benefit cover in the i-Growth plan?

With Accidental Death Benefit cover, in case of policyholder accidental death, an amount equal to the base Sum Assured on top of the death benefit is payable.

3. How many funds are available in Aviva Life i-Growth plan?

The plan offers a choice of 3 unit-linked fund options: Bond Fund-II, Balanced Fund–II, and Enhancer Fund-II.

4. Is there any lock-in period for fund withdrawal?

With the i-Growth plan, you have the flexibility to withdraw your accumulated funds from the 6th year onwards partially.

5. What is the premium payment option for the Kotak Single Invest plan?

The plan offers a regular pay option that allows you to pay premiums on a monthly or yearly basis throughout the policy term.

Life Insurance Companies

Compare and buy the most suitable Life Insurance Plan from the below-mentioned IRDAI-approved Life Insurance companies.

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Sahil Singh Kathait

Written By: Sahil Singh Kathait

A boy-in-squares bagging escapades of switching streets in groove & sensing musical airy-notes from 6 1". Under wayed nyctophile sketching the walls of life from the panorama of anime.