Aviva Retirement Planning: Enjoy Your Retirement Life

Introduction

Aviva Retirement Plans is not just to get your monthly pensions. The Aviva retirement plans are for those who are looking to have a comfortable life even after retirement. This means you not only get a regular income but helps you build a lump sum amount. This can be done by a regular or single investment.

Types of Aviva Life Insurance Retirement Plan

• Aviva Next Innings Pension Plan

• Aviva Annuity Plus Retirement Plan

• Aviva New Family Income Builder

Aviva Next Innings Pension Plan

This plan offers you a source of regular income after your retirement. You can enrol into this plan with monthly or one time investment.

Features

• You will get up to 210 percent on the premium you have paid

• Death benefit in case the policy holder is deceased

Plan details

• Anybody with an entry age of 42 to 60 can enrol into this plan

• You can choose a maturity date from 55 to 78 years

• You have a policy term of 13,16 and 18 years with single, five and 10 premiums respectively

• The minimum premium is 50k to a maximum of Rs.5,00,00,000

Benefits

• You will get 210 % of the premiums paid

• If you opt for the immediate annuity, you will guaranteed for life for the insured as long as he/she survives

• In case of death, the nominee shall get the higher of all premiums paid with 6% interest p.a. compounded annually or 105% of all premiums paid

Aviva Annuity Plus Retirement Plan

This is a pension cum annuity plan which offers you lump sum amount and monthly pension

Eligibility

• Anyone from 40 to 80 years can apply

• With a minimum purchase price of 25000 to no limit on the maximum

Benefits

You have five annuity benefits to choose from lifelong annuity, 5 or 10 or 15 years guaranteed annuity along with annuity till life thereafter or annuity increasing at 3% per annum simple rate.

Aviva New Family Income Builder

This is a life insurance plan with a tenure of up to 12 years and after 12 years you will get the double of what you have paid over the next 12 years, guaranteed.

Eligibility

• Anyone with an age of 6 to 50 can apply

• The maturity date starts from 18 to 62 years

• Minimum annual premium is at 40k and maximum is 1 crore

Benefits

• In case of survival at the policy maturity date, you will get 12 annual instalments of “1.5 times the annual premium during the Payout Period

• In case of survival at the policy maturity date , You will get a lump-sum amount of “6 times the annual premium at the end of the Payout Period

• In case of death and all premiums have been paid till death you will get the highest of 10 times of the annualized premium or 105% of all the premiums paid or the sum assured

Use the Plan finder

Aviva has a range of retirement plans and if you are still confused, you can use the Plan finder or try buying the policy from online insurance portal. So be smart and take the advice from an expert and plan for a happy retirement.

Get More Details

Visit at

http://www.bankbazaar.com/insurance/aviva-life-insurance.html