Aviva Life Insurance Company India Limited
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Aviva Life Insurance Company India Limited Benefit Illustration
Aviva Health Plus
Proposal Name :Mahant Ram Dutt Dass Age of the Life Insured : 51 Product Features 1. Name of the Product: Aviva HealthPlus 2. Unique Identification No.: 122H52149 3. Date of Quotation: 11/10/2010 4. Sum Assured : Benefits Guaranteed Sum Assured Maximum Benefit 3,50,000 (One time benefit) 3,50,000 (Payment for disability suffered as a result of 2 different accidents is possible, where the Accidental Death & Disability Benefit pays out 50% of the Sum Assured for disability suffered as a result of each accident) 3,50,000 (One time benefit) 3,50,000 (One time benefit) 3,50,000 Max Annual Benefit: 1,75,000 (Multiple benefits for different surgeries is possible)
Death Benefit 2,50,000 Accidental Death and Disability Benefit
2,50,000
Sickness-Only TPD (STPD) 2,50,000 Benefit Critical Illness 2,50,000 (CI) Benefit Surgical Cash 2,50,000 Benefit (SCB)
General/Special ward :Fixed benefit of 180 days of Hospitalisation for the entire Hospital Cash Rs.1,750 per day Premium Payment Term Benefit 60 days of Hospitalisation in a Policy Year ICU:Fixed benefit of Rs.3,500 per day
5. Guaranteed Maturity Benefit: Rs. 140,385
6. Policy Term: 15 Years 7. Premium Paying Term: 1 8. Frequency of Premium Payment: Annual 9. Premium: Rs. 25,000 10. Service Tax: Rs. 1,483 Illustration Regular Annual Premium: Rs. 26,483 Maturity Value: Rs. 140,385 Policy Mortality Service Health Service Base Total Maturity Duration & Savings Tax on Premium Tax on Premium Service Benefit (Years) Premium Mortality Health Tax & Savings Premium payable Premium 1 22,887 236 12,113 1,248 25,000 1,483 2 22,887 236 12,113 1,248 25,000 1,483 3 22,887 236 12,113 1,248 25,000 1,483 4 22,887 236 12,113 1,248 25,000 1,483 5 22,887 236 12,113 1,248 25,000 1,483 6 7 8 9 10 140,385 Note
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Sickness-only TPD (STPD) Benefit, Critical Illness (CI) Benefit, Surgical Cash Benefit (SCB) and Hospital Cash Benefit (HCB) are available till the premium payment term only. Death Benefit (DB) and Accidental Death & Disability (AD&D) are available during the entire Policy term. Service Tax and Education Cess are subject to change as per Tax Laws. Some benefits are guaranteed and some benefits are variable with returns based on the future performance of your life insurance company. If your policy offers guaranteed returns then these will be clearly marked 'guaranteed' in the illustration table on this page. If your policy offers variable returns then the illustration on this page will show two different rates of assumed future investment returns. These assumed rates of returns are not guaranteed and they are not the upper or lower limits of what you might get back as the value of your policy as it is dependant on a number of factors including future investment performance. This document is for illustration purposes only. For more details on risk factors, illness covered, exclusions and terms and conditions please read sales brochure carefully before concluding a sale Insurance is the subject matter of the solicitation.
Overview
Aviva Health Plus is a health cum savings plan that provides a cover on life, accidents, critical illnesses, disabilities, surgery and hospitalization, while guaranteeing the return of a part of the premium on maturity through:
• • • • • • •
Provision of a Life Cover (Sum Assured) on death Additional protection against accidental death and disability Coverage against Total Permanent Disability due to sickness Coverage against 18 critical illnesses Protection against 37 major surgeries Cash payout in case of Hospitalisation Guaranteed maturity benefit, even if all health benefits have been claimed
What am I going to get? Death Benefit: Full life cover is payable, irrespective of the health benefits already paid. The policy stands terminated after the death benefit is paid. • Maturity Benefits: At maturity, you receive a Guaranteed Maturity Benefit, depending upon your age at entry. Guaranteed Maturity Benefit excceeds the total base premiums paid . • Health Benefits: • Accidental Death and Disability Benefit (ADD) • Sickness-only Total Permanent Disability (STPD) • Critical Illness (CI) benefit • Surgical Cash benefit (SCB) • Hospital Cash benefit (HCB)
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For details, refer to the product brochure Tax Benefits: The policy offers Tax benefits under Section 80D, Section 80C and Section 10(10D) of the Income Tax Act, 1961. Tax laws are subject to change
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Aviva Health Plus
Proposal Name :Mahant Ram Dutt Dass Age of the Life Insured : 51 Product Features 1. Name of the Product: Aviva HealthPlus 2. Unique Identification No.: 122H52149 3. Date of Quotation: 11/10/2010 4. Sum Assured : Benefits Guaranteed Sum Assured Maximum Benefit 3,50,000 (One time benefit) 3,50,000 (Payment for disability suffered as a result of 2 different accidents is possible, where the Accidental Death & Disability Benefit pays out 50% of the Sum Assured for disability suffered as a result of each accident) 3,50,000 (One time benefit) 3,50,000 (One time benefit) 3,50,000 Max Annual Benefit: 1,75,000 (Multiple benefits for different surgeries is possible)
Death Benefit 2,50,000 Accidental Death and Disability Benefit
2,50,000
Sickness-Only TPD (STPD) 2,50,000 Benefit Critical Illness 2,50,000 (CI) Benefit Surgical Cash 2,50,000 Benefit (SCB)
General/Special ward :Fixed benefit of 180 days of Hospitalisation for the entire Hospital Cash Rs.1,750 per day Premium Payment Term Benefit 60 days of Hospitalisation in a Policy Year ICU:Fixed benefit of Rs.3,500 per day
5. Guaranteed Maturity Benefit: Rs. 140,385
6. Policy Term: 15 Years 7. Premium Paying Term: 1 8. Frequency of Premium Payment: Annual 9. Premium: Rs. 25,000 10. Service Tax: Rs. 1,483 Illustration Regular Annual Premium: Rs. 26,483 Maturity Value: Rs. 140,385 Policy Mortality Service Health Service Base Total Maturity Duration & Savings Tax on Premium Tax on Premium Service Benefit (Years) Premium Mortality Health Tax & Savings Premium payable Premium 1 22,887 236 12,113 1,248 25,000 1,483 2 22,887 236 12,113 1,248 25,000 1,483 3 22,887 236 12,113 1,248 25,000 1,483 4 22,887 236 12,113 1,248 25,000 1,483 5 22,887 236 12,113 1,248 25,000 1,483 6 7 8 9 10 140,385 Note
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Sickness-only TPD (STPD) Benefit, Critical Illness (CI) Benefit, Surgical Cash Benefit (SCB) and Hospital Cash Benefit (HCB) are available till the premium payment term only. Death Benefit (DB) and Accidental Death & Disability (AD&D) are available during the entire Policy term. Service Tax and Education Cess are subject to change as per Tax Laws. Some benefits are guaranteed and some benefits are variable with returns based on the future performance of your life insurance company. If your policy offers guaranteed returns then these will be clearly marked 'guaranteed' in the illustration table on this page. If your policy offers variable returns then the illustration on this page will show two different rates of assumed future investment returns. These assumed rates of returns are not guaranteed and they are not the upper or lower limits of what you might get back as the value of your policy as it is dependant on a number of factors including future investment performance. This document is for illustration purposes only. For more details on risk factors, illness covered, exclusions and terms and conditions please read sales brochure carefully before concluding a sale Insurance is the subject matter of the solicitation.
Overview
Aviva Health Plus is a health cum savings plan that provides a cover on life, accidents, critical illnesses, disabilities, surgery and hospitalization, while guaranteeing the return of a part of the premium on maturity through:
• • • • • • •
Provision of a Life Cover (Sum Assured) on death Additional protection against accidental death and disability Coverage against Total Permanent Disability due to sickness Coverage against 18 critical illnesses Protection against 37 major surgeries Cash payout in case of Hospitalisation Guaranteed maturity benefit, even if all health benefits have been claimed
What am I going to get? Death Benefit: Full life cover is payable, irrespective of the health benefits already paid. The policy stands terminated after the death benefit is paid. • Maturity Benefits: At maturity, you receive a Guaranteed Maturity Benefit, depending upon your age at entry. Guaranteed Maturity Benefit excceeds the total base premiums paid . • Health Benefits: • Accidental Death and Disability Benefit (ADD) • Sickness-only Total Permanent Disability (STPD) • Critical Illness (CI) benefit • Surgical Cash benefit (SCB) • Hospital Cash benefit (HCB)
•
For details, refer to the product brochure Tax Benefits: The policy offers Tax benefits under Section 80D, Section 80C and Section 10(10D) of the Income Tax Act, 1961. Tax laws are subject to change
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