Aviva Life Insurance, India’s today launched Aviva New Wealth Builder, an individual Non-Linked, Non-Participating Savings Life Insurance Plan. Aviva New Wealth Builder (ANWB), the newly launched plan, will be offering twin benefits of protection and investment and also gives an extra edge as a Guaranteed Plan.
As per the official communiqué, this plan helps the customers in addressing the need of the hour by offering them with more options of premium payment terms basis their convenience, higher entry age and guaranteed returns which are very relevant and necessary especially during these tumultuous times.
Anjali Malhotra Chief Customer, Marketing, Digital and IT Officer, Aviva Life Insurance said “At Aviva, we understand that in these unique and uncertain times, people are looking for security, especially since the economy and market have felt a strong impact of the pandemic. In line with our purpose, to be there for our customers, we are offering the New Wealth Builder with a reassurance guarantee built into the plan. Our message to customers is that despite the uncertainty, they must look forward to tomorrow with hope and continue making plans for key life goals with confidence, armed with guaranteed returns behind the certainty of the goal!”
Anjali further added “Aviva has had a strong presence in endowment plans with guaranteed returns. Understanding the current scenario and customers needs to conserve cash and pay in parts, we are offering the flexibility of payment options that will allow customers to pay smaller premiums in Single, Annual, Semi Annual and Monthly modes.”
The product aims to bring more people into the environment of secure folds of guaranteed returns. The company has also increased the entry age to 60 years for Aviva New Wealth Builder.