Aviva India has launched a new policy "Aviva Young Scholar", a comprehensive child plan that enables one to secure their child’s future in any eventuality.This plan enables you to create wealth that your child will require for important milestones in his life and also ensures that the same is made available to him even if you are not around.Besides attractive returns on maturity, this plan pays a sum assured upfront incase of the parent’s unfortunate demise/critical illness. In addition, all future premiums are waived off and it also provides for regular income for the child till the age of 17.

Aviva Young Scholar is a comperehensive child plan that secures your child's future through:
-Attractive returns to build the desired corpus.
-Waiver of future premiums so the policy continues in the event of the parent's death, disability or critical illness, while the Sum Assured is paid out immediately.
-Regular income for the minor child to meet everyday expenses in the event of the parent's death.

Main Benefits:-
-In the event of your unfortunate death during the policy term, the Beneficiary (i.e. your child) will become the Policyholder and the policy will continue for his benefit. Sum Assured will be paid immediately and all the future premiums will be waived and paid (as a lumpsum) into your fund. However there shall be no risk cover on the life of the Beneficiary.
-Get Loyalty Additions upto 2.50% on maturity
-Choice of 5 investment fund options: Protector, Bond, Balanced, Growth & Enhancer
-Make partial withdrawals after 5 policy years
-Enjoy tax benefits as per Sections 80C, 80D and Section 10(10D) of the Income Tax Act, 1961

Aviva Young Scholar is a Life Insuranceproduct that will benefit the child as well as ease parents of their worries on child education.

AVIVA Life Insurance Branch Contact Details

Read About Aviva's Little Master plan- another leading Child Plan from Aviva