Child Plans offered by Aviva Little Master

Aviva Little Master is a holistic child plan that enables you to secure your child's future in any eventuality and also covers your child's life through:

• Attractive returns in addition to bonus units value on maturity, to help you enhance the desired corpus for your child
• Payment of the Sum Assured to the child or appointee (if the child is a minor), in the unfortunate event of patent's death, disability or on contracting a critical illness. All future premiums are waived off and invested as a lump sum amount in the funds and the policy continues
• Provision of a regular income for the minor child, in the event of parent's death
• Life cover on the child
• More Info Click-here

Download Aviva Young Scholar Brochure

Aviva Young Scholar Plan is a non-participating unit-linked endowment plan

that has been specially designed keeping in mind your specific needs as a parent.

As parents, you are fully aware of the importance of good education. It is

education alone that helps you secure your child’s future. Unfortunately, the

cost of quality education, particularly higher education, can be burdensome. So

you need to plan ahead for your child’s future. This plan enables you to create

wealth that your child will require for important milestones in her life and also

ensures that the same is made available to her even if you are not around.

The specially designed benefit structure of this product offers you complete

protection against all contingencies like death, critical illness and disability. All

these benefits come to you with a simple and competitive charging structure

which ensures that you get the best-in-class investment returns.

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Best Child Plan

Aviva Young Scholar is a comprehensive plan that enables you to secure your child’s future in any eventuality through:

• Attractive returns, enhanced by bonus units every 5 years to build the desired corpus of funds on maturity of the policy
• All future premiums being waived off and invested as a lump sum amount in to the funds, so the policy continues even in the unfortunate event of the parent’s death, disability or on contracting a critical illness, while the Sum Assured is paid out immediately
• Provision of a regular income for the minor child, in the event of parent’s death.
• Specifications

  Policy Term : 10 to 25 years, subject to the maximum maturity age parent as 70 years

  Premium payment term : 3 years or 5 years or equal to the policy term

  Premium Payment Frequency: Annually, half yearly, quarterly or monthly

  Annual Premium:

  If premium payment term equals policy term, Minimum Rs 15,000; Maximum: No limit

  If premium payment term is 3 years or 5 years, Minimum Rs 50,000; Maximum: No limit

  Top-up Premium: Minimum - Rs 1,000; Maximum - up to 25 per cent of total regular premiums paid

  Fund Options:

  Growth fund

  Balanced fund

  Protector fund

  Bond fund

  Enhancer fund

  **Child plans in India

Aviva Great Wall of Education-Child Plans

92300 books collected over 5 days Book donation drive for underprivileged children supported by Save the Children

New Delhi: The Aviva Great Wall of Education, a book donation drive for the underprivileged children supported by Save the Children India, culminated into a book distribution ceremony today. The Honourable Union Human Resource Development Minister, Shri Kapil Sibal, along with Mr TR Ramachandran, CEO & MD, Aviva India presented 92300 books to Mr. Thomas Chandy, CEO, Save the Children, India. The event was well attended by close to 200 children from select schools across Delhi, who had participated in the donation drive.

As part of Aviva’s Street to School program, the books from the wall will be used to educate thousands of underprivileged children with Save the Children India, a leading independent organisation working to ensure the rights of children in India.

Speaking on the occasion, TR Ramachandran, CEO & MD, Aviva India, said, “We are greatly humbled with the astounding success of the ‘Aviva Great Wall of Education’ and are truly grateful to the people of Delhi who offered their undeterred patronage towards this noble cause. This is indeed a significant stepping stone towards building a brighter future for the underprivileged children by helping them into education.”

Thomas Chandy, CEO, Save the Children, said, “This is a great initiative that Aviva has undertaken which will translate into hundreds of children from the most marginalized communities having a chance at education. Providing education to the poorest child from the poorest community is the best way of ensuring that the child has access to life opportunities that she otherwise may not have. People have been calling us every day, publishers, institutions, individuals, offering to give us books. Aviva has indeed triggered a truly noble humanitarian initiative.”

The five day donation drive starting November 11 was activated across Delhi and NCR region through drop boxes placed at schools, corporate and residential apartments. Children from 300 schools actively donated their old text books, note books towards the cause. Many individuals have also come forward and donated books for the underprivileged children. Scholastic Publishing House has also come forward in support of the cause by donating 10,000 books towards this initiative.

The ‘Aviva Great Wall of Education’ marks another step by Aviva, towards helping underprivileged children into education. Aviva Life Insurance has partnered with CRY’ (Child Rights and You) and ‘Save the Children’ to facilitate education (including other related factors that could prevent a child from attending school) for over 50,000 children by 2012 under the Street to School initiative. In the first year, Aviva will be reaching out to 20,000 children across 9 projects in 5 states.

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