About Aviva Life Insurance Company India Ltd.
Aviva Life Insurance is a joint venture between one of India’s oldest and most esteemed business houses, one of the most abundant producers of traditional healthcare products, Dabur Invest Corp and the UK based insurance group, whose connection with India dates back to 1834, Aviva Group. Aviva Group subserves 33 million customers across 16 countries globally.
With a wide distribution network of 63 branches spread across India, Aviva Life Insurance has a strong sales force of 15,000 plus Financial Planning Advisors who assist policy takers for convenient safeguarding and risk planning.
Aviva Life Insurance offers insurance products in the following domains :
- Life Insurance Plans
- Unit Linked Insurance Plans
- Term Insurance Plans
- Retirement Plans
- Child Education Plans
- Group Insurance Plans
- Health Insurance Plans
- Saving Plans
They also offer strategic Initiatives i.e. focused product offerings for select segments and tools for specific needs ex. Armed Forces.
The Edge Offered by Aviva Life Insurance Company India Ltd.
- Kid-O-Scope is a psychometric test extended as an intelligent aggregate to child education plans that enables parents to identify their child's real interest and organise their education free of cost. With personalised advice, assessment reports, Education cost calculators, Aviva Life Insurance merges innovation and convenience giving this esteemed company an edge over its competitors.
- Heart Age Calculator-Aviva Life Insurance also enlists a Heart age calculator to help you determine your life longevity and suggest Protection and Health Insurance plans based on the tentative results obtained. This feature distinguishes Aviva from other Health plan Insurance companies thereby giving it an added advantage.
- Free Will-Building-Lastly, an interesting feature added by Aviva helps you create your Will in 3 simple steps with no additional cost.
Aviva Life insurance has won many laurels for its cutting-edge innovation and strategies.
Claim Settlement Ratio
In 2018-2019, Aviva Life’s Claim Settlement ratio stood at 96.06%