Aviva Life Insurance: Make Your Premium Payment Convenient
The well-known insurance provider Aviva Life Insurance has been offering a variety of insurance products in many different nations. Aviva Life Insurance offers financial security in the event of unfavourable circumstances like death, illness, or disability. The provider offers number of advantages, including premium payment alternatives like online payment.
About Aviva Life Insurance
Aviva Life Insurance offers their customers and their families protection plans that offer complete financial coverage in the case of unforeseen events. The insurance policies provide coverage for catastrophic illnesses, unavoidable death or incapacity, and more. A range of policies, including term, endowment, ULIP, pension, and child insurance, are available from the company.
Benefits of Aviva Life Insurance premium payment on BBPS on Bajaj Finserv
The following are the benefits of Aviva Life Insurance Premium payment on Bajaj Finserv BBPS platform:
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Quick and hassle-free
With Bajaj Finserv's Bharat Bill Pay System (BBPS) platform, you can pay your Aviva Life Insurance premium quickly and effortlessly.
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Safe and secure
Bajaj Finserv provides a safe and secure payment platform on BBPS. Your payment details are secure with the platform’s robust security measures.
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Multiple payment options
Bajaj Finserv offers multiple payment options, including debit card, credit card, net banking, and UPI. This allows you to choose the payment method that suits you best.
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Instant confirmation
After making the payment, the platform immediately confirms the payment through an email and SMS.
Aviva Life Insurance premium plans
Following are the Aviva Life Insurance premium plans with the eligibility criteria:
Aviva Life Insurance Plans |
Entry Age |
Maturity Age |
Sum Assured |
Tenure of Policy |
Premium Mode |
Aviva Life Insurance Term Plan |
Minimum Entry Age- 18 years Maximum Entry Age- 55 years |
70 years |
Minimum Sum Assured- Rs. 10 Lakh Maximum Sum Assured- No upper limits |
Minimum Policy Term- 10 years Maximum Policy Term- 30 years |
Yearly, Half-yearly, Quarterly and monthly |
Aviva Life Insurance Child Plan |
Minimum Entry Age for Child- 0 years Maximum Entry Age for Child- 17 years |
60 years |
10 times higher than annual premium |
Minimum Policy Term- 10 years Maximum Policy Term- 25 years |
Yearly, Half-yearly and Monthly. |
Aviva Saving Plan |
Minimum Entry Age- 13 years Maximum Entry Age- 55 years |
70 years |
Minimum Sum Assured- Rs. 1lakh Maximum Sum Assured – Rs. 5 crore |
Minimum Policy Term- 10 years Maximum Policy Term- 20 years |
Yearly, Half-yearly, Quarterly and monthly |
Aviva Retirement Plan- |
Minimum Entry Age- 2 years Maximum Entry Age- 65 years |
75 years |
1.25Xsingle premium |
Minimum Policy Term- 10 years Maximum Policy Term- 75 years |
Single premium, yearly, half-yearly and monthly. |
Aviva Endowment Plan |
Minimum Entry Age- 4 years Maximum Entry Age- 50 years |
75 years |
Minimum Sum Assured- Rs. 2 lakh Maximum Sum Assured- Rs1crore |
Minimum Policy Term- 18 years Maximum Policy Term- 30 years |
Yearly, Half-yearly, Quarterly and monthly |
Aviva Life Insurance Group Plan |
Minimum Entry Age- 18 years Maximum Entry Age- 69 years |
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Minimum Sum Assured- Rs. 1 crore Maximum Sum Assured- no upper limit |
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Yearly, Half-yearly, Quarterly and monthly |
Fees and charges
The following charges are applicable on mobile recharges and bill payments:
Payment |
Charges (Rs.) |
Payment for bills and recharges |
Convenience fee up to 2% per transaction (inclusive of applicable taxes)* |
Payment of rent using credit card as a payment mode |
2% per transaction (inclusive of applicable taxes)* |
Platform fee |
Up to Rs. 5/- for each prepaid mobile recharge |
*Convenience fee is applicable on specific payment instrument and subject to revision from time to time
Note - For failed transactions, the total amount including charges except taxes are reversed.
Frequently asked questions
Aviva Life Insurance is a life insurance product that provides financial benefits to customers in the event of unforeseen circumstances such as death, illness, or disability. The policy comes in different variants, including term, endowment, ULIP, pension, and child insurance.
The premium amount for Aviva Life Insurance varies based on the chosen plan, policy term, sum insured, and other factors. Customers can calculate their estimated premium amount using the premium calculator available on the Aviva website.
The Aviva Life Insurance policy number is mentioned on the policy document and the payment receipt. Customers can also find their policy number by logging in to their Aviva account online.
Customers can make payments for Aviva Life Insurance online using the BBPS platform on Bajaj Finserv.
