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Business EconomyPosted at: Jul 12 2019 5:25PM


Aviva introduces life insurance for defence sector

New Delhi, Jul 12 (UNI) Aviva Life Insurance announced the launch of “Aviva Income Suraksha”, a non-participating traditional retirement plan especially designed for the Defence Forces.
"The plan offers our soldiers the ability to plan their financial preparedness post retirement with utmost ease. It is aimed at providing an additional financial aid with a regular monthly income stream for all our customers," a statement here said on Friday.
Aviva Life Insurance introduced its Defence Channel last year.
"The defence personnel usually retire at a very young age between 38 to 42 years, thus lowering their primary income. With Aviva Income Suraksha, we propose a solution to support them with a financial plan to meet most of their life goals like child education, saving for children’s marriage post early retirement, whilst they find alternate source of employment post defence service. Moreover, the premiums can be paid on monthly modes making it easier for them to save in small installments," said Aviva Life Insurance Marketing, Digital & IT Officer Chief Customer Anjali Malhotra.
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