Child Plans
Child Plans

Aviva Young Scholar Secure

Aviva Young Scholar Secure is a non-linked non-participating insurance plan specially designed to provide for the future educational landmarks of a child.


At Aviva we believe there is no greater insurance in the world than a good education. Education is the bridge between your Childs dreams and reality. This journey has many milestones -schooling years leading up to Board exams, college years and professional courses. Each of the milestones has a cost attached to it right from extra coaching for Boards to reference material for entrance exams to admission fee for a professional course.

Now guarantee funds for each of these milestones with Aviva Young Scholar Secure and provide your child the best education through:

Tuition Fee Support (TFS): You will receive guaranteed annual payouts starting at the end of Premium Paying Term and thereafter every year up to age 17 years of your child. This may help you in meeting tuition expenses of your child up to class 12th

College Admission Fund (CAF): You will receive a lump sum amount that can be utilized at the time of college admission, when your child turns 18 years

Higher Education Reserve (HER): You will receive another lump sum which can help provide for the post graduation expenses, when your child turns 21 years


Entry age: Parent: 21-50 years and Child: 0-12 years (last birthday)

Policy term: 21 minus age at entry of the child

Premium payment term: For entry age 0-8 years of child 13 minus age of child, For entry age 9-12 years of child: Fixed 5 years

Premium Payment Frequency: Yearly, Half-yearly and Monthly

Annualized Premium: Silver - Rs 33,000; Gold - Rs 50,000; Diamond - Rs 100,000; Platinum (5 options) - Rs 200,000/400,000/600,000/800,000 or 10,00,000
Taxes including but not limited to Goods & Services Tax, Cesses as applicable shall also be levied as notified by the Government from time to time. Tax laws are subject to change.

Sum Assured: Death Sum Assured is equal to Higher of {ten times of the annualized premium or Maturity Sum Assured or 105% of the Total Premiums paid.

Maturity Sum Assured will depend on the age of the Life Insured, Policy term and Plan Option.

Riders Available: Aviva Term Plus rider

What am I going to get?

Death Benefit:
In the unfortunate event of death of life insured, the following benefits will be payable, provided all due premiums are paid till date:

Death Sum Assured equal to Higher of {ten times of the Annualized Premium or Maturity Sum Assured or 105% of the Total Premiums paid} . It may be noted that:

i) Any TFS or CAF already paid will not be deducted from the Death Sum Assured;

ii) Future installments of TFS, CAF & HER will be payable on the scheduled dates

If Aviva Term Plus Rider has been opted for, rider sum assured shall also be payable.

"Annualized Premium" shall be the premium amount payable in a year chosen by the policyholder, excluding the taxes, rider premiums, underwriting extra premiums and loadings for modal premiums, if any.

Total Premiums paid means total of all the premiums received, excluding any extra premium, any rider premium and taxes.

Term Insurance

Tax Benefits


Tax Benefits on all premiums paid.

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