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Life Insurance

The Sural District Co-Op Bank Ltd. offers various life insurance policies provided by AVIVA Life Insurance.

Profile of AVIVA Life Insurance
Aviva is UK's largest and the world's fifth largest insurance Group. It is one of the leading providers of life and pensions products to Europe and has substantial businesses elsewhere around the world. With a history dating back to 1696, Aviva has a 35 million-customer base worldwide. It has more than £332 billion of assets under management.

In India, Aviva has a long history dating back to 1834. At the time of nationalisation it was the largest foreign insurer in India in terms of the compensation paid by the Government of India. Aviva was also the first foreign insurance company in India to set up its representative office in 1995.

In India, Aviva has a joint venture with Dabur, one of India's oldest, and largest Group of companies. A professionally managed company, Dabur is the country's leading producer of traditional healthcare products.

In accordance with the government regulations Aviva holds a 26 per cent stake in the joint venture and the Dabur group holds the balance 74 per cent share.

Aviva pioneered the concept of Bancassurance in India, and has leveraged its global expertise in Bancassurance successfully in India. Currently, Aviva has Bancassurance tie-ups with ABN Amro Bank, American Express Bank, Canara Bank, Centurion Bank of Punjab, The Lakshmi Vilas Bank Ltd. and Punjab & Sind Bank, 15 Co-operative Banks in Gujarat, Rajasthan, Jammu & Kashmir, Bihar, West Bengal and Maharashtra and one regional Bank in Sikkim.

Insurance Products and Services :

We offer our customers a full range of transparent, flexible and value for money products that include

  • Whole Life (LifeLong),
  • Endowment (LifeSaver, EasyLife Plus)
  • Child Policy (Young Achiever) single premium (LifeBond, LifeBond Plus)
  • Pension (PensionPlus)
  • Term (LifeShield)
  • Fixed term protection plan (Freedom LifePlan)
  • 5 year recurring premium investment cum protection plan (LifeBond5).