Aviva Life Insurance and Annuity Company is the world’s fifth-largest insurance group and is quickly becoming the industry leader for universal life insurance in the United States. With over 50 million customers worldwide, the company has made a strong push to focus on life insurance policies, and almost always offers one of the lowest premiums for permanent life insurance. Their limited-pay universal life policies are a very attractive option as well, allowing you to stop paying premiums at a specified time (e.g. at age 65, or 10-20 years after the policy is issued) and still have the death benefits guaranteed for life. Aviva’s current product portfolio includes:
- Annual renewable term insurance – TermInsuranceBrokers does not recommend purchasing annual renewable term insurance. The premiums are low in the initial years, but increase every year based on age and it is a better idea to lock in your premiums for a guaranteed period of time.
- Term insurance – premiums and death benefits fixed and guaranteed for a period of 10, 20, or 30 years
- Guaranteed UL Solution – a universal life insurance policy with premiums and death benefits fixed and guaranteed for life, up to age 121. The policy includes a cash value accumulation and a no-lapse guarantee protection rider. Interest rates are fixed and the policy includes a guaranteed minimum interest rate. Limited pay options are available.
- Advantage Builder Series III – a universal life insurance policy with premiums and death benefits fixed and guaranteed for life, up to age 121. The policy includes a cash value accumulation and a no-lapse guarantee protection rider. Interest rates are declared based on the performance index that you choose. Limited pay options are available.
CLICK HERE to get an instant quote for Aviva life insurance, or to compare Aviva to other carriers. You will have an instant quote in less than 30 seconds! You can also give us a call at 1-888-972-0024 or CLICK HERE to send us an e-mail 24 hours a day.
