earlier this week, i received a query on aviva's saf group term life insurance scheme and therefore, today's blog is an update of this extremly saleable plan.
what is aviva's saf group term life insurance scheme?
this is a yearly renewable group insurance plan which is open to the following:
a. saf regulars and full time national servicemen
b. defence executive officers
c. public officers posted to work in mindef
d. saf operational ready national servicemen
e. dsta staff working in saf unit or mindef dept
f. military domain expert personnel and saf volunteer
and eligible dependents:
a. spouse and children (at least age 14 days old) of the above
insured employees
entry age:
you and your spouse must take up this cover before age 55
children from age 14 days old
term of coverage: up to age 70 for you and your spouse
: for a male child, the ......