Aviva Life Insurance partners with Wizz Financial to expand access to insurance solutions
New Delhi, Oct 6 (TNT): Aviva Life Insurance Company India Ltd has partnered with Wizz Financial Group through its travel and lifestyle service provider Wizz Holidays Pvt Ltd, powered by Wizzmoni Financial Services Ltd, to expand access to life insurance and critical illness protection across Wizz Financial’s ecosystem.
Under the partnership, Aviva Life Insurance will offer a range of insurance solutions, including Aviva Signature 3D Term Plan, Aviva 3D Term Plan – Platinum, Aviva Smart Vital and Group Credit Life products.
The partnership will initially focus on customers accessing gold-backed credit through Wizz Financial’s ecosystem, enabling them to consider suitable insurance solutions during their borrowing journey, subject to their choice and consent, the Insurance comany said in a release on Monday.
The offering is expected to be extended to customers accessing other financial and travel-related products, including foreign exchange services, the companies said.
Aviva Life Insurance CEO and Managing Director Asit Rath said the partnership would help bring insurance closer to customers at the time of making financial decisions.
He said the collaboration aims to make protection easier to access and understand and integrate it more naturally into customers’ financial planning.
Wizz Financial Founder and CEO Amir Nagammy said the partnership would help customers in India access life insurance solutions more easily.
The collaboration combines Wizzmoni’s distribution reach with Aviva’s insurance expertise to support customers in protecting their families and financial interests, he said.
The partnership is part of Aviva Life Insurance’s efforts to expand access to insurance solutions in line with evolving customer needs.
The company said it also continues to focus on financial preparedness and preventive approaches to overall well-being.
It recently launched a Term Insurance Plan with Return of Premiums for customers seeking life protection along with the return of total premiums paid upon survival till maturity.
