Life Protection
Life insurance and family Takaful plans are generally suitable for individuals with financial dependents, outstanding financial commitments, or long-term protection and savings goals. Adults may purchase a plan for their own life or for the lives of their loved ones, such as a spouse or children. For minors, coverage is typically taken up by a parent or legal guardian, subject to applicable legal requirements. At AIA, we offer life insurance and Takaful plans where the life insured or person covered can be as young as 14 days old and up to 70 years old at entry, with coverage extending up to age 100, depending on the plan.
We are delighted that your company cares for your wellbeing. However, there are several reasons why your company-provided life insurance might not be sufficient:
- Company-provided life insurance / takaful coverage might be minimal and not customised to your needs.
- The insurance / takaful coverage might only be valid as long as you’re working in the company.
- The coverage amount your beneficiaries get might not be enough to support them comfortably.
Therefore, we encourage you to sign up for an individual life insurance or family takaful plan to better suited to your needs.
AIA offers 3 types of life insurance / takaful plans to suit your different needs:
Basic: Provides you with essential protection against unfortunate events such as death and disability.
Comprehensive: Provides comprehensive coverage for your needs. Beyond just protection, these plans may also have investment and savings elements.
Add-on: Flexible plans that you can add to your protection plan to meet your individual needs. Often, additional coverage for accident, medical and critical illnesses are offered as an add-on, providing customers with flexibility depending on their needs and budget.
As everyone’s needs are different, we encourage you to speak with our AIA Life Planners for personalised advice, or view our full suite of Life Protection plans here.
We can connect you to our AIA Life Planner. Kindly drop us your contact details by clicking on this link or call us on 1300-88-1899.
Life insurance and family takaful are financial protection solutions designed to provide support for you and your loved ones in the event of unexpected situations such as death, total permanent disability, or other covered events. These plans help provide financial security by offering a payout that can be used to support daily living expenses, future financial commitments, children’s education, or outstanding debts. Life protection is important because it helps reduce the financial burden on your family and provides greater peace of mind, knowing your loved ones are financially supported during difficult times.
Yes, life insurance and family takaful plans can generally be purchased for your spouse or children, subject to eligibility requirements and applicable terms and conditions. Parents often purchase protection plans for their children to provide long-term financial security or savings benefits, while spouses may obtain coverage to help protect the family’s financial future.
Yes, some life insurance and family takaful plans may include savings or investment-linked features in addition to protection coverage. These plans are designed to provide financial protection while also helping individuals build cash value or grow their savings over time.
Before choosing a life protection plan, it is important to consider factors such as your budget, financial commitments, number of dependents, lifestyle, and long-term financial goals. Many people choose to start life insurance/family takaful plan early because premiums/contributions are generally more affordable at a younger age and coverage duration is longer.
Medical Protection
Everyone can benefit from having a medical insurance / family takaful plan — and it’s best to start when you’re young and eligible.
At AIA, our medical insurance / family takaful plans are available for life insureds from as early as pregnancy (13 weeks gestation for pre-natal) up to 70 years old, with coverage that lasts up to 100 years old.
Employer-provided medical coverage is a good start, but it may not be enough to cover your personal healthcare needs because:
- Coverage is usually basic (lower annual limits, limited benefits, restricted panel)
- Coverage ends when you leave the company, change jobs, or retire
- Coverage terms and limits are determined by the employer and may result in out-of-pocket expenses due to co-insurance, deductibles, non-panel hospital use, depending on the scope of the employer's plan
Having your own individual medical insurance / takaful medical plan gives you continuous protection, control over benefit limits, riders, and helps safeguard your savings against rising medical costs.
If you need help comparing options, we can connect you to our AIA Life Planner to assist you further.
It depends on the type of medical coverage you need and your personal healthcare priorities. Here are some key factors to consider:
- Your healthcare needs
- Coverage and benefits
- Annual and lifetime limits
- Cost-sharing features
If you need help choosing a plan that fits your needs and budget, we can connect you to our AIA Life Planner to assist you further.
Eligibility for a medical insurance / takaful plan is assessed based on several factors, including your age, current health condition, medical history, lifestyle, and occupation. We use this information to determine your coverage options, required disclosures, and whether any exclusions or waiting periods may apply.
If you are unsure about your eligibility or what documents you need,we can connect you to our AIA Life Planner for guidance on your eligibility.
Our medical plan not only protects you when you're unwell, but with AIA Vitality integrated into our medical plans, we reward you when you make healthy choices - enjoy additional health coverage and lifestyle benefits.
This is subject to selected plans' eligibility.
Critical Illness Protection
We encourage everyone to get a critical illness insurance / takaful plan and to start when you're young and eligible.
At AIA, we have critical illness insurance / takaful plans suitable for customers from as young as 13 weeks of gestation for pre-natal, to 100 years old.
Each insurance application is assessed based on a person’s age, medical profile, lifestyle and occupation.
Depending on our AIA Critical Illness insurance / takaful plan, AIA considers and covers up to 180 critical illness conditions such as stroke, cancer, heart attack, kidney failure and more.
AIA offers 3 types of critical illness insurance / takaful plans to suit your different needs:
- Basic: Provides you with essential protection.
- Comprehensive: Provides comprehensive coverage for your needs.
- Add-on: Flexible plans that you can add to your protection plan to meet your individual needs.
View all our Critical Illness Protection plans here.
We can connect you to our AIA Life Planner. Kindly drop us your contact details by clicking on this link or call us on 1300-88-1899.
Investment & Savings
Savings and investment plans can help you work towards your long-term financial goals while providing insurance or takaful protection. Part of your premiums/contrubutions are allocated to investment linked funds which may help you build value over time. As the value of investments can rise or fall with market conditions, these plans are suitable for individuals seeking long-term growth and who understand the associated risk.
AIA offers a range of savings and investment plans designed to meet your unique financial goals.
As individual financial goals differ, we suggest you to talk to our AIA Life Planners to find out more.
We suggest for you to check your budget and total savings needs via our financial calculator here.
We also encourage you to reach out to an AIA Life Planner for a comprehensive financial and protection review.
Our selected savings and investment plans offer additional benefits at no extra premium when you are an AIA Vitality member. We encourage you to learn more about AIA Vitality benefits here so you can enjoy additional rewards for you and your family when you stay healthy.
* subjected to plan's eligibility
We can connect you to an AIA Life Planner. Kindly drop us your contact details by clicking on this link or call us on 1300-88-1899.
An investment-linked plan combines protection with investment. A portion of your contribution goes to protection while another portion is invested into funds to help grow long-term value.
Yes, selected plans may allow adjustments such as contribution amount, coverage, or fund allocation depending on your financial needs and life stage.
These plans are subject to market risk, and investment values may fluctuate. Returns are not guaranteed, and you should consider your risk tolerance before investing.
Accident Protection
We encourage everyone to have a personal accident insurance plan as misfortune strikes when you least expect it. This ensures that you and your loved ones have sufficient financial support if you meet with an accident.
Each insurance application is assessed based on a person’s age, medical profile, lifestyle and occupation.
Your coverage is valid until you reach your plan’s coverage age limit and as long as you continue paying your monthly payments (premiums). Failure to make your payments could result in your coverage ending and your plan being terminated.
AIA offers 2 types of personal accident insurance plans to suit your different needs:
- Comprehensive: Provides comprehensive coverage for your needs.
- Add-on: Flexible plans that you can add to your basic protection plan to meet your individual needs.
View all our Accident Protection plans here.
We can connect you to our AIA Life Planner. Kindly drop us your contact details by clicking on this link or call us on 1300-88-1899.
