Please note that qualification is not automatic. Eligible policy/certificate holders need to apply for the payment deferment and their application is subject to AIA’s approval.
They must meet the criteria below:
(a) Policy/Certificate holders who have been infected with COVID-19, or subject to mandatory home quarantine due to contact with a COVID-19 patient, or have suffered loss of income as a result of the economic impact due to the pandemic,
(b) Active life insurance policy/takaful certificate with premium/contribution due date that falls between 18 March 2020 and 30 June 2021 (both dates inclusive)
(c) Regular-premium-paying policy/contribution certificate regardless of payment frequency.
Those who have successfully applied for the deferment of premium/contribution payment in 2020 and have fully repaid all deferred premium/contribution(s), may be eligible to re-apply.