Provide your loved ones with a financial cushion and become a pillar of strength in the event of unexpected death or disability, ensuring that your family can continue pursuing their life aspirations and goals.
- Overview
- Product Solutions
Protect yourself and your loved ones from life's uncertainties with AIA's life insurance and takaful plans.
Why Is A Life Protection Plan Important For You
Income Protection for Your Family
Provides your family with financial support to help cover living expenses in the event anything unexpected happens to you.
Long-Term Financial Planning
Whole life or investment-linked policies offers the potential to build cash value over time and complement your retirement savings.
Protection Against Financial Obligations
The funds from life policies can be used by your family to settle your outstanding debts such as housing loans, car loans and personal financing.
Frequently Asked Questions
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.
Read here to have your questions answered on life insurance/ takaful plans.
Promotions & Offers
We offer exclusive promotions and tailored plans to help you stay financially secure through life’s most critical moments. Whether you're just starting out or supporting a family, there's a plan designed for your needs. Explore our offers today or speak to an AIA Life Planner to find the right coverage for you.
Product Solutions
Explore our range of life insurance / family takaful plans to stay financially prepared and focus on what truly matters - your loved one's future.
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