Life Protection
Protect your loved ones’ future from life’s uncertainties.
A-Life Signature-i & A-Life Signature-i PlusOne
Life Protection
Coverage Period
UP TO 70, 80 AND 100 YEARS OLD
Entry Age
18 - 70 YEARS OLD
You can participate in this plan via
AIA life planner
WHAT IS THIS PRODUCT ABOUT
Family is not just important, it means everything to you. You want peace of mind, knowing that even if the unthinkable happens to you, your loved ones can go on to pursue their hopes and ambitions.
A-Life Signature-i is a flexible investment-linked plan that is designed to protect the lifestyles of the ones you love most if you're no longer able to fulfill that role.
When you participate in A-Life Signature-i plan, your spouse or child (age 18 and above) will be given the privilege to participate in A-Life Signature-i PlusOne. A-Life Signature-i PlusOne features the same benefits as A-Life Signature-i with 10% lower in basic contribution and is entitled for Loyalty Bonus at the end of each certificate year.
Join AIA Vitality, a unique programme that actively supports and rewards you for making healthy choices.
When you sign up as an AIA Vitality member upon your participation in A-Life Signature-i or A-Life Signature-i PlusOne plan, you may receive an additional benefit called Signature Boost. Through Signature Boost, you may receive additional account value when your certificate matures or when your certificate terminates due to death, total and permanent disability (TPD) or critical illness (CI) claims.
Please refer to the terms and conditions.
WHAT DOES IT PROVIDE?
-
Lifestyle Protection for Your Family
This plan provides your family with a lump sum payment of 100% of the amount you are covered for if you pass away or diagnosed with total and permanent disability (TPD).
-
Extra Coverage For Accidents
We will pay 200% the coverage amount if you pass away due to an accident, and 300% the coverage amount if the accident occurs in public transportation.
-
Double Coverage during Hajj and Umrah
Your family will receive a lump sum payment of 200% of the amount you are covered for if you pass away while performing Hajj or Umrah.
-
Maturity Booster
When you reach the end of your coverage period, we will pay you 100% of your account value, plus an additional 20%, to mark the end of your certificate's term.
-
Critical Illness Protection
You can boost your coverage further by adding on cover for critical illnesses to this plan so you will have the financial means to focus on your recovery if you are diagnosed with a life-threatening illness.
-
Choice of Coverage and Payment Terms
You have the flexibility to choose your length of coverage and payment terms, depending on your financial commitments and aspirations for your loved ones.
-
No Medical Check Up Required
You will not have to go through a medical check up* if your coverage amount is RM1.5 million and below.
* Depending on your age and health condition.
-
Get More Account Value Through Signature Boost
When you sign up as an AIA Vitality member upon your participation in A-Life Signature-i or A-Life Signature-i PlusOne plan, you may receive an additional benefit called Signature Boost.
This allows you to receive additional account value based on your accumulated Signature Boost Percentage (SBP) or the Locked-in SBP, whichever is higher when your certificate matures or when your certificate terminates due to death, TPD or critical illness claim (if applicable). The initial SBP starts from 20%. For each subsequent year, the SBP may increase, decrease or remain the same based on your AIA Vitality Status.
CLICK HERE TO KNOW MORE ABOUT AIA VITALITY -
Surplus Sharing
If there is any excess from the Takaful risk fund at the end of every year, AIA PUBLIC will share it with the eligible Participants at 50:50 ratio.
Takaful Lingo Explained
What does total & permanent disability mean?
It means that because of a sickness or injury, a person is unable to ever work again.
What does certificate mean?
This is the contract that defines the coverage you will receive from the plan.
What does account value mean?
This is the total value of the units of the investment funds available in your plan.
What does critical illness mean?
Critical illness refers to life-threatening condition.
What does contribution mean?
This is the amount that you pay to participate in the Takaful to protect you and your loved ones over a specified risk over a specified time.
What does investment-linked mean?
It means the value of your policy will depend on the performance of the investment funds you choose.
Like what you’ve read? This is purely a product summary. If you want more information about this product, please request a copy of the Product Disclosure Sheet and Product Illustration from an AIA Life Planner.
THE TERMS & CONDITIONS AT A GLANCE
- This plan covers you up to the coverage term you have chosen, provided the certificate remains in force and the account value is sufficient to pay for the Tabarru‘ and other charges.
- TPD and accidental death are only covered before the age of 70 only.
- The additional value you will get from Maturity Booster and Signature Boost will be capped at 20% of the coverage amount of your basic certificate.
- The Tabarru‘ is deducted depending on your attained age and it will increase as your age increases.
- The Tabarru‘ for this plan is not guaranteed and AIA PUBLIC reserves the right to revise the Tabarru‘ by giving you 3 months written notice.
- You may switch your funds as you need. The switching fee is currently free and AIA PUBLIC reserves the right to revise the switching fee by giving the certificate owners 3 months prior written notice.
- Your certificate account value is not guaranteed and fluctuates based on the performance of AIA PUBLIC Investment Fund. The potential risks of investing in the funds are borne solely by you.
- All benefits payable are subject to deduction of any indebtedness.
- The contributions paid for this plan may qualify you for a personal tax relief , subject to the final decision of the Inland Revenue Board of Malaysia.
- Please note that contributions paid by business organisations are subject to the applicable tax imposed by the Government of Malaysia at the prevailing rate.
- If there is any surplus arising from the Takaful risk fund, the surplus will be shared with the eligible participants in accordance to their Tabarru’ allocation.
- Only one A-Life Signature -i PlusOne certificate can be tagged to one A-Life Signature-i certificate.
- The maximum coverage amount for A-Life Signature-i PlusOne is up to the coverage amount of the tagged A-Life Signature-i.
- A-Life Signature-i PlusOne will be offered a 10% lower contribution than the actual contribution rate for the standard basic plan subject to the condition of the certificate status of the tagged A-Life Signature-i is in force, matured or terminated due to claims.
- The contribution will be increased to the actual contribution rate on the next due date after the tagged A-Life Signature-i certificate is surrendered, lapsed or terminated other than due to claims.
- A-Life Signature-i PlusOne certificate is entitled for Loyalty Bonus which is equivalent to 10% of Tabarru’ deducted during a certificate year and it will be credited into Participant's Investment Fund-Savings Account at the end of each certificate year, provided that at the end of that certificate year the A-Life Signature-i PlusOne certificate is inforce and the tagged A-Life Signature-i certificate is inforce or matured or terminated due to claims.
- The account value is depending on the contribution payable and subject to the contribution allocation and deduction of certificate charges. The account value of A-Life Signature-i PlusOne may be lesser than A-Life Signature-i due to the lower contribution paid.
- You will be granted with an initial percentage of 20% of Signature Boost Percentage (SBP). SBP will change based on AIA Vitality Status at every Signature Boost Anniversary.
- Signature Boost Percentage will be locked in at age 55 of the Person Covered or the 20th Signature Boost Anniversary from the Effective Date, whichever is later.
- Signature Boost is determined by multiplying the higher of current SBP or the SBP with the account value (exclude account value from ad hoc top up), subject to a maximum 20% of the Sum Covered of Basic Plan. It is payable at maturity or upon termination of certificate due to death, TPD or critical Illness claims (if applicable).
- The SBP (%) may eventually decrease to zero percent (0%) due to Bronze or Silver status that reflects a negative change in SBP (%). It will not fall below zero percent (0%) and will remain at zero percent (0%) until there is a positive change in SBP (%).
- Signature Boost will cease upon payment of 100% of Signature Boost or if the Person Covered ceases to be an AIA Vitality member or if the Certificate has lapsed or surrendered; whichever occurs earlier.
