You only need to pay for this plan over 20 years to enjoy coverage up to age 75.
Guaranteed Cash Payments
You will receive guaranteed annual cash payments from the fifth year of your policy until the plan ends.
Increasing Death Benefit
This plan provides your family with a lump sum payment if you pass away. The sum you are covered for increases annually beginning from the eighth policy year.
Increasing Total and Permanent Disability Benefit
You will receive a lump sum payment if you suffer total and permanent disability (TPD). The sum you are covered for increases annually, beginning from the eighth policy year.
Enjoy Potential Dividends
After your fifth policy year, you are entitled to receive any declared annual dividends. You may also receive a terminal dividend when your policy ends.
Additional Death Benefit
Your family will receive twice the amount you are covered for if you pass away due to an accident. They will receive triple the amount if the accident happens on public bus or train, in a public building or an elevator.
Additional Disability Benefit
You will receive double your sum assured if you suffer total and permanent disability caused by an accident. You will receive triple the amount if the accident happens on public bus or train, in a public building or an elevator.
Funeral Expense Benefit
When you pass away, your family will receive an additional 25% of your initial sum assured to help with funeral expenses.
When your plan ends, you will receive 120% of the sum covered by this plan as well as any accumulated guaranteed cash payments and dividends. This will be paid to you as a lump sum.
Insurance Lingo Explained
What does lump sum mean?
This is a single, large claim payment.
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 annual dividend & terminal dividend mean?
You may receive extra cash in the form of annual dividends. In addition, a terminal dividend may be paid out to you when you make a claim, choose to stop the policy or when the policy ends.
What does maturity mean?
This is the date when your insurance coverage for this plan ends.
Like what you've read? This is just a summary of our product. If you want more information, you can view our brochure or contact an AIA Life Planner.