Everyone needs medical insurance, but not everyone needs critical illness protection.
Protect yourself and your loved ones from life's uncertainties with AIA's life insurance and takaful plans.
A life insurance plan does not directly benefit the policyholder. It protects the person’s loved ones in the event of their passing, OR a Total & Permanent Disability (TPD) by providing a sum of pay out in that event. The dependents can use pay out to cover expenses, loans or other costs during their absence.
What is the difference between term and whole life?
What should I take into account in selecting term or whole life insurance?
• Your current age
• Your financial commitments for you and your family
• Age of your children
• Future plans for funeral and death expenses
• Your current debts or commitments (personal / family)
• Retirement plans
• Future needs for your family – child care / tuition fees
• Your current health status
Should I go for Term or Whole Life?
Now that you know the differences between both policies, it makes it easier for you to choose on which policy would suit you best. Whichever route you take, always make sure you have all your numbers listed down and double check before signing up for a policy considering all your current and future needs, for both yourself and your family.
The above articles are intended for informational purposes only. AIA accepts no responsibility for loss which may arise from reliance on information contained in the articles.
Life is full of uncertainties. To safeguard you and your loved ones’ future, planning for adequate protection should be one of your top priorities.