AIA Platinum Gift for Life Plus (II) (SGD)
AIA
Category
Whole Life
Coverage
Death
Coverage Term
Whole Life . Up to age 120
Overview
AIA Platinum Gift for Life Plus (II) (SGD) offers liquidity for today and a legacy for the future. This is a participating whole life plan designed to provide monthly income up to age 120. Each monthly income comprises (i) a guaranteed monthly coupon (ii) a non-guaranteed monthly dividend (if any).
Key Features
- Option to receive monthly payout which starts from the policy month immediately after the accumulation period (1 year or 5 years) or accumulate the payouts to receive interest.
- Receive a guaranteed surrender value of at least 80% of the single premium you paid from day 1.
- Hassle-free application, no health checks required.
- Option to change life insured.
Whole life insurance offers coverage for life and is commonly used for protection and legacy planning. This is unlike term insurance that only provides coverage for a specified period. Plans are usually offered on a participating basis and will accumulate cash value, allowing you to cash out should the need arise.
