AVIVA whole Life Insurance policy has several plans including AVIVA MyLifeChoice, AVIVA LifetimeFlexi.
The most popular AVIVA life insurance plan is AVIVA MyLifeChoice.
MyLifeChoice’s Guaranteed Extra Protection option provides the choice to increase your insurance protection cover when you reach key milestones in life, such as marriage, starting a family or even upon graduation – without providing any evidence of health.
MyLifeChoice’s benefits:
Increase your coverage at key life events without providing evidence of health
Enjoy coverage of up to 275% of the Sum Assured.
Guaranteed higher lump sum payout upon claim.
Supplements retirement fund through lump sum withdrawal3.
Optional Critical Illness and Total and Permanent Disability riders for coverage till age 99 and 70 next birthday, respectively.
1. High protection offers good value for money
MyLifeChoice’s Minimum Protection Value (MPV)2 assures you for up to 275% of the Sum Assured in the case of death, Critical Illness6 or Total and Permanent Disability6, ensuring your hard-earned dollars are stretched further.
2. Short-term payment for long-term coverage
You can choose to pay over 15, 20 or 25 years or until the age of 80 years age next birthday.
3. Know your financial commitments upfront
MyLifeChoice guarantees a level premium throughout premium payment term, so you are well informed of your financial commitment from the start.
4. High protection, bonus payouts and easy access to savings
With MyLifeChoice, your monthly premiums will grow into savings over time. You will also have the access to these savings upon retirement. What’s more, bonuses paid over time will contribute to your retirement nest egg.
5. Continuous cover, even if you lose your job
If this happens, simply contact us and we’ll put your premium payments on hold for a year5 and you will still be covered.
As Independent Financial Consultants, we provide insurance plans from most of insurance companies. We list several popular whole life insurance plans from different insurance company for your comparison as below:
Have you ensured the security of your family’s future?
While 6 in 10 Singaporeans claim to have a clear idea of how much their dependents will need in the event of their death or disability
Nearly 7 in 10 have prepared 50% or less of the life insurance cover they think is required
The Life Insurance Association of Singapore estimates that the average Singaporean is under-insured by more than S$300,000.
Taking care of your family is your top priority in life.
If you feel difficult to find a trusty and professional financial consultant, or if you need an independent financial consultant for unbiased advice. We can recommend a trusty financial consultant to discuss your insurance needs FREE of Charge, please fill the online form in Contact Us now. Our recommended financial consultant will contact you to make you understand how to choose suitable insurance to meet your needs.