AIA Absolute Critical Cover Review
The complete Pros and Cons on AIA Absolute Critical Cover
AIA Absolute Critical Cover safeguard you from not just critical illnesses at different stages, but also chronic, age-related, and future unknown diseases. It is also the first and only plan in the market offering potential cash value.
AIA Absolute Critical Cover product details
- Non-participating policy – Term policy
- Covers up to 187 conditions
- This is the first and only plan in the market covering common health conditions such as Thyroid disorders, Sleep Apnoea, Benign prostatic hyperplasia (requiring surgery), and Glaucoma (requiring surgery).
- Choose a preferred coverage term of up to age 65, 75, or 100, whichever best fits your needs.
- Receive a one-time payout of additional 20% of coverage amount, on top of your existing coverage amount, for any illness, injury, condition and even future unknown disease, if you are admitted to ICU for a minimum of 4 days.
- You can enjoy potential cash value on your plan if you choose a plan that covers till age 100.
- In the unfortunate event of death, your loved ones will receive 5% of your coverage amount, including the surrender value (if any).
Features of AIA Absolute Critical Cover at a glance
Cash and Cash Withdrawal Benefits
Cash value: No
Cash withdrawal benefits: No
Health and Insurance Coverage
Death: No
Total Permanent Disability: No
Terminal Illness: No
Critical Illness: Yes
Early Critical Illness: No
Health and Insurance Coverage Multiplier
Death: No
Total Permanent Disability: No
Terminal Illness: No
Critical Illness: Yes
Early Critical Illness: No
Optional Add-on Riders
Yes.
Additional Features and Benefits
Yes.
For further information and details, refer to AIA website. Alternatively, fill-up the form below and let us advise accordingly.
AIA Absolute Critical Cover may be suitable if you are looking for
AIA Absolute Critical Cover may potentially be a good fit if the following matters to you:
- High Health and Protection coverage
- High insurance coverage for Death and Critical Illness
- Lower initial premium compared to other types of insurance policies
- Looking to boost insurance coverage or fill shortfalls in an insurance portfolio
- Insurance policy with a 100% premium refund when policy matures
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AIA Absolute Critical Cover may not be suitable if you are looking for
AIA Absolute Critical Cover may potentially be a bad fit if the following matters to you:
- High insurance coverage for Early Critical Illness, Total Permanent Disability or Terminal Illness
- Long-term cash accumulation
- Regular cash payout
- A one-time premium commitment with no further cash commitment
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Further considerations on AIA Absolute Critical Cover
- How is AIA or AIA Absolute Critical Cover payout and claims based on past track record?
- How does AIA Absolute Critical Cover compare with Term policy from other insurance companies?
- Can AIA Absolute Critical Cover fulfill my financial, insurance, health, and protection needs?
The above information may not fully highlight all the product details and features on AIA Absolute Critical Cover. Talk to us or seek advice from a financial adviser before making any decision about AIA Absolute Critical Cover.
Always ensure your long-term financial goals and objectives are aligned with the financial product you are considering to take up.
Read About: 3 things to consider before taking up a new financial product
Is AIA Absolute Critical Cover suitable for me?
Contact InterestGuru using the form below. Our panel of licensed financial advisers will advise accordingly, based on your financial profile and protection needs.
All financial reviews and proposals provided are 100% free of charge. There will be no obligation to take up any proposed financial products or services in any way.
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