AIA DIRECT Term Cover Review

AIA DIRECT Term Cover product details

• Non-participating policy – Term policy
• Issuance age from 18 to 65 years old
• High coverage at affordable premiums
• Flexible choice of coverage length of 5 or 20 years, or up to age 65
• Premiums won’t increase as you get older
• The 5-year plan is guaranteed to be renewable up to the age of 85, regardless of the state of your health

Read About: Term Policy: How does it work?

Read About: 3 things to consider before taking up a new financial product

Features of AIA DIRECT Term Cover at a glance

Cash and Cash Withdrawal Benefits

Cash value: No
Cash withdrawal benefits: No

Health and Insurance Coverage

Death: Yes
Total Permanent Disability: Yes
Terminal Illness: Yes
Critical Illness: No
Early Critical Illness: No

Health and Insurance Coverage Multiplier

Death: No
Total Permanent Disability: No
Terminal Illness: No
Critical Illness: No
Early Critical Illness: No

Optional Add-on Riders

Critical Illness Protection

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.

Read Also: No budget for financial planning?

AIA DIRECT Term Cover may be suitable if you are looking for

AIA DIRECT Term Cover may potentially be a good fit if the following matters to you:

• High Health and Protection coverage
• High insurance coverage for Death or Terminal Illness
• High insurance coverage for Early Critical Illness, Critical Illness or Total Permanent Disability
• Lower initial premium compared to other types of insurance policies
• Looking to boost insurance coverage or fill shortfall in insurance portfolio

AIA DIRECT Term Cover may not be suitable if you are looking for

AIA DIRECT Term Cover may potentially be a bad fit if the following matters to you:

• Long-term cash accumulation
• Regular cash payout
• A one-time premium commitment with no further cash commitment
• Insurance policy with a surrender value.

Further considerations on AIA DIRECT Term Cover

• How is AIA or AIA DIRECT Term Cover payout and claims based on past track record?
• How does AIA DIRECT Term Cover compare with Term policy from other insurance companies?
• Can AIA DIRECT Term Cover fulfil my financial, insurance, health and protection needs?

The above information may not fully highlight all the product details and features on AIA DIRECT Term Cover. Talk to us or seek advice from a financial adviser before making any decision about AIA DIRECT Term Cover.

Always ensure your long-term financial goals and objectives are aligned with the financial product you are considering to take up.

Is AIA DIRECT Term 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.

We compare quotations head to head on all leading insurers in Singapore

Before you go...

AIA DIRECT Term Cover may be a good fit towards your current financial goals. However, there could be way more plans out there with features and/ or benefits that could be more relevant to you at a lower cost.

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