AIA Elite Secure Income Review
The complete Pros and Cons on AIA Elite Secure Income
AIA AIA Elite Secure Income product details
AIA Elite Secure Income is the first-in-market affordable, capital guaranteed investment-linked plan that lets you achieve your dream retirement confidently.
Boost your capital with Power-up Bonus and offer exclusive access to a series of institutional funds that are guided by best-in-class investment houses. All for as little as $300 a month.
Read about: 3 best Investment Linked Policies in Singapore for Wealth Accumulation (2023 Edition)
- Life Policy – Investment-linked policy
- Issuance age from 0 to 65 years old
- Every dollar that you put into the plan is guaranteed so you can invest and grow your retirement funds with complete peace of mind.
- Choose to receive your monthly income over 10 or 15 years.
- 2 types of monthly income
- Secure Monthly Income
- Get back 100% of your basic premiums paid during the Secure Payout Period. Regardless of market performance, the Secure Monthly Income is guaranteed and will be paid out to you even if your policy value falls to zero.
- Target Monthly Income
- Continue to receive your monthly income during the Target Payout Period when the Secure Payout Period ends, till the policy value falls to zero. The Target Monthly Income is non-guaranteed and is dependent on market performance.
- Secure Monthly Income
- Boost your capital with perpetual Power-up Bonus from the end of the 10th policy year and every 5 years thereafter.
- Flexibility to adjust your plan based on your needs.
Read about: How does Investment-Linked Policy work?
Read about: Investment-Linked Policy: Is it the best option?
Features of AIA Elite Secure Income at a glance
Cash and Cash Withdrawal Benefits
Cash value: Yes
Cash withdrawal benefits: Yes
Health and Insurance Coverage
- Death: No
- Total Permanent Disability: No
- Terminal Illness: No
- Critical Illness: No
- Early Critical Illness: No
Health and Insurance Coverage Multiplier
- Death: No
- Total Permanent Disability: No
- Terminal Illness: No
- Critical Illness: Yes
- Early Critical Illness: Yes
Optional Add-on Riders
N.A.
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.
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AIA Elite Secure Income may be suitable if you are looking for
AIA Elite Secure Income may potentially be a good fit if the following matters to you:
- Initial high protection for Death and Terminal Illness coverage at an affordable premium.
- Initial high Early Critical Illness, Critical Illness and Total Permanent Disability coverage in an Insurance Policy.
- Health and Protection coverage due to a shortfall in your Insurance Portfolio.
- To participate in the long-term financial returns of investing.
- Liquidity or flexibility of withdrawal in your Insurance policy.
- Able to take investment risks and comfortable with financial market volatility.
- Potentially higher financial returns compare to traditional Endowment and Whole Life Policy.
Read about: An introduction to Investment Linked Policy
NEW Feature: Compare investment-linked policies across insurance companies using the CompareNOW feature on InterestGuru.sg.
AIA Elite Secure Income may not be suitable if you are looking for
AIA Elite Secure Income may potentially be a bad fit if the following matters to you:
- Life-long health and protection coverage due to increasing mortality charges.
- Guaranteed financial returns in the long-run.
- Insurance policy with a high surrender value in the early years of the policy.
- Expecting an urgent need for withdrawal during a financial market downturn.
Read about: 3 things to consider before taking up a new financial product
Read about: Where do I start with financial planning?
Further considerations on AIA Elite Secure Income
- How are the investment returns of AIA or AIA Elite Secure Income based on historical performance?
- How good is AIA Elite Secure Income compared to Investment Linked Policy from other insurance companies?
- Can AIA Elite Secure Income fulfil my financial insurance, health and protection needs?
The above information may not fully highlight all the product details and features on AIA Elite Secure Income. Talk to us or seek advice from a financial adviser before making any decision about AIA Elite Secure Income.
Always ensure your long-term financial goals and objectives are aligned with the financial product you are considering to take up.
Read about: How can I accumulate a million dollar (Realistically)
Where can I compare the payout and benefits of Investment Linked Policies?
Before committing to an insurance policy, it certainly pays to make an effort to compare. Specific products features, benefits and payout will differ more than you think across insurance companies. Why regret only years later, when you find out that you are not getting the best insurance policy available for the premium paid?
Use our Compare NOW feature to receive the most competitive quotes on Investment linked Policies. You just need to provide us with a couple of details below.
Is AIA Elite Secure Income 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.
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