AIA Pro Lifetime Protector (II) Review
The complete Pros and Cons on AIA Pro Lifetime Protector (II)
AIA Pro Lifetime Protector (II) product details
AIA Pro Lifetime Protector (II) protects yourself and your loved ones against death, as well as disability and 150 multi-stage critical illnesses with the addition of comprehensive riders.
All while enjoying the flexibility to refine your investments with professional guidance, rejig your coverage to suit your goals for each life stage, and more.
Read about: 3 best Investment Linked Policies in Singapore for Wealth Accumulation (2023 Edition)
- Life Policy – Investment-linked policy
- Issuance age from 0 to 70 years old
- Increase your basic coverage by up to S$200,000 without medical underwriting during key life milestones, namely your 18th birthday, marriage, birth of child, death of spouse or adoption of child before your 60th birthday
- Provides you guaranteed protection for the first 10 years regardless of your investment performance
- 100% and subsequently 102% of your premiums will go into investments from the 5th and 10th policy year onwards respectively, making your money work harder for you.
- Access your cash whenever you need it through partial withdrawals after the 2nd year, at no charge.
Read about: How does Investment-Linked Policy work?
Read about: Investment-Linked Policy: Is it the best option?
Features of AIA Pro Lifetime (II) Protector at a glance
Cash and Cash Withdrawal Benefits
Cash value: Yes
Cash withdrawal benefits: Yes
Health and Insurance Coverage
- Death: Yes
- Total Permanent Disability: Yes
- Terminal Illness: Yes
- Critical Illness: Yes
- Early Critical Illness: Yes
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
- Total Disability Accelerator (II) Rider
- Total Critical Accelerator (II) Rider
- Lifetime Critical Cover Rider
- Relapse Benefit Rider
- Early Critical Protector Waiver Of Premium (II) Rider
- Critical Protector Waiver Of Premium (II) Rider
- Child Critical Cover Rider
- Early Critical Protector Payor Benefit (II) Rider
- Payor Benefit Comprehensive Special (II) Rider
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 Pro Lifetime Protector (II) may be suitable if you are looking for
AIA Pro Lifetime Protector (II) 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 Pro Lifetime Protector (II) may not be suitable if you are looking for
AIA Pro Lifetime Protector (II) 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 Pro Lifetime Protector (II)
- How are the investment returns of AIA or AIA Pro Lifetime Protector (II) based on historical performance?
- How good is AIA Pro Lifetime Protector (II) compared to Investment Linked Policy from other insurance companies?
- Can AIA Pro Lifetime Protector (II) fulfil my financial insurance, health and protection needs?
The above information may not fully highlight all the product details and features on AIA Pro Lifetime Protector (II). Talk to us or seek advice from a financial adviser before making any decision about AIA Pro Lifetime Protector (II).
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 Pro Lifetime Protector (II) 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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