AIA Smart Flexi Rewards (II) Review

AIA Smart Flexi Rewards product details

• Life policy – Endowment and Saving policy
• Premium Term
  • Choose to save for 5 or 10 years, 15 to 30 years
  • Choose a policy term from 15 to 30 years
• Yearly Payout
  • From the end of the 2nd year onwards till the year before policy maturity, receive yearly guaranteed cash coupons in cash or reinvest them at the prevailing interest rate
  • Receive a lump-sum maturity benefit on top of any accumulated coupon and bonuses upon policy maturity
• Capital Guaranteed
  • Receive at least all premiums paid upon policy maturity
• Hassle-free Application
  • Guaranteed acceptance with no health questions asked
• Optional Add-ons
  • Early Critical Protector Waiver of Premium (II) rider or Critical Protector Waiver of Premium (II) rider
    • Future premiums are waived upon diagnosis of any of the Critical Illness
  • Early Critical Protector Payor Benefit (II) rider
    • Premiums will be waived for your child’s insurance policies should you be diagnosed with any Critical Illness, TPD or Death

Read about: Endowment and Saving policy: How does it work?

Read about: Endowment and Saving policy: Is it the best option?

Features of AIA Smart Flexi (II) Rewards 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: No
Early Critical Illness: No

Optional Add-on Riders

• • Early Critical Protector Waiver of Premium (II) rider
  • Critical Protector Waiver of Premium (II) rider
  • Early Critical Protector Payor Benefit (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.

Read about: Effects of compounding returns on your saving

Read about: Where do I start with financial planning

AIA Smart Flexi Rewards (II) may be suitable if you are looking for

AIA Smart Flexi Rewards (II) may potentially be a good fit if the following matters to you:

• A hassle-free application without medical underwriting
• Short to medium term endowment and savings plan
• Planning for your children’s future education costs
• To potentially generate higher financial returns compared to bank accounts
• Education endowment saving policy with riders to waive future premiums due to unforeseen circumstances
• Liquidity or flexibility of withdrawal in your Insurance policy.

AIA Smart Flexi Rewards (II) may not be suitable if you are looking for

AIA Smart Flexi Rewards (II) may potentially be a bad fit if the following matters to you:

• Health and Protection coverage
• High insurance coverage for Death or Terminal Illness
• Insurance coverage for Early Critical Illness, Critical Illness or Total Permanent Disability
• Lifetime regular cash payout
• A one-time premium commitment with no further cash commitment
• Potentially higher financial returns compared to a pure investment product.
• Insurance policy with a high surrender value in the early years of the policy.

Read About: How can I accumulate a million dollar (Realistically)

Further considerations on AIA Smart Flexi Rewards (II)

• How is AIA or AIA Smart Flexi Rewards (II) investment returns based on historical performance?
• How does AIA Smart Flexi Rewards (II) compare with Endowment policy from other insurance companies?
• Can AIA Smart Flexi Rewards (II) fulfill my financial, insurance, health, and protection needs?

The above information may not fully highlight all the product details and features on AIA Smart Flexi Rewards (II). Talk to us or seek advice from a financial adviser before making any decision about AIA Smart Flexi Rewards (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)

Read About: 3 best Savings plans and endowment policies in Singapore (updated Jan 2023)

Where can I compare the payout and benefits of saving plans and endowment policies?

Before committing to an insurance policy, it certainly pays to make an effort to compare. Specific product features, benefits and payouts 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 saving plans and endowment policies.

Alternatively, you just need to provide us with a couple of details below.

Is AIA Smart Flexi Rewards (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.

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.

*For a limited time, get attractive incentives when you take up any products that is proposed by our team of financial planners.

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

Before you go...

AIA Smart Flexi Rewards (II) 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.

Drop us a message and find out about customised options across multiple insurance companies. You deserve to get the best out of your hard-earned savings!

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