Aviva DIRECT Term Life Review
The complete Pros and Cons on Aviva DIRECT Term Life
Aviva DIRECT Term Life product details
- Non-participating policy – Term policy
- Enjoy $400,000 coverage for as little as $0.62 per day.
- Receive a lump sum payout when Death, Terminal Illness or Total and Permanent Disability happens
- Pay the same premium amount, guaranteed throughout the cover term
- Choose your cover term – 5 years, 20 years, or up to age 65
- Benefit from a Guaranteed Renewable Option to renew your coverage for a 5 year cover term up to age 85 regardless of your future health condition
- Sum assured from $50,000 to $400,000
Read About: Term Policy: How does it work?
Read About: 3 things to consider before taking up a new financial product
Features of Aviva DIRECT Term Life 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
DIRECT– Aviva Critical Illness Cover
Additional Features and Benefits
Yes.
For further information and details, refer to Aviva website. Alternatively, fill up the form below and let us advise accordingly.
Aviva DIRECT Term Life may be suitable if you are looking for
Aviva DIRECT Term Life 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
Aviva DIRECT Term Life may not be suitable if you are looking for
Aviva DIRECT Term Life 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 Aviva DIRECT Term Life
- How is Aviva or Aviva DIRECT Term Life payout and claims based on past track record?
- How does Aviva DIRECT Term Life compare with Term policy from other insurance companies?
- Can Aviva DIRECT Term Life fulfil my financial, insurance, health and protection needs?
The above information may not fully highlight all the product details and features on Aviva DIRECT Term Life. Talk to us or seek advice from a financial adviser before making any decision about Aviva DIRECT Term Life.
Always ensure your long-term financial goals and objectives are aligned with the financial product you are considering to take up.
Is Aviva DIRECT Term Life 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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