Aviva MyLifeInvest Review
The complete Pros and Cons on Aviva MyLifeInvest
Aviva MyLifeInvest product details
Aviva MyLifeInvest Rating on InterestGuru.sg: [usr=3.91]
Aviva MyLifeInvest Popularity on InterestGuru.sg: [usr=3.4]
Read About: 3 best Investment Linked Policies in Singapore (updated 2023)
- Life Policy – Investment-linked policy
- Stop paying premiums by taking a premium holiday
- Option to increase the protection coverage without evidence of good health when your life stages change
- Flexibility to reduce your coverage to zero in the 12th year to maximise investment portion for returns
Aviva My Life Invest is a commonly search alternative for Aviva MyLifeInvest.
Read About: How does Investment-Linked Policy work?
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Features of Aviva MyLifeInvest 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
Level Term Cover
Early Critical Illness Cover
Critical Illness Additional Cover
Critical Illness Accelerated Cover
Level Term Critical Illness Accelerated Cover
Payer Critical Illness Premium Waiver Benefit
Payer Premium Waiver Benefit
Critical Illness Premium Waiver
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.
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Aviva MyLifeInvest may be suitable if you are looking for
Aviva MyLifeInvest 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.
Aviva MyLifeInvest may not be suitable if you are looking for
Aviva MyLifeInvest 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
Further considerations on Aviva MyLifeInvest
- How are the investment returns of Aviva or Aviva MyLifeInvest based on historical performance?
- How good is Aviva MyLifeInvest compared to Investment Linked Policy from other insurance companies?
- Can Aviva MyLifeInvest fulfil my financial insurance, health and protection needs?
The above information may not fully highlight all the product details and features on Aviva MyLifeInvest. Talk to us or seek advice from a financial adviser before making any decision about Aviva MyLifeInvest.
Always ensure your long-term financial goals and objectives are aligned with the financial product you are considering to take up.
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Read About: 3 best Investment Linked Policies in Singapore for Wealth Accmulation (2023 Edition)
Is Aviva MyLifeInvest 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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