Aviva MyProtector – Level Plus Review
The complete Pros and Cons on Aviva MyProtector – Level Plus
Aviva MyProtector – Level Plus has been phased out and replaced with Singlife Elite Term. For further information and details about this plan, fill up the form below and let us advise you accordingly.
Aviva MyProtector- Level Plus product details
- Non-participating policy – Term policy
- Coverage of S$500k and below
- Coverage term of 5 years, 10 years or 11 years to term up to 99 Age Next Birthday at every one-year interval
- Guaranteed Renewable Option (GRO) allows you to renew your Basic Policy automatically every 5 or 10 years from the renewal date at policy anniversary for the same policy term without medical underwriting
- Increase coverage at key life events – Guaranteed Issuance Option (GIO) provides the flexibility to increase coverage of your Basic Policy when you reach key milestones in life, such as marriage, starting a family or even upon graduation
- Interim Accidental Death Benefit
Aviva My Protector – Level Plus is a common search alternative for Aviva MyProtector – Level Plus.
Read About: Term Policy: How does it work?
Read About: 3 things to consider before taking up a new financial product
Features of Aviva MyProtector- Level Plus at a glance
Cash and Cash Withdrawal Benefits
Cash value: No
Cash withdrawal benefits: No
Health and Insurance Coverage
Death: Yes
Total Permanent Disability: No
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
Total and Permanent Disability Advance Cover Plus
Critical Illness Advance Cover Plus
MultiPay Critical Illness Cover
Early Critical Illness Cover
Critical Illness Premium Waiver
Payer Critical Illness Premium Waiver
Payer Premium Waiver Benefit
Additional Features and Benefits
Yes.
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Aviva MyProtector – Level Plus may be suitable if you are looking for
Aviva MyProtector – Level Plus 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 MyProtector – Level Plus may not be suitable if you are looking for
Aviva MyProtector- Term Plan 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 MyProtector – Level Plus
- How is Aviva or Aviva MyProtector – Level Plus payout and claims based on past track record?
- How does Aviva MyProtector – Level Plus Plan compare with Term policy from other insurance companies?
- Can Aviva MyProtector – Level Plus fulfil my financial, insurance, health and protection needs?
The above information may not fully highlight all the product details and features on Aviva MyProtector – Level Plus. Talk to us or seek advice from a financial adviser before making any decision about Aviva MyProtector – Level Plus.
Always ensure your long-term financial goals and objectives are aligned with the financial product you are considering to take up.
Is Aviva MyProtector – Level Plus 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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