Aviva MyWholeLifePlan Review
The complete Pros and Cons on Aviva MyWholeLifePlan
Aviva MyWholeLifePlan has been discontinued and replaced with Singlife Whole Life. For further information and details about this plan, fill up the form below and let us advise you accordingly.
Aviva MyWholeLifePlan product details
Aviva MyWholeLifePlan Rating on InterestGuru.sg: [usr=4.25]
Aviva MyWholeLifePlan Popularity on InterestGuru.sg: [usr=3.75]
- Life policy – Whole Life Policy
- High coverage of 3 times or 4 times the chosen Sum Assured up to age 70
- Guaranteed Extra Protection option to increase your coverage at key life events (eg. marriage, newborn child or graduation) without providing evidence of health
- Continuous cover for one year when you lose your job
- Choice of 10, 15 or 25 years premium term options
Aviva My Whole Life Plan is a common search alternative for Aviva MyWholeLifePlan.
Read About: Whole Life Policy: How does it work?
Read About: Aviva MyWholeLifePlan II – Continual coverage and multiple claims
Read About: 3 Best Whole Life Plans in Singapore for Insurance Coverages (2023 Edition)
Features of Aviva MyWholeLifePlan at a glance
Cash and Cash Withdrawal Benefits
- Cash value: Yes
- 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: Yes
- Total Permanent Disability: Yes
- Terminal Illness: Yes
- Critical Illness: No
- Early Critical Illness: No
Optional Add-on Riders
- Early Critical Illness Advance Cover
- Critical Illness Advance Cover
- Premium Waiver Benefits
- Total and Permanent Disability Advance Cover
Additional Features and Benefits
Yes.
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Aviva MyWholeLifePlan may be suitable if you are looking for
Aviva MyWholeLifePlan may potentially be a good fit if the following matters to you:
- Higher protection for Death and Terminal Illness coverage at an affordable premium.
- Higher 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.
- Accumulating cash value in the policy for financial returns in the long-term.
- Paying premiums only for a limited number of years and enjoying coverage for a lifetime.
Read About: How much insurance coverage do you really need in Singapore *NEW*
In-depth Review: Term insurance vs Whole Life insurance – Which is better for you?
Aviva MyWholeLifePlan may not be suitable if you are looking for
Aviva MyWholeLifePlan may potentially be a bad fit if the following matters to you:
- Liquidity or flexibility of withdrawal in your Insurance policy.
- Access to cash from your policy on a regular basis.
- Insurance policy with a high surrender value in the early years of the policy.
- Potentially higher financial returns compared to a pure investment product.
In-depth Review: 3 Best Endowment Savings Plans in Singapore with Lifetime Wealth Accumulation (2023 Edition)
In-depth Review: 3 Best Investment Linked Policies in Singapore for Wealth Accumulation (2023 Edition)
Further considerations on Aviva MyWholeLifePlan
- How is Aviva or Aviva MyWholeLifePlan investment returns based on historical performance?
- How does Aviva MyWholeLifePlan compare with Whole Life Policy from other insurance companies?
- Can Aviva MyWholeLifePlan fulfil my financial insurance, health and protection needs?
The above information may not fully highlight all the product details and features on Aviva MyWholeLifePlan. Talk to us or seek advice from a financial adviser before making any decision about Aviva MyWholeLifePlan.
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Compare before you commit
Before committing to a whole life 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?
Even worse, to know you can compare whole life insurance plans here, 100% free of charges on the InterestGuru.sg platform.
Is Aviva MyWholeLifePlan suitable for me?
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