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Serving one's country is an honour and defending its security is a privilege. Despite careful measures and precautions, however, accidents can happen while in the line of duty. While these may be unavoidable, the good news is you can be prepared.
Let AIA show you the way with AIA Personal Accident Protection Plan for Military Personnel (PAM). Here is an insurance plan for members of the military force.
What We Provide Worldwide 24 Hour-A-Day Comprehensive Protection There is no geographical limit to this coverage. As a policyholder, you are covered for almost every kind of accident including those that occur during military training and exercises, sporting activities, vacation, travelling in buses, the MRT, military trucks and transport planes. Coverage extends to accidents that occur during overseas military training.
Flexible Options As policyholder, you have the option to select the appropriate sum assured ranging from $30,000 to $200,000.
Accidental Medical Expenses In the event that you are injured while not performing any military duty, this plan will pay the actual medical expenses incurred up to a maximum limit equal to 1% of the principal sum or $1,500, whichever is lower subject to a minimum sum assured of $30,000
Permanent Total Disability Benefit If an injury renders you totally and permanently disabled and results in your inability to engage in work within 180 days from the date of the accident, the plan will pay the principal sum less any other amount paid or payable under this policy in equal monthly instalments at the rate of 1% per month for no more than 100 months.
Renewal Bonus AIA Pam also gives you a 5% Renewal Bonus for the first five years.
Exclusions of the Plan Losses not covered are those resulting from war, violation of the law, intentional self-injury or suicide, childbirth or pregnancy, sickness or disease and professional sports.
Who Is Eligible? Anyone in the military force may apply for this plan. The premium payable will be according to your vocation and coverage.
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Notes:
Buying a life insurance policy is a long-term commitment. An early termination of the policy usually involves high costs and the surrender value payable may be less than the total premiums paid.
This is not a contract of insurance. The precise terms and conditions of this plan are specified in the policy contract. |