AIA Platinum Legacy (IX)

There are certain conditions such as pre-existing conditions and suicide within 1 year from the policy issue date or reactivated date (whichever is later), for which no benefits will be payable. Please refer to the policy contract for the full list of exclusions.

Premium Charge: 6% on initial premium and any additional premium. 

Administration Charge: Deducted monthly for 10 years. Refer to the point of sales documents for the rates.

Insurance Risk Charge: Deducted monthly for the life of the policy. The rate is guaranteed for the first 5 policy years. Refer to the point of sales documents for the rates.

Partial Withdrawal/ Surrender Charge: Applicable to partial withdrawals/surrender made within the first 15 years of your policy. Partial withdrawals from the 11th policy year onwards may be free of charge if certain requirements are satisfied.

This insurance plan is underwritten by AIA Singapore Private Limited (Reg. No. 201106386R) (“AIA”).

All insurance applications are subject to AIA’s underwriting and acceptance. This is not a contract of insurance. The precise terms and conditions of this plan, including exclusions whereby the benefits under your policy may not be paid out, are specified in the policy contract. You are advised to read the policy contract.

As buying a life insurance policy is a long-term commitment, an early termination of the policy usually involves high costs and the surrender value, if any, that is payable to you may be zero or less than the total premiums paid. You should consider carefully before terminating the policy or switching to a new one as there may be disadvantages in doing so. The new policy may cost more or have fewer benefits at the same cost.

This policy is protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact your insurer or visit the GIA/LIA or SDIC web-sites (www.gia.org.sg or www.lia.org.sg or www.sdic.org.sg).

This advertisement has not been reviewed by the Monetary Authority of Singapore.

The information is correct as at 5 April 2019.