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Anonymous

21 Jul 2020

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Hi all, I'm a fresh graduate looking to get Aviva Multipay CI Cover III for a 100k coverage. Is it recommended to get an additional Aviva CI Advance Cover Plus II with 100k coverage?

I'm thinking about getting the additional CI policy due to the clause in the ECI multipay policy, which states that 300% of the sum assured minus claims made from Layer 1 (where Layer 1 is early/intermediate CI). I worry that in the case that I claim from Layer 1, I would not have suffiecient payout for Severe stage CI. Is this additional CI policy necessary? Thanks!

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Jonathan Soh

21 Jul 2020

Wealth Manager at Aviva Financial Advisers

Hi there. In my opinion there is no need to get additional. Multipay on its own is good enough. You just need to make sure the coverage for Multipay is enough for you now and in the next few years at least. People will continue to buy plans as they go along in life, one policy is usually not the be all and end all, because your life's needs will continue to evolve.

I have to say though, for a fresh graduate it is very forward thinking and commendable of you to look into critical illness coverage on your own now. I find it is something that many youngsters can't be bothered about.

If you wish to find out more about Multipay do reach me here. There is a promo ongoing for this plan at the moment.

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