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Anonymous

16 Sep 2020

∙

Prime Life Insurance from AIA?

I realized my parents bought the AIA Prime Life for me when I was born - in 1995. The maturity of the plan is 2095. Is it a whole life plan or ILP?

There's a lot of terms which I don't recognized.

The FaceAmount is 100K. Is that the covered amount?
The accumulated reversionary bonus is around 20.5k? is that the guaranteed sum I will get if I were to surrender? The net surrender value I see on my AIA account is around 26k.
The premium is 700/year till 2095. So that means need pay till 2095?

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Thomas Tay

30 Sep 2022

I just thinking of surrending it.. come Oct is the 20th year.. need more info..

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Alex yan

14 Aug 2022

Yes, similar brought it since 1996... so many years passed.. ... Is this worth to keep to generate interest rate or surrender?

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Loh Tat Tian

16 Sep 2020

Founder at PolicyWoke (We Buy Insurance Policies)

AIA Prime Life is a wholelife plan. Its a pay until claim / death / surrender

Face amount in this c...

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