AVIVA MyWholeLifePlan Reviews and Comparison - Seedly
Seedly logo
Seedly logo
 

AVIVA MyWholeLifePlan

  • Overview
  • Reviews (1)
  • Questions (0)
  • More Details
Reviews (1)

5.0

1 Reviews

  • 5
    1
  • 4
    0
  • 3
    0
  • 2
    0
  • 1
    0

Read Review About...

Most HelpfulMost RecentLow to HighHigh to Low
  • I am tagging on as a dependent to my husband's Aviva SAF policy - a no-frills term life insurance at a very affordable price! As I already have an existing Whole Life Insurance Plan actually, what trigger this additional purchase was the fact that I was recently evaluating standalone Early Critical Illness Policies and found out that they are all beyond my budget T.T I thought ECI coverage was a lost cause for me till I found the option of adding ECI Rider to term life policy with Aviva! For this ECI rider, it is definitely not as comprehensive as the standalone ECI policies in the market (typically covering top 40 ECI), but the ECI rider instead covers the top 10 ECI - at a very affordable premium. Definitely a good buy together with the very affordable Aviva SAF term life insurance policy! [Purchase Process] Straight forward and can be done within minutes on the Aviva portal, even for the addition of dependents. The system also calculates the premium amount for you at a glance. [Customer Service] But because of a unique case where my husband's policy is a bit dated (sum assured 100k while the minimum is 150k now), we met into problem while doing the purchase on the Aviva web Portal. We emailed Aviva SAF support and a representative called us within 2-3 days, and assisted us step by step - we highly appreciated the customer service by Dave! [Terms & Conditions] Dave also suggested that if our priority was just the ECI rider, we can also choose to add it on top of a Personal Accident Policy as well (with a cheaper premium), not necessary a term life insurance policy - very thoughtful suggestion by Dave. All in all, I highly recommend Aviva SAF term life insurance policy or Personal Accident Policy with ECI rider - no-frills and very worth it! [Hidden Terms]
    0 comments
    0
Questions (0)
Recent ActivityUnansweredTrending
No questions found.

About AVIVA

Aviva's purpose is to 'defy uncertainty', thereby instilling confidence in their customers in preparation for the future. In Singapore, Aviva is one of the biggest providers of employee benefits and healthcare. Aviva is the appointed provider for the Ministry of Home Affairs and main provider in protecting the Singapore Armed Forces servicemen since 1983.

Term Life Investment Plans

1.       MyProtector – Legacy

Term Duration: Up to 99 years of age (Age Next Birthday)

Premium Payment Term: Up to 65 or 75 years of age (Age Next Birthday)

Rider: Total and Permanent Disability (TPD) Advance Cover Plus II, Critical Illness Advance Cover Plus II, MultiPay Critical Illness Cover III, Early Critical Illness Cover, Critical Illness Premium Waiver, Payer Critical Illness Premium Waiver, Payer Premium Waiver Benefit

 

2.       My Protector-Term Plan II

Sum Assured: S$50,000 – S$250,000

Term Duration: 5 years, 10 years or 11 years to term up to 85 Years of Age (Age Next Birthday) – Guaranteed Renewal Option (GRO)

Rider: Total and Permanent Disability (TPD) Advance Cover Plus II, Critical Illness Advance Cover Plus II, MultiPay Critical Illness Cover III, Early Critical Illness Cover, Critical Illness Premium Waiver, Payer Critical Illness Premium Waiver, Payer Premium Waiver Benefit

 

3.       MyFamilyCover

You have the option to choose your monthly income, cover term and insurance coverage to best suit your needs.

The coverage of each plan includes:

Plan 1: Death, Terminal Illness (TI), Total and Permanent Disability (TPD) and Critical Illness (CI)

Plan 2: Death, Terminal Illness (TI) and Total and Permanent Disability (TPD)

Plan 3: Death and Terminal Illness (TI)

Plan 4: Total and Permanent Disability (TPD) and Critical Illness (CI)

In case of any unfortunate incident to you, based on the plan chosen, your family will receive a monthly income stream for the remaining cover term or for a guaranteed period of 10 years (whichever is longer)

Rider: Critical Illness Premium Waiver, Payer Critical Illness Premium Waiver and Payer Premium Waiver Benefit

4.       MyMaternityPlan

Term Duration: 3 years

Eligibility: 18 to 45 years of age (Age Next Birthday) and is within 13 to 36 weeks of pregnancy at the time of application

Premium: One time premium of S$638   famil

Benefits:

-          Financial Assistance in time of hospitalisation due to pregnancy complications

-          Financial Assistance for new born’s hospitalisation and treatment expenses

-          Multiple claims in an event of several conditions that the mum and child may have

Whole Life Insurance Plans

1.       MyWholeLifePlan III

Sum Assured: S$100,000 – S$400,000

Term Duration: Up to 65, 70, 75, 80 Years of Age (Age Next Birthday)

Premium Payment Term:

(a)    Single Premium

(b)    Regular Premiums: 5, 10, 15, 20 or 25 years

Rider: Total and Permanent Disability (TPD) Advance Cover Plus III, Critical Illness Advance Cover Plus III, Early Critical Illness Advance Cover III, Multipay Critical Illness Cover II (Coverage up to 85 years of age) and Critical Illness Premium Waiver, Payer Critical Illness Premium Waiver, Payer Premium Waiver Benefit (Only during the premium term)

Benefit Options:

-          Income Payout Option

-          Guaranteed Extra Protection (GEP) Option

-          Interest Waiver Option

 

2.       MyLifeChoice (Endowment)

With MyLifeChoice, your monthly premiums will be converted into savings that is easily accessible to you. In an event of retrenchment, your premiums would be put on hold for a year whilst still continuing the coverage. You can add on an additional Guaranteed Extra Protection that helps you to increase your insurance protection when you reach key milestones in life.

Sum Assured: S$100,000 – S$275,000

Term Duration: Lifetime

Premium Payment Term: 5, 20 or 25 years or until 80 years of age (Age Next Birthday)

Rider: Total and Permanent Disability (TPD), Critical Illness

 

3.       MyLifeInvest (Investment Linked)

With MyLifeInvest, your monthly premiums will be put into Investments that in which you can earn additional potential returns. You have the flexibility to alter your coverage if you like to maximise your returns for investment purposes or if you like to withdraw any amounts of money. You can add on an additional Guaranteed Extra Protection that helps you to increase your insurance protection when you reach key milestones in life. You can earn premium rewards of additional 5% every 5 years from the 10th year of the policy term.

Term Duration: Lifetime for Death and Terminal Illness, Coverage for Total and Permanent Disability up to 70 years of age

Rider: Total and Permanent Disability (TPD), Early Critical Illness Cover, Critical Illness Additional Cover, Critical Illness Accelerated Cover, Level Term Critical Illness Accelerated Cover, Level Term Cover, Payer Critical Illness Premium Waiver Benefit, Payer Premium Waiver Benefit, Critical Illness Waiver.