Protection and Healthcare - Whole Life
One thing we know for sure is that the future is uncertain. But Aviva can help take some of that uncertainty away with our whole life insurance coverage.
Our whole life insurance plans offer comprehensive insurance coverage, giving you the assurance you need at a price you can afford. Together we can determine your own unique needs and select a whole life insurance plan that’s just right for you.
- Select Plan
In life, there are many surprises. Some are happy and some, not. Whatever the surprises in life, you need a plan that will grow and change with you.
High protection offers good value for money
Short-term payment for long-term coverage
Know your financial commitments upfront
High protection, bonus payouts and easy access to savings
Continuous cover, even if you lose your job
Your first policy should offer the best value for money
High Protection with savings for your child
1You will be able to purchase new term protection coverage for death or Terminal Illness benefit with extra premium payable, without providing evidence of health. The Policyholder may opt for this option at each of the following key life events: (a) the Life Assured marries or divorce (i.e. change of marital status) (b) the Life Assured becomes a parent and has a new born child, or legally adopts a child (i.e. adding a new child member to the immediate family) (c) the Life Assured graduates from tertiary education. This option can be taken up to 50% of MyLifeChoice basic Sum Assured, or up to a maximum of S$250,000 per life, whichever is lower. This is irrespective of the number of MyLifeChoice Policies the Life Assured may have. This option is extended to standard life only.
2Applicable for a period of first 20 policy years or up to the Policy Anniversary when the Life Assured attains age 65 next birthday, whichever is earlier.
3The Life Assured is given the option to withdraw a lump sum at the Policy Anniversary when the Life Assured attains age 65 or at any Policy Anniversary thereafter before the policy matures. Policyholder may submit the request to withdraw once per policy. This option is only available after the premiums for the MyLifeChoice basic policy have been fully paid at the end of the premium payment term, provided no indebtedness upon the request for the Advance Cash Withdrawal. The lump sum amount is not guaranteed and the amount is determined at our discretion at the time when you request to exercise this option. If this option is exercised, the Maturity Benefit will no longer apply.
4Premium for optional riders that cover Critical Illnesses benefit is not guaranteed.
5This refers to Waiver of Interest Benefit, provided the policy has cash value to cover the total outstanding premiums. Please refer to Product Summary for details.
6Critical Illness and Total and Permanent Disability are optional riders.
The policy is underwritten by Aviva Ltd.
The information on this page is published for general information only and does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person. A product summary in relation to MyLifeChoice is available and may be obtained from Aviva Ltd and the participating distributors' offices. You should read the Product Summary before deciding whether to purchase the policy. You may wish to seek advice from a financial adviser before making a commitment to purchase the product. In the event that you choose not to seek advice from a financial adviser, you should consider whether the product in question is suitable for you. 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, if any, may be less than the total premiums paid. Buying health insurance products that are not suitable for you may impact your ability to finance your future healthcare needs. Full details of the standard terms and conditions of this plan can be found in the relevant policy contract.