MyWholeLifePlan III

Terms and Conditions apply.
For complete details, please refer to the product brochure and Product Summary or speak to your preferred financial adviser representative.

¹Source: Aviva's Consumer Attitudes Survey, June 2018.

²MyWholeLifePlan III's Base Cover accumulates guaranteed and non-guaranteed cash value:

• For single premium payment term – from the policy inception as long as the full single premium amount is paid.
• For regular premium payment term – from the start of 3rd policy year as long as the premiums are paid up to date.

The non-guaranteed cash value is accumulated in a form of Reversionary Bonus (declared annually) and Terminal Bonus, and will depend on the performance of Aviva Ltd’s Participating Fund. Please refer to the Product Summary for more details.

³MyWholeLifePlan III covers Death and Terminal Illness for whole of life. Upon diagnosis of Terminal Illness of the Life Assured, Aviva Ltd will pay the Terminal Illness Benefit as the advancement of the Death Benefit, less any amount owing to Aviva Ltd, in one lump sum.

⁴MyWholeLifePlan III comprises of a Base Cover and an Additional Cover. It offers a choice for Additional Cover to enhance the Basic Benefits of Death and Terminal Illness by 100%, 200%, 300% or 400% of the Base Sum Assured of the basic plan. The chosen Additional Cover percentage is also applicable to the Additional Cover of its optional riders such as the Total and Permanent Disability Advance Cover III, CI Advance Cover III and Early CI Advance Cover III. The Total Sum Assured of this plan is the sum of the Base Sum Assured (Base Cover) and the Additional Sum Assured (Additional Cover). This Additional Cover will start from policy inception and end at the policy anniversary when the Life Assured attains the chosen Additional Cover expiry age of either 65, 70, 75 or 80 age next birthday (ANB) (“Additional Cover Period”). Thereafter, the Life Assured will continue to enjoy coverage without Additional Cover. Please refer to the Product Summary for more details.

⁵The Income Payout Option is available to the Life Assured from the policy anniversary when the Life Assured turns 65 ANB or at the end of the premium payment term ("Exercise Age"), whichever is later. Payout starts one month from the Exercise Age and must meet the minimum monthly income requirement. Please refer to the Product Summary for more details.

⁶The policyholder may opt for this Guaranteed Extra Protection Option at each of the following key life events without providing further evidence of insurability:

• the Life Assured marries or divorces (i.e. change of marital status);
• the Life Assured becomes a parent by having a newborn child, or legally adopts a child (i.e. adding a new child member to the immediate family);
• the Life Assured graduates from tertiary education; or
• the Life Assured purchases a property. 

This option allows the policyholder to purchase a new level term Supplementary Benefit for Death or Terminal Illness benefit, with extra premium payable. The total coverage that can be taken up under this option is limited to 100% of MyWholeLifePlan III's Base Sum Assured or up to a maximum of S$500,000 per life, whichever is lower. This option is extended to standard life only and is not available for policies on single premium payment term. Please refer to the Product Summary for more details.

⁷This refers to the Waiver of Interest Benefit for policyholder aged 19 to 75 ANB who has been retrenched or unemployed and remains involuntarily unemployed for a period of three consecutive months, provided the policy has sufficient cash value to cover the total outstanding premiums. Proof of unemployment is required. Please refer to the Product Summary for more details.