Saving your money shouldn't mean not spending any
Having regular access to some funds is as important as having a healthy sum stashed away
Set your savings goal
A good plan that will give you a guaranteed amount plus potential returns on your money.
Have some funds for some fun
An annual payout1 that helps to pay for your shopping, holidays, or any items you may fancy.
Never worry about losing your initial amount
100% capital guaranteed at the end of your policy term2.
Have your savings cake and eat it too
Accumulate your cash without having to deprive yourself of spending money
|Key benefits||Coverage / Options|
|Guaranteed Cash Benefits
||Receive yearly payout from the end of the 2nd policy year onwards. Each annual payment is 5% of the Sum Assured3 you’ve chosen|
|Lump sum payout plus potential bonuses4||At the end of the policy term|
|100% capital guaranteed||At the end of the policy term|
|Choose how you want to enjoy your Guaranteed Cash Benefits||
• Receive (and spend!) the Guaranteed Cash Benefits
• Reinvest the Guaranteed Cash Benefits with a non-guaranteed interest rate of 3% per annum5
• Withdraw any re-invested Guaranteed Cash Benefits with interest
|Premium payment term||10 years|
|Choose your policy term||15 years or 18 years|
|Protection Cover||For Death and Terminal Illness6|
|Hassle-free application||No medical check-ups needed|
Level up your cover
Need enhanced coverage? Consider these add-ons when you buy
Cancer Premium Waiver
7Upon diagnosis of Major Cancers8 of the policy owner, all your future premiums are waived, so you don’t have to worry about your savings as you focus on getting better.
7A lump sum cash payment of up to 5 times your basic plan's annual premium. This is paid out when you die or if you become terminally ill or permanently disabled. With the funds, you can pay all or part of your mortgage, your children's education, or provide a legacy for your dependants.
EasyPayer Premium Waiver
7In the event of Death, Terminal Illness or Total and Permanent Disability of the policy owner, all future premiums are waived and your loved one's savings fund will continue to grow.
Click for important notes and disclaimers
Terms and Conditions apply.
For complete details, please refer to the product brochure and product summary or speak to your preferred financial adviser representative.
1The Guaranteed Cash Benefits will start from the end of the 2nd policy year, payable yearly at the end of each policy year, till the policy year before maturity, upon survival of the Life Assured. Each Guaranteed Cash Benefit is equivalent to 5% of the Sum Assured on the basic plan.
2100% Capital Guaranteed refers to the total guaranteed benefits payable (that comprises of the annual Guaranteed Cash Benefits and the guaranteed lump sum amount upon policy maturity). This means upon policy maturity, you would have received at least 100% of the total premiums paid over the premium term. Actual guaranteed returns and projected total returns will vary according to the selected premium term and policy term.
3The Sum Assured in the basic plan is used to determine the Guaranteed Cash Benefits payable and is not the Death Benefit.
4Potential bonuses are made up of any accumulated Reversionary Bonus and any Terminal Bonus, less any indebtedness owed to Aviva Ltd. The Reversionary Bonus and Terminal Bonus are non-guaranteed bonuses and depend on the performance of Aviva Ltd's Participating Fund. Reversionary Bonus is non-guaranteed but once declared and vested, it forms part of the fixed benefit of the Policy. The non-guaranteed benefits are projected based on estimated bonus rates and actual benefits payable will depend on the future performance of the Aviva Ltd Life Participating Fund.
5For the re-invested option, the non-guaranteed rate is currently at 3% p.a. and Aviva Ltd reserves the right to revise the non-guaranteed rate based on future experience.
6Upon death of the Life Assured within the policy term, Aviva will pay, in one lump sum, higher of (101% of the total premiums paid on the basic plan less any Guaranteed Cash Benefits paid) or the Guaranteed Cash Surrender Value, plus any accrued reversionary bonus and terminal bonus (non-guaranteed) and any re-invested Guaranteed Cash Benefits with non-guaranteed interests (if not previously withdrawn), less any amount owing to Aviva Ltd. Aviva Ltd will pay the Terminal Illness Benefit as an advancement of the Death Benefit during the policy period. For details, please refer to the Product Summary.
7For more details on the riders, please refer to the Key provisions in the Cancer Premium Waiver, EasyTerm and EasyPayer Premium Waiver Product Summary respectively. It contains details of Exclusions, Waiting Period and Survival Period (if applicable).
8Definition of Major Cancers: A malignant tumour positively diagnosed with histological confirmation and characterised by the uncontrolled growth of malignant cells with invasion and destruction of normal tissue. The term malignant tumour includes leukaemia, lymphoma and sarcoma. Please refer to the Product Summary for the exact terms and conditions.
The policy is underwritten by Aviva Ltd.
This 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 copy of the Product Summary may be obtained from Aviva Ltd and the participating distributor's offices. You should read the Product Summary before deciding whether to purchase the policy. You may wish to seek advice from a financial adviser representative, before making a commitment to purchase the product. In the event that you choose not to seek advice from a financial adviser representative, you should consider whether the product in question is suitable for you.
Buying a life and health insurance policy is a long-term commitment. 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 life and health insurance products that are not suitable for you may impact your ability to finance your future life and healthcare needs.
This is not a contract of insurance. Full details of the standard terms and conditions of this plan can be found in the relevant policy contract.
Information last updated October 2017.
This policy is protected under the Policy Owners' Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact Aviva Ltd or visit the Life Insurance Association Singapore or SDIC websites (www.lia.org.sg or www.sdic.org.sg).