MySavingsPlan

Can your savings support your aspirations?

Be it a home upgrade, a second property, or travelling the world, we want to support your big plans

An affordable way to commit to a solid savings plan

Start with just S$1.56 a day1.

You won't lose what you put in

100% Capital Guaranteed at the end of the policy term2.

Set aside cash for when you need it in the future

Guaranteed lump sum payout plus potential bonuses at the end of the policy term3.

Boost your savings for a brighter future

Get guaranteed returns and bonuses3 with MySavingsPlan

Key benefits Coverage / Options
100% Capital Guaranteed At the end of the policy term
Guaranteed lumpsum payout plus potential bonuses3 At the end of the policy term
Choice of premium and policy term  10 to 25 years to suit your savings goals
Protection Cover 
Death, Terminal Illness and Accidental Death4
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

5Upon diagnosis of Major Cancers6 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.

EasyTerm

5In the event of Death, Terminal Illness or Total and Permanent Disability, a lump sum amount of up to 5 times your basic plan's annual premium is paid out. 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

5In 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.

Ready to talk about savings?

Make an appointment with us or speak to your preferred financial adviser representative
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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.

Footnotes

1Premium is based on Sum Assured of S$15,000 for a 25-year policy term. Illustrated daily premium rate is derived using annual premium amount divided by 365 days, rounding up to the nearest one cent.

2The lump sum payout with guaranteed returns and 100% Capital Guaranteed only applies upon policy maturity, where at least 100% of the total premium paid over the premium term will be payable.

3The lump sum payout with guaranteed returns applies upon policy maturity, where at least 100% of the total premium paid over the premium term will be payable. The potential bonuses and guaranteed returns refer to the Maturity Benefits, which consist of the Guaranteed Maturity Value (i.e. Guaranteed Sum Assured) and the non-guaranteed maturity bonuses which will be paid upon policy maturity. The non-guaranteed maturity bonuses (i.e. Projected Bonuses at maturity) are made up of accumulated Reversionary Bonus and Terminal Bonus (if any). For more information, please refer to the Product Summary.

4Upon death of the Life Assured while the policy is in force, Aviva Ltd will pay, higher of 105% of total installment premiums paid on Basic plan or the Guaranteed Cash Surrender Value; and any accumulated reversionary bonuses and terminal bonuses, less any indebtedness, in one lump sum (subject to application regulations).                                                  

Upon diagnosis of Terminal Illness of the Life Assured while the policy is in force, Aviva Ltd will pay the Terminal Illness Benefit in one lump sum, as an advancement of the Death Benefit.                                                                                                                                                                  

We will pay the Sum Assured on the basic plan, in addition to the Death Benefit in one lump sum, if death is due to accidental injury before age 80 within the policy term.

For details, please refer to the Product Summary.

5For 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).

6Definition of Major Cancers: A malignant tumour positively diagnosed with histological confirmation and characterized by the uncontrolled growth of malignant cells with invasion and destruction of normal tissue. The term malignant tumour includes leukemia, 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 seekadvice 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 in 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).