AIA Platinum Wealth Elite Review

AIA Platinum Wealth Elite is an exclusive investment-linked policy with high Death and Terminal Illness coverage to fit your retirement and family care needs.

AIA Platinum Wealth Elite product details

• Life Policy – Investment-linked policy
• Coverage
  • Death Benefit
    • Receive 100% of Sum Assured or 100% of Policy value, whichever is higher
  • Terminal Illness Benefit
    • Upon diagnosis of Terminal Illness, receive the death benefit in a lump-sum
• Premium Payment Options
  • Invest with SGD or USD
  • Choose to pay a Single-premium or
  • Pay Regular Premium up to 5 years
• Payout
  • Option to withdraw up to 5% of your policy value per year
• No Lapse Privilege
  • Regardless of the performance of your funds, the protection sum is guaranteed for the first 15 years of the policy
    
    

Read about: Investment-Linked Policy: Is it the best option?

Read about: 6 Best Investment Linked Policies in Singapore (Updated)

Features of AIA Platinum Wealth Elite at a glance

Cash and Cash Withdrawal Benefits
Cash value: Yes
Cash withdrawal benefits: No

Health and Insurance Coverage
Death: Yes
Total Permanent Disability: No
Terminal Illness: Yes
Critical Illness: No
Early Critical Illness: No

Health and Insurance Coverage Multiplier
Death: No
Total Permanent Disability: No
Terminal Illness: No
Critical Illness: No
Early Critical Illness: No

Optional Add-on Riders
N/A

Additional Features and Benefits
Yes.

For further information and details, refer to AIA website. Alternatively, fill-up the form below and let us advise accordingly.

Read about: Effects of compounding returns on your investments

AIA Platinum Wealth Elite may be suitable if you are looking for

AIA Platinum Wealth Elite may potentially be a good fit if the following matters to you:

• To participate in the long-term financial returns of investing
• High Death and Terminal Illness coverage
• Able to take investment risks and comfortable with financial market volatility.
• Potentially higher financial returns compared to traditional Endowment and Whole Life Policy.
• Insurance options without medical underwriting
  
  

Read about: An introduction to Investment Linked Policy

AIA Platinum Wealth Elite may not suitable if you are looking for

AIA Platinum Wealth Elite may potentially be a bad fit if the following matters to you:

• Health and Protection coverage
• Insurance coverage for Early Critical Illness, Critical Illness or Total Permanent Disability
• Guaranteed financial returns in the long-run.
• Insurance policy with a high surrender value in the early years of the policy.
• Expecting an urgent need for withdrawal during a financial market downturn.
  
  

Further considerations on AIA Platinum Wealth Elite

• How is AIA or AIA Platinum Wealth Elite investment returns based on historical performance?
• How does AIA Platinum Wealth Elite compare with Endowment policy from other insurance companies?
• Can AIA Platinum Wealth Elite fulfill my financial, insurance, health, and protection needs?
  
  

The above information may not fully highlight all the product details and features of AIA Platinum Wealth Elite. Talk to us or seek advice from a financial adviser before making any decision about AIA Platinum Wealth Elite.

Always ensure your long-term financial goals and objectives are aligned with the financial product you are considering to take up.

Is AIA Platinum Wealth Elite suitable for me?