AIA Pro Lifetime Protector Review

AIA Pro Lifetime Protector product details

AIA Pro Lifetime Protector is an affordable one-stop protection and investment solution that helps you stay on top of your changing needs. It lets you personalise your protection according to your needs in the early years, and allows adjustments to your coverage to maximise your investment returns during your later years.

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• Life Policy – Investment-linked policy
• Issuance age from 0 to 70 years old
• Enjoy comprehensive coverage against death, disability and multi-stage critical illnesses from as low as S$6.00 a day, while accumulating your wealth at the same time
• Provides you guaranteed protection for the first 10 years regardless of your investment performance
• Simplifies investing with Pro Portfolio put together by Mercer, which offers a choice of 3 model portfolios to suit varying risk appetites, investment horizons and targeted returns. If you are an astute investor, you can pick your own basket of funds that best suits your needs
• Access your cash whenever you need it through partial withdrawals after the 2nd year, at no charge. Or opt to receive regular income later in life to help meet your retirement goals
  
  

Read about: How does Investment-Linked Policy work?

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Features of AIA Pro Lifetime Protector at a glance

Cash and Cash Withdrawal Benefits
Cash value: Yes
Cash withdrawal benefits: Yes

Health and Insurance Coverage
Death: Yes
Total Permanent Disability: Yes
Terminal Illness: Yes
Critical Illness: Yes
Early Critical Illness: Yes

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

Optional Add-on Riders
Total Critical Accelerator
Double Critical Cover
Child Critical Cover
Premium Waiver Rider

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.

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AIA Pro Lifetime Protector may be suitable if you are looking for

AIA Pro Lifetime Protector may potentially be a good fit if the following matters to you:

• Initial high protection for Death and Terminal Illness coverage at an affordable premium.
• Initial high Early Critical Illness, Critical Illness and Total Permanent Disability coverage in an Insurance Policy.
• Health and Protection coverage due to a shortfall in your Insurance Portfolio.
• To participate in the long-term financial returns of investing.
• Liquidity or flexibility of withdrawal in your Insurance policy.
• Able to take investment risks and comfortable with financial market volatility.
• Potentially higher financial returns compare to traditional Endowment and Whole Life Policy.
  
  

Read about: An introduction to Investment Linked Policy

AIA Pro Lifetime Protector may not be suitable if you are looking for

AIA Pro Lifetime Protector may potentially be a bad fit if the following matters to you:

• Life-long health and protection coverage due to increasing mortality charges.
• 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.
  
  

Read about: 3 things to consider before taking up a new financial product

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Further considerations on AIA Pro Lifetime Protector

• How are the investment returns of AIA or AIA Pro Lifetime Protector based on historical performance?
• How good is AIA Pro Lifetime Protector compared to Investment Linked Policy from other insurance companies?
• Can AIA Pro Lifetime Protector fulfil my financial insurance, health and protection needs?
  
  

The above information may not fully highlight all the product details and features on AIA Pro Lifetime Protector. Talk to us or seek advice from a financial adviser before making any decision about AIA Pro Lifetime Protector.

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

Read about: How can I accumulate a million dollar (Realistically)

Is AIA Pro Lifetime Protector suitable for me?