Aviva MySavingsPlan Review

NOTE: Aviva MySavingsPlan has been discontinued. For further information and details about this plan, fill up the form below or Whatsapp us  and let us advise you accordingly.

NOTE: Aviva MySavingsPlan has been phased out and is no longer available. The latest updated and upgraded version is Singlife Choice Saver.

Aviva MySavingsPlan product details

Aviva MySavingsPlan is featured for having the Highest guaranteed returns in our 3 Best Savings Plans and Endowment Policies in Singapore (Updated)

Aviva MySavingsPlan is featured for Highest guaranteed returns in our 7 Best Regular Insurance Savings Plans in Singapore (Updated)

• Life policy – Endowment and Saving policy
• 100% Capital Guaranteed at the end of the policy term
• Solid savings plan for an outlay of just S$1.56 per day
• A wide range of choice of premium and policy term from 10 to 25 years to suit your savings goals
• Guaranteed lump sum payout plus potential bonuses at the end of the policy term
• Guaranteed issuance – no medical check-ups required
• Protection Cover for Death, Terminal Illness and Accidental Death
  
  

Aviva My Savings Plan is a commonly search alternative for Aviva MySavingsPlan.

Read about: Endowment and Saving policy: How does it work?

Read about: Endowment and Saving policy: Is it the best option?

Features of Aviva MySavingsPlan 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
EasyTerm
Cancer Premium Waiver
EasyPayer Premium Waiver

Additional Features and Benefits
Yes.

Read about: Effects of compounding returns on your saving

Read about: Where do I start with financial planning

Aviva MySavingsPlan may be suitable if you are looking for

Aviva MySavingsPlan may potentially be a good fit if the following matters to you:

• A hassle-free application without medical underwriting
• Short to medium term endowment and savings plan
• To saving regularly over a period of time
• To potentially generate higher financial returns compared to bank accounts
  
  

Aviva MySavingsPlan may not be suitable if you are looking for

Aviva MySavingsPlan may potentially be a bad fit if the following matters to you:

• Liquidity or flexibility of withdrawal in your Insurance policy.
• Health and Protection coverage
• High insurance coverage for Death or Terminal Illness
• Insurance coverage for Early Critical Illness, Critical Illness or Total Permanent Disability
• Lifetime regular cash payout
• A one-time premium commitment with no further cash commitment
• Potentially higher financial returns compared to a pure investment product.
• Insurance policy with a high surrender value in the early years of the policy.
  
  

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

Further considerations on Aviva MySavingsPlan

• How is Aviva or Aviva MySavingsPlan investment returns based on historical performance?
• How does Aviva MySavingsPlan compare with Endowment policy from other insurance companies?
• Can Aviva MySavingsPlan fulfil my financial, insurance, health and protection needs?
  
  

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

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)

Read About: 3 best Savings plans and endowment policies in Singapore (Updated)

Is Aviva MySavingsPlan suitable for me?