In today's dynamic financial landscape, investment-linked plans (ILPs) have emerged as powerful tools for individuals seeking to combine life insurance protection with investment opportunities. The AIA Pro Achiever 3.0 is a cutting-edge ILP that offers a unique strategy to empower you in cultivating and expanding your wealth. As an evolution of its predecessors, this plan introduces enhanced features, coverage options, and benefits designed to align with your financial goals. With AIA Pro Achiever 3.0, you can create a personalized investment strategy that not only protects your loved ones but also maximizes your potential for long-term financial growth.
Estimate your potential investment value to get a sense of what you can expect.
Investment-linked plans (ILPs) combine life insurance coverage with investment opportunities, offering a unique approach to financial planning. In an ILP, a portion of your premium goes towards life insurance coverage, while the remainder is invested in a variety of funds chosen by you. The AIA Pro Achiever 3.0 allocates 100% of your premiums to investments from day one, maximizing your potential returns. You have the flexibility to choose from a range of funds with different risk levels, including equity, balanced, and fixed income options. This allows you to tailor your investment strategy according to your risk appetite and financial goals. As the value of your chosen funds fluctuates with market conditions, so does the value of your policy, providing the potential for higher returns compared to traditional life insurance policies.
The AIA Pro Achiever 3.0 offers essential insurance coverage to protect you and your loved ones. While primarily focused on investment, the plan includes important protection benefits to ensure financial security in unforeseen circumstances. Let's explore the key insurance components of this innovative plan.
Financial Protection. In the event of the insured's passing, beneficiaries receive the higher of total premiums paid (including top-ups, less withdrawals) or the policy value. This ensures your loved ones are financially protected.
Additional Coverage. An extra 100% of total regular premiums paid is provided if accidental death occurs within 90 days of the accident and within the first 2 policy years. This offers enhanced protection during the initial policy period.
| Age | What suggestion covers | Premium |
|---|---|---|
| 25, Female making $3,333.333 a month | accident medical reimbursement $3,000 accidental death $250,000 accidental dismemberment and burns $250,000 accidental major dismemberment $750,000 accidental permanent total disability $750,000 additional payout for accidental death $250,000 ambulance services $200 broken bones $12,000 daily accidental hospital income $150 daily accidental icu $150 emergency medical evacuation and repatriation $25,000 tcm chiropractic medical reimbursement $750 | Not provided |
AIA Pro Achiever 3.0 offers optional riders to enhance your protection and provide additional peace of mind. These riders can be added to your base policy to customize your coverage according to your specific needs and circumstances. Let's explore the available rider options that can complement your investment strategy with extra insurance benefits.
Waiver of Premiums. The Critical Protector Waiver of Premium (II) rider waives future premiums for your policy and eligible riders upon diagnosis of a covered critical illness. This ensures policy continuity during challenging times.
Enhanced Coverage. The Early Critical Protector Waiver of Premium (II) rider extends premium waiver benefits to early-stage critical illnesses, providing comprehensive protection from the onset of health issues.
Secure Future. Payor Benefit riders like Early Critical Protector Payor Benefit (II) and Payor Benefit Comprehensive Special (II) waive future premiums for your child's policy up to age 25 if you face critical illness, disability, or pass away.
The investment component of AIA Pro Achiever 3.0 is designed to maximize your wealth accumulation potential. With a diverse range of fund options and professional management, this plan offers the flexibility to align your investments with your financial goals and risk tolerance. Let's delve into the key aspects of the investment component that make AIA Pro Achiever 3.0 a powerful tool for long-term wealth creation.
Tailored Investments. Choose from a wide range of funds, including equity, balanced, and fixed income options. This diversity allows you to create a portfolio that matches your risk appetite and investment objectives.
Expert Oversight. Funds are managed by AIA Investments, which oversees over USD283.7 billion in assets. Benefit from partnerships with leading global asset managers like Baillie Gifford, BlackRock, and Wellington Management.
Flexible Adjustments. Enjoy free fund switching to adapt your portfolio to changing market conditions or personal circumstances. This feature allows you to optimize your investment strategy over time.
Proven Track Record. Top-performing funds like AIA Global Technology Fund and AIA International Health Care Fund have delivered 5-year annualized returns of 9.54% and 9.52% respectively (as of March 2023), showcasing potential for strong long-term growth.
Understanding the fees and charges associated with AIA Pro Achiever 3.0 is crucial for making an informed decision. While these costs impact your overall returns, they also support the various benefits and services provided by the plan. Let's break down the key fees and charges you should be aware of when considering this investment-linked policy.
Top-Up Fee. A 5% premium charge is applied to any top-up premiums you make. This charge helps cover administrative costs associated with processing additional investments.
Monthly Deduction. A monthly charge of (3.90%/12) of your policy value is applied. This charge ceases after paying 11 years of annual premiums, allowing for greater potential returns in later years.
Investment Oversight. Fund management fees range from 1.5% to 1.75% annually, depending on the chosen funds. These fees cover the costs of professional fund management and administration.
Early Termination Fee. A surrender charge applies if you fully surrender your policy before paying 11 years of annual premiums. The charge decreases over time, encouraging long-term commitment to the policy.
or
By filling this out, you agree to allow us to contact you about insurance related information.
Suggestions Facilitated
Insurance Brands Represented
MAS Licensed Advisors
AIA Pro Achiever 3.0 offers a range of flexible features that allow you to adapt your policy to changing financial circumstances and life events. These customization options ensure that your investment-linked plan remains aligned with your evolving needs and goals throughout your financial journey. Let's explore the key flexibility features that make this plan adaptable to your unique situation.
Boost Investments. Make additional investments with a minimum top-up of S$1,000. This feature allows you to capitalize on market opportunities or invest extra funds to accelerate your wealth accumulation.
Access Funds. After paying 3 annual premiums, you can make partial withdrawals with a minimum amount of S$1,000. This provides liquidity when needed, though charges may apply in the early years.
Payment Pause. Opt for a premium holiday for up to 36 months after paying 10 years of premiums. This feature offers financial flexibility during challenging times without compromising your long-term investment strategy.
Policy Continuity. Appoint a secondary insured (spouse or child under 16) to ensure policy continuity in case of unforeseen events. This feature adds an extra layer of protection for your family's financial future.
The AIA Pro Achiever 3.0 is a versatile investment-linked plan that can benefit a wide range of individuals seeking to combine life insurance protection with long-term wealth accumulation. This plan is particularly well-suited for young professionals looking to kickstart their investment journey with the added benefit of life coverage. It's also an excellent choice for parents who want to secure their children's future while building a substantial investment portfolio. Additionally, individuals in their prime earning years who desire a flexible investment vehicle with the potential for higher returns may find AIA Pro Achiever 3.0 to be an attractive option.
who can provide you with tailored advice and diverse options. By hearing from multiple experts, you'll gain a comprehensive understanding of how AIA Pro Achiever 3.0 fits into your overall financial strategy. Don't miss this opportunity to make an informed decision about your investment and protection needs.
or
By filling this out, you agree to allow us to contact you about insurance related information.
