For Individuals

Investment - Investment Linked Plans

Our Investment Linked plans combine the insurance cover you need with investment opportunities you can use to help prepare for your future. This emphasis on low cost and a wide range of fund choices deliver value, flexibility, and protection.

LifetimeFlexi

 How to Apply
 

LifetimeFlexi is one of the few things in life that stays with you as your life changes. If you are starting out in your career, your needs will be quite different if you become a husband or wife – not to mention a parent. Those needs will change again as you move through your career and look towards growing your assets. And again, as you move towards retirement.

If you aren’t starting out with a flexible life insurance plan, such as LifetimeFlexi, you may find that you have to change your policy from time to time.

LifetimeFlexi helps you avoid extra paperwork and the need for lots of additional policies.

Starting out – choose your life insurance cover

Some insurance plans dictate the cover you need to have. Not LifetimeFlexi, which gives you the option to build the cover that suits you. To begin, choose your base cover from the following three options, then choose the level of cover (sum assured) that you need.

Choose your base cover
You can move between base cover options as your needs change.
Option A Death, Terminal Illness, Total & Permanent Disability
Option B Critical Illness
Option C Death, Terminal Illness, Total & Permanent Disability and Critical Illness

Next, select from the following options:

  • Life cover for you, your spouse or your child.
  • Redirect even more of your money to grow your assets. You can reduce your base cover to zero, which means no benefit charges and your money works even harder for you1.

Change your cover as you need to
You can adjust your cover2 as your life changes. Plus, you won’t necessarily need new medicals in all instances - saving you time and additional paperwork.

You can even take a holiday
If you need to stop paying premiums for a while, we’ll continue to provide you with LifetimeFlexi insurance cover3 – even if you don’t notify us immediately.

Enjoy absolute peace of mind
Regardless of fluctuations in the financial markets, we will protect your policy from lapsing for the first five years4 . All we ask is that you continue to pay your premiums5 and are not taking a Premium Holiday at the time.

Access to a select range of funds
Your premiums are directed into the investment-linked funds of your choice. As you’d expect with LifetimeFlexi, you aren’t limited to any one fund manager: instead, you have access to a select range of well-known and trusted funds.

The LifetimeFlexi’s select range of investment-linked funds covers a wide range of asset classes, geographical regions and industry sectors. This makes it easier to build a well-diversified investment portfolio, all within the same plan as your life insurance cover.

Flexibility and ease to grow your assets
You can start your investment portfolio from as little as $100 per month, and increase or reduce your premiums any time4 – at no additional cost.

And, as your needs change, so can your investments – without any switching fees6. What’s more, you can withdraw investments or re-direct your investments into different funds.

If you prefer, you have the flexibility to invest either monthly, quarterly, half-yearly, or yearly. And if you want to invest a single lump sum, that’s no problem either.

Rewarding your loyalty
Once you’ve been with LifetimeFlexi for ten years, we’ll reward you with extra unit allocations4.

 

Choice of Riders

Flexi Term Assurance Benefit
Flexi Term Assurance Benefit, with its increasing Sum Assured option (0% p.a., 3% p.a. and 5% p.a.) up to 250%7 of the initial Sum Assured, offers protection against Death and Terminal Illness.

Accidental Death and Dismemberment Benefit
Provides additional cover for losses due to accident with double indemnity payout on specified accidental events8.

Male Illness Cover II
Covers Male related illnesses; reimbursement of medical expenses incurred for covered events up to 100% of Sum Assured.

Female Illness Cover II
Covers Female related illnesses; reimbursement of medical expenses incurred for covered events up to 100% of Sum Assured.

Child Illness Cover
Covers Child related illnesses; Death and Total and Permanent Disability benefits are payable due to accidental events9.

Critical Illness Accelerated Benefit
Provides coverage for 30 major critical illnesses, offering peace of mind and the confidence to deal with high cost of medical treatment.

Critical Illness Premium Waiver
Provides waiver of future premiums up to the remaining rider term upon diagnosis of any one of 30 critical illnesses of the Life Assured.

Payer Critical Illness Premium Waiver Benefit
Provides waiver of future premiums up to the remaining rider term upon diagnosis of any one of 30 critical illnesses of the payer.

Payer Premium Waiver Benefit
Provides waiver of future premiums up to the remaining rider term in the event of Death, Terminal Illness or Total and Permanent Disability of the payer.

 

 

  1. Once you reach age 55, or you have contributed to your Policy for more than 12 years annual premiums, you can reduce your base cover to zero.
  2. If due to a specified life event. Qualifying criteria applies.
  3. Basic cover will apply as long as the policy value has sufficient Units in the Policy to cover the applicable fees and charges.
  4. Terms and conditions apply. Please refer to the Product Summary and Policy Contract for the full details.
  5. Premium amount payable since the start of the policy inception.
  6. We reserve the right to limit the number of free switches, or start charging, by providing 30 days advance notice.
  7. Increasing Sum Assured is calculated based on simple interest method.
  8. Refer to product summary and policy contract for details on specified accidental events.
  9. In the event that the Life Assured sustains an Accidental Injury and such injury results in either the death of the Life Assured within 180 days of the Accident causing the injury, or the Total and Permanent Disability of the Life Assured, the Accidental Benefit is payable.
     

This policy is underwritten by Aviva Ltd.

The information on this page 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 product summary in relation to LifetimeFlexi is available and may be obtained from Aviva Ltd. You may wish to seek advice from a financial adviser before making a commitment to purchase the product. In the event that you choose not to seek advice from a financial adviser, you should consider whether the product in question is suitable for you. Buying a life insurance policy is a long-term commitment and an early termination of the policy usually involves high costs. All investments involve risk and returns are not guaranteed. Past performance is not necessarily indicative of future performance. The performance of the investment-linked sub-fund is not guaranteed and, in particular, the value of the units in the investment-linked sub-fund may fall, as well as rise. The Policy may be cancelled by written request to Aviva Ltd within fourteen (14) days after the receipt of the Policy document, in which case Aviva Ltd shall make a refund of the premium received by Aviva Ltd less medical fees incurred in assessing the risk under the Policy, or if there has been a decline in the market value, such lesser amount as Aviva Ltd deems necessary to reflect the change in market value. The refund will be made after we have receive the original Policy for cancellation. If the Policy document is sent by post, it shall be deemed to have been delivered within seven (7) days after the posting.
 
 

 

Global Investment

 Go Global Now
 

Enjoy peace of mind while building a tax-efficient# nest egg with our investment-linked life insurance plan (ILP). Combining the insurance cover you need with access to a wide range of premium investment funds, our Global Investment Account offers great value, flexibility and protection. So you can get to where you want to be financially wherever your expat lifestyle takes you. All you need is a minimum investment of US$15,000 and big plans for the future.

How the plan works

  • Contributions used to purchase unit-linked funds covering a wide range of asset classes including fixed interest, bonds, property and equity.
  • Each ILP sub-fund is traded on a single 'dealing price' that is used for all purchases, fund switches and withdrawals.
  • The unit price of the ILP sub-funds follows the underlying fund, with no additional layer of fees charged on the funds by Aviva.
  • No bid/offer spread pricing means 100% of your money is invested (after any fees are paid).
  • Potential for tax-free returns depending on your nationality and country of residency.
  • In the event of accidental death, the plan will pay 106% of Net Asset Value (up to age 65) or, for non-accidental death, 101% of NAV.

Eligibility

  • You must be living or working in Singapore, a Singaporean working abroad, or a foreigner working in South East Asia.
  • Joint ownership is permitted.
  • You must be between the ages of 19 and 80 on your next birthday.

Meet our requirements? Apply now

Investment options

  • Either via a Lump Sum payment or through our Easy Save Option^ which allows you to make Instalment payments with no contractual obligations.
  • Increase your investment portfolio at any time via top-ups (US$15,000 minimum investment and US$4,000 minimum top-up).
  • Choose from six contract currencies (£, €, A$, US$, HK$ or S$).
  • Unlimited free fund switching.
  • Make withdrawals subject to a minimum partial withdrawal amount and exit fee (if applicable)*.

^ For Easy Save Option, the minimum account value must be achieved within 12 months of initial investment; otherwise, shortfall fees will be imposed.
* The policy value must be maintained at the equivalent of US$15,000 or 15% of the premiums paid over the last five years – whichever is the higher of the two.

Sign up for your personalised account

Rewards

  • Based on your initial investment contribution and the subsequent investments you make, Global Investment Account rewards you with Volume Bonus via extra unit allocation.
  • Volume Bonus is allocated as follows:

    For Investment Contribution of: Volume Bonus
    US$50,000/€50,000/£25,000/A$75,000/S$75,000/HK$300,000 0.50%
    US$100,000/€100,000/£50,000/A$150,000/S$150,000/HK$600,000 0.75%
    US$200,000/€200,000/£100,000/A$300,000/S$300,000/HK$1,200,000 1.00%
  • For initial investment, an Initial Volume Bonus is paid at the time at which the initial investment is made.
  • For subsequent investments, an Accumulated Volume Bonus is paid in arrears on the policy anniversary, if the accumulated subsequent investments (less withdrawals) in the preceding 12-month period meet the minimum qualifying amounts above.

Start reaping the rewards

#Potential tax efficiencies apply only with regards to UK tax law. Please consult a professional tax expert on the potential tax savings.
The information on this page is only an overview of the benefits of Global Investment, and not a contract of insurance. The detailed terms and conditions of this plan are provided in the relevant policy contract.
A product summary in relation to Global Investment is available and may be obtained from Aviva Ltd and the participating distributors' offices. You should read the product summary before deciding whether to subscribe for units in the sub-fund. The value of units in the sub-fund and the income accruing to the unit, if any, may fall as well as rise.
The content of this material is not made with regards to the specific investment objectives, financial situation and the particular needs of any specific person and is not to be construed as offers to sell or the solicitation of offers to buy any security. You may wish to seek advice from a financial adviser before making a commitment to purchase the product. In the event that you choose not to seek advice from a financial adviser, you should consider whether the product in question is suitable for you.
Buying a life insurance policy is a long-term commitment. An early termination of the policy usually involves high costs and the surrender value payable may be less than the total premiums paid. Information is correct at time of publishing.
 
 

WealthCreator

 How to Apply
 

WealthCreator is a single premium investment-linked insurance plan that creates both wealth and security for your future. You get access to a range of professionally managed investment-linked funds that build wealth while providing protection in case of Death or Terminal Illness.

WealthCreator puts your money right away to work. You pay no upfront fees or sales administration charges. The simplified charging structure means 100% of your hard earned money is invested right at the beginning. The plan also provides you with guaranteed annual bonus units of 0.5% of the policy value from the sixth year onwards.

  • Pay only a low 1.8-2.95% annual management fee (depending on your choice of funds)
  • Receive unlimited free fund switches
  • Pay a minimal fee of 1-3% if you choose to redeem within the first 5 years only

All of these benefits are for only a minimum investment amount of S$5,000, and subscription is via cash or SRS.

Global Europe
Templeton Global Bond (SP)
Legg Mason Global Bond (SP)
Templeton Global Balanced (SP)
AllianceBerstein Global Growth Trends (SP)
Mendaki Global (SP)		 EU Convergence Growth (SP)
Henderson European (SP)
Asia Pacific
Aberdeen Pacific Equity (SP)
Balanced Growth (SP)
Capital Growth (SP)
Income Growth (SP)
Legg Mason Asian Enterprise (SP)		 Others
Emerging Countries Growth (SP)
LionGlobal India (SP)
LionGlobal Japan Growth (SP)
The information on this page is only an overview of the benefits of WealthCreator, and not a contract of insurance. The detailed terms and conditions of this plan are provided in the relevant policy contract
 
 

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