What is Term Life Insurance?
Term life insurance is paid on death of the insured person. It is the cheapest and most basic form of life protection insurance. Only the listed beneficiary gets the proceeds of this policy. There is no savings component, no money back component. Only a lump sum payment death benefit. Maximum age coverage is 80 years old, subject to plan selected.
AIA Term life insurance policy does cover total and permanent disability with an add on disability rider. In the event the insured is disabled permanently, there is a payout.
Click the button below to contact AIA Insurance Agent Levine Lee, to answer your questions on this insurance plan.
Or send in enquiry. We will contact you to create the best insurance quotations to fit your term life insurance needs.
AIA A-Life Protect Term Life Insurance Yearly Plans Malaysia
AIA A-Life Protect Term Life Insurance Plans Malaysia
A-Life Protect Term life insurance provides death coverage of the person insured, within the term period at affordable premium. The plans listed here are the Yearly Renewable Term plans. And includes disability coverage as listed below.
Suitable for Business’ Keyman Insurance and Individuals’ Estate Planning needs.
Term life insurance policy does not cover critical illnesses nor medical protection. A critical care insurance policy will have to be in place for this coverage.
If you are looking for a comprehensive Life Insurance plan with high returns, then check out this detailed AIA Investment Linked Life Insurance Plan below:
AIA Investment Linked Life Insurance – Signature Beyond 2
AIA Investment Linked Life Insurance – Signature Beyond 2
The price shown is the starting monthly premium price. This is a life insurance plan to protect your family’s finances. The best life insurance plan for a total coverage of life’s risks:
- Death benefit
- Total and Permanent Disability (TPD)
- Critical Illness Coverage with Reset Capability
- Accidental death coverage 200% payout
- Accidental death coverage in a lift or public transportation 300% payout
- Accidental death coverage from a natural disaster 600% payout
- Higher maturity cash value
Contact AIA Business and Life Insurance Agent Levine Lee for a Custom Quote.
Or checkout this product as an order. No payment will be taken nor asked. The order will be seen as a request for a custom quotation for your needs.
Ask Levine Lee now, our Red Cover experienced insurance advisor, for a quick proposal for your estimated needs.
Why do we need Term Life Insurance?
Term life insurance is a life insurance plan. It is meant to provide financial security and protection for your family from the loss of income from the insured’s death. Or for a company under the keyman insurance plan.
Keyman Insurance Plans Malaysia
Keyman Insurance Policy Plans Malaysia
- 10 years Term Life Insurance Policy with 3 different sum assured options.
- Inclusive of Total and Permanent Disability Benefit of the same sum assured.
- This is a model plan for a 30 years old Male Keyman in a Company or Business
- Contact AIA Insurance Agent Levine Lee for a Custom Quote.
The payout is made only on the death of the insured person while the policy is in force. If the insured, survives the term of the insurance, there is no benefit received. The policy will expire with zero return. There is an option to renew before the policy expires.
Ask Levine Lee now, our Red Cover experienced insurance advisor, for a quick proposal for your estimated needs.
What is the coverage provided by Group Term Life Insurance?
There are 3 choices of term insurance from AIA Bhd for their A-Life Protect Term Insurance plan. A level term plan that covers up to the age of 80 years old. A 5-year term plan, renewable every 5 years up to the age of 70 years old. And a yearly renewable plan for up to the age of 65 years old. The plans are renewable for the 5 year and yearly term insurance plans without further underwriting.
AIA A-Life Protect Term Life Insurance Yearly Plans Malaysia
AIA A-Life Protect Term Life Insurance Plans Malaysia
A-Life Protect Term life insurance provides death coverage of the person insured, within the term period at affordable premium. The plans listed here are the Yearly Renewable Term plans. And includes disability coverage as listed below.
Suitable for Business’ Keyman Insurance and Individuals’ Estate Planning needs.
The minimum sum assured is RM25,000. The maximum sum assured is subject to underwriting checks terms and conditions. If a conversion to another plan is required, please get in touch with us for the best advice on how to proceed. There could be additional declarations and underwriting terms and conditions.
The insurance premium paid will depend on the insured’s health status. Underwriting will be made once for the policy even if its renewed for the same coverage to determine the premium rates. The premium payment is best paid annually, but can also be paid monthly if needed. Payments can be made with deductions from a credit card or other modes of payment.
As most people will want a return on savings or investing in an insurance policy, the better option would either be a whole life insurance plan or investment-linked life insurance plan. This gives more total life protection with a return on investment or return of savings on expiry.
Ask Levine Lee now, our Red Cover experienced insurance advisor, for a quick proposal for your estimated needs. To better understand the terms and conditions of the various insurance companies, get the estimates in with the proposed policy.
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Levine can help you to protect yourself and the future of your loved ones. Get immediate financial security. Don’t touch your savings. Let insurance provide it.
She can help provide financial security in times of hardship and will be able to ease the financial burden of your dependents in your absence.
Contact our AIA INSURANCE AGENT LEVINE LEE to get in touch with us and start your personal coverage, group coverage or choose your plan now. Get covered correctly. Be advised correctly. Call Levine Lee (+6012-684 0948) today to be advised on the best insurance protection personalized for you. Or send us the form below on your interest.
At Red Cover Life Planning, we emphasize our people- helping them grow, expanding their abilities, and discovering new opportunities. Join us now to be part of our team and story.
