What is Whole Life Insurance?
Whole life insurance is paid on death, permanent disability or maturity of the policy. It even has a surrender value, where you get back a portion of your savings if you intend to terminate the whole insurance policy. Which is the main difference with a term life insurance plan.
Whole Life insurance plan is one of the life insurance products.
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 personal insurance plan needs.
The policyholder gets their savings back once the term of the insurance expires during their lifetime.
If the insured person dies or is disabled during the period this whole life insurance policy is in force, then the listed beneficiary gets the sum assured. A company can use this policy for their keyman insurance plan. Maximum age covered is 100 years old.
Ask Levine Lee now, our Red Cover experienced insurance advisor, for a quick proposal for your estimated needs.
Why do we need Whole Life Insurance?
The benefits of this policy are:
- Estate planning
- Covers funeral and related expenses
- Financial security for the family to cover short term cash flow gaps
- Cash returns on expiry of the policy
A whole life insurance is a comprehensive and permanent life insurance plan. It covers death and total permanent disability (TPD) of the insured. The sum assured is payable subject to terms and conditions. It is a suitable plan to be used for a business keyman insurance policy.
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.
Ask Levine Lee now, our Red Cover experienced insurance advisor, for a quick proposal for your estimated needs.
What is the coverage provided by the AIA Whole Life Insurance?
AIA has two whole life insurance plans. A-LifeSecure and A-LifeTime Secure plans. Get in touch with us to understand the differences between these two plans.
The earliest age to be covered is 14 days old. And the oldest age to apply is 65 years old. The insurance coverage is up to 100 years old.
Additionally, to qualify for TPD, the applicant has to be no more than 60 years old. And the coverage for TPD is up to 65 years old. If you’d like to learn more about Whole Life Insurance, click here Whole Life Insurance Policy In Malaysia
A critical care insurance rider can be added on for this coverage to be more comprehensive.
The minimum sum assured is RM20,000. 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, age, and gender. Underwriting will be made once for the policy to determine the premium rates. The premium payment is best paid annually, but can also be paid monthly or quarterly if needed. Payments can be made with deductions from a credit card or other modes of payment. The premium has to be paid during the duration of the policy in force.
Investment Linked Life Insurance Plans
As most people will want a return on investing in an insurance policy, another option would either be an investment-linked life insurance plan. This gives similar total life protection but with a better return on investment on expiry. Click to have a look at the 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.
Learn more about Life Insurance
To learn more about Whole Life insurance and other types of life insurance products, get it touch with Red Cover’s expert insurance agent.
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.
Expert Insurance Agent
Financial Security – It is There When Needed
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.
