When it comes to life insurance,
we want you to have the
best of
both worlds.
MyProtectorMoneyBack
The plan that protects your loved ones
and also gives back what you paid1.
No one should be
reluctant to buy life insurance...
We all know that insurance, especially life insurance, is important.
Yet most people seem to delay getting it for themselves.
One common excuse they have is that theyÕre reluctant to
purchase a protection plan which doesnÕt give them any returns.
According to our survey*,
About 1 in 3 consumers
do not have a life insurance plan.
This means that when faced with lifeÕs uncertain events such as
sudden death or terminal illness, their family members may not have
the sufficient funds to pay off their debts, outstanding bills or other
expenses such as school and medical fees.
And this is worrying.
*Source: AvivaÕs Consumer Attitudes to Saving Survey, Nov 2014
Have you ever
felt this way before?
ÒOf course
life insurance
is important...Ó
Ò...because
my loved
ones will get
the payout Ð
to support
themselves...Ó
Ò...but I pay
premiums
and never get
anything back!Ó
At Aviva, we try our best to create products that cater to our
customersÕ needs. And what we do know is that our customers
wish for a plan that can provide protection benefits while also
accumulating the premiums that they can eventually get back1.
Introducing
MyProtector-MoneyBack
MyProtector-MoneyBack is a protection insurance plan2 that
not only provides life insurance coverage; it also returns you
all the premiums youÕve paid to date1 upon the policyÕs expiry.
So with MyProtector-MoneyBack, you can be sure that you have
a life insurance plan that promises to give you your money back,
upon claim or when your policy expires. At the same time,
youÕll also feel safe and secure that should anything untoward
happen, your loved ones will be taken care of.
Key Benefits:
Enjoy protection and get your premiums back1 (without interest),
on the Policy Expiry Date.
Covers Death, Accidental Death, Terminal Illness and
Total and Permanent Disability2.
Receive a lump sum amount plus total premiums paid in
the event of a claim3.
Enjoy 200% of the sum assured plus total premiums paid
in the event of an accidental death3.
Choice of coverage term of 15, 20, 25 or 30 years,
subject to maximum age limits4.
Level and guaranteed premiums amount
throughout the policy term.
How MyProtector-MoneyBack
works
James Kho is a 35 year old account manager for a multinational firm.
He has two young children, aged 6 and 2 years old.
He is worried that he doesnÕt have sufficient life insurance coverage,
especially when his friend has recently died, leaving behind his wife
and newborn baby.
James has therefore decided to purchase MyProtector-MoneyBack
with a Sum Assured of S$200,000 and has chosen to pay S$1,915.756
annually, over a 15-year coverage term.
Scenario 1:
James gets into an accident at age 48 and as a result, suffers from
Total and Permanent Disability2 (TPD). Upon diagnosis of TPD by a
registered medical practitioner, he will receive a total of:
S$200,000 (Sum Assured) + S$26,820.50 (Total Premiums Paid)
= S$226,820.50.
His policy coverage will end after he receives this benefit.
Start of
coverage
term
End of
coverage
term
Total Premiums Paid
S$1,915.756 x 14 years
= S$26,820.50
48
35
50
Age
Next
Birthday
James
suffers TPD
at age 48
TPD Benefit
= S$226,820.50
How MyProtector-MoneyBack
works
Scenario 2:
James lives a happy and healthy life. At age 50, his policy expires
and he gets his total premiums back. He will receive a total of:
S$1,915.756 (annual premium) x 15 years (coverage term)
= S$28,736.25, on the policy expiry date.
Start of
coverage
term
End of
coverage
term
Total Premiums Paid
S$1,915.756 x 15 years
= S$28,736.25
35
Cover Term - 15 years
50
Age
Next
Birthday
Total
Premiums Back
= S$28,736.25
Want to know how
MyProtector-MoneyBack
could work for you?
Speak with your Financial Adviser
or visit www.aviva.com.sg to find
out how MyProtector-MoneyBack
can help you.
Footnotes
1. Premiums that will be returned refer to the total premiums paid by the policyholder, without interest,
less any amount owing to Aviva Ltd upon the Policy Expiry Date or a valid claim. If you wish to surrender
your policy before the expiry of the policy, the surrender value stated in the Benefit Illustration will be payable,
subject to the deductions of any amounts owing to Aviva.
2. MyProtector-MoneyBack covers Death, Accidental Death, Terminal Illness and Total and Permanent Disability
as defined under our Policy Contract and Product Summary.
We will pay:
¥ Death Benefit upon death of the Life Assured within the policy term. We will pay the Sum Assured and
total premiums paid without interest, less any amount owing to Aviva Ltd in one lump sum; or
¥ Terminal Illness Benefit in a lump sum, as an advancement of the Death Benefit upon diagnosis of
terminal illness of the Life Assured within the policy term; or
¥ Total and Permanent Disability Benefit in a lump sum, as an advancement of the Death Benefit if
the Life Assured becomes totally and permanently disabled as defined in the Provisions; or
¥ If death is due to accidental injury within the policy term, we will pay the Accidental Death Benefit which
is 200% of the Sum Assured and the total premiums paid without interest, less any amount owing to
Aviva Ltd in one lump sum.
Please refer to the Product Summary and the Policy Contract for further details.
3. Upon a valid claim, premiums that will be returned refer to the total premiums paid by the policyholder,
without interest, less any amount owing to Aviva Ltd.
4. To find out more details on the maximum age limits, please refer to the Product Summary.
5. Simplified underwriting is subject to a maximum Sum Assured of up to S$500,000 per life, subject to the
fulfilment of Aviva LtdÕs health declaration requirements.
6. Illustration is based on a male aged 35 years at next birthday, non-smoker, who chooses to pay annually
for a Sum Assured of S$200,000 with a 15 years premium and policy term.
Disclaimers
The policy is underwritten by Aviva Ltd.
This brochure 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 copy of the Product Summary
may be obtained from Aviva Ltd and the participating distributorÕs offices. You should read the Product
Summary before deciding whether to purchase the policy. 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. Early termination of the policy usually involves high
costs and the surrender value payable, if any, may be less than the total premiums paid. This brochure is not
a contract of insurance. Full details of the standard terms and conditions of this plan can be found in the
relevant policy contract.
This policy is protected under the Policy OwnersÕ Protection Scheme which is administered by the Singapore
Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required
from you. For more information on the types of benefits that are covered under the scheme as well as the
limits of coverage, where applicable, please contact Aviva Ltd or visit the Life Insurance Association Singapore
or SDIC websites (www.lia.org.sg or www.sdic.org.sg).
Aviva Ltd 4 Shenton Way #01-01 SGX Centre 2 Singapore 068807. Tel: (65) 6827 9933 Fax: 6827 7900
www.aviva.com.sg Company Reg. No.: 196900499K GST Reg No.: MR-8500166-8
Aviva_MyProtector-MoneyBack_A5_v1.0_Apr2015
Information is correct as at April 2015.