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September 2014

AIA Smart Pro Rewards

Savings for the future, and extra cash for everyday pleasures. Who says you can’t enjoy both?

We know that giving yourself a little treat every now and then, is just as important as saving for the things that matter.

Now, you can achieve both goals at the same time with AIA Smart Pro Rewards – a limited premium payment, participating endowment plan with annual coupons that is designed to help you get more out of your savings.
 
5Cs for you to enjoy when you save the smarter way!

CASH
Get guaranteed cash in hand every year
With AIA Smart Pro Rewards, you can reward yourself with a yearly treat such as a short getaway, a self-improvement course or even a new wardrobe as it pays out a guaranteed annual coupon, equivalent to 5% of the insured amount every year from the end of the second year.

Lump sum cash payout for your savings goal
At the end of 15 years, you will receive a guaranteed lump sum payout of your maturity benefit, equivalent to 85% of the insured amount.

In addition, you’ll also receive non-guaranteed annual bonuses and terminal bonus which gives your plan additional growth potential.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CERTAINTY

With capital guarantee, you can be assured that you will get back your total premiums paid by the end of the policy term.
 
CHOICE
Enjoy the flexibility to choose whether you want to complete your premiums in a short 5-year period or spread them over 10 years.

You may choose to receive the annual coupons or leave it with AIA to earn interest to make your savings work harder.
 
CONVENIENCE
Application is hassle free with AIA Smart Pro Rewards, as issuance is guaranteed with no medical check-up required.
 
COVERAGE
Be covered against death while you save. Should the unexpected happen, AIA Smart Pro Rewards will pay your loved ones 101% of the total annual premiums paid plus any bonuses and coupons that were left to accumulate with AIA.

Example
 

33-year-old Wendy has a 5-year-old son, Ben. She wishes to receive an annual coupon of S$2,000 to help supplement her son’s enrichment classes for the next 11 years before he starts tertiary education. As she intends to be a home baker when her son enters tertiary education, Wendy plans to take up a professional baking course and uses the annual coupons to pay for her course.
 
At the end of 15 years, Wendy will receive a maturity benefit that she can use to partially fund for her son’s local university education or as capital for her home business.
 
Wendy takes up AIA Smart Pro Rewards for an insured amount of S$40,000 and pays an annual premium of S$5,872 for 10 years, which works out to a total of S$58,720.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

If Wendy accumulates all her coupons

She will receive a projected payout of S$78,254 (inclusive of all non-guaranteed bonuses and coupons accumulated with AIA).

 

 

Please note:

1. The guaranteed annual coupon equivalent to 5% of the insured amount   starts from the end of the 2nd policy year up to the end of the 14th policy year.
 
2. Annual bonus and terminal bonus payable (if any) are non-guaranteed. Once  credited to the policy, annual bonuses (if any) form part of the guaranteed benefits of the policy. Terminal bonus is a one-time, non-guaranteed,
discretionary bonus that may be payable upon claim or maturity.

3. Capital guarantee applies to annual premium mode only.
 
4. Annual premium excludes interest, any adjustment to the size of insured  amount and premium payment mode.
 
5. Coupons are inclusive of interest earned. Interest rate for accumulated coupons is not guaranteed.

 

6. Figures in the example include non-guaranteed annual bonuses and terminal bonus that are based on the projections at 4.75% p.a. investment returns and are for illustrative purposes only. The actual benefits payable may vary according to the future experience of the participating fund.