MyWholeLifePlan III

Comprehensive lifetime protection

with cash returns and the flexibility to
boost coverage when it really matters
 Look after your greatest joy in life
– now and in the future.
Your loved ones are your biggest source of joy. In return, you
devote your life to giving them the best. Not only today, but
in the years ahead too. Life insurance gives you the confidence
that your loved ones will continue to be well taken care of
should unexpected twists occur in your life.

But life insurance is easily overlooked...

Only 42%
of Singaporeans think they
have adequate financial protection
for their dependants if they die.

Less than 50%

of Singaporeans are confident of
their financial security if they’re
diagnosed with serious illnesses
like cancer.

Source: Aviva’s Consumer Attitudes Survey, June 2018.

1
 I know I need adequate
life insurance, but I don’t
want to pay premiums
without getting any of
my money back. I want
the flexibility to increase
my coverage at different
life stages too.

What you need is a plan that provides comprehensive

lifetime protection and cash returns1 while allowing
you to enhance your coverage when it’s really needed.
Call it a plan that keeps up with you.

2
 Introducing
MyWholeLifePlan III
MyWholeLifePlan III is a comprehensive lifelong
protection plan that offers financial coverage
against death and terminal illness. It also gives
you the flexibility to choose your coverage, while
accumulating cash value and bonuses. So now,
you can get optimum protection throughout your
lifetime, at an affordable price too.

MyWholeLifePlan III has two components:

Base Cover
Provides protection against death and
terminal illness, while accumulating
cash value and bonuses

Additional Cover

Allows you to have high protection by up to an

extra 400% of the Base Sum Assured,
when you need it the most.

3
 Key Benefits:

Lifetime Base Cover – pays a lump sum

in the event of Death or upon diagnosis
of a Terminal Illness2

Options for higher coverage

(Additional Cover) – enhance protection
by an additional 100%, 200%, 300%
or 400% of Base Sum Assured3

Flexibility to choose the duration of

your Additional Cover – up to age 65, 70,
75 or 80 Age Next Birthday (ANB)3

Choice of premium payment term

– pay a single premium or pay regular
premiums for 5, 10, 15, 20 or 25 years

Accumulates cash value and bonuses1

while giving you comprehensive
protection

4
 In addition:

Receive monthly income

– Income Payout Option4
provides a regular income stream up to age
99 (ANB) to supplement retirement needs,
while bonuses continue to grow

Increase coverage at key life events

– Guaranteed Extra Protection
(GEP) Option5
provides the flexibility to increase your coverage
when you reach key milestones in life, without
further health underwriting

Enjoy interest waiver6 for

premiums that are put on hold
if you lose your job
so you have one less worry while
you look for a new job

5
Optional riders for
holistic protection:
You can choose to complement your plan with this complete
list of riders7 for enhanced protection:

Lifetime coverage Coverage up to 85 (ANB)

Total and
Permanent Disability
Advance Cover III

Critical Illness MultiPay

Advance Cover III Critical Illness
(CI) Cover II

Early Critical Illness

Advance Cover III

Premium Waiver Riders

(coverage during premium term)

Critical Illness Premium Waiver

Payer Critical Illness Premium Waiver
Payer Premium Waiver Benefit

6
 Add on MultiPay CI Cover II
for protection against multiple
and recurrent critical illnesses
MultiPay CI Cover II is designed to provide up to
five lump sum payouts, totalling up to 500% of your
chosen Sum Assured. It covers various stages of critical
illnesses such as cancer, stroke and heart attack.

Moreover, should conditions8 recur – you’ll have the

comfort and reassurance of multiple payouts.

Payouts from this rider will not reduce the

coverage of MyWholeLifePlan III.

7
 Upon diagnosis of the following: Number of Payout
Lump Sum
(up to 85 ANB) Payouts Amount
Up to
Up to 200%
Early or Intermediate Stage of CI*
2X of Sum Assured 9

300% of Sum
36 Severe Stage CI Assured less claims
1X made on the Early and
Intermediate Stage 10

First-time CI: Major Cancers, Heart Attack, Stroke

OR 100%
Re-diagnosed Cancer, Recurrent Heart Attack, 1X of Sum Assured 11

Recurrent Stroke
First-time CI: Major Cancers, Heart Attack, Stroke
OR 100%
Re-diagnosed Cancer, Recurrent Heart Attack, 1X of Sum Assured 12

Recurrent Stroke

Total Benefit Payout: 5X

Lump Sum
500%
of chosen
Payouts Sum Assured

Special Benefit – an additional

20% of Sum Assured is payable upon diagnosis
of any of the 24 medical conditions such as
diabetic complications or autism13

Good Health Reward

20% of Sum Assured when you do not make
any claim before the end of policy term 14

* The CIs claimable under Early or Intermediate Stage are grouped into 3 categories.
They are:
Group 1: for Early Cancer and illnesses relating to major organs
Group 2: for Heart-related illnesses
Group 3: for illnesses related to the nervous system and other systemic conditions
You can make one claim from each group (up to a maximum of two claims) if you are
diagnosed with CI (s) that falls under Early or Intermediate Stage. There is no waiting
period between the two claims. Please refer to the Product Summary for more details.

8
 How MyWholeLifePlan III works
Amy, 30 (ANB), non-smoker, buys MyWholeLifePlan III and the riders below
for a lifetime of protection while growing her savings.

MyWholeLifePlan III

Base Sum Assured (lifetime coverage) : S$100,000

Additional Sum Assured:

400% of Base Sum Assured (up to 65 ANB) : S$400,000

Total and Permanent Disability Advance Cover III

Base Sum Assured (lifetime coverage) : S$100,000

Additional Sum Assured:

400% of Base Sum Assured (up to 65 ANB) : S$400,000

MultiPay Critical Illness Cover II

Sum Assured (up to 85 ANB) : S$50,000

Total Annual premium : S$3,958

Premium term : 25 years

9
Protection during Additional Cover period
If Amy is diagnosed with Total and Permanent Disability (TPD) at 60 ANB, she
would receive S$559,718.

Base Sum Additional Potential

Assured Sum Assured Bonuses
S$100,000 S$400,000 S$59,718

MyWholeLifePlan III Payout

S$559,718

Since this TPD claim will fully advance the death benefit on her
MyWholeLifePlan III, Amy’s MyWholeLifePlan III will be terminated after this
claim. However, her MultiPay CI Cover II will continue to be in force.

Cash Value Accumulation

If there is no claim (other than on her MultiPay CI
Cover II), at 85 ANB, Amy’s policy cash value would
have grown to S$214,58615, provided that she did
not exercise the Income Payout Option.

The illustration is based on the projected investment rate of return of 4.75%

per annum, which is the higher rate as illustrated in the Policy Illustration.
For projected investment rate of return of 3.25% per annum, the potential
bonuses at 60 ANB for the TPD claim is S$12,292, and the accumulated cash
value at 85 ANB is S$102,300.
For more details, please refer to the Product Summary and Policy Illustration.
Numbers in the table above have been rounded off to the nearest dollar.

10
 Protection against critical illness
Should Amy be diagnosed with critical illness during the rider term, her
MultiPay CI Cover II will help to ease the financial burden of her medical
treatments. Here’s an example of how it might help.
At 35 ANB, Amy discovers a lump in her breast and is advised to go for surgery.
Ten years later, she suffers a heart-related ailment and undergoes Keyhole
Coronary Bypass Surgery. She recovers well.
Unfortunately, at 65 ANB, she has a relapse and is diagnosed with major Breast
Cancer. Her breast cancer surgery is successful.
Then at age 75, she suffers a stroke and subsequently, recurrent stroke at 85 ANB.

Number of Payout
Upon diagnosis of the following: Lump Sum Amount
Payouts (S$)
Early or Intermediate Stage of CI
Payout 1: S$50,000 when she discovers the
2X
9
breast lump (under Group 1) S$100,000
Payout 2: S$50,000 when she suffers from
heart-related illnesses (under Group 2)
36 Severe Stage CI
Payout 3: S$50,000 when she suffers from major 10
Breast Cancer (under Major Cancers) 1X S$50,000
Note: All future premiums of this rider are waived
after this payout.
First-time CI: Major Cancers, Heart Attack, Stroke
OR
Re-diagnosed Cancer, Recurrent Heart Attack, 11
Recurrent Stroke 1X S$50,000
Payout 4: S$50,000 when she suffers from Stroke
(under First-time CI: Stroke)
First-time CI: Major Cancers, Heart Attack, Stroke
OR
Re-diagnosed Cancer, Recurrent Heart Attack,
Recurrent Stroke 12

Payout 5: S$50,000 when she suffers from

1X S$50,000
Recurrent Stroke
(under Recurrent Stroke)

Total: 5X S$250,000
11
Start early, start now!
There’s no right or wrong time to plan your
future but getting insurance when you’re young
and healthy means premiums will be lower.

Application is simple:
1. Choose your Base Sum Assured amount
and premium payment term

2. Decide on your Additional Cover percentage

and expiry age

3. Consider eligible riders to enhance

your protection

For more information about

MyWholeLifePlan III, speak to
your financial adviser representative
or visit www.aviva.com.sg today.

12
 Footnotes:
1. MyWholeLifePlan III’s Base Cover accumulates guaranteed and non-guaranteed
cash value:
a) For single premium payment term – from the policy inception as long as the
full single premium amount is paid.
b) For regular premium payment term – from the start of the 3rd policy year as
long as the premiums are paid up to date.
The non-guaranteed cash value is accumulated in a form of Reversionary Bonus
(declared annually) and Terminal Bonus, and will depend on the performance of
Aviva Ltd’s Participating Fund. Please refer to the Product Summary for more details.

2. MyWholeLifePlan III covers Death and Terminal Illness for whole of life. Upon
diagnosis of Terminal Illness of the Life Assured, Aviva Ltd will pay the Terminal
Illness Benefit as the advancement of the Death Benefit, less any amount owing to
Aviva Ltd, in one lump sum.

3. MyWholeLifePlan III comprises of a Base Cover and an Additional Cover. It offers

a choice for Additional Cover to enhance the Basic Benefits of Death and Terminal
Illness by 100%, 200%, 300% or 400% of the Base Sum Assured of the basic plan.
The chosen Additional Cover percentage is also applicable to the Additional Cover
of its optional riders such as the Total and Permanent Disability Advance Cover III,
CI Advance Cover III and Early CI Advance Cover III. The Total Sum Assured of this
plan is the sum of the Base Sum Assured (Base Cover) and the Additional Sum
Assured (Additional Cover). This Additional Cover will start from policy inception
and end at the policy anniversary when the Life Assured attains the chosen Additional
Cover expiry age of either 65, 70, 75 or 80 age next birthday (ANB) ( Additional”
•

Cover period”). Thereafter, the Life Assured will continue to enjoy coverage without
Additional Cover. Please refer to the Product Summary for more details.

4. This option is available to the Life Assured from the policy anniversary when the
Life Assured turns 65 ANB or at the end of the premium payment term ( Exercise
•

Age”), whichever is later. Payout starts one month from the Exercise Age and
must meet the minimum monthly income requirement. Please refer to the Product
Summary for more details.

13
5. The policyholder may opt for this option at each of the following key life events
without providing further evidence of insurability:
a) the Life Assured marries or divorces (i.e. change of marital status);
b) the Life Assured becomes a parent by having a newborn child, or legally
adopts a child (i.e. adding a new child member to the immediate family);
c) the Life Assured graduates from tertiary education; or
d) the Life Assured purchases a property.
This option allows the policyholder to purchase a new level term Supplementary
Benefit for Death or Terminal Illness benefit with extra premium payable. The
total coverage that can be taken up under this option is limited to 100% of
MyWholeLifePlan III’s Base Sum Assured, or up to a maximum of S$500,000 per
life, whichever is lower. This option is extended to standard life only and is not
available for policies on single premium payment term. Please refer to the Product
Summary for more details.

6. This refers to the Waiver of Interest Benefit for policyholder aged 19 to 75 ANB
who has been retrenched or unemployed and remains involuntarily unemployed
for a period of three consecutive months, provided the policy has sufficient cash
value to cover the total outstanding premiums. Proof of unemployment is required.
Please refer to the Product Summary for more details.

7. Please refer to the Product Summary for each optional rider for more details.

8. The recurring conditions refer to Re-diagnosed Cancer, Recurrent Heart Attack

and Recurrent Stroke. Re-diagnosed Cancer means cancer for which any of the
following conditions are met:
a) The Major Cancer persists for more than two years since first diagnosis;
b) The Major Cancer relapses, that is, though recovered temporarily (in remission),
the same Major Cancer recurs at the same organ as the preceding Major Cancer;
c) Metastasis of the preceding Major Cancer to other parts of the body; or
d) The new Major Cancer unrelated to the preceding Major Cancer.

Re-diagnosed Cancer must be confirmed by a Specialist on the basis of

histopathological diagnosis.

14
 Recurrent Heart Attack is defined as a separate Heart Attack and not a progression
of the previous one(s). The diagnosis must be supported with fresh evidence
based on the criteria set out in LIA’s definition of Heart Attack of Specified Severity.

Recurrent Stroke is defined as a separate Stroke and not a progression of the

previous one(s). The diagnosis must be supported with fresh evidence consistent
with the diagnosis of the Stroke based on the criteria set out in LIA’s definition
of Stroke.

Terms and conditions apply. Please refer to the Product Summary for more details.

9. If the Life Assured is first diagnosed to be suffering from any one of the CIs listed
under Early or Intermediate Stage of CI, 100% of the Sum Assured for each group
will be payable in one lump sum. A claim may be made only once from each group
up to a maximum of two claims. There is no waiting period between two claims.

10. If the Life Assured is diagnosed to be suffering from any one of the Severe Stage CIs
listed under this benefit, 300% of the Sum Assured less any Early and / or
Intermediate CI claims paid previously will be payable in one lump sum. Once a claim
is made on Severe Stage CI benefit, the Life Assured cannot claim on diagnosis of
Early or Intermediate Stages of CI. All future premiums of the rider are waived after
this payout.

11. Upon diagnosis of first-time Major Cancers, Stroke, Heart Attack, Re-diagnosed
Cancer, Recurrent Heart Attack, or Recurrent Stroke, 100% of the Sum Assured
will be payable in one lump sum. The waiting period is two years between Severe
Stage CI and First-time CI / Re-diagnosed Cancer / Recurrent Heart Attack / Recurrent
Stroke. This layer can only be claimed once. The Policy continues to remain in force
after this payout is made.

12. This layer pays 100% of the Sum Assured in one lump sum. The waiting period is
two years from the date of diagnosis of previous condition which was claimed
under previous layer. This layer can only be claimed once. The policy will terminate
once the Total Benefit Payout i.e. 500% of Sum Assured is made.

15
13. If the Life Assured is diagnosed with any one of the conditions listed in the Product
Summary, we will pay an additional 20% of the Sum Assured (capped at S$25,000
per life per condition) of the rider. Upon a claim of this Special Benefit, the Policy
remains in force. The payout of this Special Benefit does not reduce the CI Benefit
Sum Assured or the Death Benefit. Each condition can only be paid once and a
maximum of six claims can be made under the Special Benefit.

14. We will pay 20% of Sum Assured if Life Assured did not make any claims before
the policy anniversary when:
a) Life Assured is 65 ANB (for policy term that covers up to 70 ANB) or
b) Life Assured is 70 ANB (for policy term that covers up to 85 ANB).
This payout does not reduce the Sum Assured of MultiPay CI Cover II.

15. The surrender value includes guaranteed and non-guaranteed cash value at the
point of full surrender. In the event of non-payment of renewal premiums, this
policy will lapse if it does not have sufficient cash value.

16
 Important Notes

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 particular needs of any specific
person. A copy of the Product Summary may be obtained from Aviva Ltd and the
participating distributors’ offices. You should read the Product Summary before deciding
whether to purchase the policy. You may wish to seek advice from a financial adviser
representative before making a commitment to purchase the product. In the event that
you choose not to seek advice from a financial adviser representative,
you should consider whether the product in question is suitable for you.

As buying a life insurance policy is a long-term commitment, an early termination of

the policy usually involves high costs and the surrender value, if any, that is payable to
you may be zero or less than the total premiums paid. Buying health insurance products
that are not suitable for you may impact your ability to finance your future healthcare
needs. This 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.

Information is accurate as at 23 April 2019.

This advertisement has not been reviewed by the Monetary Authority of Singapore.

This policy is protected under the Policy Owners’ 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 the Life Insurance Association or SDIC websites
(www.lia.org.sg or www.sdic.org.sg).

17
The page is intentionally left blank

18
 MyWholeLifePlan-III_A5_COMP/2019/04/PPM/168

Aviva Ltd
4 Shenton Way, #01-01, SGX Centre 2 Singapore 068807
Tel: (65) 6827 9933
Website: www.aviva.com.sg
Company Reg. No.: 196900499K
GST Reg. No.: MR-8500166-8