aia.com.sg
AIA Prime Critical Cover gives you easy access to
critical illness protection with coverage up to age 100.
When it’s hard
will need to downgrade
their standard of living
should critical illness
strike them in
the future*
1 in 3
Singaporeans does not
have critical
illness cover*
1 in 3
By 2050,
Singapore’s diabetic
population
will reach
1 in 3
of Singaporeans
have at least
1 health condition*
69%
1 million
+
Medical advances have helped Singaporeans enjoy a longer lifespan. However, while Singaporeans are living longer, they are spending more of their later years in poor health1.
We understand that even as you celebrate your longevity, the worry of taking ill becomes greater. Your risk of contracting age-related illnesses increases with each passing year. Getting insurance coverage in your later years can be difficult, with expensive premiums, the hassle of numerous medical checkups, or if you have a pre-existing condition.
AIA Prime Critical Cover is designed to provide adults aged 40 to 70 years long-term and comprehensive protection against 40 conditions, up to age 100. Because getting protected should be easy, even as the years go on.
Easier Access to Protection
We have reduced the need for complicated medical examinations at the point of application so you can enjoy easier access to wider critical illness coverage at an affordable premium.
Guaranteed Critical Illness Coverage up to Age 100
AIA Prime Critical Cover offers you critical illness coverage up to age 100, with additional 50% coverage during your later years.
• Receive 100% of the insured amount when you are diagnosed with a critical illness
• Receive additional 50% of the insured amount when the diagnosis occurs after age 852
Benefits of AIA Prime Critical Cover
Coverage up to age
100 Easier
Receive Early Payouts for 7 Conditions
Early treatment ensures that you can properly treat and manage your condition to maximise your chances of recovery. We have included a Special Condition Benefit that offers early payouts, up to age 100. You can make a one-time claim for each of the following special conditions. Your insured amount and premium will be reduced accordingly after each payout.
Health Screenings Benefit
Protection does not stop at getting sufficient coverage. Keeping check of your health regularly is equally critical to ensure that you’re able to detect and treat any illness early. That is why we offer you reimbursements of up to S$250 for your health screening expenses once every 3 years, from the 4th policy year onwards.
Early Payouts
Special Condition Benefit Diagnosed before age 852 Diagnosed afterage 852
1. Angioplasty & Other Invasive Treatment for
Coronary Artery 10% of insured amountUp to S$25,000 15% of insured amountUp to S$25,000 2. Carcinoma in situ of specified organs
10% of insured amount
Up to S$150,000 15% of insured amountUp to S$150,000 3. Cardiac defibrillator insertion
4. Cardiac pacemaker insertion 5. Early Parkinson’s Disease
6. Moderately Severe Alzheimer’s Disease
7. Osteoporosis 10% of insured amount
Up to S$25,000 15% of insured amountUp to S$25,000
AIA Prime Critical Cover does more than protect. It keeps you healthy too.
Getting protection comes with a cost. But with AIA Vitality, you can enjoy up to 15%3 savings on your AIA Prime Critical Cover premiums
as you get healthier, giving you more motivation to maintain a healthy lifestyle. That’s why our plans do more than protect you financially. They keep you healthy, too.
Example
Albert Lee is a 45-year-old manager with 2 young children. He is worried about contracting age-related illnesses and wants to increase his critical illness coverage. He takes up an AIA Prime Critical Cover plan for an insured amount of S$150,000.
^ Insured amount is reduced by 10% or the payout amount, whichever is lower
Albert’s premium is adjusted based on the reduced insured amount 1st payout under
Special Condition Benefit: S$15,000 (10% of S$150,000)
Albert is diagnosed with coronary artery disease and underwent
angioplasty
Albert is diagnosed with Moderately Severe Alzheimer’s
disease
His insured amount is reduced to:
S$135,000
His insured amount is reduced to: S$121,500^ 2nd payout under Special Condition Benefit: S$20,250 (15% of S$135,000)
Age 45 Age 55 Age 86
His Alzheimer’s disease reaches a
critical stage
His plan terminates after this payout
Final payout: S$182,250 (150% of S$121,500)
Age 88
Total payout Albert received from AIA: S$217,500 Albert goes for his first
health screening at age 49 & subsequently once
every 3 years
List of Critical Illnesses
1. Acute Nechrohemorrhagic Pancreatitis 2. Alzheimer’s Disease / Severe Dementia 3. Apallic Syndrome
4. Aplastic Anaemia 5. Bacterial Meningitis 6. Benign Brain Tumour 7. Blindness (Loss of Sight) 8. Coma
9. Coronary Artery By-pass Surgery 10. Creutzfeld-Jacob Disease 11. Deafness (Loss of Hearing) 12. Elephantiasis
13. End Stage Liver Failure 14. End Stage Lung Disease 15. Fulminant Hepatitis
16. Heart Attack of Specified Severity 17. Heart Valve Surgery
18. HIV Due to Blood Transfusion and Occupationally Acquired HIV 19. Kidney Failure
20. Loss of Independent Existence 21. Loss of Speech
22. Major Burns 23. Major Cancers 24. Major Head Trauma
25. Major Organ / Bone Marrow Transplantation 26. Medullary Cystic Disease
27. Motor Neurone Disease 28. Multiple Sclerosis 29. Muscular Dystrophy 30. Necrotising Fasciitis
31. Other Serious Coronary Artery Disease 32. Paralysis (Loss of Use of Limbs) 33. Parkinson’s Disease
34. Poliomyelitis
35. Primary Pulmonary Hypertension 36. Progressive Scleroderma 37. Progressive Supranuclear Palsy 38. Severe Myasthenia Gravis 39. Stroke
40. Surgery to Aorta
41. Systemic Lupus Erythematosus with Lupus Nephritis
Frequently Asked Questions
It is always our intention to write in plain English, and to be as transparent as possible when describing our products. The questions and answers below reflect the most common concerns raised by our customers. If you have any other questions not addressed here, please ask your AIA Financial Services Consultant or Insurance Representative. You may also visit our website at aia.com.sg or contact our AIA Customer Care Hotline at 1800 248 8000.
Q1. Am I eligible to apply for AIA Prime Critical Cover?
You can apply for AIA Prime Critical Cover if you are aged between 40 years old and 70 years old.
Q2. Are my premiums guaranteed?
Your premiums are not guaranteed. We may revise the premiums but we will not do so on an individual basis.
Q3. Does AIA Prime Critical Cover pay a death benefit?
Yes, your family will receive 5% of the insured amount to defray immediate expenses in the event of your passing, while the policy is in force.
Q4. Is there a waiting period before I can make a claim?
Yes, no benefit will be payable for the following conditions if the date of diagnosis or date of surgery falls within 90 days from the date of issue or date of reinstatement of the policy, whichever is later.
• Angioplasty & other invasive treatment for coronary artery surgery • Carcinoma in situ of specified organs
• Cardiac defibrillator insertion • Cardiac pacemaker insertion • Coronary artery by-pass surgery • Heart attack of specified severity • Major cancers
• Other serious coronary artery disease
Q5. Is there a survival period before I can make a claim?
1 Source: Singaporean ‘Living Longer in Good Health - and Bad’, The Straits Times, 19 December 2012. 2 Age 85 refers to policy anniversary on or after the 85th birthday
Important Notes:
This insurance plan is underwritten by AIA Singapore Private Limited (Reg. No. 201106386R) (“AIA”). All insurance applications are subject to AIA’s underwriting and acceptance. This brochure is not a contract of insurance. The precise terms and conditions of this plan, including exclusions whereby the benefits under your policy may not be paid out, are specified in the policy contract. You are advised to read the policy contract.
Buying a life insurance policy can be a long-term commitment. You should consider carefully before terminating the policy or switching to a new one as there may be disadvantages in doing so. The new policy may cost more or have fewer benefits at the same cost.
The information is correct as at 2 January 2015.
Q6. What conditions are not covered by AIA Prime Critical Cover?
The following are some of the exclusions. For more information, please refer to the product summary.
• Diagnosis of Fulminant Hepatitis or major cancers directly or indirectly due to an Acquired Immunodeficiency Syndrome (AIDS) or infection by any Human Immunodeficiency Virus (HIV). • Pre-existing conditions (unless the condition is declared and accepted by AIA).
Q7. Can I change my mind and cancel the policy after I’ve purchased it?
AIA Group Limited and its subsidiaries (collectively “AIA” or “the Group”) comprise the
largest independent publicly listed pan-Asian life insurance group. It has operations
in 17 markets in Asia-Pacific – wholly-owned branches and subsidiaries in Hong
Kong, Thailand, Singapore, Malaysia, China, Korea, the Philippines, Australia,
Indonesia, Taiwan, Vietnam, New Zealand, Macau, Brunei, a 97 per cent subsidiary in
Sri Lanka, a 26 per cent joint venture in India and a representative office in Myanmar.
The business that is now AIA was first established in Shanghai over 90 years ago.
It is a market leader in the Asia-Pacific region (ex-Japan) based on life insurance
premiums and holds leading positions across the majority of its markets. It had total
assets of US$159 billion as of 31 May 2014.
AIA meets the long-term savings and protection needs of individuals by offering
a range of products and services including life insurance, accident and health
insurance and savings plans. The Group also provides employee benefits, credit life
and pension services to corporate clients. Through an extensive network of agents,
partners and employees across Asia-Pacific, AIA serves the holders of more than
28 million individual policies and over 16 million participating members of group
insurance schemes.
SGPD2013027-525-02012015 TM3300162 (04/2014 01/2015) AIA Customer Care Hotline: 1800 248 8000