AIA A-Life Joy 2
Contact Details
Richtec Consultancy
Phone: 019-787 1313
No. 11-01, Jalan Mutiara Emas 2A, Taman Mount Austin, 81100 Johor Bahru, Johor
AIA A-Life Joy 2
A-Life Joy 2 is a regular premium Investment-Linked Insurance Plan that provides death and TPD coverage. This plan comes with an AutoGrowth feature which will automatically increase the coverage amount when your child turns 18. A-Life Joy 2 also gives you the flexibility to enhance the coverage, even during pregnancy, by offering a wide range of attachable riders.
Your child will be covered for Death until 100 years old and Total and Permanent Disability (TPD). There is also a wide range of Investment-Linked Funds for your selection as well as optional riders that you can add-on to this policy to ensure that your child’s protection and savings needs are met throughout their life.
Eligibility
You can apply for your child aged between 14 days and 15 years old. Pregnant women aged between 18 and 45 years old who are under 35 weeks pregnant can also apply for this plan. However, only A-Life Lady360 customers aged between 18 and 40 years old can purchase this plan as early as when they are under 14 weeks pregnant.
Coverage
This plan covers your child up to the age of 100, provided that the policy is still in-forced and the fund value can cover the insurance and other charges.
Flexible Protection and Savings
Premiums for this plan are affordable, starting from RM150 per month. You have the flexibility to increase or decrease your child’s coverage according to his or her needs. You can also save more when your income increases, to make withdrawal when you need it, or switch between funds to suit your risk appetite.
Enhance Protection
Enjoy even wider coverage with optional benefits:
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A-Plus LifeExtra: Pays an additional 100% or 200% of the basic plan’s coverage amount if you pass away, with a coverage term of 10 or 20 years.
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A-Plus CriticalReset: Protect yourself against critical illnesses with additional coverage, which also includes a reset feature that is payable for cancer, heart attack and stroke.
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A-Plus WaiverExtra: Ensure continuous premium payment if you suffer TPD or are diagnosed with any one of the covered critical illnesses.
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A-Plus SpouseWaiver Extra Ensure continuous premium payment if your spouse passes away, suffers TPD or is diagnosed with any one of the covered critical illnesses
Education Savings
You can also set aside some money in A-Plus ScholarSaver to build an education savings fund for your child. When your child turns 18, you will receive the account value under A-Plus ScholarSaver in lump sum – just in time for you to pay for his or her tertiary education. The amount allocated into A-Plus ScholarSaver qualifies for personal tax relief up to RM3,000 per annum for medical and educational insurance.
You can read more about this insurance plan by downloading the brochure here.