AIA Vitality

Premium Paying Rider (PPR) refers to integrated rider products and/or endorsement of an integrated rider product (if any) which can be attached with any basic plan except basic plan that cannot be attached with any rider (e.g. Annuity Fix, AIA Senior Happy), and basic plan with coverage period less than 10 years.

Unit Deducting Rider (UDR) refers to a rider which has a COI payment that deducts the auto-redemption of investment units that can be attached with AIA Issara Plus (Unit Linked) only.

Standard premium refers to the premium for standard risk, excluding any additional premium due to health and/or occupation. The premium amount depends on the payment frequency and does not include any premium discounts under the AIA Vitality program (if applicable).

Note:

• Vitality Bonus is a cashback benefit for integrated products that include riders and/or endorsements under the AIA Vitality Bonus program. The bonus is calculated and paid annually based on the policy year. The Vitality Bonus rate for each policy year depends on the insured’s AIA Vitality status, ranging from a minimum of 0% up to a maximum of 20% of the standard premium for critical illness riders, and up to 15% of the standard premium for medical expense and daily compensation riders that have already been paid by the insured.
• The Vitality Bonus rate is determined based on the insured’s AIA Vitality status on the anniversary date of the policy. The insured will receive the Vitality Bonus for each integrated product after a 90-day period from the policy anniversary date.
• For integrated products that include critical illness riders under the AIA Vitality Bonus program, each rider must be in force for a full policy year, and the insured must not have received any benefits under the terms of that rider during the policy year in order to be eligible for the Vitality Bonus. The bonus rates for Bronze, Silver, Gold, and Platinum statuses are 0%, 2%, 10%, and 20%, respectively.
• For integrated products that include medical expense and daily compensation riders under the AIA Vitality Bonus program, each rider must be in force for a full policy year. The Vitality Bonus rate is determined based on two scenarios:
  • If the insured has received inpatient hospitalization benefits under the terms of the rider during the policy year:
    • Bronze: 0%
    • Silver: 0%
    • Gold: 2%
    • Platinum: 5%
  • If the insured has not received inpatient hospitalization benefits under the terms of the rider during the policy year:
    • Bronze: 0%
    • Silver: 1%
    • Gold: 5%
    • Platinum: 15%
• The company reserves the right to adjust the Vitality Bonus rates for each policy year, subject to approval by the insurance registrar. The company will notify the insured in writing at least thirty (30) days in advance.
• Premium discounts and/or first-year COI cashback are calculated based on the standard premium and/or standard cost of insurance, respectively. The insured sum must meet the minimum requirement specified, and the calculation applies only to integrated products under the AIA Vitality program.
• The Healthy Bonus (AIA Vitality Healthy Bonus) for AIA CI ProCare is calculated based on the standard premium and the insured’s AIA Vitality status. The total Health Bonus is paid every 3 policy years, or earlier in cases where benefits under the main integrated product have been paid, or when the premium payment term has ended. This bonus is applicable only to insured members who have not made any claims under AIA CI ProCare. The Health Bonus rates for Bronze, Silver, Gold, and Platinum statuses are 0%, 1%, 4%, and 9%, respectively.
• The Health Bonus (AIA Vitality Healthy Bonus) for AIA Life Protector 70 and 80 is calculated based on the standard premium and the insured’s AIA Vitality status. The total Health Bonus is paid every 3 policy years, or earlier in cases where benefits under the main integrated product have been paid, or when the premium payment term has ended. The Health Bonus rates for Bronze, Silver, Gold, and Platinum statuses are 3%, 8%, 13%, and 18%, respectively.
• AIA Multi-Pay CI Plus is the marketing name for the combination of the AIA Multi-Pay CI rider and the AIA Total Care rider.
• AIA H&S, AIA H&S Extra, and AIA Infinite Care refer to the standard versions of the H&S rider, H&S Extra rider, and AIA Infinite Care rider, respectively.
• AIA Health Plus is available only to applicants who are members of AIA group health insurance at the time of application.
• The applicant is responsible for providing truthful information during the insurance application process. Any concealment or misrepresentation may result in the insurer voiding the policy and denying claims under the insurance contract.
• Applicants should carefully review and understand the sales documents before making a decision to purchase insurance. Upon receiving the policy, please read the policy details, terms, and conditions thoroughly.
• Unit-linked life insurance is not a deposit and carries investment risks. Applicants should understand the product features, return conditions, and associated risks. It is important to read and understand the sales documents and the fund prospectus before making any investment decisions.