You can select from up to 8 currencies at the time of policy application, which include Renminbi (RMB), British pound sterling (GBP), US dollar (US$), Australian dollar (AUD), Canadian dollar (CAD), HK dollar (HK$), Euro (EUR) and Singapore dollar (SGD), each may offer different policy returns.

Through the Currency Exchange Option, you can change the policy currency to another currency listed above. There will be no changes to the current policy effective date and the policy values will be recalculated and continue to accumulate based on the return of the new policy currency, so you can capture opportunities more flexibly in the dynamic world to meet your financial goals.

To suit your long-term wealth accumulation needs and your budget, you can choose a one-time premium payment term, a 3-year premium payment term (limited time offer), a 5-year premium payment term or a 10-year premium payment term to help meet your different financial goals.

After the end of the 3rd policy year or the end of the premium payment term, whichever is later, you can exercise the Policy Split Option according to your needs and transfer certain policy values from the current policy to a separate policy, splitting one policy into two. The current policy will continue to be effective with no change in effective date, and the policy effective date of the split policy will be the same as the current policy.

You can apply for a change of policy currency and change of insured after the policy is split. This flexibility allows you to allocate your assets strategically by holding multi-currency policies, helping to create the legacy you envision for the generations to come, or prepare funds to accomplish your goals at different life stages.

Bonus Lock-in Option

AIA Global Power Multi-Currency Plan 3 enables you to realise potential returns by transferring the latest cash values of the Reversionary Bonus (if any) and Terminal Bonus (if any) into a Bonus Lock-in Account to earn interest at a non-guaranteed rate. This is available once per policy year, after the end of the 15th policy year and within 30 days after the end of each policy year.

To provide flexibility for your financial needs throughout various life stages, you can withdraw cash from the Bonus Lock-in Account anytime without reducing the principal amount of your policy.

Bonus Unlock Option

By exercising the Bonus Unlock Option, you can even unlock a certain amount of the latest value of the Bonus Lock-in Account as non-guaranteed Reversionary Bonus (if any) and Terminal Bonus (if any) to suit your financial needs. This is available once per policy year, starting from one year after bonus lock-in and within 30 days after the end of each policy year.

With AIA Global Power Multi-Currency Plan 3, you can withdraw your policy values to make your visions a reality. To address your changing needs in the future, upon request, you can withdraw part of the guaranteed cash value and the non-guaranteed cash values of the Reversionary Bonus (if any) and Terminal Bonus (if any). However, this will reduce the future values of your policy. After withdrawal, the principal amount of the policy and the total premiums paid or one-time premium paid (as applicable) for the basic plan under the death benefit may be reduced.

Alternatively, you may choose to withdraw all cash values in the policy. Upon such withdrawal, you will receive the sum of the guaranteed cash value, non-guaranteed cash values of the Reversionary Bonus (if any) and Terminal Bonus (if any), and any remaining balance of the Bonus Lock-in Account (if applicable), and your policy will be terminated.

AIA will deduct all outstanding debt (if any) under the policy before AIA make any payments for your withdrawal.

During the lifetime of the current insured and after the end of the 1st policy year, the Change of Insured Option allows you to change the insured to another loved one as many times as you wish. That way, the value of your policy will not be affected and can be inherited by future generations, helping you pass on your wealth with ease.

With the Contingent Insured Option, during the lifetime of the current insured, you can designate one of your loved ones as the contingent insured. There is no limit on the number of times you can designate, modify or remove a contingent insured during the lifetime of the current insured. Upon the passing of the current insured, the contingent insured may become the new insured without affecting your policy values and your policy will continue to be effective, so as to safeguard your legacy for the generations to come.

After the end of the 3rd policy year, you may designate in advance the designated percentage of policy value and an aged 18 or above family member as a designated recipient. In the event you are diagnosed as a permanent mentally incapacitated person, upon AIA’s approval of the designated recipient’s application and subject to applicable laws and AIA’s prevailing rules and conditions, he / she may receive payment equal to your designated percentage of policy value. After payment has been made under this option, any remaining policy value may continue to grow over time in the future.

The death benefit will include the higher of:

1. 105% of the total premiums paid or one-time premium paid (if applicable) for the basic plan; or
2. the sum of:

• the guaranteed cash value of the policy;
• the face value of Reversionary Bonus (if any) in the policy; and
• the face value of Terminal Bonus (if any) in the policy;
  plus any remaining balance of the Bonus Lock-in Account (if applicable). AIA will deduct all outstanding debt (if any) under the policy before AIA make the payment to the beneficiary.

During the lifetime of the insured, you can select specific benefit amount to be paid to your beneficiary at regular intervals chosen by you, starting from your designated date^, provided that the total annual payment is equal to at least 2% of the sum of the death benefit and accidental death benefit.

The remaining amount of the death benefit and accidental death benefit will be left with AIA company to accumulate interest at the non-guaranteed interest rate determined by AIA, until the full amount of the death benefit and accidental death benefit has been paid to the beneficiary.

The death benefit settlement option is not available if the sum of the death benefit and accidental death benefit payable is less than US$50,000^*.

^{^}The designated date is subject to AIA’s prevailing rules and regulations. If the insured passes away after the designated date, the first instalment payment of death benefit and accidental death benefit will be paid immediately after the claim is approved.

^*If the policy is issued in currency other than US$, the amount would be available in the respective policy currency and the prevailing exchange rate will be used to calculate the above amount.

To motivate the insured to strive for academic excellence, AIA will reward academic achievements by offering the Educational Merit Benefit. Once the policy has been in force for at least one year, if the insured obtains any one of the designated achievements before the age of 25, AIA Global Power Multi-Currency Plan 3 will pay the corresponding award amount while the policy is in force. The Educational Merit Benefit will only be payable once per life under all AIA Global Power Multi-Currency Plan 3 policies.

You may encounter an unexpected change that may cause an impact on your finances. Should one of the specified events happen to you during the premium payment term of the basic plan, you may claim for the Extension of Grace Period Benefit (not applicable to one-time premium payment). AIA will extend the grace period for late premium payment from 31 days to up to 365 days to give you extra financial flexibility while keeping the insured protected and the policy effective.

To help you reserve cash on hand for upcoming needs, starting from the end of the 6th policy year, you can withdraw part or all of the latest cash value of any non-guaranteed Reversionary Bonus for transfer to the Value Safeguard Account without reducing the principal amount of your policy^*.

Bonus Lock-in Option

AIA FlexiAchiever Savings Plan enables you to realise potential returns by transferring the latest cash values of any Reversionary Bonus and Terminal Bonus into a Bonus Lock-in Account to earn interest at a non-guaranteed rate. This is available once per policy year, within 30 days after the end of each policy year starting from the end of the 15th policy year.

To provide flexibility for your financial needs throughout various life stages, you can withdraw cash from the Bonus Lock-in Account anytime without reducing the principal amount of your policy.

Bonus Unlock Option

By exercising the Bonus Unlock Option, you can even unlock and transfer a certain amount of the latest value of the Bonus Lock-in Account as non-guaranteed Reversionary Bonus (if any) and Terminal Bonus (if any) to suit your financial needs. This is available once per policy year, within 30 days after the end of each policy year starting from 1 year after bonus lock-in has been made.

With AIA FlexiAchiever Savings Plan, you can manage your cashflow easily. To meet your changing needs in the future, you can request to withdraw the non-guaranteed cash value of any Reversionary Bonus alone without reducing the principal amount of your policy*. You can also withdraw part of the guaranteed cash value and the corresponding non-guaranteed cash value of any Terminal Bonus, however this will reduce the principal amount of your policy^*.

AIA FlexiAchiever Savings Plan is a participating whole-life insurance plan with guaranteed and non-guaranteed returns. The plan offers guaranteed cash value and, starting from the end of the 3rd policy year, it may declare non-guaranteed Reversionary Bonus (if any) and non-guaranteed Terminal Bonus (if any) to your policy once per year. You can enjoy peace of mind knowing that your wealth is growing effortlessly alongside you.

Special Bonus (if applicable)

Starting from the end of the 11th policy year, if you have not exercised the Bonus Lock-in Option, Value Safeguard Option and Mental Incapacity Option^**, and if you have not withdrawn any policy values from your policy, the plan may declare Special Bonus (if applicable) to your policy, which is an additional non-guaranteed bonus.

If the insured passes away and no contingent insured becomes the new insured, AIA will pay the death benefit to the person(s) whom you select in your policy as the beneficiary(ies).

Furthermore, AIA FlexiAchiever Savings Plan offers an accidental death benefit to alleviate the financial burden on your loved ones in times of unforeseen challenges. This is paid in addition to the death benefit if the insured passes away due to a covered accident within the first year of the policy.

Apart from a lump sum payment, the Death Benefit Settlement Option (“DBSO”) offers you the option to allow the beneficiary(ies) to receive the death benefit and accidental death benefit (if any) in regular instalments. You can select different settlement option for each beneficiary by customising the amount of each instalment and specifying the date of the first instalment payment.

For added flexibility, AIA FlexiAchiever Savings Plan allows you to choose the timing of the last instalment payment based on the age of the beneficiary as designated by you, catering to the beneficiary’s needs at various stages of life.

Beneficiary Flexi Option

If you have chosen the Death Benefit Settlement Option, you may also choose the Beneficiary Flexi Option which will enable each beneficiary to choose the settlement option for his/her share of the unpaid balance of the death benefit and accidental death benefit (if any) according to his/her needs, upon the earlier of (i) when the beneficiary attains the designated age chosen by you ("Designated Age") and (ii) when the beneficiary is diagnosed with a specified illness including cancer, stroke, heart attack, terminal illness and kidney failure (“Specified Illness”).

AIA FlexiAchiever Savings Plan also helps alleviate the financial burden of medical expenses by providing the Terminal Illness Benefit. In the unfortunate event that the insured is diagnosed with a terminal illness and is expected to pass away within 12 months due to the terminal illness, AIA will pay you the Terminal Illness Benefit which is a one-off advance payment of the death benefit. If Terminal Illness Benefit is paid, no death benefit will be paid under your basic policy. Upon payment of the Terminal Illness Benefit, all benefits under the AIA FlexiAchiever Savings Plan policy will cease. The Terminal Illness Benefit will automatically end upon the policy anniversary on or immediately following the insured’s 85th birthday.

During the lifetime of the current insured and after the end of the 1st policy year, the Change of Insured Option allows you to change the insured to another loved one as many times as you wish, subject to AIA’s prevailing rules and conditions and AIA’s approval. That way, your policy values will not be affected and your policy will continue to be effective which can be inherited by future generations, helping you pass on your wealth with ease.

With the Contingent Insured Option, during the lifetime of the current insured, you can designate one of your loved ones as the contingent insured. There is no limit on the number of times you can designate, modify or remove a contingent insured during the lifetime of the current insured. Upon the passing of the current insured, subject to AIA’s approval, the contingent insured may become the new insured without affecting your policy values and your policy will continue to be effective, safeguarding your legacy for generations to come.

AIA FlexiAchiever Savings Plan provides Mental Incapacity Option in case you will be suffering from a mental issue and may require funds for expenses. You may designate in advance the designated percentage of policy value and an aged 18 or above family member as a designated recipient. In the event you are diagnosed as a permanent mentally incapacitated person, upon AIA’s approval of the designated recipient’s application and subject to applicable laws and AIA’s prevailing rules and conditions, he/she may receive payment equals to your designated percentage of policy value.

AIA will deduct all amount you owe AIA and all outstanding debt (if any) under your policy before AIA makes any payment under this option.