If the person protected under the policy passes away, the death benefit will be paid to the beneficiary. The death benefit will include:

1. the sum assured of the policy;
2. non-guaranteed Annual Dividends which have accumulated with interest under the policy; plus
3. a one-off non-guaranteed Terminal Dividend (if any), provided that the policy has been in force for 5 years (for a one-time premium payment policy) or 10 years (for a policy other than one-time premium payment)

All outstanding debt under the policy will be deducted before making the above payment to the policy beneficiary.

The plan will provide guaranteed cash value, non-guaranteed Annual Dividends (if any) and a one-off non-guaranteed Terminal Dividend (if any)

If the insured becomes totally and permanently disabled before the age of 60, future premium for Admire Life 2 will be waived. If the insured is from the People’s Republic of China or is a juvenile, the plan will waive the future premium in the event of presumptive disability.

Subject to underwriting decision.

5 choices of premium payment terms to suit your needs including one-time premium payment or regular premium payment of 5 / 10 / 18 / 25 years

AIA Wealth Elite 2 - Sapphire evolves with your changing needs from one life stage to the next.

When you are younger and your financial commitments are likely to be greater, the plan puts greater focus on life protection. The death benefit can become an immediate source of funds for your designated beneficiary so you can protect the financial security of your loved ones. As you grow older, your financial obligations along with the need for life protection will usually decrease. The focus of the plan will then shift from life protection to wealth accumulation, so you can plan for your legacy.

Death Benefit
If the insured passes away, AIA will pay the death benefit to the person whom you select in your policy as the beneficiary.

The death benefit will be payable as follows:

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 amounts 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.

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

The death benefit settlement option is not available if the 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 will be paid immediately after the claim is approved. The remaining payment of death benefit will be made a regular interval thereafter.

AIA Wealth Elite 2 - Sapphire is a participating whole-life insurance plan that covers the entire lifespan of the insured (who is being protected under the policy). AIA will distribute the profit generated from this product group by declaring a non-guaranteed Reversionary Bonus (if any) and a non-guaranteed Terminal Bonus (if any) to you at least once per year starting from the end of the 3rd policy year.

After the end of the 3rd policy year, if you are the insured, you may designate an aged 18 or above family member in advance. The designated family member can withdraw the policy value on your behalf, up to the designated percentage of total cash value on the date of withdrawal approval when you are diagnosed as a permanent mentally incapacitated person.

Subject to AIA’s prevailing rules and regulations, you can plan your future desired additional life coverage amount by applying for the Pre-underwriting Option during the policy application, provided that the insured is aged 60 or below.

To allow for greater control over your finances, AIA Wealth Elite 2 - Sapphire only requires one premium payment, so you won’t have to worry about any future premium payments.

When you are at your peak, it is important to secure avenues to grow and enrich your financial well-being. AIA Wealth Enrich is a participating whole life insurance plan that covers the entire lifespan of the insured, who is the person protected under the policy. The plan provides you with guaranteed cash value, non-guaranteed Annual Dividends (if any) and non-guaranteed Terminal Dividend (if any), all of which form your policy values to help you achieve guaranteed and potential gains for long-term wealth accumulation.

Annual Dividends

• Non-guaranteed Annual Dividends (if any) will be declared to your policy at least once per year, starting from the end of the 5th policy year.
• Choose to receive the Annual Dividends (if any) in cash or to accumulate in your policy with non-guaranteed interest.

Terminal Dividend

• One-off non-guaranteed Terminal Dividend (if any) will be provided upon policy surrender or death of the insured after the policy has been in force for 5 years.

To provide you with greater control over your finances, AIA Wealth Enrich only requires you to pay the premium once. You do not need to worry about any future premiums.

In the face of unpredictable market conditions, you need a smart and steady solution to capture the opportunities to gain desirable returns.

Through the Terminal Dividend Lock-in Option, AIA Wealth Enrich enables you to realise potential returns by transferring the latest value of the Terminal Dividend into a Terminal Dividend Lock-in Account to earn interest at a non-guaranteed rate.

What’s more, you can withdraw cash from the Terminal Dividend Lock-in Account anytime without reducing the principal amount of your policy for further financial flexibility. With this safety net in place, the plan allows you to focus on future capital accumulation, while giving you the added flexibility you need to meet financial obligations throughout different stages of your life.

Within 30 days after the end of each policy year, starting from the end of the 15th policy year, you may exercise the Terminal Dividend Lock-in Option once per policy year.

Transfer of Lock-in Amount
You can decide on what percentage of the non-guaranteed Terminal Dividend to transfer, with the condition that the percentages cannot be less than 10% or more than 70% (minimum and maximum percentages are subject to AIA’s prevailing rules and regulations) and the Lock-in Amount is subject to a minimum amount that is determined by AIA from time to time. The calculation of the Lock-in Amount is based on the latest value of the non-guaranteed Terminal Dividend. All outstanding debt under your policy will be deducted from the Lock-in Amount (up to a maximum deduction amount equal to the Lock-in Amount) before it is transferred into your Terminal Dividend Lock-in Account. Once the Lock-in Amount is transferred into the Terminal Dividend Lock-in Account, the non-guaranteed Terminal Dividend as at the relevant policy year and the non-guaranteed Terminal Dividend to be declared for all subsequent policy years will be reduced accordingly. The transfer of the Lock-in Amount cannot be reversed once the Terminal Dividend Lock-in Option is exercised.

Any balance in your Terminal Dividend Lock-in Account may accumulate interest at a non-guaranteed rate as determined by AIA. Subject to AIA’s rules and regulations prevailing at the time, you may withdraw cash from Terminal Dividend Lock-in Account anytime.

With AIA Wealth Enrich, you can withdraw your policy values in one go or make withdrawals flexibly according to your changing needs in the future. Come what may, you are provided with a reliable solution to protect the wealth and assets you endeavor to gain over the years, even amid challenging situations.

You may request to withdraw part of the guaranteed cash value, the non-guaranteed accumulated Annual Dividends with interest (if any) and the non-guaranteed Terminal Dividend (if any). However, this will reduce the future values of your policy. After withdrawal, the principal amount of the policy and the one-time premium paid for the basic plan under the death benefit may be reduced.

The surrender benefit will include:

• guaranteed cash value; plus
• non-guaranteed Annual Dividends (if any) that have accumulated with interest (if any) under the policy; plus
• non-guaranteed Terminal Dividend (if any); plus
• any remaining balance of the Terminal Dividend Lock-in Account (if applicable) followed by the termination of your policy

AIA will deduct all outstanding debt under the policy before it makes the payment for your withdrawal.

Life is full of twists and turns, which is why AIA Wealth Enrich has been designed to meet your changing needs while protecting your loved ones. Through the Death Benefit, Accidental Death Benefit, Death Benefit Settlement Option, Change of Insured Option, and Contingent Insured Option, you can rest assured whichever life stage you are in and focus on wealth accumulation to set the tone for the future. What’s more, should the unfortunate occur, your loved ones can gain access to a reliable source of funds for their financial security.

The death benefit will include the higher of:

1. guaranteed cash value; and
2. one-time premium paid for your basic plan;

plus

• non-guaranteed Annual Dividends (if any) that have accumulated with interest (if any) under the policy;
• non-guaranteed Terminal Dividend (if any); and
• any remaining balance of the Terminal Dividend Lock-in Account (if applicable)

AIA will deduct all outstanding debt (if any) under the policy before making the payment to the beneficiary.

In addition to the death benefit, if the insured passes away due to a covered accident within the first 12 months of the policy, AIA will pay US$250,000 as the accidental death benefit. The maximum aggregate amount of the accidental death benefit with respect to the same insured under all AIA Wealth Enrich polices is US$250,000 and the benefit payable under each policy will be prorated according to its one-time premium paid for the basic plan.

During the lifetime of the insured, you can select specific benefit amounts to be paid to your beneficiary at regular intervals chosen by you, 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 benefits will be left with AIA to accumulate interest at a non-guaranteed interest rate determined by AIA, until the full amount of the benefits 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.

Change of Insured Option and Contingent Insured Option
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, in whom you and the beneficiary have insurable interest. That way, the value of your policy can be inherited by later generations, helping you pass on your wealth with extra flexibility.

With the Contingent Insured Option, during the lifetime of the current insured, you can designate another loved one as a contingent insured, in whom you and the beneficiary have insurable interest. There is no limit on the number of times you can designate, modify or remove a contingent insured, as long as it is done during the lifetime of the current insured, but you may only have one contingent insured per policy at any time during the benefit term. Upon the passing of the current insured, the contingent insured may become the new insured without affecting your policy values so as to protect your legacy for the next generation.

You may change the insured under the Change of Insured Option and / or the Contingent Insured Option as many times as you wish, subject to AIA’s approval.

No medical examination is required for your application as long as the one-time premium payment does not exceed the aggregate limit set for each insured, subject to AIA’s prevailing rules and regulations.