AXA Life Insurance Singapore has introduced a revamp to its term insurance plan, bringing with it a range of flexible payment terms to cater to different needs of Singaporeans.
AXA Term Protector provides the flexibility to pay for a term protection solution with Single Payment and Limited Payment Premium Terms, in addition to the Regular Pay options. Customers have a choice to pay their premiums in a lump sum or by fixed payments over 5, 10, 15, or 20 years.
“AXA Life Insurance Singapore has revamped our term insurance plan by providing flexible options. This allows our customers to adjust the plan according to their individual needs. Our customers can now enjoy a peace of mind with solutions that work for them as they can now plan their cash flow with confidence. ” said Mr Neil Frith, Managing Director, Life, AXA Life Insurance Singapore.
Other key benefits of AXA Term Protector include:
Choice of Term-to-Age and Renewable Term coverage
a. Customers can opt for the Term-to-Age option to ensure coverage of up to age 50, 55, 60, 65, 70, 75 or 99 years old or
b. Choose a Renewable Term, which provides a choice of coverage for a period of 5, 10, 15, 20, 25, or 30 years.
Protection from Inflation
To ensure protection is not affected by rising costs in the future, AXA Term Protector carries an Indexation Option for the Term-to-Age policies so the coverage will be in line with the Singapore Consumer Price Index year-on-year. Enjoy a peace of mind, knowing that your benefits are not at risk of inflation.
Opt to Pay with the Currency of your Choice
Be it in SGD, USD, EUR, GBP or AUD – the choice of currency payment lies with the customer.
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