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.

AIA GlobalFlexi Savings Insurance Plan is a participating whole-life insurance plan with guaranteed and non-guaranteed returns. This plan helps you accumulate wealth by offering guaranteed cash value and, starting from the end of the 3rd policy year, AIA may at their sole discretion declare a non-guaranteed Reversionary Bonus and non-guaranteed Terminal Bonus once per policy year.

Starting from the end of the 2nd policy year and within 30 days after the end of a policy year, you can apply to switch your policy currency to one of the following 8 different currencies, including Renminbi (RMB), British pound sterling (GBP), US dollar (US$), Australian dollar (AUD), Canadian dollar (CAD), HK dollar (HK$), Euro (EUR) and Singapore dollar (SGD), by exchanging your AIA GlobalFlexi Savings Insurance Plan policy to the latest plan under the GlobalFlexi Series which we offer in the new policy currency at the time of currency exchange.

With AIA GlobalFlexi Savings Insurance Plan, you can manage your cashflow easily. To meet your changing needs in the future, you can request to withdraw part or all of the cash value of the Reversionary Bonus (if any) together with the corresponding cash value of Terminal Bonus (if any) and/or part of the guaranteed cash value together with the corresponding cash value of the Terminal Bonus (if any). However, after withdrawal of part of the guaranteed cash value, the principal amount of the policy and the total premiums paid or one-time premium paid (as applicable) for the basic plan as used in the calculation of the death benefit will be reduced^*.

Access your wealth at ease with Flexi Withdrawal Option
Starting from the later of (i) the end of the 5th policy year and (ii) the end of the premium payment term of your basic policy, you can apply to set up instruction to withdraw the policy values from your policy on a regular basis during a period specified by you and to designate a recipient, who can be yourself or a loved one, to receive such withdrawal payments. Making it easier to plan your wealth, you may change the recipient and / or the frequency of payments at any time and as many times as you wish, subject to AIA’s approval.

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 cash value of any Reversionary Bonus (if any) and the corresponding cash value of any Terminal Bonus for transfer to the Value Safeguard Account without reducing the principal amount of your policy**. You can also withdraw part of the guaranteed cash value and the corresponding cash value of any Terminal Bonus (if any) for transfer to the Value Safeguard Account, however this will reduce the principal amount of your policy^**.

By transferring an amount to the Value Safeguard Account, you can earn non-guaranteed interest in the account before making any withdrawals from the account, empowering you to plan for the future with financial assurance.

Bonus Lock-in Option
Through the Bonus Lock-in Option, AIA GlobalFlexi Savings Insurance Plan enables you to realise potential returns by transferring an identical percentage of the latest cash value of each of the Reversionary Bonus (if any) and the Terminal Bonus (if any) into a Bonus Lock-in Account ^◆ to earn non-guaranteed interest. This is available once per policy year starting from the end of the 15th policy year, and application for such transfer must be made within 30 days after the end of a policy year.

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

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

Secured ownership transition with contingent owner
To enjoy flexible legacy planning, during the lifetime of the insured, you can designate a loved one as the contingent owner. In the event of your passing, the ownership of your policy will be seamlessly transferred to the contingent owner upon our approval of the contingent owner’s application for change of ownership, ensuring your wealth is managed according to your wish.

Value-Added Services
Trustworthy policy oversight with Transitional Owner Arrangement
Under the Transitional Owner Arrangement^▲, you can designate a family member as the contingent owner of the policy and another aged 18 or above family member as the transitional owner of the policy. After your passing, the transitional owner will oversee your policy with limited administrative rights until your designated contingent owner takes over the ownership of your policy upon reaching the specified date or specified age as chosen by you.

With Future Guard Option^▲, the transitional owner may opt to split the policy into two policies and to designate a family member of the current contingent owner under the Transitional Owner Arrangement as the new contingent owner and the new insured of the Split Policy, who may take over the ownership of the Split Policy upon reaching the specified date or specified age as chosen by the transitional owner.

Seamless transfer with Change of Insured Option
During the lifetime of current insured and after the end of the 1st policy year, you may change the insured to another loved one as many times as you wish, subject to our approval. Immediately after exercising the Change of Insured Option, your policy values will remain unaffected, and your policy will continue to be effective which can be inherited by future generations, helping you pass on your wealth with ease.

Uninterrupted protection with Contingent Insured Option
During the lifetime of current insured, you can designate one of your loved ones as the contingent insured. Upon the passing of the current insured, the contingent insured may become the new insured without affecting your policy values, ensuring your legacy is safeguarded for the generations to come.

Starting from the later of (i) the end of the premium payment term of your basic policy and (ii) the end of the 1st policy year, the Policy Split Option allows you to manage your wealth with precision by seamlessly transferring certain policy values from your policy (“Principal Policy”) to a separate policy (“Split Policy”). Immediately after exercising the Policy Split Option, your policy will split into two policies each with a smaller principal amount, with no change to the effective date of the Principal Policy while the effective date of the Split Policy will be the same as the Principal Policy.

After the Policy Split Option is exercised, you can apply to change the policy currency of the Split Policy pursuant to the Currency Exchange Option and / or to change the insured of the Split Policy pursuant to the Change of Insured Option. This flexibility allows you to allocate your assets strategically through multi-currency policies and to create a legacy tailored to you and your family.

In the unfortunate event that the insured passes away and no contingent insured becomes the new insured, the death benefit will be paid to the beneficiary(ies) whom you have selected for your policy, ensuring your loved ones receive the protection you intend.

AIA GlobalFlexi Savings Insurance Plan provides additional protection through an accidental death benefit. This is paid in addition to the death benefit if the insured passes away due to a covered accident within the first policy year, provided no contingent insured becomes the new insured.

You can also customise the Death Benefit Settlement Option to address the unique needs of each beneficiary in receiving the death benefit and accidental death benefit (if any). You have the flexibility to decide the amount of each instalment and the payment interval – including monthly, quarterly, semi-annually, or annually – and you may also specify the date of the first or last instalment payment.

If you have chosen the Death Benefit Settlement Option, you may also choose the Beneficiary Flexi Option. Upon the beneficiary attaining the designated age chosen by you ("Designated Age") or being diagnosed with a specified illness, including cancer, stroke, heart attack, terminal illness and kidney failure (“Specified Illness under Beneficiary Flexi Option”), such beneficiary can receive his /her share of the unpaid death benefit and accidental death benefit (if any) according to his / her selected settlement option.

GlobalFlexi Savings Insurance Plan offers Health Impairment Option which is designed to help you secure your loved one’s financial wellbeing in case you suffer from a mental issue or become unconscious for a certain period due to a specified illness including Apallic Syndrome and Coma (“Specified Illness under Health Impairment Option”).

You may designate up to 2 family members aged 18 or above as designated recipients and the applicable designated percentage of policy value for benefit payment and / or ownership transfer. If you are diagnosed as a permanent mentally incapacitated person or become unconscious for a certain period due to a Specified Illness under Health Impairment Option, upon AIA’s approval of the application of a designated recipient, and subject to applicable laws and our prevailing rules and conditions, such designated recipient may in accordance with your instructions (i) receive a lump sum benefit payment; or (ii) become the policy owner of part or all of your policy; or (iii) receive a lump sum benefit payment and become the policy owner of part of your policy. The amount of such benefit payment and transfer of ownership will be based on the designated percentage of policy value selected by you.

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.

AIA GlobalFlexi Savings Insurance Plan also helps alleviate the financial burden through 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 as a result of the illness, AIA will pay you a Terminal Illness Benefit, which is a one-off advance payment of the death benefit. If the Terminal Illness Benefit is paid, no death benefit will be paid under your policy and all benefits under your basic policy will cease. The Terminal Illness Benefit will end on the policy anniversary which falls on or immediately following the insured’s 85th birthday.

To motivate the insured to strive for academic excellence, AIA will reward certain academic achievement by offering the Educational Merit Benefit. After the policy has been in force for at least 1 year, if the insured obtains any one of the following achievements before the age of 25, AIA GlobalFlexi Savings Insurance Plan will pay the corresponding award amount as long as the policy is still effective. The Educational Merit Benefit will only be payable once under all AIA GlobalFlexi Savings Insurance Plan policies covering the same insured.

If one of the specified events occurs during the premium payment term of your basic policy, you can claim the Extension of Grace Period Benefit (not applicable to one-time premium payment). These specified events also include hospitalisation in Hong Kong or Macau for at least 180 consecutive days as well as consultations with psychiatrist and / or clinical psychologist in Hong Kong or Macau for at least 6 visits within 180 days, offering even greater support when you need it most. If we approve your application for this benefit, we will extend the grace period for late premium payment from 31 days to up to 365 days, giving you greater financial flexibility while maintaining the policy and protection for the insured. The Extension of Grace Period Benefit can be claimed once only.