AIA will distribute the profit generated from this product group by declaring a non-guaranteed Reversionary Bonus and a non-guaranteed Terminal Bonus to you at least once per year starting from the end of the 3rd policy year.

The AIA Bonus Power Plan 2 (Enhanced Protection) also offers the opportunity for long term capital growth in the form of:

1. guaranteed cash value;
2. non-guaranteed cash value of the Reversionary Bonus (if any); plus
3. non-guaranteed cash value of the Terminal Bonus (if any).

To enhance your financial flexibility, the AIA Bonus Power Plan 2 (Enhanced Protection) offers you the option of cashing out all or part of the bonuses or withdrawing any cash value by reducing the sum assured of your policy. After withdrawal, the future value of the policy and death benefit will be reduced.

You can borrow up to 90% of the total guaranteed cash value of the policy plus the non-guaranteed cash value of Reversionary Bonus (if any). Interest on a policy loan will be charged at a rate solely determined by AIA.

If the insured, who is the person protected under the policy, passes away, AIA will pay the death benefit to the person whom you select in your policy as beneficiary. The death benefit will include:

1. the sum assured of your basic plan;
2. the face value of Reversionary Bonus (if any); plus
3. the face value of Terminal Bonus (if any).

AIA will deduct all outstanding debt and any benefits paid under this policy before making the payment to the beneficiary.

Apart from a lump sum payment, if you wish your beneficiary to take the amount of death benefit in regular instalments, the plan provides a settlement option available to you.

You can select specific amounts of benefit to be paid to your beneficiary at regular intervals chosen by you, provided that the total annual payment is at least equal to 2% of the death benefit. Remaining amount of benefit will be left in AIA to accumulate at the 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.

To give you extra leverage should misfortune strike, the AIA Bonus Power Plan 2 (Enhanced Protection) will provide you with a series of advance payments, which will be advanced from the sum assured and the face values of Reversionary Bonus (if any) and Terminal Bonus (if any) in your policy. Two different benefits are payable under the following circumstances:

1. Total and Permanent Disability Benefit: If the insured is diagnosed with a total and permanent disability or suffer loss of limbs or irrecoverable loss of sight before the age of 65. The offer of the Total and Permanent Disability Benefit will be subject to AIA’s underwriting decision.
2. Caring Benefit: If the insured is diagnosed with Alzheimer’s disease, Parkinson’s disease or loss of independent existence, such as being permanently unable to perform daily activities, before the age of 85.

Payments for the Total and Permanent Disability Benefit and Caring Benefit

First 30 months following your diagnosis:

For as long as the diagnosed condition persists, AIA will make monthly advance payments equal to 1% of the sum of the sum assured and the face value of Reversionary Bonus (if any) in your policy as at the date of commencement of the disability or the date of diagnosis, plus the corresponding face value of Terminal Bonus (if any).

30 months after your diagnosis:

Provided that the diagnosed condition persists, AIA will pay you the remainder of the sum assured and the face values of Reversionary Bonus (if any) and Terminal Bonus (if any) in a lump sum. You will receive this at the end of the 30th month after the date of commencement of the disability or the date of diagnosis.

In addition, AIA will waive the future premiums for the basic plan if you are diagnosed with any of the above conditions, keeping the policy in force and setting your family at ease.

AIA will not pay the Total and Permanent Disability Benefit and Caring Benefit at the same time. The maximum aggregate amount of each benefit payable to the same insured under this policy and any other policies, and / or add-on plans is US$1.25 million. AIA will deduct all outstanding debt under your policy before making the advance payments

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 paid at regular intervals 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 for the additional life coverage amount desired for the insured in the future 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.