Life Protection
Protect your loved ones’ future from life’s uncertainties
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{{label}}Banks | SCB | Baiduri | |
Banks | Standing Instruction1 (SI) | √ | √ |
Bank Cashier Counter | √ | ||
Self Banking | Cash Deposit Machine | √ | |
Cheque Deposit Machine | |||
Automated Teller Machine | √ | ||
Drop In Box | √ | ||
Internet Banking | Standing Instruction1 (SI) | √ | |
Bill Payment | √ |
Banks | Banks | Self Banking | Internet Banking | |||||
---|---|---|---|---|---|---|---|---|
Standing Instruction1 (SI) | Bank Cashier Counter | Cash Deposit Machine | Cheque Deposit Machine | Automated Teller Machine | Drop In Box | Standing Instruction1 (SI) | Bill Payment | |
SCB | √ | √ | √ | √ | √ | √ | ||
Baiduri | √ | √ |
Account to Account Transfer Bank Details | |
Standard Chartered Bank | |
BND Account Number | 01-001-001512-00 |
USD Account Number | 87-001-030273-00 |
Baiduri Bank Berhad | |
BND Account Number Please indicate only policy number under the beneficiary description & payment description. |
0100130283700 |
Account to Account Transfer Bank Details | |
---|---|
Standard Chartered Bank | |
BND Account Number | 01-001-001512-00 |
USD Account Number | 87-001-030273-00 |
Baiduri Bank Berhad | |
BND Account Number Please indicate only policy number under the beneficiary description & payment description. |
0100130283700 |
For Brunei Dollars Policy | |
---|---|
Beneficiary bank name | Standard Chartered Bank |
Beneficiary bank address | 51-55 Jalan Sultan Bandar Seri Begawan BS8811 |
Beneficiary bank code (swift code) | SCBLBNBB |
Beneficiary's name | AIA Singapore Private Limited |
Beneficiary's account number' | 01-001-001512-00 |
Payment details | Policy No. ________________ |
For US Dollars Policy | |
---|---|
Beneficiary bank name | Standard Chartered Bank |
Beneficiary bank address | 51-55 Jalan Sultan Bandar Seri Begawan BS8811 |
Beneficiary bank code (swift code) | SCBLBNBB |
Beneficiary's name | AIA Singapore Private Limited |
Beneficiary's account number' | 87-001-030273-00 |
Intermediary bank name | Standard Chartered Bank, New York |
Intermediary bank code (swift code) | SCBLUS33XXX |
Payment details | Policy No. ________________ |
For Brunei Dollars Policy | |
---|---|
Beneficiary bank name | Standard Chartered Bank |
Beneficiary bank address | 51-55 Jalan Sultan Bandar Seri Begawan BS8811 |
Beneficiary bank code (swift code) | SCBLBNBB |
Beneficiary's name | AIA Singapore Private Limited |
Beneficiary's account number' | 01-001-001512-00 |
Payment details | Policy No. ________________ |
For US Dollars Policy | |
---|---|
Beneficiary bank name | Standard Chartered Bank |
Beneficiary bank address | 51-55 Jalan Sultan Bandar Seri Begawan BS8811 |
Beneficiary bank code (swift code) | SCBLBNBB |
Beneficiary's name | AIA Singapore Private Limited |
Beneficiary's account number' | 87-001-030273-00 |
Intermediary bank name | Standard Chartered Bank, New York |
Intermediary bank code (swift code) | SCBLUS33XXX |
Payment details | Policy No. ________________ |
Note:
1. How To Make A Claim
2. Important Notes
3. Submission Of Documents
Our Office Opening Hours:
Monday to Thursday, Between 8.15 am – 5.00 pm
Friday, Between 8.15 am – 12.00pm and 2.00pm -5.00pm
Term insurance provides temporary life insurance protection for a stipulated period of time. The sum assured of the policy is paid to the beneficiary when death occurs during the stipulated term. Nothing is paid upon the survival of the insured at the end of the stipulated term. Being the cheapest form of insurance, term policies are best suited for those who require insurance protection at the lowest cost, such as fresh graduates with relatively low disposable income. Term policies are not available to children below the age of 16.
Term insurance policies are usually packaged with renewable or conversion privileges.
Upon the maturity of a renewable term insurance policy, the insured has the right to renew the policy without having to prove insurability. This means that a new term policy will be issued by the insurance company regardless of the state of health of the insured then. The premiums of the new policy will be based on the then attained age of the insured.
Convertible term insurance gives the policyholder the right to convert a temporary insurance policy to a permanent insurance policy, i.e. a whole life or an endowment policy, without having to prove insurability. This option is particularly important because insurance needs change with time. The premiums of the new policy will be based on the then attained age of the insured.
It offers a lifetime insurance protection. You pay premiums throughout your life, but this can be changed to a limited period. It will pay out the insured amount and any bonuses you have built up when you make a claim.
It offers insurance protection and savings. It will pay out the insured amount and any bonuses you have built up when you make a claim, choose to stop the policy or at the end of the policy.
Your premium buys life insurance protection and investment units in a managed fund. Like a unit trust, your money is pooled with that of other investors and invested in short- and long-term investments. The price of your units depends on how the investments in the fund perform. The amount that the plan pays depends on the price of the units at the time you cash it or pass away. You will also get a death benefit.
Life insurance policies are broadly categorised as participating and non-participating policies.
Participating policies are policies that entitle the policyholders to share in the profits of the insurance company, in consideration of the additional premiums they contribute. The profits given are generally called bonuses. The benefits from participating policies include a non-guaranteed element (i.e. bonus), which is determined by the performance of the insurance company.
Non-participating policies do not share in the profits of the company. An example of a non-participating policy is a term insurance policy.
The following are a list of details that AIA requires to be kept updated:
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Customer will be required to complete the ‘Request for change of Insured/Payor Information’.
You will need to provide a copy of your current NRIC/Passport with your signature affixed to it.
In the unfortunate event that the existing payor has passed away, please provide a copy of the Death Certificate*.
*Further requirement/documents may need to be provided to AIA upon request.
In the event there is an update/changes to your address or contact details, you are required to inform AIA accordingly.
Customer will be required to complete the ‘Update
of Address and Contact Details’ form.
You will need to provide a copy of your current NRIC/Passport with your signature affixed to it.
In the unfortunate event that the existing payor has passed away, please provide a copy of the Death Certificate*.
*Further requirement/documents may need to be provided to AIA upon request.
Should you have any further enquiries, please call our AIA Customer Service at (+673) 2239112/13/14, from Monday to Thursday between 8.15am – 5.00pm; and on Friday, between 8.15am – 12.00pm and 2.00pm – 5.00pm.