About the Product

AIA Asset Evolution is an Investment-Linked Policy (ILP) offered by AIA.  Investments in this plan are subject to investment risks.  As such, neither principal, nor performance is guaranteed.  The death benefit is equal to 100% of the policy value.  There is no coverage for injury or illness.

All of the premium paid, minus the premium charge, will be invested in AIA Asset Evolution funds.  The premium amount, net of the premium charge, will be used to buy units of the funds you have selected according to your designated fund allocation.  You can choose to switch all or part of your existing units to different funds at any time. There is no limit on the number of switches you can make¹.   You can make a full or partial withdrawal from your policy².  The amount payable to you for full or partial withdrawal will be based on the number of units redeemed and the redemption price of the units.  Should you make a full withdrawal, your policy will terminate³.

¹AIA reserves the right to revise any minimum fund switch amount imposed and to terminate or suspend this fund switch facility. AIA reserves the right to place limits on the number of fund switches carried out under the policy or impose any other terms and conditions relating to this facility. AIA shall not be responsible for any loss or damages arising from or attributable to the exercise of its rights reserved above.  All subscriptions for units in a fund, including switches, are subject to the approval of the fund or its manager.
²Withdrawals can be made any time after the policy’s free look period.  Cash proceeds from each withdrawal shall not be less than S$1,000 and the policy value after the withdrawal shall not be less than S$1,000.
³The amount payable upon withdrawal will be computed upon final redemption of the withdrawn units.

AIA Asset Evolution is suitable for investors seeking quality wealth services and wider fund choices.  AIA Asset Evolution offers a variety of money market, bond and equity funds from around the world.  As such, it is suitable for investors with risk profiles ranging from cautious to adventurous.

AIA Asset Evolution is an Investment-Linked Policy (ILP) offered by AIA, which invests in fund(s).  Investments in this plan are subject to investment risks including the possible loss of the principal invested. As such, neither principal, nor performance is guaranteed.

There is an upfront premium charge of 4%.  The premium charge is applied as a percentage of the total premium payment.  It is applied to the initial premium payment, as well as any subsequent top-ups, whether ad hoc or regular.  The fee is deducted before your premium is invested.  There are no exit or administration fees and no charges for switches or withdrawals¹.

¹AIA reserves the right upon prior notification of not less than 1 month to you to vary the fees and charges, or to introduce new fees or charges.  Please note that the fees and charges in this website refer to those associated with your AIA Asset Evolution policy, and do not include other charges such as those imposed by the fund houses.  Please refer to the fund’s prospectus for information on possible fees or charges imposed by the fund house.

In the event of your death, your designated beneficiary will receive 100% of the policy value.  The amount of the death benefit will rise and fall with the value of your investment.  There is no coverage for injury or illness. If your current priority is life, health, or accident insurance protection, consult your AIA Financial Services Consultant regarding AIA’s comprehensive range of protection plans.