AXA Investment-Linked Policies

AXA offers a range of 4 different investment-linked policies. In this article, we collate and summarise each product from each category.

 

AXA Wealth Accelerate

 

AXA Wealth Accelerate

The AXA Wealth Accelerate is an investment-linked policy offering up to 200% Startup Bonus, depending on the premium payment term you choose.

There are 5 premium payment term options for you to choose from – 10, 15, 20, 25, or 30 years.

There are also Power-Up and Loyalty bonuses given to you if you were to invest through this policy.

With access to at least 90 sub-funds, you can choose them per your risk profile and make investments in either SGD or USD.

It also offers up to 60 months of premium holiday allowed (meaning you can choose to stop investing for up to 5 years).

The AXA Wealth Accelerate gives you the option to add a recurring single premium and/or lump sum top-ups to your investment at any time with free partial withdrawals of up to 5 times after 5 years of premium payments.

There is a life replacement option available to allow you to replace the life assured with your spouse or child.

The AXA Wealth Accelerate provides death and terminal illness coverage of up to 101% of the total investment/account value.

There is no medical underwriting needed when you sign up for this policy.

Features:

  • Choose from 5 premium payment terms – 10, 15, 20, 25, or 30 years
  • Receive Startup, Power-Up, and Loyalty bonuses
  • Access to 90 sub-funds
  • Invest in SGD or USD
  • Up to 60 months of premium holiday
  • Top-ups available
  • Withdrawals available
  • Option to replace the life assured
  • Coverage against death and terminal illness
  • No medical underwriting needed

 

Source: https://www.axa.com.sg/savings-investments/axa-wealth-accelerate

 

AXA Pulsar

 

AXA Pulsar

AXA Pulsar is one of the most popular investment-linked policies available in Singapore, with access to at least 90 sub-funds you can choose based on your risk profile.

There is a premium payment term from 5 to 30 years where you can choose to invest in SGD or USD.

Lump sum top-ups of a minimum of S$5,000 is available with free partial withdrawal of at least S$1,000 can be done from the 19th month onwards.

You can opt to reduce your premiums by up to 25% as long as you don’t exceed the minimum premium of S$300 monthly. If you’re ever struggling to make premium payments, AXA Pulsar offers up to 60 months of premium holiday.

There are Startup bonuses of up to 168% depending on the premium payment term, and Loyalty bonuses will be given at the 10th policy year.

If you’re looking to switch funds, you can do it free-of-charge with the AXA Pulsar.

There is a life replacement option available to allow you to replace the life assured so that you may transfer your wealth to a loved one.

It provides death coverage of up to 101% of the total investment/account value with no medical underwriting needed.

Features:

  • Minimum investment of S$300 monthly
  • Premium payment term from 5 to 30 years
  • Invest in SGD or USD
  • Receive Startup and Loyalty bonuses
  • Access to at least 90 sub-funds
  • Top-ups available
  • Withdrawals available
  • Premium reduction of up to 25%
  • Up to 60 months of premium holiday
  • Option to replace life assured
  • Coverage against death
  • No medical underwriting needed

 

Read our full comprehensive review on the AXA Pulsar here.

 

AXA Wealth Invest

 

AXA Wealth Invest

The AXA Wealth Invest is a single-premium investment plan that’ll make your investment decisions a whole lot easier and profitable.

With a minimum investment of S$10,000, you can choose to invest using either your cash or Supplementary Retirement Scheme (SRS) money.

Through the plan, you get to choose amongst a wide variety of potential funds (at least 90) to invest in. And if you don’t like the fund that you’re investing in, no problem. You can switch to more suitable funds with free unlimited switches.

You can make lump sum and recurring top-ups into your policy with withdrawals available as well. The AXA Wealth Invest also gives you the option to receive dividend payouts if you invested in cash.

Other features include lifetime coverage against death and terminal illness at a minimum of 101% of premiums invested, with no medical proof required.

Features:

  • Single-premium investment plan
  • Minimum investment of S$10,000
  • Invest with cash or SRS
  • Free fund switching
  • Top-ups available
  • Withdrawals available
  • Option to receive cash dividend payouts
  • Coverage against death and terminal illness
  • No medical underwriting needed

 

Source: https://www.axa.com.sg/savings-investments/axa-wealth-invest

 

AXA Flexi Protector

 

AXA Flexi Protector

Protecting your money is a priority. AXA Flexi Protector helps you protect your savings and investments and make sure your plans go smooth and secure.

This plan is especially significant because it doesn’t require a substantial amount for you to start investing. You can have coverage and invest in at least 90 sub-funds benefits for as low as S$100 a month.

This plan provides coverage against death, terminal illness, and total permanent disability with a wide range of riders to choose from.

You can add critical illness coverage, waive off premiums in the event of critical illness, and even allow for multiple claims of up to 600% of the base coverage with these riders.

Features:

  • Invest from as low as S$100 monthly
  • Access to at least 90 sub-funds
  • Coverage against death, terminal illness, and total permanent disability
  • Wide range of riders to choose from

 

Source: https://www.axa.com.sg/savings-investments/axaflexiprotector

 

Conclusion

The mentioned products are summaries of each plan, and there are terms and conditions applied for each of their features.

Although some of the plans look highly attractive, not every plan is suited for you, and not every plan is as attractive as it seems. Thus, it is always advisable for you to conduct your thorough research before deciding to purchase any financial plans for yourself.

If you’re still unsure of what you should be getting for yourself, always engage a trusted financial advisor. This makes sure that your different needs and wants are taken into consideration and plans are recommended based on your unique scenario.



source https://singaporefinancialplanners.com/blog/axa-investment-linked-policies/

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