Aviva MyFamilyCover Review

The complete Pros and Cons on Aviva MyFamilyCover

Aviva MyFamilyCover has been discontinued. For further information and details about this plan, fill up the form below and let us advise you accordingly.

Aviva MyFamilyCover product details

  • Non-participating policy – Term policy
  • Option to choose your monthly income, cover term and insurance coverage to best suit your needs
    Insurance coverage options:
    Plan 1 – Covers Death, Terminal Illness (TI), Total and Permanent Disability (TPD) and Critical Illness (CI)
    Plan 2 – Covers Death, TI and TPD
    Plan 3 – Covers Death and TI
    Plan 4 – Covers TPD and CI
  • Enjoy a monthly income stream for the remaining cover term or for a guaranteed period of 10 years (whichever is longer), should the unfortunate happen
  • Option to apply for ElderShield Supplement(s) such as MyCare and/or MyCare Plus without underwriting to meet your long term care needs when you turn 40 years of age
  • Complements existing protection plans you may already have that provide a lump sum payout, strengthening the financial safety net for your family

Read AboutTerm Policy: How does it work?

Read About3 things to consider before taking up a new financial product

Features of Aviva MyFamilyCover at a glance

Cash and Cash Withdrawal Benefits

Cash value: No
Cash withdrawal benefits: No

Health and Insurance Coverage

Death: Yes
Total Permanent Disability: Yes
Terminal Illness: Yes
Critical Illness: Yes
Early Critical Illness: No

Health and Insurance Coverage Multiplier

Death: No
Total Permanent Disability: No
Terminal Illness: No
Critical Illness: No
Early Critical Illness: No

Optional Add-on Riders

Critical Illness Premium Waiver
Payer Critical Illness Premium Waiver
Payer Premium Waiver Benefit

Additional Features and Benefits

Yes.

Read Also: No budget for financial planning?

Is Aviva MyFamilyCover suitable for me?

Contact InterestGuru using the form below. Our panel of licensed financial advisers will advise accordingly, based on your financial profile and protection needs.

All financial reviews and proposals provided are 100% free of charge. There will be no obligation to take up any proposed financial products or services in any way.

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Before you go...
Aviva MyFamilyCover may be a good fit towards your current financial goals. However, there could be way more plans out there with features and/ or benefits that could be more relevant to you at a lower cost.
Drop us a message and find out about customised options across multiple insurance companies. You deserve to get the best out of your hard-earned savings!
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