Aviva MySavingsPlan Review

The complete Pros and Cons on Aviva MySavingsPlan

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

NOTE: Aviva MySavingsPlan has been phased out and is no longer available. The latest updated and upgraded version is Singlife Choice Saver.

Aviva MySavingsPlan product details

Aviva MySavingsPlan is featured for having the Highest guaranteed returns in our 3 Best Savings Plans and Endowment Policies in Singapore (2023 Edition)

Aviva MySavingsPlan is featured for Highest guaranteed returns in our 7 Best Regular Insurance Savings Plans in Singapore (2023 Edition)

Aviva MySavingsPlan Rating on InterestGuru.sg: 4 out of 5 stars (4 / 5)
Aviva MySavingsPlan Popularity on InterestGuru.sg: 3.8 out of 5 stars (3.8 / 5)

  • Life policy – Endowment and Saving policy
  • 100% Capital Guaranteed at the end of the policy term
  • Solid savings plan for an outlay of just S$1.56 per day
  • A wide range of choice of premium and policy term from 10 to 25 years to suit your savings goals
  • Guaranteed lump sum payout plus potential bonuses at the end of the policy term
  • Guaranteed issuance – no medical check-ups required
  • Protection Cover for Death, Terminal Illness and Accidental Death

Aviva My Savings Plan is a commonly search alternative for Aviva MySavingsPlan.

Read aboutEndowment and Saving policy: How does it work?

Read aboutEndowment and Saving policy: Is it the best option?

Features of Aviva MySavingsPlan at a glance

Cash and Cash Withdrawal Benefits

Cash value: Yes
Cash withdrawal benefits: No

Health and Insurance Coverage

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

EasyTerm
Cancer Premium Waiver
EasyPayer Premium Waiver

Additional Features and Benefits

Yes.

Read aboutEffects of compounding returns on your saving

Read aboutWhere do I start with financial planning

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Aviva MySavingsPlan may be suitable if you are looking for

Aviva MySavingsPlan may potentially be a good fit if the following matters to you:

  • A hassle-free application without medical underwriting
  • Short to medium term endowment and savings plan
  • To saving regularly over a period of time
  • To potentially generate higher financial returns compared to bank accounts

Aviva MySavingsPlan may not be suitable if you are looking for

Aviva MySavingsPlan may potentially be a bad fit if the following matters to you:

  • Liquidity or flexibility of withdrawal in your Insurance policy.
  • Health and Protection coverage
  • High insurance coverage for Death or Terminal Illness
  • Insurance coverage for Early Critical Illness, Critical Illness or Total Permanent Disability
  • Lifetime regular cash payout
  • A one-time premium commitment with no further cash commitment
  • Potentially higher financial returns compared to a pure investment product.
  • Insurance policy with a high surrender value in the early years of the policy.

Read AboutHow can I accumulate a million dollar (Realistically)

Further considerations on Aviva MySavingsPlan

  • How is Aviva or Aviva MySavingsPlan investment returns based on historical performance?
  • How does Aviva MySavingsPlan compare with Endowment policy from other insurance companies?
  • Can Aviva MySavingsPlan fulfil my financial, insurance, health and protection needs?

The above information may not fully highlight all the product details and features on Aviva MySavingsPlan. Talk to us or seek advice from a financial adviser before making any decision about Aviva MySavingsPlan.

Always ensure your long-term financial goals and objectives are aligned with the financial product you are considering to take up.

Read aboutHow can I accumulate a million dollar (Realistically)

Read About3 best Savings plans and endowment policies in Singapore (updated Jan 2023)

Where can I compare the payout and benefits of saving plans and endowment policies?

Before committing to an insurance policy, it certainly pays to make an effort to compare. Specific products features, benefits and payout will differ more than you think across insurance companies. Why regret only years later, when you find out that you are not getting the best insurance policy available for the premium paid?

Use our Compare NOW feature to receive the most competitive quotes on saving plans and endowment policies.

Alternatively, you just need to provide us with a couple of details below.

More on Endowment Savings Plans
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Is Aviva MySavingsPlan suitable for me?

Contact InterestGuru using the form below and a licensed financial adviser will advise you 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.

*For a limited time, get attractive incentives when you take up any products that is proposed by our team of financial planners.

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Personalised savings plans

Maximise your wealth with the best savings plans!

3 easy steps for your customised insurance savings plan
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Step 1: Getting to know you…

Let’s start with a brief introduction of your personal profile. This will allow us to adjust and provide the most relevant insurance savings plans for you.

Name:

Gender:

Birthdate:

66%

Step 2: Understanding your savings needs…

Please select your savings preferences to allow us to optimise the financial returns of your savings plans:

You have a yearly savings budget (annual premium) of:

You intend to have a saving commitment for a period (premium term) of:

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Step 3: Finding the best insurance savings plans for you!

Interestguru.sg team of financial planners will compare and provide you with the best insurance savings plans based on your inputs.

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Personalised savings plans

 

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Before you go...
Aviva MySavingsPlan 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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