AXA Wealth Accelerate Review

The complete Pros and Cons on AXA Wealth Accelerate

AXA Wealth Accelerate offers a few bonuses to kick start your investment and covers you against death and terminal illness. This ILP offers supreme flexibility to cater to your financial goals

  • Life Policy – Investment-linked policy
  • Age of entry
    • Life Assured: 1 month to 70 years old
    • Policyholder: 18 to 99 years old
  • Minimum Investment Period (MIP); select how long you want to invest
    • Choose from 10, 15, 20, 25, or 30 years
      • Choose to pay Monthly, Semi-Annually, Quarterly or Annually
      • Minimum $300 per month
  • Payout
    • After MIP,  withdraw funds at your own pace
  • Flexibility
    • Perform Top-ups to your investment at any time
    • Perform Partial Withdrawals at no costs up to the first 5 requests
    • Perform a Premium Holiday up to 60 months during MIP, and unlimited after
  • 3 Bonuses
    • 200% Start Bonus
      • Receive a start-up up to 2x your annual premium across 3 to 5 policy years
    • Power-up Bonus
      • Receive a power-up bonus up to 1.3% per annum of Account Value from policy year 15 until the end of the MIP
    • Loyalty Bonus
      • Receive a loyalty bonus of up to 1.1% per annum of Account Value throughout the policy term starting after the end of MIP
  • Coverage
    • AXA Wealth Accelerate protects you against Terminal Illness and 101% of account value against Death
  • Life Replacement Option
    • You can choose to replace the life assured with your spouse or child
  • Hassle-free Application
    • No medical checks required

Read about: 3 Best Investment Linked Policies in Singapore for Insurance Coverages (2020 Edition)

Read about: An introduction to Investment Linked Policy

Features of AXA Wealth Accelerate at a glance

Cash and Cash Withdrawal Benefits

  • Cash value: Yes
  • Cash withdrawal benefits: Yes

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

N.A.

Additional Features and Benefits

Yes.

For further information and details, refer to AXA website. Alternatively, fill-up the form below and let us advise accordingly.

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AXA Wealth Accelerate may be suitable if you are looking for

AXA Wealth Accelerate may potentially be a good fit if the following matters to you:

  • To participate in the long-term financial returns of investing.
  • Liquidity or flexibility of withdrawal in your Insurance policy.
  • Able to take investment risks and comfortable with financial market volatility.
  • Potentially higher financial returns compared to traditional Endowment and Whole Life Policy.
  • Insurance options without medical underwriting

Read aboutHow does Investment-Linked Policy work?

NEW Feature: Compare investment-linked policies across insurance companies using the CompareNOW feature on InterestGuru.sg.

AXA Wealth Accelerate may not suitable if you are looking for

AXA Wealth Accelerate may potentially be a bad fit if the following matters to you:

  • Health and Protection coverage
  • High insurance coverage for Death or Terminal Illness
  • Insurance coverage for Early Critical Illness, Critical Illness or Total Permanent Disability
  • Guaranteed financial returns in the long-run.
  • Insurance policy with a high surrender value in the early years of the policy.
  • Expecting an urgent need for withdrawal during a financial market downturn.

Further considerations on AXA Wealth Accelerate Plus

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

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

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

Read aboutInvstment-Linked Policy: Is it the best option?

Where can I compare the payout and benefits of Investment Linked Policies?

Before committing to an insurance policy, it certainly pays to make an effort to compare. Specific product features, benefits and payouts 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 Investment linked Policies.

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

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Is AXA Wealth Accelerate suitable for me?

Contact InterestGuru using the form below. Our panel of Independent financial planners 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.

*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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Before you go...
AXA Wealth Accelerate 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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