# AIA Platinum Wealth Elite 2.0 **Insurer:** AIA Singapore (AIA Singapore Private Limited) **MAS licence:** — **Insurer product page:** https://www.comparefirst.sg/wap/prodSummaryPdf/201106386R/WA_Sum_201106386R_PWE2.0_Jul2025.pdf ## Source wording - **Effective from:** 2025-07-01 - **Ingested:** 2026-06-05 - **PDF source:** https://www.comparefirst.sg/wap/prodSummaryPdf/201106386R/WA_Sum_201106386R_PWE2.0_Jul2025.pdf - **PDF sha256:** `85761c30ddc55fdf58de8ce78cc13e3d3980cd9067be5f0670a197a2fadb0011` - **Extraction confidence:** verified ## Extracted facts ### riders ```json [ { "name": "Total and Permanent Disability Rider", "rider_type": "tpd", "description": "Total and Permanent Disability Rider is a non-participating supplementary benefit which provides financial protection if the Insured becomes totally and permanently disabled before age 70. This benefit accelerates the payment of the Insured Amount of the Basic Policy.", "source_page": 17, "available_at_inception": true, "available_after_inception": true }, { "name": "AIA Vitality Benefit on AIA Platinum Wealth Elite 2.0", "rider_type": "other", "description": "When the Insured signs up as an AIA Vitality member, or is an existing AIA Vitality member at the point of purchase, your policy will provide additional bonus units, also known as Vitality Fund Boost. The Vitality Fund Boost will be payable up to the first 5 policy years upon meeting certain criteria.", "source_page": 15, "available_at_inception": true, "available_after_inception": false } ] ``` ### free look ```json { "period_days": 14, "source_page": 8, "refund_basis": "the insurer will refund you the premiums you have paid without interest, in accordance with the insurer's prevailing premium refund formula and after making the necessary adjustments on the following: (i) any change in the market value of the underlying assets of the fund chosen by you as at the valuation day immediately following the date of our receipt of your request; and (ii) less any medical fees and other expenses, such as payments for medical check-ups and medical reports incurred by the insurer, such refund being subject always to a maximum amount of the premiums that you have paid." } ``` ### exclusions ```json [ { "text": "any Terminal Illness the symptoms of which first occurred prior to the Issue Date or Reinstatement Date of your Policy, subject to paragraph (c) below, whichever is later, or for which the Diagnosis of Terminal Illness was made within 30 days following the Issue Date or Reinstatement Date of your Policy, whichever is later.", "source_page": 8 }, { "text": "where, in our opinion, the Terminal Illness was directly or indirectly due to Acquired Immunodeficiency Syndrome (AIDS) or infection by any Human Immunodeficiency Virus (HIV).", "source_page": 8 }, { "text": "any and all pre-existing illnesses, diseases, impairments or conditions from which the Insured is suffering prior to the Issue Date or Reinstatement Date of your Basic Policy, whichever is later, unless a declaration was made in the application for, or reinstatement of, your Basic Policy and such application is specifically accepted by us.", "source_page": 8 }, { "text": "Terminal illness in the presence of HIV infection is excluded.", "source_page": 3 }, { "text": "deliberate acts that endanger oneself, whether sane or insane, including any of the following: (i) violation or attempted violation of the law or resistance to arrest; or (ii) suicide or attempted suicide, intentional self injury or exposure to exceptional danger (except in an attempt to save human life) [TPD Rider exclusion]", "source_page": 18 }, { "text": "engaging in or taking part in air, military or naval service in time of declared or undeclared war or while under order for warlike operations or restoration of public order [TPD Rider exclusion]", "source_page": 18 }, { "text": "entering, operating, or servicing, riding in or on, ascending or descending from or with any aerial device or conveyance (except where the Insured is in an aircraft operated by a commercial passenger airline on a regular scheduled passenger trip over its established passenger route or by the Republic of Singapore Air Force) [TPD Rider exclusion]", "source_page": 18 } ] ``` ### cash values ```json { "has_cash_value": true, "non_guaranteed_bonus": { "available": false }, "guaranteed_surrender_value": { "basis": "Policy value less full surrender charge; policy value depends on ILP sub-fund performance and is not guaranteed.", "available": false, "source_page": 6 } } ``` ### product type ```json "investment-linked" ``` ### underwriting ```json { "source_page": 8, "smoker_loading": true, "occupational_rating": "A non-standard life will be subjected to higher IRC rates, which will be set out in a separate endorsement.", "pre_existing_treatment": "any and all pre-existing illnesses, diseases, impairments or conditions from which the Insured is suffering prior to the Issue Date or Reinstatement Date of your Basic Policy, whichever is later, unless a declaration was made in the application for, or reinstatement of, your Basic Policy and such application is specifically accepted by us." } ``` ### policy basics ```json { "maximum_entry_age": { "basis": "as-stated", "years": 70, "source_page": 5 }, "minimum_entry_age": { "basis": "as-stated", "years": 0, "source_page": 5 }, "minimum_sum_assured": { "amount": 500000, "currency": "SGD", "source_page": 6 }, "maximum_coverage_age": "whole-of-life", "minimum_policy_term_years": "whole-of-life" } ``` ### premium terms ```json { "cpf_eligible": { "srs": false, "notes": "This plan is available using cash only and available in both S$ and US$ currency.", "source_page": 1, "special_account": false, "ordinary_account": false }, "payment_modes": [ "single", "annual", "semi-annual", "quarterly", "monthly" ], "premium_term_options": [ { "label": "Single Pay", "description": "You may choose to pay your premium in single pay.", "source_page": 1 }, { "label": "Regular Pay – 5 years (extendable up to 10 years)", "description": "You may choose to pay your premium in single pay or regular pay for 5 years, with the flexibility at onset to extend the premium term for Regular Premiums to a maximum term not exceeding 10 years.", "source_page": 1 } ] } ``` ### reinstatement ```json { "conditions": "If the policy has lapsed due to unit depletion and has not been surrendered for its cash surrender value, the policy may be reinstated within 5 years from the date that the policy is lapsed, subject to satisfaction of our terms and conditions. For reinstatement, you are required to back-pay all outstanding past regular premiums and all fees and charges (where applicable) that were due.", "source_page": 8, "window_years": 5 } ``` ### non forfeiture ```json { "paid_up": { "text": "Not described in the policy wording.", "available": false }, "source_page": 7, "extended_term": { "text": "Not described in the policy wording.", "available": false }, "automatic_premium_loan": { "text": "Not described in the policy wording.", "available": false } } ``` ### suicide clause ```json { "source_page": 8, "payout_within_period": "Our liability under the policy shall be limited to 100% of the policy value in case of the following: (i) if the Insured, whether sane or insane, commits suicide within one year from the issue date or reinstatement date of the policy, whichever is later", "exclusion_period_months": 12 } ``` ### document metadata ```json { "wording_version": "Version 2.0", "product_full_name": "AIA Platinum Wealth Elite 2.0", "insurer_legal_entity": "AIA Singapore Private Limited (Reg. No. 201106386R)" } ``` ### terminal illness benefit ```json { "available": true, "source_page": 3, "acceleration_percent": 100, "qualifying_definition": "\"Terminal Illness\" means \"any condition caused by illness or injury, where at the time of claim, despite all reasonable medical treatment, the Insured is expected to live for no more than 12 months.\"" } ``` --- *This summary reflects the policy wording as ingested on 2026-06-05. For current terms, always verify against the source PDF or contact the insurer.*