AIA Retirement Saver (IV)

If the Insured commits suicide within 1 year from the policy issue date or date of reinstatement (where applicable), whichever is later, our liability will be limited to a return of premiums paid without interest.

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You will not be able to exercise Premium Pass Option under this policy if: (a) you were not a Full-Time Employee immediately before your Involuntary Retrenchment; (b) you were self-employed or employed by your Immediate Family Member or a business owned by your immediate family member; (c) you and/or your Immediate Family Member (whether singly, jointly or in the aggregate) were in a position to exercise control or influence over the appointment and/or termination of employees by your employer; (d) the termination of your Full-Time Employment arose out of: i. retirement; ii. resignation; iii. termination or suspension due to your breach of the terms of employment, or your own misconduct or negligence; iv. your own wilful or deliberate misconduct or unlawful behaviour; v. severance or natural termination of any fixed term contract of employment or of an interim contract; vi. leave of absence whether paid or unpaid; vii. military discharge; viii. any voluntary forfeiture of income by you; ix. failure to continue employment upon completion of probation period; x. disability or injury due to any accident, sickness, pregnancy, childbirth or self destruction or any attempt threat, while sane or insane; xi. your inability to continue the employment due to the need to service in armed forces in the time of war, declared or undeclared, or while under orders for warlike operations or restoration of public order; xii. riot and civil commotion; xiii. strike or labour disputes; or xiv. any partial, seasonal or casual employment; (e) you had not worked for at least 6 consecutive months immediately prior to the Involuntary Retrenchment from Full-Time Employment; or (f) your loss of work relates to work as a self-employed person or independent contractor, and not termination from Full-Time Employment.

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