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AIA Signature - Protection for the priviliged few

I received a letter from AIA recently.

It reads:

In appreciation for your continued loyalty and support, we'd like to extend an exclusive invitation to you to apply for our first premier accident plan - AIA Signature. The AIA Signature plan offers you our highest level of accident protection, with coverage up to $500,000.

The invitation is for a select group of priority AIA policyholders, of which you are one. Available for a limited time, this exclusive offer is valid from 15 Oct 09 to 28 Nov 09 and is strictly by invitation only.

With AIA Signature, you can enjoy:
  • A high coverage amount of up to $500,000 for Accidental Death, Dismemberment and Permanent and Total Disability
  • Accidental Medical Reimbursement of up to $2000
  • Premiums do not increase with age

And the above coverage is yours at only $400 until age 75.

No health questions ask and no medical examination is required.

I am not too sure what is so special about this accident plan because accident plans normally do not require and health questions or medical examination. In addition, $400 might seem to be cheap but I do not see the need to be covered for such a high amount for accidental death.

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Comments

  1. shamJuly 2, 2010 at 11:36 PM

    it really depends how you view things. The chances of accidents are higher then you getting major illness or death. Furthermore i understand you can also claim through this policy if you have accidental injuries at home or at play (sprains etc etc). The way i see, $400 is the cost of my cigarattes per month, but its gives my family half a million coverage when i am no longer there...so its a wiser investment choice for me.In another words, i am insuring myself for $1 a day for half a million coverage. Sounds good to me.

    ReplyDelete
  2. Prithvi DoshiJuly 28, 2023 at 11:19 PM

    A personal accident insurance plan is an invaluable asset that everyone should consider as a crucial part of their financial protection. Accidents can happen unexpectedly, impacting our lives physically, emotionally, and financially. Having a comprehensive personal accident insurance plan can make all the difference during these challenging times.

    ReplyDelete

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