PayCheck Plus
Enjoy $100,000 protection from as little as $4† a day
PAYCHECK PLUS provides protection + 100% guaranteed cashback*.
From $4†a day, you get:
- $100,000 Sum Assured#
PAYCHECK PLUS pays $100,000 upfront to your family in the event of Death1 or Terminal Illness2.
- 15-year Cover
Pay premiums for a term of 10 years and enjoy 15 years of protection.
- 100% Guaranteed Cashback*
If no claim is made by the end of the 15 years, you will get back 100% of the premiums paid.
PLUS! Enjoy these additional benefits:
- Easy Application
Just answer some simple questions about your health. No medical examinations are required.
- Fuss-free Payment
Payment is convenient through monthly deduction from your DBS/POSB account.
- Surrender Value
60%of premiums paid to date will be returned to you if insurance cover is terminated anytime from third policy year onwards.
- Easy Eligibility
PAYCHECK PLUS is applicable only if you are between 18 to 60 on your next birthday, and a DBS/POSB account holder and a Singaporean, Permanent Resident or Employment Pass Holder.
* 100% guaranteed cashback only at the end of 15 years less any amounts owing to Aviva Ltd if no claim is made.
# PAYCHECK Plus is also available for sum assured of $50,000.
† Based on premiums for Life Assured aged 18-40 next birthday, sum assured of $100,000.
1 Death resulting from all causes (except suicide in the 1st year).
2 Terminal Illness means the conclusive diagnosis of an illness that is expected to result in the death of the Life Assured within twelve (12) months. The terminal Illness must be diagnosed by a Specialist and the diagnosis must be confirmed by Aviva’s appointed Registered Medical Practitioner. Terminal Illness in the presence of HIV infection is excluded.