AIA launches endowment plan with 2.68% per annum returns

It requires no underwriting.

AIA Singapore launched AIA Smart G268, a three-year single premium endowment plan with returns of 2.68% per annum, according to a media release by the company. The plan is bundled for customers that purchase a new regular premium plan.

AIA Smart G268 requires no underwriting, and offers guaranteed returns of 2.68% per annum over three years with a single payment. It also includes first year accidental benefit, with an additional 10% payout on top of the death benefit if the insured’s death is due to an accident.

“The plan is being launched at a time when recent findings show that many Singaporeans worry about the cost of living and Singapore is, for the second year running, the world's most expensive city,” stated the media release.

The offer is valid from 14 December 2015 to 29 January 2016.