Business
95 years of protecting Singapore: AIA launches AIA Protect 3 to empower the workforce and close critical illness gap
In conjunction with its 95th anniversary, AIA Singapore (AIA) today announced the launch of AIA Protect 3, a new critical illness (CI) plan designed around the three most prevalent health conditions in Singapore. As a tribute to the long-standing trust of its policyholders, this plan is launched as an exclusive offering for all AIA policyholders – whether insured through a personal or corporate insurance plan, as well as their spouses and children.
About this update from Aia Group Limited
[{"type":"text","content":"Exclusive to AIA individual and corporate customers and their families, AIA Protect 3 provides multi-stage coverage for cancer, heart attack and stroke — the three most common critical illnesses in Singapore — as a starter or practical critical illness plan","length":257,"tagName":"p","attribs":{}},{"type":"text","content":"SINGAPORE, May 19, 2026 /PRNewswire/ -- In conjunction with its 95th anniversary, AIA Singapore (AIA) today announced the launch of AIA Protect 3, a new critical illness (CI) plan designed around the three most prevalent health conditions in Singapore. As a tribute to the long-standing trust of its policyholders, this plan is launched as an exclusive offering for all AIA policyholders – whether insured through a personal or corporate insurance plan, as well as their spouses and children.","length":492,"tagName":"p"},{"type":"text","content":"AIA Protect 3 provides multi-stage coverage for cancer, heart attack, and stroke – from early to major stage – with protection up to age 85 and cashback of 25% if no claims are made at insured's 65th birthday or after 15 years, whichever is later.","length":251,"tagName":"p"},{"type":"text","content":"The introduction of AIA Protect 3 comes at a time when cancer, heart attack and stroke remain the leading causes of death in Singapore[1] and accounts for about 90% of CI claims[2]. Singapore has a significant 74% CI protection gap[3]. This also comes at a time where Singapore Residents aged 30 and above are increasingly prioritising critical illness protection in the face of rising healthcare costs and financial uncertainty[4].","length":432,"tagName":"p"},{"type":"text","content":"The plan aims to make critical illness protection more affordable with premiums starting from S$0.56[5] per day, and the option of switching to level premiums – where premium amounts remain fixed and constant – from age 70. It is an ideal starter personal CI plan, providing CI coverage for Singapore's workforce to complement their corporate insurance CI coverage especially as they may face major disruptions to their income, daily routines, and family responsibilities in the event of a critical illness.","length":511,"tagName":"p"},{"type":"text","content":"AIA Protect 3 is also a practical CI plan for individuals to strengthen protection for higher risk conditions, especially given the ge...