More product features that make MyLifeChoice the better choice
Waiver of premium
and accident coverage benefits
Your future payments are waived in case of disablement and you will receive cash benefits for injuries due to accidents
Start-up bonus
Unique bonus from AXA - starting day 1 of your policy, you already enjoy a Start-up Bonus equivalent to 70% of the 1st year premium invested into your selected AXA fund, when you keep your long term investment. This is subject to policy guidelines.
MyLifeChoice has three (3) payment terms: 7 years, 10 years, and regular-pay or pay up to age 90.
The available payment terms depend on the MyLifeChoice variant you choose.
You can personalize your protection coverage for up to 30x your basic annual premium.
The minimum and maximum protection coverage will still depend on your payment period and age.
AXA invests an additional amount equivalent to 70% of your first year basic annual premium in an AXA fund of your choice on Day 1 of your policy. The start-up bonus will be credited to your account on Policy Years 10, 15, and 25.
The start-up bonus will be rewarded to you for maintaining good savings habits while keeping your long-term investments.