AIA Savings Protector 3 has been officially upgraded
Today (15 December), AIA launched its flagship savings product, Global Power Multi-Currency Plan3, which was officially launched on 2 January. Win Power 3 is a comprehensive upgrade of the original Win 2: the expected income is fully improved, and the withdrawal and currency conversion functions can be advanced to the second year ...... after the payment is completed at the earliest
Product Highlights:
The expected revenue has been improved across the board (compared to the Imperial 2).
Extracted earlier
The currency conversion feature has been advanced to the 2nd year(Market Leading).
Examples:
Mentally incapacitated option has been added
Bonus lock-in and unlocking feature (market first).
Policy splitting
Deferred payment
On the whole, it is a sincere upgrade, and then it depends on how other insurance companies respond!In the insurance industry, when one insurer rolls out a bona fide upgrade, other insurers respond accordingly.
Other insurers will consider how to respond to this escalation. They may roll out similar upgrade strategies to stay competitive with their competitors.
Competition will drive insurers to innovate and improve to meet customer needs and improve their market competitiveness. Consumers will be able to access better insurance products and services.