Accident & Health Department

Withdrawal Limits for Medisave


Source:www.moh.gov.sg

Remarks:

1. The limits are generally adequate to cover most of the charges incurred int he Class B2+, B2 and C wards.
2. For expenses incurred in the private hospitals and Class A and B1 wards of the government and restructured hospitals, the patient usually has to pay cash out-pocket for part of the bill which exceeds the withdrawal possible from Medisave.

All information are accurate as at 21st march 2005.

News Blitz From ILB

3 new pre-packaged fund combination for Balanced Risk Prefernnce offering optimal potential returns at managed risk levels:

• 70% AIA Acorns of Asia Fund and 30% AIA Regional Fixed Income
• 45% AIA Regional Equity FUnd and 55% AIA Regional Fixed Income Fund.
• 40% AIA greater China Equity Fund and 60% AIA Regional Fixed Income Fund.

Funds Highlights

GOOD NEWS!

From now till 30 April 2005,Hassle Free application for AIA Wealth Builder , AIA IGP Plus , AIA Flexi-Retirement Plan. "It's GURANTEED ISSUANCE OFFER"
No Underwriting required!

Campaign Period
- 17th March 2005 to 30th April 2005

Who will benefit from this campaign
- A simple approach to maximize your sales opportunity.
- A rare GIO offer extended to selected special clients without any underwriting required.

Who will be offered?
- Only Selected AIA clients whose aged is from 18 to 50 years old are offered this Guaranteed Issurance Offer for AIA Wealth Builder, AIA IGP Plus and AIA Flexi-Retirement Plan.
- For CPFIS-OA or CPFIS-SA cases , please take note that your clients must be above 21 years old before they can buy these 3 plans on GIO provided they satisfy all the CPFIS criteria.
- For cash cases, your clients can buy from age 18 to 50 years old.
- The total number of customers selected is approximately 50,000.

Product Coverage:
Guranteed Issurance Offer(GIO) for single premium investment-linked policies on the following products:
- AIA Wealth Builder
- AIA Investment Growth Plan Plus
- AIA Flexi-Retirement Plan

Submission Procedures

1. GIO application forms plus control listing will be available at Site Directors' office from Monday 21st March 2005.
2. NBDES will be avaliable on Thursday, 24 March. Version number 6.60. Please select campign code GIO-05-U02
3. All GIO applications must be submitted using the original GIO application forms. FScs should enclose with the application folder, a copy of the control listing showing the client's eligibility and existing in-force sum assured with AIA.
4. If there are concurrent applications, maximum total single premium accpetable under GIO is S$20,000.
5. Single premium excedding S$20,000 will be subject to normal underwriting..

AIA continues to serve our customers... and agents

The continuity of this campaign from the prior year is to align with AIA's vision of "Protecting Youe Future" for our policyholders and agents.

1. Objective

• To assist agents in maintaining persistency by reducing lapse rate.
• To retain the Life business for the company
• To enhance the retention efforts with option for low cost PA protection when customer declines reinstatement

2. Target Base

• Pre-lapse customers : selected existing noon-autopay policyholders who are 35 days past the premium due date.
• Lapse customers : Selected existing policyholders whose policy has lapsed and are 65 days past the premium due date.
• Selection criteria are applied to determine select customers

3. Approach

• Telemarketing will be the distribution channel for this campign and call duration is from Monday to Friday.(9am to 9pm)

4. Mechanics

• Reinstatement
  - pre-lapse cutomers
  * Calls will be conducted between 36th day to 45th day from premium due date.
  * Outstanding premium payment to be made by 50th day from premium due date.
  * Customer will be offered option to convert to GIRO payment mode. * Customer may pay their outstanding premium via cash, cheque or credit card.
  + Customer paying outstanding premium by cash will be advised to do so at AIA Tower Cashier or SAM.
  + Customer paying outstanding premium by cheque may have courier pick-up service arrangement or submission through servicing agent
  + Customer paying outstanding payment premium by Credit Card will furnish card details over the telephone for precessing.
  
  - Lapse Customers
  * Calls will be conducted between 65th to 78th day from premium due date.
  * Outstanding premium payment to be made by 83th day from premium due date.
  * For non-autopay customers, they will be offered option to convert to GIRO Payment mode
  * Customer may pay their outstanding premium via Cash, Cheque or Credit Card.
  + Customer paying outstanding premium by cash will be advised to do so at AIA Tower Cashier or SAM.
  + Customer paying outstanding premium by cheque may have courier pick-up service arrangement or submission through servicing agent
  + Customer paying outstanding payment premium by Credit Card will furnish card details over the telephone for precessing.
  
  - Cross Sell of Accident Cashback Plan
  * Payment option: Cheque, GIRO and Credit Card.
  * A courier service will be engaged to collect payment if it is cheque and to also obtain policyholder's endorsement on the GIRO form.
  * Policy contract will be mailed to the policy holders 2 to 3 weeks from the date of enrolment or date of counter offer sign-off, whichever is later
  *The policy documents consist of the following:
  + policy contract
  + Product summary
  + Acknowledgement letter
  + Business Reply Envelop
  (Policyholder is required to acknowledge recipent of the policy documents by sending the acknowledgement letter back to AIA using the BRE.
  

5. Benefits and Incentives

• Policyholders
  - Continuity with protection and the convenience of reinstatement over the telephone
  - Waiver of Health Certificate with just Simplified Health Declaration during the telemarketing call.
  

sp.Ace's Charitable Cause

Today, I sensed that we will have a great party for the underpriviledge children of "The Haven- Salvation Army".

The aim of this party, organized by the Financial Services Consultants of sp.Ace, is to share the joy of Christmas with these kids.

Venue: Serangoon Country Club
Date: 1st December 2004
Time: 1:00pm to 3:00pm

It's our little way of sharing the fun we get from servicing our clients whom we had the priviledge to serve and this Christmas we like to be able to spread this joy.

The organising committee will have a great ball ensuring this cool cause becomes a reality.
Thanks to be given to Sunny, Kathreen, Chey Huang and DeBeers. All FSCs contributed stuffs and pooled money towards this cause because we too, like the Salvation Army, believe ... every child counts.

Merry Christmas.

sp.Ace - Our Cause " Being There"

Do You Know?

1) Heart Disease

- At a conservative estimate, one in four adults in Singapore is walking around with a ticking time bomb in his or her veins.Every year over the past few years, about 4,000 people here have died from cardiovascular problem.

( Source : The Straits Times 2 Aug 2004)

2)Ovarian Cancer

-OVARIAN cancer has overtaken cervical cancer as the most common gynecological cancer in singapore.

-One reason, for the rise in ovarian cancer - fewer women are having babies,says a cancer expert.

-Now,doctors are seeing 150 to 200 new cases of ovarian cancer a year,while cervical cancer has dropped to slightly more than 150 new cases a year.

-Women can help themselves by going for scheduled Pap smears and physical examinations.The five-year survival rates also show that the earlier the cancer is detected, the better the chances of survival

( Source : Today 6 Aug 2004 )

* WELL Rider in AIA provides Biennial Medical Check-ups that include Pap smear and Breast & pelvic examination etc...

For more information, please contact :

sp.Ace
Office: 63738797

All information are accurate as at 16 August 2004.

Join Us

What can you do?

Tell us. Show us a compelling vision of who you want to become.
All you need to have 4 O's, above age 21, PR or Singaporean...and of course your dream.

sp.Ace
Being There
rep AIA Co. Ltd

         Welcome To sp.Ace

               
ace 

Current market and industry enviroment has started to mould the way the insurance business should be run. To ensure continued growth three key issues have to be addressed:
1) Adopt Six Sigma principles in all our business proccesses- from prospecting to continuous and prompt client service
2) Hot products that wil meet every facet of clients needs and demands for financial security
3) Turn clients into evangelist and thunderlizards for our services and products
In October 2004, SP.ACE will begin to develop and implement initiatives that will launch the next platform in fueling the fire of customer love.
Spread the good news.