Insurance
AXA HappyMummy | NEW Pregnancy Insurance Plan 2021!
By The Astute Parent  •  January 22, 2021
The new AXA HappyMummy takes some of the best pregnancy coverage benefits in the market and adds on more for you! Introducing this for mummies of 2021!

In this article, I'd be sharing more on how you can use AXA HappyMummy plan for coverage that can be transferred to your baby.

How AXA HappyMummy works

AXA HappyMummy can be purchased from week 13. Product summary here.

It is a bundled plan which is AXA EmpoweredMum (for maternity) and either the AXA Life Treasure (whole life plan) or the AXA Flexi Protector (investment linked plan).

I'd be recommending to buy the AXA Life Treasure as a whole life plan has guaranteed surrender value and limited premium payment term.

As shown above, the KEY benefit is to transfer the life/TPD/CI/Early CI on the AXA Life Treasure from mummy to baby within 60days. This has similarities to the AIA Mum2Baby plan.

The maximum sum assured limit for transfer with no underwriting is $300,000.

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By The Astute Parent
We have been sharing in-depth insurance plan reviews to our community since 2016. TheAstuteParent is now the BIGGEST online resource of financial planning guides. We are committed to upholding it that way.
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