service approved by AIA whose profession it is to provide nursing services or provided by a registered medical practitioner . Any income that the life assured receives or is entitled to receive from his or her current or former employment or business/es. This includes: a) Life assured’s share of profits of the business (and/or any associated entities), after the deduction of business expenses, which are determined in line with the usual manner that profits and/or losses of the business (and/or associated entities) are divided between the life assured and any co-owners, partners, shareholders or beneficiaries of the business (and/or associated entities); and
complications of physical disorders, behavioural or any other mental or functional nervous disorder and/or the treatment or complications of that disorder.
income
partially disabled
See Section 5 of this appendix for the meaning of this key term.
permanently disabled
In the opinion of AIA , the life assured cannot and is unlikely to ever be able to perform again, at least two of the five Activities of Daily Living without assistance from another person because of the effects of an illness or injury which caused the life assured’s disability (if the life assured can perform the activity on his or her own by using special equipment, then AIA will treat the life assured as being able to perform that activity). Alternatively, the life assured is unlikely to ever be able to perform again, at least one of the Activities of Daily Living which, together with a reduction in the life assured’s intellectual capacity, means that the life assured will likely always require full-time care . An individual, employer, company, partnership, association, organisation or trust. The average monthly income during a continuous 12 month period chosen by the life assured from the 36 months immediately before the disablement date .
b) Any other remuneration,
whether in the form of salary or wages, superannuation, director’s fees, allowances or any other monetary or nonmonetary benefit, the life assured receives or is entitled to receive directly or indirectly from his or her employment or the business. The current year’s taxation liability excludes any tax losses which have been brought forward from previous years. For the purposes of this definition, the life assured is deemed to be in business rather than employment if he or she derives income (either realised or unrealised) from a company or other legal entity, and he or she has effective control, either directly or indirectly (e.g. through a trust, partnership or other legal structure) of more than 25% of the shares or ownership in that company or other legal entity. His or her income will be assessed in accordance with the amounts referred to in both (a) and (b) above. A mental health disorder including but not limited to anxiety disorders, chronic fatigue syndrome, depression, stress, fatigue, exhaustion, psychiatric
person
pre-disability income
However, if the life assured becomes totally disabled or
partially disabled when the life assured has been on parental leave for 12 months or less or on a work sabbatical , then the pre- disability income is the average monthly income during a continuous 12 month period chosen by the life assured from the 36 months immediately before the life assured went on leave.
mental health disorder
totally disabled
See Section 3 of this appendix for the meaning of this key term.
Total disablement has a corresponding meaning.
1109 AL-LOE version 5 Effective 12 May 2026
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