What’s included with AIA Living Total Permanent Disablement Insurance:
16 to 55 years of age (or up to age 60 if you work in a clerical, managerial or professional job)
Eligible age in years (inclusive)
Cover amount
Up to $5 million
Can be added for $11.50 per month (16+)
Eligibility
AIA Vitality Premium Discount Premium Flex rewards you with a discount on your insurance. The more engaged you are, the higher the discount. Conditions apply. Multi-Benefit Discount Start saving when you take out life insurance and at least one other eligible insurance product. T&Cs apply. Built-in Benefits Assistance benefit Financial support to help adjust to your new circumstances. This could be used to modify your home, vehicle or if you require specialist medical equipment for example. Partial permanent disablement Entitlement to receive financial support for partial disability. E.g. loss of sight in one eye. Financial and legal advice Support to access advice from an approved financial adviser or legal professional. Premium conversion Before reaching the age of 65, you have the option to convert all, or part of your sum assured to a different premium structure without further medical underwriting. Counselling Covers the cost of a Psychiatrist or Psychologist consultation for you and/or your family where the treatment relates directly to the claim. Waiver of waiting period Once assessment is completed, and it’s confirmed that you are expected to survive beyond three months after the disability and all the requirements have been met, then the normal three-month waiting period may be waived. Suspension of cover AIA provides the flexibility to suspend your cover for up to 12 months, for the events specified in the policy. No benefits will be payable for any claim event during the suspension period. Future insurability You can apply to increase your sum assured at every third policy anniversary without providing any further medical information. Worldwide cover Whether you’re at home, travelling or living overseas for any period, you remain insured. Enhancement pass back At claim time, we’ll compare your purchased product’s policy wording with the latest version of that product’s policy wording and apply the most favourable option for your claim. For more information visit aia.co.nz/passbacks Special events increase facility You can increase the sum assured without medical underwriting, following one of the significant events outlined in the policy. Optional add-ons Specialist and Testing Support Covers the cost of private specialist consultations and medical diagnostic tests and procedures (limits apply) so you can access these services when you need to without worrying about the bills. Waiver of premium We will waive your premium payments, while your insurance remains in place when you are unable to work due to total disability.
Receive a 10% discount in your first year, then you’re in control of the discount you receive.
Save up to 15% on your premiums when you buy multiple eligible insurance policies.
Up to $15,000
Lesser of 25% of the sum assured or $100,000
Up to $2,500
Up to $2,500
Up to $10,000 annually for specialist consultations Up to $100,000 annually for diagnostic tests and procedures
This is a summary only. For all terms, conditions, limits and exclusions, please refer to the relevant policy wordings which can be found on aia.co.nz or speak to your adviser.
Total Permanent Disablement Insurance
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