Save on your insurance with Multi-Benefit Discount
Insurance is an important part of setting yourself up financially, protecting you and your family’s health, wealth, and wellbeing. We know you have everyday expenses to manage, so we’ll do what we can to help you out. How Multi-Benefit Discount works Start saving when you insure yourself with life cover and at least one other benefit from the optional categories below. At least one of your benefits must be from the AIA Living range and these will be the only benefits that receive the discount. Minimum cover amounts apply. Minimum cover amounts Benefits that count towards eligibility
Life Cover Family Protection* Accidental Death Critical Conditions Progressive Care
Life Insurance
$100,000
Compulsory category
Trauma Insurance
$75,000
Total Permanent Disablement Optional TPD Condition Start-Up Income Protection Income Protection Mortgage, Income or Rent Cover Business Continuity Rural Continuity Business Income Support
Total Permanent Disablement Insurance
$75,000
Optional categories (excludes Health Insurance)
Income Protection Insurance
$2,000 per month
* Converted to a lump sum amount taking into account the entire benefit term
Discount tiers
If you are eligible for Multi-Benefit Discount, the discount will be calculated based on the different optional categories you have benefits from, as follows:
Discount received
10%
One optional category
Life Insurance (compulsory category) Choose from Life Cover, family protection or accidental death cover.
12.5%
Two optional categories
Three optional categories or
15%
more
Already have existing policies with us?
When you take out new cover with AIA, we’ll take into consideration any existing cover you already have with us, to see if you qualify for Multi-Benefit Discount. If you’re eligible for a discount, this will only be applied to your benefits from the AIA Living range.
Trauma Insurance
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