syndrome, depression, stress, fatigue, exhaustion, psychiatric complications of physical disorders, behavioural or any other mental or functional nervous disorder and/or the treatment or complications of that disorder.
leave.
As a result of a change in legislation or New Zealand Inland
tax change
Revenue Department’s interpretation of existing legislation, AIA changes its understanding of the tax
treatment of claim payments under agreed value disability protection insurance, and notifies you accordingly.
partially disabled
See Section 5 of this appendix for the meanings 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 .
totally disabled/ total disablement
See Section 3 of this appendix for the meanings of these key terms.
unemployed
A person who is not engaged in remunerated work or business activities, for 10 hours or more a week. This definition does not include a person on leave without pay, parental, study, long service or sabbatical leave. The period stated as such in the schedule for which no Total or Partial Disability Income Benefit is payable. Voluntary leave without pay, approved by the employer, and where the life assured has the employer’s agreement to return to the same role within 12 months or less.
waiting period
work sabbatical
An individual, employer, company, partnership, association, organisation or trust.
person
post-disability income
The last month’s income .
pre-disability income
The average monthly income during a continuous 12 month period chosen by the life assured from the 36 months immediately before the disablement date .
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
1108 AL-IP version 5 Effective 12 May 2026
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