> The total of all Future Insurability Benefit increases for a life assured cannot exceed 100% of the original Income Protection Benefit sum assured for the life assured . > AIA will increase the Income Protection Benefit sum assured for the life assured from the date we accept your request. > AIA will not accept an application under this Future Insurability Benefit to increase cover for a life assured if you are entitled to or are receiving payment of a claim for a disability that the life assured suffered on or before the date of the application. > A life assured over the age of 55 is not eligible for Future Insurability Benefit increases. > Any exercise of the Future Insurability Benefit will require an increase in premium . The premium increase will be based on AIA’s premium rates applicable at the time the Future Insurability Benefit is exercised.
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the risk commencement date ; or
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the most recent reinstatement of this Income Protection Benefit; and
the life assured is on maternity leave .
You must notify AIA in writing when the premium is to be waived. This Pregnancy Premium Waiver will cease when six consecutive months premium have been waived.
20. What is the Return Home Benefit?
If the life assured is outside of New Zealand and suffers, for the first time a total disability , upon acceptance of the claim AIA will pay the lesser of:
three times the monthly benefit specified in the schedule ; or
a single standard economy flight back to New Zealand for the life assured and one support person. In total the maximum AIA will pay over the life of the Policy under the Return Home Benefit is $10,000. No payment will be made if the life assured is covered for the same event with a travel insurance provider.
18.
What is the Back to Work Payment and when will AIA pay it?
AIA will pay you a Back to Work Payment if:
> a Total or Partial Disability Income Benefit has been paid for a life assured for a continuous period of longer than 12 months but less than 24 months; and > the life assured engages in work or carries on business; and > the life assured is no longer totally disabled or partially disabled ; and
21. What is the Childcare Support Benefit?
AIA will pay a Childcare Support Benefit in the following circumstances: the life assured is totally disabled or partially disabled and is receiving a monthly benefit; and as a direct result of the life assured’s disability, additional childcare costs are incurred over and above any childcare arrangements which existed prior to the life assured becoming totally disabled or partially disabled , in respect of any dependent child who is under the age of 14 years old; and the additional childcare services are not being provided by you or an immediate family member, in AIA ‘s sole opinion. The amount AIA will reimburse under the Childcare Support Benefit is the lesser of:
> the life assured has ceased to be on claim with AIA .
The Back to Work Payment is a lump-sum payment equivalent to 3 times the life assured’s monthly disability benefit for the last full month immediately before the claim ceased, as calculated in accordance with Section 2 for a total disability and Section 6 and (if applicable) Section 7 for a partial disability . AIA will only pay the Back to Work Payment once per claim across all AIA policies, and will not be paid where the benefit payment period is one or two years. If the life assured suffers a recurrence of the same or a related illness or injury within 12 months of a Total or Partial Disability Income Benefit ceasing, then any Back to Work Payment made in respect of that claim will be deducted from the amount of the Total or Partial Disability Income Benefit payable.
the actual additional childcare costs; or
$800 per month per dependent child under the age of 14 years old.
This Childcare Support Benefit is payable until the earlier of:
19. What is the Pregnancy Premium Waiver?
the life assured no longer being totally disabled or partially disabled ; or six monthly Childcare Support Benefit payments have been made; or
AIA will waive the premium for this Income Protection Benefit for six consecutive months at any stage between the second trimester and six months after the life assured’s pregnancy finishes if the life assured becomes pregnant while this Income Protection Benefit is in force provided: the life assured provides AIA with a confirmation of pregnancy from an appropriate registered medical practitioner ; and
the end of the benefit payment period is reached; or
the end of the benefit term is reached.
You will need to provide evidence satisfactory to AIA each month of the additional childcare fees that have been paid
the birth of the child occurs at least 12 months after:
1115 AL-IND version 5 Effective 12 May 2026
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