16. Key terms
The total maximum Optional Life Future Insurability amount that can be added is the lower of twice the original Life Cover Benefit or $1,000,000. AIA will notify you of your entitlement to exercise the Optional Life Future Insurability Benefit before each third anniversary date . You can accept the offer by providing written notice to AIA any time before 60 days after the applicable anniversary date . The Optional Life Future Insurability Benefit expires on the 60th birthday of the applicable life assured . If a Special Events Increase has occurred in the last 12 months, no Optional Life Future Insurability increase can occur. Any Optional Life Future Insurability Benefit not exercised may not be carried forward to any future time. Any exercise of the Optional Life Future Insurability Benefit will require an increase in premium . This increase will be calculated on the rates applicable at the time the Optional Life Future Insurability Benefit is exercised.
accidental death
Death caused solely by violent, accidental, external and visible means.
home country
The country in which the life assured was born or, their country of permanent residence.
14. How to make a claim
To make a claim, you must follow the relevant procedures in the section of your AIA Living policy entitled ‘How to make a claim’.
In addition, for a Life Cover Benefit claim, AIA will require:
A full death certificate (in the event of the death of a life assured ), and a coroner’s report if applicable. A grant of administration – probate, or certificate of administration, or letters of administration if the deceased was the sole policy owner . For a Terminal Illness Benefit, evidence from a registered medical practitioner diagnosing an illness which will result in the death of the life assured within 12 months of the diagnosis and any other evidence we may reasonably require. For a Specified Terminal Conditions Benefit, evidence from a registered medical practitioner with an unequivocal diagnosis of a specified condition and any other evidence we may reasonably require. 15. Exclusions – when AIA won’t pay a benefit AIA will not pay any benefit under this appendix where the life assured dies or becomes terminally ill as a direct or indirect result of an intentional self-inflicted act (whether sane or insane) within 13 months of the risk commencement date or, if cover under this appendix has been reinstated, the date of reinstatement. This exclusion applies to any subsequent benefit increase you make. AIA will not pay a Parents Grieving Benefit if death directly or indirectly arises from an injury caused by you, or the child’s parents or guardian(s).
1101 AL-LIFE version 5 Effective 10 October 2023
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