AIA Living Umbrella Policy Wording

Contents

1

What are your policy benefits

3

2

Enhancement Pass Back Benefit

3

3

3

What are your cover options?

Benefit indexation type

Level cover

Inflation cover

Voluntary alterations to cover

Your premiums

3

4

Premium

Method of paying premiums

 What happens if you do not pay the premium on time?

When can the premium change?

Premium type

How will you know what to pay?

 Other circumstances that can change your premium

5

How to make a claim

5

When can your policy be cancelled?

5

6

When can you cancel your policy?

When can AIA cancel your policy?

Important Information

6

7

What forms part of this policy contract?

Law changes affecting AIA or the policy

Statutory Fund

Policy subject to laws of New Zealand

Notices

Transfer of ownership

Information about your policy

Worldwide cover

How do you make a complaint?

No surrender value

8

Key Terms

7

1100 AL-UMB version 5 Effective 4 August 2023

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