Upgrading from AIA Private Health Cover to AIA Private Health Plus .
Vary or withdraw the abovenamed premium discount based on business rules; or
>
You may apply at any time to AIA to upgrade from AIA Private Health Cover to AIA Private Health Plus . AIA is not obliged to agree to a change from AIA Private Health Cover to AIA Private Health Plus unless it is satisfied that each life assured is in good health. The assessment of a life assured ’ s good health is based on the health information provided about that life assured . If AIA deems it necessary to obtain further information beyond that provided in the application form, about a potential life assured’s good health, AIA may require a report from a registered medical practitioner to confirm or clarify the extent of any existing health conditions. Suspension of Cover You may request a suspension of cover for a life assured under this policy: > for up to 24 months if they travel overseas for a period of up to twenty-four months; or > for up to 12 months if the policy owner : - becomes unemployed or redundant; - goes on leave without pay for any reason; - experiences at least a 20% reduction in pay (comparing the most recent payslip against a previous payslip from the same year); or - if self-employed, experiences a 30% reduction in revenue (by comparing one month’s revenue against the same month for the previous year), provided that: > you notify AIA within three months of one of the above
> Cease offering the abovenamed premium discount by giving at least 90 days’ notice in writing to the policy owner(s) (in which case they will cease across all AIA Private Health policies). F. Changes to your policy Adding and removing family members You may apply at any time in writing to AIA to extend cover under this policy to: > The policy owner . > The spouse, civil or de facto partner of the policy owner. > A child under the age of 21. AIA is not obliged to agree to cover any additional life assured unless it is satisfied that the life assured is in good health. The assessment of a life assured ’ s good health is based on the health information provided about that life assured in the application for cover under this policy. If AIA deems it necessary to obtain further information beyond that provided in the application form about a potential life assured ’ s good health, AIA may require a report from a registered medical practitioner to confirm or clarify the extent of any existing health conditions. If you add your child to this policy within the first three months after he or she is born, the child will be automatically accepted for cover under this policy without the need to satisfy AIA of the child’s good health. If a child is added to the policy after the first three months after he or she is born, AIA will require health information about that child . Your premium will increase for each life assured added to this policy. You can remove a life assured from your policy at any time by giving AIA notice in writing. Adjusting your excess You may request AIA to change the excess applicable to your policy. AIA is under no obligation to agree to reduce the excess unless we are satisfied that the lives assured are in good health. The lives assured may be required to provide further health information before we agree to reduce the excess . A change in the excess will result in a change to your premium . Any change in your excess and your premium will start from the date notified to you in writing by AIA .
listed suspension events occurring and provide evidence to AIA of the suspension event; and
> AIA acknowledges in writing receipt of that notification.
Where cover is suspended in one of the circumstances described above, no premium for the particular life assured , or for all lives assured , is payable during the period of suspension and no cover will be provided for any claim event for that life assured or lives assured during the period of suspension. Cover for that life assured or the lives assured under this policy will be reinstated provided the premium is paid when the nominated period of suspension ends or within the maximum time periods described, whichever comes first. Transfer of ownership You may transfer the ownership of your policy at any time. To be valid the transfer must be on a transfer of ownership form and registered with us. If ownership of your policy has been transferred, references in this policy document to you, your and the policy owner(s) are references to the most recent transferee(s). A trust cannot be the policy owner of this policy. No charge is
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1300 APH-UMB version 6 Effective 17 April 2025
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