to the Life Cover for that Life Assured , without providing further medical evidence.
This Facility can be exercised in combination with the Special Events Increase for a given Special Event or this Facility can be exercised by itself. The increase in respect of each Special Event will be restricted to the lesser of: • 50% of the original Sum Assured for that Life Assured ; or • $100,000. The following maximum Sum Assured limits also apply across all AIA New Zealand policies for each Life Assured : • $2,000,000 for a Trauma Cover Benefit and similar Benefits (combined), including cover added under this Facility; • $5,000,000 for Total and Permanent Disability Cover Benefit and similar Benefits , including cover added under this Facility; and • $5,000,000 Trauma Cover Benefit , Total and Permanent Disability Cover Benefit and similar Benefits (combined), including cover added under this Facility. This Facility can only be exercised once per Life Assured in respect of all Life Cover and/or similar Benefits for that Life Assured across all AIA New Zealand policies. The Special Events TPD/Trauma Facility is not available in any of the following circumstances: • If the Special Events TPD/Trauma Facility has previously been exercised for the Life Assured ; • If the Life Assured is aged 50 or over; • If the Life Cover Benefit was issued at other than standard rates or with exclusions; • If Total and Permanent Disability Cover Benefit , Trauma Cover Benefit or similar Benefits have previously been applied for in respect of the Life Assured and AIA New Zealand’s underwriting decision was to decline cover or to offer cover at non-standard rates or with exclusions. If, at any time before You seek to exercise the Facility, a claim for the Life Assured had been accepted by Us or notified to Us , AIA New Zealand will have discretion in determining whether the Facility can be exercised. In exercising discretion, We will consider whether the Life Assured represents an increased risk of claim for the Benefit being added under this Facility. At the time of adding an accelerated Total and Permanent Disability Benefit under this Facility, the Life Assured must be employed in an occupation that is eligible for this Benefit under AIA New Zealand’s underwriting guidelines at that time. To use the Special Events TPD/Trauma Facility, you must provide a written request to AIA New Zealand within sixty (60) days either side of the Special Event and provide AIA New Zealand with suitable evidence of the occurrence of the Special Event .
PC-LC-05/2026
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