SECTION B - LIFE COVER BENEFIT FEATURES
JURISDICTION AND CURRENCY
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The laws of New Zealand apply to this Policy . The New Zealand courts have exclusive jurisdiction. All monetary amounts referred to in this Policy are expressed and payable in New Zealand dollars and include GST. A When You apply for insurance with AIA New Zealand , You have a legal duty of disclosure to AIA New Zealand . This means that: 1. All the statements that You make to AIA New Zealand (both written and oral) including the answers in: a. the application; b. any claim made by You ; c. any other communication by You with AIA New Zealand ; must be true and correct; and 2. You must disclose everything that You know, or could reasonably be expected to know, that is relevant to AIA New Zealand’s decision whether: a. to accept Your application for insurance; and b. if AIA New Zealand accepts Your application then on what terms AIA New Zealand will accept it and how much it will cost; or c. to accept Your claim on the insurance Policy . 3. This duty of disclosure continues from the time You complete the application until either: a. the Policy Commencement Date or the date AIA New Zealand accepts Your application for insurance, whichever is later; or b. AIA New Zealand declines Your application for insurance. 4. You also have the same duty of disclosure to AIA New Zealand at the time that You extend, vary or reinstate Your insurance, and at any time when You make a claim on the Policy of insurance or otherwise communicate with AIA New Zealand . IMPORTANT If You do not comply with Your duty of disclosure, and AIA New Zealand would not have accepted Your application for insurance on the same terms or at the same Premium if You had made full disclosure, then AIA New Zealand may at its discretion do any or all of the following: 1. Decline any claim that You make; 2. Alter the terms of any Benefits under the Policy ; 3. Remove any Benefits under the Policy ; 4. Avoid Your insurance from inception; 5. Retain all Premiums , policy fees and recover any Benefits paid; 6. Terminate this Policy . If You are not sure whether You are to disclose a particular fact, please ask AIA New Zealand or Your insurance adviser. B If the age of the Life Assured was misstated in the Application the amount payable under this Policy will be such as the Premiums would have purchased on the basis of the correct age.
RESPONSIBILITY FOR TRUTHFULNESS
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PC-LC-05/2026
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