ADDING AND REMOVING FAMILY MEMBERS
8 Requests for changes can be made at any time by writing to Us to extend cover under this Policy for:
The spouse or partner of the Policy Owner A Child under the age of twenty one (21)
AIA New Zealand is not obliged to agree to cover any additional Life Assured unless We are satisfied that the Life Assured is in good health. This will be determined based on the information provided on the application at the time. If additional Lives Assured are added to this Policy , the Policy Premium will be increased with the applicable Premium . You can remove any Life Assured from this Policy at any time by giving Us thirty (30) days written notice. 9 Your new born Child will automatically be covered for the first four (4) months at no additional Premium . You must advise Us of the Child’s name, gender, and date of birth before this coverage period expires and the applicable Premium will be payable. Thereafter an application form will need to be completed and the Child will be medically underwritten. The Policy Premium will increase with each Child added to this Policy. Congenital conditions are not covered.
NEW BORN BABIES
TRANSFERING TO ANOTHER POLICY
10
A person who is:
over the age of twenty-one (21); or
no longer financially dependent on, or under the legal guardianship of You or Your spouse or partner, may transfer to their own Policy if they make a written application to Us after their twenty-first (21st) birthday or the date (as determined by Us ) that they ceased to be dependent. No health evidence will be required for a person transferring from an existing Policy to his or her own Policy . Medical underwriting will be required where the new Policy contains additional Benefits to that of the original Policy . Your spouse or partner (following a separation) may also transfer to their own Policy if they make a written application to Us . No medical underwriting will be required for a person transferring from an existing Policy to his or her own Policy . Medical underwriting will be required where the new Policy contains additional Benefits to that of the original Policy .
WHEN CAN THIS POLICY END
11
This Policy will end when any of the following happens:
You ask Us in writing to cancel it by giving Us thirty (30) days’ notice; or You fail to pay the Total Premium within thirty (30) days after the Premium due date; or If We avoid Your Policy from inception as outlined in Clause 4 “Responsibility for Truthfulness” above.
REAL Health – 0324
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