28. Key terms
in the schedule ) is the total period for which benefits will be payable for all claims arising from the same or a related illness or injury.
Working an average of more than 30 hours per week in the six months prior to cancellation of Business Overheads, Business Continuity, Rural Continuity or Locum Cover. Undertaking any activity carried on for the production of income
actively engaged
disablement date
The date the life assured became totally disabled or partially disabled .
actively trading
from selling goods or performing services.
full-time care
Care for 16 hours per day or more, provided by a nursing service approved by AIA whose profession it is to provide nursing services or provided by a registered medical practitioner . A mental health disorder including but not limited to anxiety disorders, chronic fatigue syndrome, depression, stress, fatigue, exhaustion, psychiatric complications of physical disorders, behavioural or any other mental or functional nervous disorder and/or the treatment or complications of that disorder. See Section 5 of this appendix for the meaning of this key term.
Activities of Daily Living
Activities of Daily Living are:
Bathing and showering.
Dressing and undressing.
Eating and drinking.
mental health disorder
Using a toilet.
Moving from place to place by walking, in a wheelchair or with a walking aid.
AIA mortgage protection type benefits
The following Benefits issued by AIA:
AIA Living Mortgage, Income or Rent Cover.
AIA Living Mortgage and Income Protection Benefit. Sovereign TotalCareMax Mortgage and Income Protection Benefit. ASB Lifestyle Security Plan Mortgage and Income Protection Benefit
partially disabled
Partial Disablement has a corresponding meaning
post-disability working hours
The number of hours per week that the life assured is able to work while disabled, as determined by AIA on the basis of medical certification or demonstrated ability. The average number of hours per week that the life assured worked in the three months immediately before the disablement date . However, if the life assured becomes totally disabled or partially disabled when the life assured has been on parental leave for 12 months or less or on a work sabbatical , then the pre-disability working hours is the average number of hours per week that the life assured worked in the three months immediately before the life assured went on leave.
benefit term
The term for which the life assured is insured for the Mortgage, Income or Rent Cover Benefit as stated in the schedule. The maximum term for which the Mortgage, Income or Rent Cover Benefit is payable as stated in the schedule . For benefit payment periods of two or five years: (a) the benefit payment period commences at the end of the waiting period and ceases either two years or
pre-disability working hours
benefit payment period
five years (whichever is stated in the schedule )
later or when the life assured turns age 65, whichever is earlier; and (b) the two year or five year period (whichever is stated
1117 AL-MIRC version 1 Effective 31 July 2025
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