Business & Rural Insurance

We offer a range of Business and Rural insurance options that can help your client's business or farm to continue operating if they or a key person faces illness, injury or death.

Our business and rural insurance options

We detail our main business income protection insurances further below.

For wider business cover, we also have four products that can be taken out for business or personal purposes depending on your client's needs. They are:

  1. AIA Living Life Cover
  2. AIA Living Total Permanent Disablement
  3. AIA Living Critical Conditions
  4. AIA Living Progressive Care

Read more about these on the respective product pages.

AIA Start-Up Income Protection

Designed for new business owners who have been trading for three years or less, this gives them the confidence they need while their business gets off the ground. The monthly payments cover your client's business from disruption if they face an illness or injury that stops them from working.

AIA Living Business Continuity

Established business owners can access monthly payments giving them time to make key decisions about the future of their business should they (or a key person) face serious illness or injury and be unable to work

AIA Living Rural Continuity

Financially supports your client's farm or share milking business by providing monthly payments if they (or a key person) become unable to work due to illness or injury

Key benefits for your clients

  • Simple for Start-ups

    With Start-Up Income Protection, access up to $9,000 sum assured a month without having to provide detailed financial information

  • No ACC Offsets

    Business Continuity doesn't have ACC offsets and with Rural Continuity your client can choose to offset or not

  • Long Term Support

    Option to extend Rural Continuity with Business Income Support to help your clients manage long term illness or injury

  • Future Proof Products

    Our Enhancement Pass Back Benefit is our commitment to keep our insurance relevant. Changes we make to our business insurance range in the future are automatically passed back to you, offering you even more at claim time


Business & Rural Insurance

At a glance

Please note the following tables are a guide only. Please refer to our brochures and policy wordings for further information.
Cover Options

Agreed Value

Benefit Type

Monthly Payment

Eligible Ages Minimum

16

Eligible Ages Maximum

55

Eligible Occupations

Classes 21, 22, 23, 24 (self employed less than 3 years)

Premium Type

Rate for age

Cover (Sum Assured) Options

Level cover

Term of Cover / Benefit Expiry

To age 65

Benefit Period

6, 12 or 24 Months

Wait Periods

4, 8 or 13 weeks

Maximum Sum Assured

0-12 months: $0-$6,500 ($78K pa) 12 month benefit

0-12 months: $6,501-$9,000 ($78,001-$108,00K pa) 6 month benefit

12 months+: $0-$9,000 ($108,00 pa) 2 Year Benefit

The information on this page is provided as a sales support tool to be used in conjunction with the appropriate policy wording.
Cover Options

Agreed Value or Indemnity

Benefit Type

Monthly Payment

Eligible Ages Minimum

21

Eligible Ages Maximum

55 or 60 (To age 60 if working in a managerial, professional or clerical job)

Eligible Occupations

Classes 11, 12, 13, 14

(self-employed for more than 3 years)

Premium Type

Rate for age

Cover (Sum Assured) Options

Level cover

Inflation cover (CPI linked)

Term of Cover / Benefit Expiry

To age 65

Benefit Period

6, 12 or 24 Months

Wait Periods

4, 8 or 13 weeks

Maximum Sum Assured

$50,000 per business per month

The information on this page is provided as a sales support tool to be used in conjunction with the appropriate policy wording.
Cover Options

Agreed Value

Benefit Type

Monthly Payment

Eligible Ages Minimum

16

Eligible Ages Maximum

55

Eligible Occupations

Class 3, 13 (self employed more than 3 years)

  • Owner/Leasers of sheep, lamb/wool dairy or beef farmers
  • Sharemilkers - either herd-owning or Contract / Lower Order
Premium Type

Rate for age

Cover (Sum Assured) Options

Level cover

Inflation cover (CPI linked)

Term of Cover / Benefit Expiry

To age 65

Benefit Period

6, 12, 24 Months

Wait Periods

4, 8 or 13 weeks

Maximum Sum Assured

35% of Gross Turnover up to $10,000 per month ($120,000 per annum)

The information on this page is provided as a sales support tool to be used in conjunction with the appropriate policy wording.