Go toAIAHub
AIA

Corporate Solutions

Creating adaptable insurance solutions for employees

Why should an employer have an employee benefit plan?

Helps employers to look after their business by taking care of their valuable employees. Corporate Solutions plans can help provide much-needed insurance cover for everyday working New Zealanders; for a small percentage of a company's payroll and by providing access to voluntary top-up benefits.

In some cases, AIA New Zealand's Corporate Solutions plans cost less than a cup of coffee per employee per week; however, research shows the perceived value is much higher.

Offering employee benefits can give a company's recruitment and retention strategy a competitive edge, particularly in tough financial times where giving bonuses or pay increases may not be possible.

AIA Corporate Solutions plans can be tailored to meet the goals of the employer. Products and coverage amounts can be structured to attract new employees, retain key employees, improve engagement and/or reward length of service.

Our products

AIA Corporate Solutions
Life Insurance

AIA Corporate Solutions
Income Protection

AIA Corporate Solutions
Critical Illness Insurance

AIA Corporate Solutions
TPD Insurance

AIA MyCare

What solutions are available to you?

You can offer your employees a Compulsory Plan (or subsidised plan), where an employer sets clear and definable eligibility criteria for who they want to insure under the plan, with cover compulsory for all employees who meet the criteria. The employer is generally responsible for payment of the whole insurance premium.

In some cases, we can provide voluntary top-up arrangements for members of a Compulsory Plan,(or subsidised plan) with the related insurance premium collected by salary deduction.

Compulsory Plans at a glance

Base requirements

  • A minimum of 10 insured members
  • A minimum total annual premium of $2,500 (including GST) for a Life policy (with or without Total & Permanent Disablement cover)
  • A minimum total annual premium of $2,500 (including GST) for an Income Protection policy or Critical Illness policy
  • Clear and concise eligibility criteria
  • 100% of eligible employees are entered into the plan
  • A clear and concise benefit structure

Want to become an accredited Corporate Solutions adviser?

Contact Rachel O'Grady, Group Business Development Manager, on +64 21 992 149 or rachel.ogrady@aia.com