Life Insurance

This is one of the most simple but important types of insurance your clients can have. It protects their loved one's futures by providing them with a lump sum payment if they pass away, or are diagnosed with a terminal illness.

Our life insurance options

AIA Living Life Cover

This life insurance provides a lump sum to the policy owner should the life assured die or be diagnosed with a terminal illness with a life expectancy of 12 months or less.

This can be taken out for Personal or Business purposes.

AIA Living Family Protection

Designed to minimise the impact on lifestyle on a family after the death of the life assured through a monthly payment to the family, rather than a lump sum.

AIA Living Accidental Death

A very basic type of life insurance that comes at a lower cost, and provides a lump sum should your client die as a result of an accident.

Key benefits for your clients

  • Immediate Payment

    An upfront payment of $15,000 to cover immediate expenses such as funeral costs

  • Flexibility

    Ability to increase the sum assured following a significant event in their life

  • Return Home

    Reimbursement for the costs (up to $20,000) of returning the life assured's body to New Zealand if they die while overseas

  • Early Payment

    Access to an early payment if they're diagnosed as terminally ill

  • AIA Vitality

    Access to AIA Vitality, our scientifically-backed health and wellbeing program

  • Future Proof Products

    Access to our Enhancement Pass Back Benefit. This means changes we make to our AIA Living products in the future are automatically passed back to your clients, offering them even more at claim time


Life Insurance

At a Glance

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

10

Eligible Ages Maximum

70

Eligible Occupations

All*

Term of Cover / Benefit Expiry

No Expiry

Benefit Type

Lump sum

Benefit Period

N/A

Premium Type

Rate for Age

10 years

To age 65

To age 80

Premium Rate Guarantee

1 year (Rate for Age) or

To end of level term

Maximum Sum Assured

No Maximum

The information on this page is provided as a sales support tool to be used in conjunction with the appropriate policy wording. * However hazardous occupations are uninsurable or require different terms. To confirm eligibility please contact an AIA underwriter.
Eligible Ages Minimum

16

Eligible Ages Maximum

70

Eligible Occupations

All*

Term of Cover / Benefit Expiry

No Expiry

Benefit Type

Lump sum

Benefit Period

N/A

Premium Type

Rate for Age

10 years

To age 65

To age 85

Premium Rate Guarantee

1 year (Rate for Age) or

To end of level term

Maximum Sum Assured

No Maximum

The information on this page is provided as a sales support tool to be used in conjunction with the appropriate policy wording. * However hazardous occupations are uninsurable or require different terms. To confirm eligibility please contact an AIA underwriter.
Eligible Ages Minimum

10

Eligible Ages Maximum

70

Eligible Occupations

All*

Term of Cover / Benefit Expiry

As nominated

Benefit Type

Monthly payment

Benefit Period

Fixed Term: 5-30 years or To age: 31-70

Premium Type

Rate for Age

10 years

To age 65

Premium Rate Guarantee

1 year (Rate for Age) or

To end of level term

Maximum Sum Assured

No Maximum

The information on this page is provided as a sales support tool to be used in conjunction with the appropriate policy wording. * However hazardous occupations are uninsurable or require different terms. To confirm eligibility please contact an AIA underwriter.
Eligible Ages Minimum

16

Eligible Ages Maximum

60

Eligible Occupations

All*

Term of Cover / Benefit Expiry

To age 65

Benefit Type

Lump sum

Benefit Period

N/A

Premium Type

Rate for Age

10 years

Premium Rate Guarantee

1 year (Rate for Age) or

To end of level term

Maximum Sum Assured

$500,000

The information on this page is provided as a sales support tool to be used in conjunction with the appropriate policy wording. * However hazardous occupations are uninsurable or require different terms. To confirm eligibility please contact an AIA underwriter.