PERSONAL, FAMILY AND BUSINESS RISK AND MEDICAL INSURANCE IN AUCKLAND AND THROUGHOUT NEW ZEALAND
Life Insurance
What is Life Insurance?
This is one of the most simple but important types of insurance you can have. It protects your loved ones futures by providing them with a lump sum payment if you pass away, or are diagnosed with a terminal illness. Why do I need it? Can your family pay the mortgage without you? Could they take time off work and look after you if you’re terminally ill? What about funeral costs? Life insurance is your way of looking after your loved ones when you’re gone.
Key benefits of our life insurance
- Receive an upfront payment of $15,000 to help with immediate expenses like funeral costs
- Reimbursement for the costs (up to $20,000) of returning the life assureds’ body to New Zealand or to your home country (the country you were born in, or were a permanent resident of). If this benefit is used, your Life Cover sum assured will be reduced by the amount received.
- Access to an early payment if you’re diagnosed as terminally ill
- Access to our Enhancement Pass Back Benefit which is our commitment to you to keep our insurance relevant. Changes we make to our products in the future are automatically passed back to you, offering you even more at claim time.
Please see other benefits at: AIA Life Insurance
Optional benefits you can add on
Future Insurability Benefit
Only available with Life Cover You can apply to increase your sum assured at every third policy anniversary without providing any further medical information. Limits and conditions apply and every increase in cover will result in an increase in premium.
Waiver of Premium
This can remove the burden of paying premiums when you are unable to work due to total disability. We will waive your premium payments, while your insurance remains in place.
Accidental Injury Cover
You will receive a single up-front payment, should you be injured accidentally. You can use it for whatever you need: covering treatment costs, getting taxis to work, hiring someone to help with children, or simply taking time off work to recover. You choose how much cover you need, up to $5,000 a month, the lump sum you receive is based on the treatment you require. Making a claim under this optional benefit is not affected by payments from ACC or other insurances you may have.
Life Insurance Options
Life insurance options: Life Cover- This life insurance provides a lump sum. It can help your loved ones cover expenses such as your mortgage or funeral costs, support to continue raising your children, or ensure your partner’s retirement is protected.
Living Family Protection Designed to minimise the impact on lifestyle after your death through a monthly payment to your family, rather than a lump sum.
Accidental Death. A very basic type of life insurance that simply provides a lump sum should you die as a result of an accident.
Did you know that?
BOWEL CANCER is the second highest cause of cancer death in New Zealand. Stroke is the third largest killer in New Zealand (About 2,500 every year). Cancer was the leading cause of death for both males and females in New Zealand in 2010. On average there is one death in New Zealand every 16 minutes.
Timothy 5:8 says anyone who does not provide for their relatives, and especially for their own household, has denied the faith and is worse than an unbeliever.