Priority Protection

Life's better with the right partner®

Priority Protection for Platform Investors


AIA Australia makes it easy for you to incorporate life insurance into your client’s financial plan through its Priority Protection for Platform Investors offering.

AIA Australia’s Priority Protection offers you a complete risk solution by providing your clients with a selection of plans to cater for all their superannuation life insurance needs.

Below is a summary of the main features of the AIA Australia Priority Protection for Platform Investors product. For full details, please refer to the

AIA Australia Priority Protection for Platform Investors Product Disclosure Statement (PDS).

 

Life Cover

The Life Cover benefit and the 5-year and 10-year Term Cover benefits pay a lump sum if the life insured dies or is diagnosed with a terminal illness before the benefit expires. The lump sum amount will be paid to the policy owner or the nominated beneficiary/ies.

Some additional product features include :

  • Final Expenses benefit

  • Guaranteed Future Insurability benefit

  • Financial Planning Reimbursement benefit

  • Total and Permanent Disablement

For more information:

Download the PDS

 

Crisis Recovery

The Crisis Recovery benefit will pay a lump sum if the life insured is diagnosed within the terms of the policy definitions, with one or more of the conditions listed in the Crisis Event groups below:

  • Cancer Events

  • Coronary Events

  • Other Serious Crisis Events.

Some additional product features include:

  • Male Cancer

  • Financial Planning Reimbursement

  • Death Cover

  • Loss of limb or sight of one eye (partial benefit)

  • Chronic Diagnosis Advancement benefit

  • Complimentary Family Protection Recovery benefit

  • Crisis Reinstatement (rider)

For more information:

Download the PDS

 

Income Protection

The Income Protection benefit will provide a monthly income if the life insured becomes disabled solely due to injury or sickness. The Income Protection Accident Only benefit will provide a monthly income if the life insured becomes disabled solely as a result of an accidental injury only.

Some additional product features include:

  • Terminal Illness

  • Death benefit

For more information

Download the PDS

 

Business Expenses

The Business Expenses benefit is specifically designed for self-employed individuals (employed full-time) who need to ensure that the fixed expenses of their business or practice will still be paid even if they cannot work due to injury or sickness.

For more information

Download the PDS