Priority Protection

Life's better with the right partner®

A complete insurance solution

 

AIA Australia's PPPI offers you a complete risk solution by providing your clients with a selection of plans to cater for their life insurance needs. PPPI:

  • Is developed by a specialist insurance manufacturer that’s backed by the AIA Group, the largest independent, publicly listed pan-Asian life insurer

  • Offers a flexible range of cover and adviser remuneration options

  • Provides up to 10% multi-plan and up to 30% large sum insured discounts to clients with Life Cover

  • Has market leading cancer definitions

  • Gives your clients access to AIA Vitality

 

AIA Vitality

Finally, there’s life insurance that supports and rewards your clients for being healthy and living longer! AIA Vitality offers your clients incentives to get healthier. As your clients embark on their journey to better health, the program’s rewards are life-changing. The program offers:

  • 7.5% upfront discount on eligible AIA Australia PPPI policies

  • Up to 30% off fresh fruit and vegetables and healthy eating programs

  • Up to 35% off travel, lifestyle and entertainment

  • Up to 40% off selected gym memberships

  • Up to 35% off fitness devices

You can access AIA Vitality marketing materials from the AIA Australia Adviser Site. If you don’t have an AIA Adviser code, please contact your client development team member.

For more information on AIA Vitality:

AIA Vitality Program Overview brochure

 

Product summary

AIA Australia makes it easy for you to incorporate life insurance into your client’s financial plan through its PPPI offering. AIA Australia’s Priority Protection for Platform Investors offers you a complete risk solution by providing your clients with a selection of plans to cater for all their superannuation and individual life insurance needs.


Below is a summary of the main features of the AIA Australia Priority Protection for Platform Investors product.

For more information:

Product Summary flyerProduct 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.

An additional product benefit of Life Cover is Total and Permanent Disablement (TPD). AIA Australia offers three main types of TPD benefits catering to different occupation and employment types:

  • Total and Permanent Disablement

  • Accidental Total and Permanent Disablement

  • Universal Total and Permanent Disablement

Clients can also access additional benefits outside of their superannuation via:

 

Superannuation PLUS

Superannuation PLUS offers the flexibility of structuring Life Cover within a superannuation environment PLUS offering Permanent Disablement and Crisis Recovery benefits outside of superannuation.

For more information:

Superannuation Life Cover PLUS Benefit flyer


Maximiser

The Maximiser benefit is structured so that your clients’ TPD cover is held both inside and outside of superannuation. Even though it is one plan, two policies are purchased – one within superannuation, and one outside.

For more information:

Maximiser Super PLUS flyer


 

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.

Clients can also access an additional benefits outside of their superannuation via:
 

Super Extras

AIA Australia’s Superannuation Income Protection benefit with Super Extras provides an Income Protection benefit within a superannuation environment and includes benefits such as Specified Injury and Crisis Recovery benefits held outside of superannuation.

For more information:

Superannuation Income Protection with Super Extras flyer

 

Clients can also access standalone cover options through Priority Protection for Platform Investors such as:

 

Crisis Recovery

The Crisis Recover benefit will pay a lump sum if you are diagnosed with one or more of the serious illnesses listed within the Crisis Event groups of Cancer, Coronary and other Serious Crisis Events.

For a list of Crisis Events covered, refer to:

PDS
Crisis Events flyer

 

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.