AIA New Zealand is offering free life insurance policies under a promotion called ‘Share The Love‘.
Customers who take out an eligible AIA insurance policy or ASB Lifestyle Security Plan between 28 September 2020 and 28 February 2021, will be able to gift one AIA Everyday – Life cover to someone they know.
It’s part of a plan by the firm to illustrate the value of life insurance and get people talking about the benefits of having cover.
To gift an AIA Everyday – Life cover, eligible policy holders must provide the firm with the nominated person’s contact details (after obtaining their consent). Each policy will offer $50,000 of cover free of charge and cover will cease after six months. Meanwhile, those who accept the free cover will be contacted by a financial adviser to talk about insurance.
…more than a third of Kiwis don’t want to think about the idea of dying…
To be eligible to gift an AIA Everyday – Life policy, clients must apply via the firm’s e-App and be issued with a new individual AIA Living risk policy (personal or business), AIA Private Health policy, ASB Lifestyle Security Plan, or ASB Private Health policy by 28 February 2021.
Nick Stanhope, AIA New Zealand’s CEO, says it’s important Kiwis improve their understanding of financial matters by talking with a financial adviser.
He says independent research commissioned by the insurer reveals more than a third of Kiwis don’t want to think about the idea of dying and haven’t considered the financial impact it would have on their family.
Two thirds of the 1,000 people who were surveyed by the firm said that they’d never had a conversation with family about life insurance when they were growing up, and one third said they don’t understand the benefits of life insurance.
More than half have never tackled the topic of what would happen to their finances if they were unable to work due to death, serious illness, or injury.