A specific injury cover option has been launched by AIA as an add-on to eligible products.
Key benefits include additional financial support on top of ACC should a client experience a covered injury, and clients can choose how a lump sum payment is used. No proof of income is required.
Injuries covered range from bone fractures to amputations. The amount of monthly benefit ranges from one times to 12 times, depending on the cover purchased.
Eligible products are AIA life, trauma, income protection and TPD including the AIA Living range, subject to minimum cover levels:
- $150,000 cover across all eligible life, trauma and TPD products; or
- $1,500 a month across all eligible IP products
AIA’s specific injury cover option cannot be added to starterplans or its health products.
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