AIA Australia is a trusted partner for over 3.1 million Australians, providing comprehensive life insurance for more than half a century. As part of the AIA Group (the largest independent, publicly listed pan-Asian life insurer), AIA has a strong foundation and a steadfast commitment to delivering exceptional value and service to their customers.
They offer comprehensive and flexible life cover options at competitive rates, with insurance solutions seamlessly integrated with their AIA Vitality program to provide discounted premiums for higher Status levels. Together, AIA’s life insurance and AIA Vitality create a holistic approach to physical, mental and financial wellbeing.
AIA Australia’s Priority Protection product includes a selection of benefits to cater for your life insurance needs. Depending on which cover you select, these benefits can include:
This information is a guide only. For further information on benefits, features, limits, terms and conditions, read the Product Disclosure Statement (PDS). Always read the PDS for each policy before deciding to buy.
AIA Australia has a vision to make Australia one of the healthiest nations by empowering customers through their science-backed AIA Vitality program. AIA Vitality motivates positive lifestyle changes by rewarding members with AIA Vitality Points for fitness activities, health assessments and nutrition improvements.
The more points earned, the higher the Status level (Bronze, Silver, Gold and Platinum), unlocking rewards like flight cashback, retail vouchers, shopping rewards and more.
When you apply for cover with AIA life insurance, you’ll at minimum need to provide some medical information and some additional details about your income, occupation, lifestyle and more.
Whether you need any further medical exams or tests will depend on your age and the amount of cover you’re taking out. This is something you should discuss with AIA when you apply for cover, since you could need anything from a simple blood test to a full medical examination depending on your circumstances.
Life insurers will often apply a minimum and/or maximum entry age (age you can take out cover) and an expiry age (age when cover no longer applies). For AIA Australia, these ages differ between their products. Below are the entry and expiry ages for each of their applicable products.
| Cover type | Entry age (Age at next birthday) | Expiry age (Policy anniversary prior to age) |
| Life cover | 11 – 75 | 100 |
| TPD | 16 – 50/55/60/64 (Depending on occupation) | 55/65/70 (Depending on occupation) |
| Crisis Recovery | 16 – 64 | 70 |
This information is accurate as of June 2024. For the full details of a policy refer to the product disclosure statement and target market determination.
For life insurance, your waiting period typically refers to the amount of time you need to be out of work before you can claim on your income protection policy. With AIA, your waiting period will depend on your occupation and the type of income protection you have but can range anywhere from 14 days to 2 years.
With AIA Australia, there are three main premium structures available to you: stepped, level and optimum.
To make a claim on your AIA Australia life insurance, you or one of your beneficiaries will need to reach out to AIA and notify them as soon as possible, and they’ll be able to help you with the next steps. You may need to fill out a claims form and provide any required evidence.
For claims relating to the health of the insured, you might also need to undergo some medical exams or tests to verify your health status.
With AIA, you can cancel your policy, or any individual benefits within your policy, at any time. All you need to do is reach out by phone, mail or email and inform them of your decision. If premiums have been paid in advance, AIA will refund the unexpired portion of your premiums to the policy owner.
Want to see how AIA life insurance compares to the rest of the industry? With Compare the Market, you can compare life and income protection policies in just a few minutes. All you need to do is answer a few easy questions and you can see policies from some of Australia’s largest life insurers side-by-side.
