From August 2006 to 31 December 2009, AIA Australia offered a life insurance product called ‘Cashback Flexi’.
The product offered both Term Life and Crisis benefits which could be taken out over a 10, 15 or 20 year term.
In addition, the product offered a Guaranteed Premium Refund, meaning that a full refund of all premiums paid for the policy was payable at the end of the selected term.
Maturity of these policies commenced earlier this month and will continue up until 2030.
We will contact you and your client at the time of policy maturity advising of the refund amount along with an Application Form which can be used to convert the benefit(s) to an AIA Priority Protection policy.