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    • New minimum premium for Priority Protection policies with AIA Vitality

    23 March 2020

    AIA Vitality logo

    From 1 April 2020, a new minimum premium applies when AIA Vitality is added to a Priority Protection or a Priority Protection for Platform Investors policy. This applies when AIA Vitality is being added to an in force policy or a new business policy and will continue to apply thereafter for Vitality membership to remain in force.

    The new minimum premium is $600 per year per customer, inclusive of all discounts, loadings, policy fees and stamp duty. The $600 minimum does not include the cost of the AIA Vitality Contribution Fee. AIA will consider the combined premium for all policies for the same life insured – both in force and new business - when assessing if the minimum premium has been met.

    Please note, the minimum premium for all individual policies remains at $300 inclusive of all discounts, loadings, policy fees and stamp duty.

    Why include AIA Vitality?

    You’ve probably heard it before, AIA Vitality is our science-backed wellness program that helps clients improve their health, and rewards them for it.

    Your clients can earn up to $500 in retail shopping vouchers each membership year. The vouchers can be used across a range of our Shopping Rewards partners including Woolworths, Myer and rebel. Members can also earn $5 a week in Active Benefits rewards. 

    Not only that, upon reaching certain levels (Bronze, Silver, Gold, Platinum), your clients can gain even more discounts across the likes of Virgin and Singapore Airlines or Fitbit and Garmin products not to mention discounts off their Priority Protection policies.

    For more information, please speak to your AIA CDM or CDA.

    Contact AIA

    1800 333 613

    PO Box 6111
    Melbourne VIC 3004

    infohub@aia.com

    AIA Global aia.com

    Contact AIA

    1800 333 613

    PO Box 6111
    Melbourne VIC 3004

    infohub@aia.com

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    Copyright © 2021. AIA Group Limited and its subsidiaries or affiliates. All rights reserved. Priority Protection and Priority Protection for Platform Investors products are issued by AIA Australia Limited (ABN 79 004 837 861, AFSL 230043). AIA Vitality, a personalised, science-backed program that supports members every day to make healthier choices, is available with eligible products issued by AIA Australia. AIA Health with AIA Vitality is issued by AIA Health Insurance Pty Ltd ABN 32 611 323 034, a registered private health insurer governed by the Private Health Insurance Act 2207, Private Health Insurance Rules 2007 and the AIA Health Insurance Pty Ltd Fund Rules. The information on this website is current as at 1 April 2021 and may be subject to change. It is general information only and is not intended in any way to be financial, legal, tax, health, medical, nutritional or other advice. You should consider your own personal circumstances and needs and view the relevant product documents, fact sheets, fund rules and terms and conditions before making a decision to acquire such products. If necessary you should obtain professional advice from a financial, tax, medical or health professional. Unless expressly stated, any views or expressions of opinion (including any video content) do not represent the opinion of AIA.
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