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  • Transfer of CMLA's Life Insurance business to AIA Australia (AIAA)

    This microsite provides important information about the upcoming transfer of the CommInsure life insurance business to AIA Australia Limited (AIAA) under Part 9 of the Life Insurance Act 1995.

    The transfer, also known as the Scheme, is being undertaken by AIAA as part of its acquisition of the CommInsure life insurance business in Australia, including The Colonial Mutual Life Assurance Society Limited (CMLA).

    Overview

    Read more about the story so far, and access key documents which describe the Scheme in detail.  

    What does the scheme mean for you?

    The Scheme will not change existing policy terms and conditions or how you interact with us. Read more about what the Scheme means for policy owners.

    CMLA products transferring to AIAA

    CMLA uses several brands or associated trademarks, including CommInsure, Colonial and Commonwealth Financial Services. All life insurance products and associated policies and services issued under those brands will transfer to AIAA.  

    You can find the complete list of products transferring to AIAA in the Scheme Summary, and at the link below.

    NOTICE

    Please note the following when reading the below product list, where it references the following products: Commonwealth Bank Approved Deposit Fund and State Bank Approved Deposit Fund: These products are closed and have no insurance policy component.

    SuperTrace (Australian Eligible Rollover Fund): the Australian Eligible Rollover Fund (in respect of which Perpetual Superannuation Limited is the trustee) is a separate product to SuperTrace and is not impacted by the proposed Scheme. 

    About AIAA

    AIAA is a life and health insurance specialist with over 47 years of experience. We offer a range of products that protect the financial health and wellbeing of more than 2.5 million Australians.

    Our vision is to make Australia and New Zealand the healthiest nations in the world. We strive to help all of our customers live healthier, longer, and better lives, encouraging positive lifestyle change through our AIA Vitality program. 

    We are dedicated to helping Australians protect the things they value most, through comprehensive and flexible life cover options. We work closely with major financial institutions, corporate partners, financial advisers and affinity partners to deliver real and relevant insurance products. At the core of our business is a focus on building sustainable relationships that add true value to our customers and business partners.

    Questions and feedback

    Complete the form

    If you have questions or feedback about the Scheme, please get in touch via the feedback form.

    Call or email us

    AIAA policy owners
    Phone: 1800 333 613
    Email: supportpart9@aia.com

     

    CommInsure/CMLA policy owners
    Phone: 13 10 56
    Email: supportpart9@cba.com.au

    Advisers

    If you’re an adviser and have questions about the Scheme, please call us on 1800 333 613.


    Frequently asked questions

    We’ve created frequently asked questions (FAQs) regarding the Scheme. If your question isn’t answered there, ask us via the feedback form.

    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

    enquiries@aia.com.au

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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 14 January 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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