Protect your loved ones and your income, no matter what life brings.
Life Insurance that protects you, your income and your lifestyle
New customers
Existing customers
Help with understanding your premiums
What is the difference between Variable age-stepped, Variable and Optimum premiums?
What are variable age-stepped premiums?
What are variable premiums?
What are optimum premiums?
What is conversion to loss of independence?
What policy structures are available?
What is the initial selection discount?
Understanding nomination of beneficiaries
Why choose AIA Life Insurance?
What is AIA Vitality?
AIA Vitality is a personalised, science-backed health and wellbeing program that supports you every day to make healthier lifestyle choices. The program incentivises you to know your health, improve your health and get rewarded with lower premiums, discounts and cashbacks, including:
- Up to $500 in Shopping Rewards and $260 in Active Benefits rewards.
- 40% off eligible gym memberships with Fitness First, Virgin Active and Goodlife.
- Up to 50% cashback on eligible Virgin Australia Flights.
- 10% AIA Vitality Discount on all insurance benefits.
- 5% AIA Vitality Health Check Discount on all insurance benefits when you complete an eligible AIA Vitality Health Check once every two years.
- A one-off $500 AIA Vitality Silver Status Reward when you achieve AIA Vitality Silver Status within 6 months of your membership commencing.
Call 1800 290 989, 9am – 5pm, Mon to Fri, AEST to add AIA Vitality to your policy.
How can I buy AIA life insurance?
Choose the option that best suits you
Frequently asked questions
Deciding on the right level of life insurance cover depends on your individual circumstances. When working out how much cover you need, you should consider your stage of life, whether you have dependants, your debt levels and the ongoing needs of your loved ones.
If you’re a member of an Australian superannuation fund you might already have some life and income protection insurance cover, though typically the default option may only provide a fraction of the cover you need. Australian superannuation plans also don’t normally include serious or critical illness insurance (Crisis Recovery). To work out if you need extra cover, check the insurance you have through your superannuation fund or employer.
No, if you are only applying online. However, you will be asked some health and lifestyle questions. If the information you provide us means you need to go through full underwriting, then yes, you may need to complete and provide us with a medical check-up and/or blood test.
Key events that happen during your life may encourage you to start protecting yourself and your loved ones. Most Australian’s start thinking about life insurance when they get married, have children or take out a mortgage.
Your premium may be determined by the product you choose and the type and level of cover, age, gender, smoking status, any discounts you may receive and whether you have chosen to apply Benefit Indexation to your policy. You may also be required to take out a level of cover sufficient to meet the minimum premium. The premium amount includes government charges such as stamp duty and taxes.
If you purchase your policy online, you can pay by credit card or direct debit with a choice of monthly or annual payments.
For other payment options, including structuring your insurance through superannuation, please speak to an AIA Financial Wellbeing Planner or a Financial Adviser.
Where more than one type of discount applies, the discount percentages are applied one at a time. This means that each discount after the first will be applied to the premium already reduced by the previous discount.
You can decrease your cover (subject to the minimum Sum Insured or premium requirements) at any time. You can also apply to increase your cover (up to the maximum amount allowed for your age) at any time. To increase your cover you will need to complete new health and lifestyle questions. Contact us to make policy changes.
Crisis Recovery funds the costs associated with getting you better and back to work if you were to suffer from a serious crisis event and require medical treatment to recover from illnesses like cancer, stroke or a heart attack. But if your sickness or injury is so severe that you can never return to work, for example a spinal cord injury, the loss of a limb in a car crash, or the onset of Motor Neurone Disease, Total and Permanent Disablement (TPD) cover may help you and your family maintain a good quality of life.
You can nominate up to five persons to receive your Life Cover benefit and specify the percentage of the benefit they each receive. Find out more.
Benefit indexation automatically increases your sum insured so it keeps up with inflation. Benefit indexation may reduce the risk of inflation eroding your benefit. At application stage, you can choose to include, or not to include, benefit indexation increases on your Policy, or you can call us at any time to remove it from your next Policy Anniversary.
Add AIA Vitality to your AIA Priority Protection policy for only $12.50 per month. Your membership payments will align with your policy payment frequency.
The minimum premium required to access AIA Vitality is $540 per year per customer, inclusive of all discounts, loadings, policy fees and stamp duty. The $540 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.
