Review your cover

As life changes, so do your insurance needs. Reviewing your cover can help make sure you’re protected – and not paying for more cover than you need.

When life changes, your insurance should too

Big life events can affect how much life insurance you need. For example:
 
  • You get married or divorced

  • You have a baby or more children

  • You buy a house or take out a loan

  • Your job or income changes

  • You plan to retire
Your financial adviser can help you work out if your current cover is still right. They can suggest changes to make sure you and your family are protected.

Get help understanding your options

Life insurance can be confusing. Your financial adviser can:
 
  • Explain how your cover works

  • Help you decide how much cover you need

  • Talk to you about the costs and risks of holding life insurance

  • Explain what is and isn’t included in your policy

  • Guide you through the claims process

  • They will take the time to understand your situation so you can make the best choice

Keep your cover up to date

It’s important to check your life insurance regularly. Your financial adviser can help you review your cover as your life changes. This gives you peace of mind, knowing you are prepared for the future.
 
To organise a review of your life insurance, contact your financial adviser. If you don’t have a financial adviser, we can help you find one.

Take control of your insurance

Stop automatic increases

You can choose to stop your cover from going up each year with inflation and save up to 5%.

 

Learn more >

Lock in your premium

Keep your premium the same, by reducing your cover amount each year.

 

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Pay yearly

Switch to annual payments and save up to 8%.


 

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Quit smoking

Tell us if you have quit smoking for 12 months and you could save up to 50%.

 

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Join AIA Vitality

Join our health and wellbeing program and save on your premiums.

 

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Change your TPD option

Switch from Total and Permanent Disablement cover with an “Own Occupation” definition to TPD with a narrower “Any Occupation” definition and save up to 45%.

Learn more >

Get health cover

Join AIA Health and save 5% off your AIA Priority Protection insurance premiums.

 

Learn more >

Make sure you read your PDS and any updates to understand the full details.