AIA NZ is proud to announce a suite of new enhancements to its AIA Living Trauma product range, which are focused on broadening the cover available for children.
As part of its ongoing commitment to helping New Zealanders live Healthier, Longer, Better Lives, the enhancements have been made to ensure AIA’s products continue to be fit for purpose for customers and provide better claim outcomes when families need them most.
“Parenting is the hardest job in the world and never more so, than when facing the uncertainty of caring for a seriously ill or injured child,” says Sharron Botica, AIA NZ Chief Partnership Distribution Officer.
“We are really proud of these new enhancements, which have been designed to extend the support available to our customers, if they or their tamariki were to encounter one of these events."
The new enhancements include:
Widening the coverage ages for the Built-in Children’s Trauma and Optional Children’s and Maternity Benefits to provide cover from three months to the child’s 21st birthday. Up until now, coverage has kicked in at two years old
Altering the congenital conditions exclusion to only exclude congenital conditions where signs and symptoms develop before the child is three months of age. Previously, all congenital conditions were excluded regardless of when they first presented
Introducing three new claimable conditions to the Built-in Newborn Children’s Benefit. Also, enhancing the existing ‘absence of limbs’ condition
Introducing a new Children’s Congenital Conditions Benefit to the Optional Children’s & Maternity Benefit, providing cover if a child is diagnosed with and undergoes treatment for one of eight listed congenital conditions
Enhancing the Systemic Lupus Erythematosus with Lupus Nephritis condition to include ‘Alopecia’ as an additional evidentiary clinical criterion
Changing the timing of the 90-day impairment test within the Severe Illness and Injury condition to better support customers who have extended hospital stays
Enhancing the Aortic Surgery condition to include cover for aortic dissection
Enhancing the Benign brain and spinal cord tumours condition definition to provide cover for pituitary gland tumours where an open craniotomy is medically necessary.
“Unfortunately, experiencing a trauma such as serious illness or injury at least once in our lives is more common than you might think. With these enhancements in place, we hope that parents can have greater peace of mind that we’ve got their back, when they need it most,” says Botica.
To find out more, view the full summary and FAQs here.
