Life Insurance
Protects your loved ones’ future if you're diagnosed with a terminal illness or die.
Look after what you’ve built
Running a farm can be challenging enough without having to worry about the unexpected consequences of illness or injury. We can help you plan now for a secure future. Generally, as a farmer you work and live in the same place along with your family, so challenges or changes directly impact your work and home life at the same time.
If something should happen to you or a key person, the right insurance can help you make the next step that’s right for you and your farm. The financial support could keep your farm running and provide your family with financial security. Meanwhile you can adjust to any changes to your situation, or if really needed, take time to sell and focus on your new future.
Protects the future of your farm if you become seriously ill, are injured or die. It provides monthly payments of an amount agreed at the time you take out your policy.
The waiting period will be waived, if you become totally disabled again and it’s caused by the same or a related illness or injury. This is subject to AIA’s opinion and after considering the advice of a registered medical practitioner and other relevant information.
An AIA appointed Case Manager will work with you to understand your personal situation and will consider what assistance could aid you to return to work.
If you move from a total to partial disability benefit, this pays a lump sum equal to 1/3 of the last monthly total disability benefit to help cover costs during the transition period.
Why use an adviser?
If you’re an existing Sovereign or AIA policy holder looking for support, please feel welcome to send us a message, or call us on 0800 500 108 Monday to Friday 8am to 6pm.
Other things you should know: the availability of insurance cover is subject to your application being approved. All applications are subject to individual consideration. Special conditions, exclusions and premium loadings may apply. This insurance is underwritten by AIA New Zealand Limited (‘AIA’). For full details of the products and benefits offered by AIA, please refer to the policy document(s) which are available from AIA. The information contained in this publication is general in nature and is not intended as advice. It may not be relevant to individual circumstances and before making any insurance decision, you should consult a professional Adviser. Copies of our disclosure statements are available on request, free of charge.
A note on exclusions and benefits
This insurance (including the built-in and optional benefits) is subject to certain stand down periods and exclusions. Please also note that the optional benefits are subject to an increase in premium and their own terms and conditions.
When you apply for insurance with AIA New Zealand Limited, you have a legal duty of disclosure to AIA.