Business & Rural Insurance

There are different types of business insurance.

Business interruption insurance is a type of business insurance that is connected to physical loss of business assets. 

 However, AIA’s offers business insurance that provides payments if you or a key person becomes seriously ill, injured or dies .   

Please speak to your insurance adviser for more information and to discuss your needs.

AIA provides the following business insurance options:

Start-Up Income Protection – supports new business owners with monthly payments of an amount agreed at the time of purchase your policy.

Business Continuity – provides established businesses with monthly payments if you or any key employees suffer an illness or injury that means they are unable to work.

Other business insurance – Life Cover; Total Permanent Disablement Cover; Critical Conditions Cover; Progressive Care Cover.

Our rural continuity insurance is specific to your industry, but we also have a suite of insurances across life, trauma, total permanent disablement that can be taken out for business or personal purposes depending on your needs. These offer a range of options that provide either monthly payments or a lump sum payment in the event you or a key person becomes seriously ill, injured or dies. It can help with keeping your farm or share milking business running.

To find out more about AIA’s Private Health Insurance cover, please speak with your insurance adviser or request an adviser call.

No. The ACC payments you receive or are entitled to receive will not impact business continuity payments.

At the time of application for Rural Continuity, you choose whether your payment is reduced by the amount of ACC payments you receive or are entitled to receive. Electing to offset ACC payments can reduce your premiums.

This is the length of time between you suffering from an illness or injury that results in you being unable to work and when you start receiving the benefit payments.

Choose from 4, 8 or 13 weeks.

The Policy Owner owns and controls the policy and is responsible for payment of premiums. The Life Assured is the person who has been insured under the policy. To make any changes to a policy we require written authority from the Policy Owner.