Life Insurance
Provides a lump sum payment if you were to pass away or are diagnosed with a terminal illness.
Short-term financial support, helping you continue daily life while recovering from an accident.
What is accidental injury cover and why do you need it?
Experiencing an accidental injury can have an immediate impact on your daily life and ability to do your job, whether you’re a builder, office worker, or a parent caring for children at home.
Accidental Injury Cover is an optional product that can be added to eligible AIA Living insurance products including; life, trauma, income protection or total permanent disablement insurance (minimum cover levels apply) for extra support.
If you have an accident and suffer one of the covered injuries, Accidental Injury Cover can provide temporary financial support as a lump sum payment. This payment can be used for whatever you need: covering treatment costs, getting taxis to work, hiring someone to help with children, or simply taking time off work to recover.
We understand that injuries can have varying recovery periods which may have different impact on your life, so we have created specified injury categories that offer varying amounts of cover to support you through your recovery. Refer to the table below for the specified injuries claimable from 26 April 2024.
Accidental Injury Cover only applies to injuries specifically covered under the 'specified injury categories' outlined in the table and in the policy wordings. All other injuries are not covered.
We are evolving our Accidental Injury Cover product offering to meet your needs. If you add Accidental Injury Cover to your AIA Living insurance from 26 April 2024, we will automatically switch you to our new Specified Accidental Injury Cover product upon its launch.
AIA Living Specified Accidental Injury Cover will provide exactly the same coverage as your AIA Living Accidental Injury Cover – with the addition of some extra claimable injury categories and an increase in payment amount for one injury category.
What injuries are covered for AIA Living Accidental Injury Cover^
Specified injury categories
What will we pay (lump sum)
Category A
Fracture of forearm, wrist
Fracture of hand (excluding fingers)
Fracture of thumb
Fracture of ankle, heel, fracture of leg below the knee (tibia or fibula)
Fracture of foot (excluding toes)
Fracture of big toe
Amputation of any finger (including thumb) or big toe
One times the monthly benefit amount
Category B
Fracture of upper arm, elbow, shoulder
Fracture of kneecap
Injury that results in a tear of the shoulder or knee that results in surgery under general anaesthesia
Two times the monthly benefit amount
Category C
Fracture of leg above the knee (femur)
Three times the monthly benefit amount
Category D
Amputation of the thumb and index finger of the same hand
Three times the monthly benefit amount
Category E
Amputation or Permanent total loss of function of a foot or hand
Amputation or permanent total loss of function of one or more limbs
Permanent total paralysis
Permanent total blindness
Permanent total loss of hearing
Twelve times the monthly benefit amount
AIA Living Accidental Injury Cover is not available with Private Health, Private Health Plus and Start-Up Income Protection.
^This is a summary only. For all terms, conditions, limits and exclusions, please read the policy wording.
View frequently asked questions about AIA Living Accidental Injury Cover
The payment you receive will be a lump sum payment, which is calculated using your selected monthly benefit amount multiplied by the amount payable for the injury as set out in the table. You can choose a monthly benefit amount up to $5,000.
For example: While walking her dog, Beth trips and falls on her knee onto the concrete footpath. She heads to the emergency clinic where an x-ray confirms she has fractured her kneecap.
Beth has selected $5,000 as her monthly benefit amount. With a fractured kneecap injury, Beth will receive a claim payment of $10,000 ($5,000 x 2 months).
Yes, there are minimum amounts that apply if you want to add Accidental Injury Cover as an optional product to your eligible AIA Living insurance products. These are the following:
If these minimum amounts are not met, whether at the start of the Accidental Injury Cover or at a later date, you will not be eligible to hold Accidental Injury Cover.
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.
A note on exclusions and benefits
This insurance (including the built-in and optional benefits) is subject to 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.