Life Insurance
Lump sum payment if you were to pass away or are diagnosed with a terminal illness.
Life can change in an instant, keep your family protected with Accidental Death Cover
What is AIA Living Accidental Death Cover?
Life can change in an instant. When the unexpected happens, the financial impact on your loved ones can add even more strain to an already devastating moment. AIA Accidental Death Cover provides a simple Life insurance option that pays a lump‑sum benefit if you pass away as the direct result of an accident and within 90 days of the accident.
This immediate support can help your family manage essential expenses and maintain financial stability when it matters most. Accidental Death Cover can also be paired with other types of personal insurance like Trauma or Income Protection, adding extra protection to strengthen your family's financial safety net.
Add AIA Vitality for $11.50 per month when you purchase accidental death insurance to receive:
Why get insurance advice?
Financial advisers combine knowledge of AIA’s insurance options with an in-depth understanding of your financial situation so you can feel informed and confident about your decision; whether that means applying for life, trauma, disability, or health insurance.
How you can save on Accidental Death Cover
Save up to 15% when you bundle life insurance and other eligible insurance products with our Multi-Benefit Discount. You can also add AIA Vitality to eligible products an additional 10% discount on your first year's premium. Then you’re in control of the discount you can receive through ongoing engagement with the AIA Vitality programme. Be sure to explore our latest promotions.
Ready to get started?
In 2024, we paid over $298 million in life insurance claims. Most of these claims were for those aged between 50-59.
Key Features of AIA Living Accidental Death Cover
AIA provides the flexibility to suspend your cover in certain circumstances for up to 12 months. Please note, no benefits will be payable for any claim event which occurs during the suspension period.
Whether you are at home, travelling or living overseas for any period, you remain insured.
Access up to $2,500 of financial support to cover the cost of a Psychiatrist or Psychologist consultation and counselling for you and/or your family where the treatment directly relates to a claim.
At claim time, we’ll compare your purchased policy with the latest policy wording for your product and apply the most favourable terms.
AIA Living Accidental Death benefits
Eligible age in years (inclusive)
16 to 60
Cover amount
Up to $500,000
Cover expiry
To age 65 years
Multi-Benefit Discount
Start saving when you take out life insurance and at least one other eligible insurance product. T&Cs apply.
Save up to 15% on your premiums when you buy multiple eligible insurance policies.
Can be added for $11.50 per month (16+)
AIA Vitality Premium Discount
Premium Flex rewards you with a discount on your insurance. The more engaged you are, the higher the discount. Conditions apply.
Receive a 10% discount in your first year, then you are in control of the discount you receive.
Built-in Benefits
Counselling
Financial support up to $2,500 to cover the cost of a Psychiatrist or Psychologist consultation and counselling for you and/or your family where the treatment directly relates to a claim.
Up to $2,500
Suspension of cover
AIA provides the flexibility to suspend your cover for up to 12 months. No benefits will be payable for any claim event which occurs during this suspension period.
Up to 12 months
Worldwide cover
Whether you’re at home, travelling or living overseas for any period, you remain insured.
Remain covered wherever you are
Enhancement pass back
At claim time, we’ll compare your purchased product’s policy wording with the latest version of that product’s policy wording and apply the most favourable wording for your claim. For more information visit aia.co.nz/passbacks.
Apply the most favourable wording for your claim.
Optional add-ons
Waiver of premium
We will waive your premium payments, while your insurance remains in place when you are unable to work due to total disability.
Premium payment waived
^This is a summary only. For all terms, conditions, limits and exclusions, please read the policy wording.
Get a quote in just 2 minutes to find out your life cover cost. If you have questions about comparing policies and selecting the best insurance cover, talk to an insurance adviser or apply online when you are ready.
Explore our other insurance products available to extend your cover, plus save with our Multi Benefit Discount.
View frequently asked questions about AIA Living Accidental Death Cover.
Accidental Death insurance is important because it provides a lumpsum payment to your family if you pass away due to a qualifying accident, giving them financial support during a sudden and difficult time.
Like other life insurance products, Accidental Death Insurance pays a lump sum to your family if you pass away. The difference is that this cover applies specifically to deaths caused by an accident, while Life Insurance covers death caused by illness as well as accident.This makes Accidental Death Cover a more affordable option.
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 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.
Terms and conditions apply
AIA Vitality is available with eligible AIA health or life insurance policies and has a monthly membership fee of $11.50 (including GST). For more details on Premium Flex we recommend you refer to the AIA Vitality Premium Adjustment Rules. Learn more about how you can earn an Apple Watch Series 11 (GPS)*. View the full AIA Vitality terms and conditions.
When you apply for insurance with AIA New Zealand Limited, you have a legal duty of disclosure to AIA.