What are the buyback options on my Life and Critical Conditions?
These are optional benefits which you can add to your policy. They let you maintain the level of your Life and/or Critical Conditions Benefit by reinstating the benefit amount following a claim on accelerated life or Critical Conditions Benefit cover. You can do this without having to provide further medical information (a 12-month survival period applies and certain exclusions apply for any conditions that are related to the condition originally claimed for).
For more information contact an ASB Insurance Manager.
The availability of insurance cover is subject to your application being approved. All applications are subject to individual consideration. Special conditions, exclusions or premium loadings may apply. An excess may apply for health insurance policies. For full details refer to the Policy Document which is available on request from any ASB branch. ASB life, health and disability insurance is underwritten by AIA New Zealand Limited (“AIA").
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