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").
Related Answers
-
Having life insurance means that if you pass away, a sum of money can be paid to your dependants, or ...
-
Yes. AIA ‘underwrites’ your ASB life insurance. Please contact them directly on 0800 272 543 to update your personal details.
-
Yes, you have a Free Look period during which you can decide whether you wish to continue with your life ...
-
No. You will need to contact us to apply for a new boat insurance policy.
-
Yes. ASB Insurance Managers spend every day helping ASB customers understand their protection needs and delivering tailored insurance solutions. An ...
-
Yes you do. Just make sure the alarm system has been professionally installed, is tested regularly, maintained in good working ...
-
When something happens and you need to make a claim, get in touch with the relevant claims advisory team immediately. ...
-
We aren’t able to send you a summary of what you’ve paid but we can send you a copy of ...
-
To discuss upgrading your cover, call ASB on 0800 200 252. To update your contact details, call AIA on 0800 ...
-
Provided we already know your property is a rental, you don’t need to tell us if your tenant changes. There ...