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
-
Yes. AIA ‘underwrites’ your ASB life insurance. Please contact them directly on 0800 272 543 to update your personal details.
-
Yes, you have from five to thirty days from the start of your policy to change your mind, depending on ...
-
With my ASB vehicle or boat insurance, will I be automatically covered if I sell it and get another?No. You will need to contact us to apply for a new insurance policy. If you have a loss to ...
-
ASB Insurance Managers spend every day helping ASB customers understand their protection needs and delivering tailored insurance solutions. An ASB ...
-
No, we don't offer a discount for having a house alarm, but it may impact your premium calculation. Find out ...
-
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 ...
-
We don't need to know if your tenant changes, however you need to ensure you continue to meet your obligations ...
-
Yes. You may need to increase the value of your boat insurance to ensure your new boat contents and any ...
