Multi-Benefit Discount
It's important to protect you and your family's lifestyle and future. The ASB Lifestyle Security Plan can give you comprehensive insurance cover to meet your needs and is available through an ASB Insurance Manager.
With the Multi-Benefit Discount, you can save on premiums while you protect what matters most.
What is a Multi-Benefit Discount?
The Multi-Benefit Discount is one way to help make insurance more affordable for you and your family and could save you up to 15% on your ASB Lifestyle Security Plan.
The Multi-Benefit Discount applies to your ASB Lifestyle Security Plan if:
- You're insured for at least $100,000 in life insurance, and
- You have one or more eligible additional benefits.
The Multi-Benefit Discount only applies to policy quotes dated on or after 5 August 2019.
How do you receive a Multi-Benefit Discount?
Your ASB Lifestyle Security Plan must have one or more benefits from the compulsory life insurance benefits category below.
If you add one or more other benefits from the additional benefits category below, you qualify for a Multi-Benefit Discount.
|
|
Benefits available
|
Minimum sum assured
|
|---|---|---|
|
Compulsory life insurance benefits category
|
Term Life Benefit
Family Protection Benefit* Accidental Death Benefit |
$100,000
|
|
Additional benefits category
|
Critical Conditions Benefit
Total Permanent Disablement Benefit Income Protection Benefit Mortgage and Income Protection Benefit |
$75,000
$75,000 $2,000 per month $2,000 per month |
* When converted to a lump sum amount over the entire benefit term.
The Multi-Benefit Discount applies to the benefits under ASB Lifestyle Security Plan policies, Start Up Income Protection and AIA Living policies. For full details please see the Multi-Benefit Discount terms and conditions.
Your ASB Lifestyle Security Plan
When you take up new policies with ASB, we'll take into consideration eligible existing insurance you have with us to see if you qualify for the Multi-Benefit Discount. If you're eligible for the discount, this will then be applied to your new policies premium only.
Would you like to apply for ASB Lifestyle Security Plan or review your insurance cover as your circumstances may have changed? An ASB Insurance Manager can find the ideal combination of cover for you and your family.
Apply for ASB Lifestyle Security Plan insurance
Ready to get started?
An ASB Insurance Manager can help you to identify what you need and advise on a solution.
Visit a branch
Visit us at one of our many branches across New Zealand to book an appointment with an ASB Insurance Manager.
