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Need help working out what insurance is right for you? Our team can give you personalised advice.
Key benefits of ASB Total Permanent Disability Insurance
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ASB Total Permanent Disability Insurance is paid out if you become totally permanently disabled and cannot work. It's a lump sum payment that can help cover costs such as medical treatments or employing a caregiver.
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Access up to $15,000 to help modify your home or vehicle or buy specialist medical equipment to help adjust to your new circumstances.
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Under certain circumstances (such as loss of sight in an eye) you may be eligible to lesser of 25% of the sum assured or $100,000 under the Partial Permanent Disablement Benefit.
Get rewarded for your healthy choices
When you take out a life or health insurance policy with ASB you can join AIA Vitality - the science backed health and wellbeing programme that rewards your healthy choices.
- Earn up to $560 in Woolworths vouchers or Airpoints Dollars each membership year.
- Join Les Mills for free and save up to 50% on a membership (discount + cashback) & enjoy discounts from other leading brands.
- When you join AIA Vitality you receive an initial 10% premium discount on your eligible insurance policies.
Already have life or health insurance with us? Call us on 0800 200 252 to join AIA Vitality.
AIA Vitality is available with eligible ASB Insurance policies and has a monthly membership fee of $11.50 (including GST).
Why ASB?
Partnership with AIA
Harnessing the global expertise of AIA - our underwriter, to help you get comprehensive protection sorted.
Personalised advice
Our team of local ASB insurance advisers help review your needs, tailoring a solution with you.
Multi-benefit discount
Save up to 15% off your premiums when you take out multiple eligible policies.
What's included?
Total Permanent Disablement Benefit pays a lump sum if you become permanently disabled and are unable to work as a result of accident or illness. There are two types available with this insurance.
Own Occupation
This option pays a lump sum if it becomes unlikely that you'll ever be able to work in the specific occupation you were involved in immediately prior to incapacitation.
Any Occupation
This option pays a lump sum if you become so incapacitated that it's unlikely you'll ever be able to work, in any occupation for which you are reasonably suited by education, training or experience, and which would pay remuneration greater than 25% of your pre-disability earnings during your last 12 months of work.
Assistance Benefit
Partial Permanent Disablement Benefit
Waiver of Total Permanent Disablement Waiting Period
Total Permanent Disablement Future Insurability Benefit
Financial and Legal Advice Benefit
Special Events Increase Facility
Counselling Benefit
Suspension of Cover Benefit
Get started today
Talk to one of our advisers who can help you put together a life insurance plan that will best suit you and your situation.
Get in touch through our online enquiry form and we'll call you back at a time that suits you.
Call us on 0800 200 252 between 8:00am - 5:00pm Monday to Friday.
Our qualified insurance advisers will help you mix and match the best insurance options to suit your needs
As a trusted life and income insurance provider, we have a team of qualified insurance advisers who can provide you with guidance and advice that's specific to your needs.
Having this guidance means ASB's Lifestyle Security Plan will be tailored to your situation, with a combination of solutions to get the life insurance cover you and your loved ones need.
Life insurance
Income protection
Trauma cover
Total permanent disability
Health insurance
Get a tailored quote for your needs.
The availability of insurance cover is subject to your application being approved. All applications are subject to individual consideration. Special conditions, exclusions or premiums 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 ASB Bank Limited. This insurance is underwritten by AIA New Zealand Limited ("AIA").