Income Protection  

Life insurer AIA has added their income protection insurance Priority Protection Income Protection to adviser platforms (PortfolioCare, WealthView and PowerWrap).

AIA Australia’s General Manager – Life Insurance, Damien Mu, said the addition of Priority Protection to the new platforms would enable more advisers to purchase AIA Australia products through their preferred platform.

“Platforms are a rapidly growing business channel for advisers because of their functionality”, Mr. Mu said. “As a dedicated partnering specialist, it is important AIA Australia continues to innovate in this area and make it as easy as possible for our adviser partners to manage their clients’ policies.”

With over a third (39 per cent) of all risk business in Australia being written through platforms, securing effective partnerships with investment platforms will remain a priority for AIA Australia heading into 2014.

The Priority Protection Income Protection product benifits include

Receive a monthly payment of up to 75% of your pre-injury or illness income.

Income Protection – Lump Sum benefit

Claim Escalation

Advantage Optional

PLUS Optional

Day 1 Accident Carer’s Allowance

Retirement Optimiser

Income Protection Essentials

Business Expenses

More details on the product

Any advice that may have been given is general advice only, please be aware that we have not taken into consideration your needs, objectives or financial requirements. Before deciding to purchase a financial product you should consider the appropriate Product Disclosure Statement to ensure the product is suitable for your needs.
 

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