Escolar Documentos
Profissional Documentos
Cultura Documentos
AU
Who issues Priority Protection?
This Product Disclosure Statement (PDS) describes the main features of six separate insurance plans;
Life Cover Plan,
Crisis Recovery Stand Alone Plan,
Income Protection Plan,
Business Expenses Plan,
Superannuation Life Cover Plan (when acquired by a trustee of a superannuation fund) and
Superannuation Income Protection Plan (when acquired by a trustee of a superannuation fund).
The Life Cover Plan, Crisis Recovery Stand Alone Plan, Income Protection Plan and Business Expenses Plan (Ordinary Plans) are benefts under a life insurance
policy issued by AIA Australia Limited (ABN 79 004 837 861 AFSL 230043) (AIA Australia) to the policy owner. The Superannuation Life Cover Plan and Superannuation
Income Protection Plan (Superannuation Plans) are benefts under a separate life insurance policy (issued by AIA Australia to the trustee of your self managed
superannuation fund or, when issued through the AIA Superannuation Fund, ABN 78 757 377 348 (the Fund), is owned by CCSL Limited, ABN 51 104 967 964,
AFS Licence No. 287084, (Trustee) as the trustee of the Fund. The Trustee is the issuer of a risk-only superannuation product with benefts referable solely to the
Superannuation Life Cover Plan and the Superannuation Income Protection Plan. The Trustee is located at Level 16, 114 William Street, Melbourne Australia 3000,
Phone (03) 9616 8600.
This document should be read before making a decision to acquire any of the above Plans. It is intended to help you decide whether the Plans will meet your needs and
to compare them with other products you may be considering.
This PDS covers both the insurance products issued by AIA Australia and, where the Superannuation Life Cover Plan or Superannuation Income Protection Plan is issued
through the AIA Superannuation Fund, the risk-only superannuation product issued by the Trustee. AIA Australia and the Trustee each takes full responsibility for the
entirety of this Product Disclosure Statement.
This PDS may be updated or replaced at any time, and you can obtain a copy of the current version on request, free of charge, by calling AIA Australia on 1800 333 613.
Changes that are not materially adverse will be updated and made available to you at www.aia.com.au. You will be advised of material changes or signifcant events as
required by law.
Priority Protection is only available to persons receiving the offer and making an application in Australia or the Trustee. It is not an offer, invitation or recommendation by
AIA Australia to invest in Priority Protection in any other jurisdiction. Applications from outside Australia will not be accepted. AIA Australia is also not bound to accept any
application.
This PDS has been prepared with the intention of providing you with important information about the Priority Protection product. Any fnancial product advice contained in
this PDS is of a general nature only and has been prepared without taking into account your objectives, fnancial situation or needs. Therefore, before making any decision
you should consider the appropriateness of the advice, having regard to your objectives, fnancial situation and needs. If you are deciding whether to acquire one or more
of these plans you should read this PDS before making your decision. Anyone making this PDS available to another person must provide them with the entire electronic
fle or printout. We will also provide a paper copy of the PDS on request without charge.
Please note: your cooling off rights and the external dispute resolution scheme to deal with any complaints about the product are different, depending on whether the
issuer of the product is AIA Australia or the Trustee. Further details can be found in the relevant sections of this PDS.
In this PDS (which includes the attached Application Form) any reference to:
Ordinary Plan means the Life Cover Plan, Crisis Recovery Stand Alone Plan, Income Protection Plan or Business Expenses Plan;
Priority Protection or Plans means all of the insurance plans referred to in this PDS unless otherwise specifed;
SMSF means a Self Managed Superannuation Fund;
Superannuation Plan means the Superannuation Life Cover Plan or Superannuation Income Protection Plan described in this PDS;
trustee means the trustee of an approved superannuation fund or the trustee of a SMSF as applicable;
we, us, our or the insurer means AIA Australia Limited except where reference is specifcally made to the Trustee as issuer of the risk-only superannuation product;
you means any potential customer likely to become the person insured unless otherwise specifed.
AIA.COM.AU
Customer Phone: 1800 333 613
Adviser Phone: 1800 033 490
A
I
A
5
7
v
1
1
5
/
1
2
Priority Protection
Product Disclosure Statement
Version 11, Issued 21 May 2012
Lifes better with the right partner
AIA.COM.AU
Who issues Priority Protection?
This Product Disclosure Statement (PDS) describes the main features of six separate insurance plans;
Life Cover Plan,
Crisis Recovery Stand Alone Plan,
Income Protection Plan,
Business Expenses Plan,
Superannuation Life Cover Plan (when acquired by a trustee of a superannuation fund) and
Superannuation Income Protection Plan (when acquired by a trustee of a superannuation fund).
The Life Cover Plan, Crisis Recovery Stand Alone Plan, Income Protection Plan and Business Expenses Plan (Ordinary Plans) are benefts under a life insurance
policy issued by AIA Australia Limited (ABN 79 004 837 861 AFSL 230043) (AIA Australia) to the policy owner. The Superannuation Life Cover Plan and Superannuation
Income Protection Plan (Superannuation Plans) are benefts under a separate life insurance policy (issued by AIA Australia to the trustee of your self managed
superannuation fund or, when issued through the AIA Superannuation Fund, ABN 78 757 377 348 (the Fund), is owned by CCSL Limited, ABN 51 104 967 964,
AFS Licence No. 287084, (Trustee) as the trustee of the Fund. The Trustee is the issuer of a risk-only superannuation product with benefts referable solely to the
Superannuation Life Cover Plan and the Superannuation Income Protection Plan. The Trustee is located at Level 16, 114 William Street, Melbourne Australia 3000,
Phone (03) 9616 8600.
This document should be read before making a decision to acquire any of the above Plans. It is intended to help you decide whether the Plans will meet your needs and
to compare them with other products you may be considering.
This PDS covers both the insurance products issued by AIA Australia and, where the Superannuation Life Cover Plan or Superannuation Income Protection Plan is issued
through the AIA Superannuation Fund, the risk-only superannuation product issued by the Trustee. AIA Australia and the Trustee each takes full responsibility for the
entirety of this Product Disclosure Statement.
This PDS may be updated or replaced at any time, and you can obtain a copy of the current version on request, free of charge, by calling AIA Australia on 1800 333 613.
Changes that are not materially adverse will be updated and made available to you at www.aia.com.au. You will be advised of material changes or signifcant events as
required by law.
Priority Protection is only available to persons receiving the offer and making an application in Australia or the Trustee. It is not an offer, invitation or recommendation by
AIA Australia to invest in Priority Protection in any other jurisdiction. Applications from outside Australia will not be accepted. AIA Australia is also not bound to accept any
application.
This PDS has been prepared with the intention of providing you with important information about the Priority Protection product. Any fnancial product advice contained in
this PDS is of a general nature only and has been prepared without taking into account your objectives, fnancial situation or needs. Therefore, before making any decision
you should consider the appropriateness of the advice, having regard to your objectives, fnancial situation and needs. If you are deciding whether to acquire one or more
of these plans you should read this PDS before making your decision. Anyone making this PDS available to another person must provide them with the entire electronic
fle or printout. We will also provide a paper copy of the PDS on request without charge.
Please note: your cooling off rights and the external dispute resolution scheme to deal with any complaints about the product are different, depending on whether the
issuer of the product is AIA Australia or the Trustee. Further details can be found in the relevant sections of this PDS.
In this PDS (which includes the attached Application Form) any reference to:
Ordinary Plan means the Life Cover Plan, Crisis Recovery Stand Alone Plan, Income Protection Plan or Business Expenses Plan;
Priority Protection or Plans means all of the insurance plans referred to in this PDS unless otherwise specifed;
SMSF means a Self Managed Superannuation Fund;
Superannuation Plan means the Superannuation Life Cover Plan or Superannuation Income Protection Plan described in this PDS;
trustee means the trustee of an approved superannuation fund or the trustee of a SMSF as applicable;
we, us, our or the insurer means AIA Australia Limited except where reference is specifcally made to the Trustee as issuer of the risk-only superannuation product;
you means any potential customer likely to become the person insured unless otherwise specifed.
AIA.COM.AU
Customer Phone: 1800 333 613
Adviser Phone: 1800 033 490
A
I
A
5
7
v
1
1
5
/
1
2
Priority Protection
Product Disclosure Statement
Version 11, Issued 21 May 2012
Lifes better with the right partner
Loss of Speech
Major Burns
Major Head Trauma
Major Organ Transplant*
Paraplegia
Quadriplegia
Viral Encephalitis
Coronary Events
Heart Attack*
Pulmonary Arterial
Hypertension (Primary)*
Stroke*
*Qualifying Period
The Complimentary Family Protection beneft is not payable if your
Child suffers a Crisis Event within three months of the beneft being
activated.
#
For Cancer
No payment for carcinoma-in-situ of any organ.
No payment for melanoma with a Breslow level <1 mm thickness
and less than Clark Level 3 in depth of invasion.
Loss of Speech
Major Burns
Major Head Trauma
Major Organ Transplant*
Paraplegia
Quadriplegia
Viral Encephalitis
Coronary Events
Heart Attack*
Pulmonary Arterial
Hypertension (Primary)*
Stroke*
*Qualifying Period
The Complimentary Family Protection beneft is not payable if your
Child suffers a Crisis Event within three months of the beneft being
activated.
#
For Cancer
No payment for carcinoma-in-situ of any organ.
No payment for melanoma with a Breslow level <1 mm thickness
and less than Clark Level 3 in depth of invasion.
3 3
Claim Escalation beneft
#
3 3
*Note: Special conditions apply to 2-year beneft period to age 70.
#
It is a requirement under superannuation legislation that you cannot receive more than 100 percent of your Pre-disablement Income from all sources.
Please refer to the claim offset clause on page 82.
5
/
1
2
N
e
w
p
h
o
t
o
t
o
b
e
u
s
e
d
w
h
e
n
f
n
a
lis
e
d
Priority Protection
Product Disclosure Statement
Version 11, Issued 18 May 2012