AIA Australia insurance
AIA is a part of the AIA Group that is established in 1919; the company established their first Australian office in Melbourne in 1972. Today, AIA Australia provides Total and Permanent Disablement (TPD) cover.
In 2021, AIA Australia paid $600 million in TPD claims for their members.
What does AIA Australia provide?
AIA Australia helps 3.8 million Australians with their life and health insurance needs including three main services below:
TPD
AIA Australia TPD insurance members may receive a lump sum benefit by way of making a tpd claim depending on their policy if they become
- unable to work or
- unable to perform domestic duties or
- total or partial disability that prevents them from performing daily activities.
Also, in the case of the permanent loss or use of one arm, one leg or sight in one eye, they may be eligible for lesser than $750,000 or 25% of their sum insured. (source) Our TPD Lawyers provide a free claim check by way of reaching out to your superfunds to check your eligibility by checking all the relevant policies and advise you if you are eligible based on your circumstances. If you are eligible to make a TPD claim then we will provide you with our No Win No Fee terms which provide you with confidence that costs are payable upon successful completion.
Income Protection
In addition to TPD Insurance, AIA Australia also offers their members income protection insurance to claim 70% of their income covered for a period of time if they are unable to work due to an injury or condition
Death/Terminal Illness Benefit
If the life-insured AIA Australia member dies before the expiry date of the benefit, the insurer will pay a death benefit of 6 times the insured monthly benefit up to $60,000.
AIA Australia TPD eligibility
Active AIA Australia Insurance members who become unable to work due to an injury or illness can be eligible to make a TPD claim. Since all cases are unique, all members must satisfy their relevant policy definitions, terms, and conditions. The general eligibility is that you are unable to work in any occupation that you are suited by education, training or experience. Contact our TPD lawyers for a free claim check.
Generally, the waiting period is a minimum of 3 months before making a TPD claim; however, having a specified medical condition that is assessed by a medical practitioner, can expedite the process.
If that’s the case, you can directly reach experienced TPD lawyers to clarify your eligibility.
How to make an AIA TPD claim
Depending on your condition and policy, you may be entitled to make a TPD claim. The legal process is different from claim to claim and the policy however generally it involves:
- gathering medical evidence from your GP and potentially other independent medical examiners
- providing your ID and evidence of education, training, and experience subject to it meeting the eligibility requirements
- collecting employment evidence and details of your cessation of employment including financial evidence such as payslips, tax returns etc subject to it meeting the eligibility requirements.
Withstand Lawyers has been helping thousands of Australians with their TPD claims. You can reach us for a free claim check to understand your entitlements and how to claim them.
What are the potential decisions?
Your claim can be accepted, deferred, or declined.
If it is accepted, you can receive our use of your lump sum payout as you wish. If it is deferred, you may need to wait for your medical condition to be stabilised.
If your claim is declined, you will get a written notification that includes the reason for the decision. In this case, you can contact our TPD lawyers to submit a formal complaint.
AIA TPD claim processing time
TPD claims do not have a specific duration time for superannuation claims. However successful claims are generally finalised within one year. The superfunds are required to provide regular updates on a monthly basis. From experience the stronger the evidence of your claim and the more likely you meet the eligibility requirements and have prepared your TPD claim well, the shorter the processing time.
AIA TPD claim processing time
According to AIA’s report in 2021, mental health, musculoskeletal, accidents, nervous system diseases and cancer are the 5 most common medical conditions that received TPD payout through AIA Australia Insurance.
Can I go back to work after an AIA TPD payout?
It is possible to go back to work even after receiving an AIA TPD payout. Normally claimants become eligible to receive a payout when they become unlikely to ever return to work
In 2021, the average age of AIA TPD claimants was 48, and in the same year, people between 28 and 65 made their claims. Regardless of their age, they can go back to work if they recover from their permanent disablement.
AIA TPD claim assist
At Withstand Lawyers, our TPD lawyers are dedicated to helping Australians to receive the benefits that they deserve. If you find yourself injured or ill which dramatically limited your ability to work, our TPD lawyers can assist you on a free claim check.
Our team is ready to listen to your story, and help collecting the necessary evidence including medical and employment documents.
Issa Rabaya
• Bachelor of Laws
• Graduate Diploma in Legal Practice
• Approved Legal Service Provider to the Work Cover Independent Review Office
• Member of the Law Society
