AIA Australia today announced a number of enhancements to its top-selling Priority Protection product.
The company has also announced a range of discounts associated with the product.
It said that clients could now access a 12.5 per cent discount for lump sum policies purchased with AIA Vitality, up from 7.5 per cent and, in addition, a discount of 12.5 per cent had also been introduced on eligible lump sum benefits when lump sum cover and income protection are purchased together.
It said that, additionally, product enhancements were made to AIA Australia’s Total Permanent Disability (TPD) Maximiser and IP products.
AIA Australia chief retail insurance officer, Pina Sciarrone, said new Priority Protection enhancements were part of AIA Australia’s regular review process to ensure their product range reflected the changing needs of Australian life insurance customers and their advisers.
