AIA Australia

About AIA Australia

AIA is Australia’s 2nd largest insurer and has been operating in Australia for over 50 years. AIA is a leader in supporting its customers overall wellbeing with its renowned AIA Vitality program.

AIA is generally competitive when customers choose to bundle Private Health cover with their Life Insurance and also engage in the AIA Vitality program.

Insurers’ Claims Acceptance Rates

This data ranges from 1st January 2023 to 31st December 2023 and are sourced from Income Protection claims where policies were purchased through an adviser channel.

1
NobleOak | NEOS
97.4% claims accepted
2
MLC | Encompass
96.9% claims accepted
3
AIA Australia
95.6% claims accepted
4
ClearView
95.1% claims accepted
5
Zurich | OnePath
94.1% claims accepted
6
TAL | BT
93.7% claims accepted
7
MetLife Insurance
Paid $607m in claims

Claims Paid By AIA

In 2023, AIA paid a total of $2.3bn in claims which averages out to over $46 million per week. Income Protection was the most common claimed benefit. The leading causes of claims were:

Cancer

Mental Health

Musculoskeletal

Insurance Products By AIA

Life Insurance
Income Protection
TPD Insurance
Critical Illness Insurance

Discounts Offered By AIA

AIA Australia offers various discounts to encourage healthy living and comprehensive coverage.

AIA Vitality
Track and improve your health and be rewarded with rewards. These include:
  • Gym and wellness centre discounts
  • Up to 50% cashback on eligible international flights
  • Up to 50% off spa, beauty and movie gift cards
  • Discounts at Woolworths, Rebel Sports, Myer, and Uber
Compare AIA with other Insurance Companies

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Want to learn more about AIA?

To learn more about AIA Australia and explore their comprehensive insurance solutions, you can review their Product Disclosure Statements (PDS).

Review PDS