AIA Living Health Insurance - Private Health

On 5th August 2019, New Zealand insurance company Sovereign was officially incorporated into AIA Group. AIA products were upgraded from that day. AIA Living Health insurance fully covers your medical costs in New Zealand, helping you to choose the best treatments and medicines.

What does AIA Private Health cover:

• Inpatient treatment costs including surgeon fees - Unlimited
• Access to pre and post-surgery support services like consultations, physiotherapy and prescription drugs - Unlimited
• Cancer Treatment - Maximum annual insurance coverage of $500,000 for cancer treatment. Covers both surgical and non-surgical costs
• Medical Hospitalisation Costs - $500,000 per policy year
• Major Diagnostic Imaging and Tests - $200,00 per policy year
• Voluntary treatment overseas -75% of the reasonable charges payable in New Zealand
  
  

Why do we need Health Insurance In New Zealand?

With Health Insurance, you can say:

"I don't want to wait, I want the best treatment, I want the best equipment, I want the best medicine!"

According to statistics, the waiting time for patients undergoing surgery through private hospitals is 101 days less than the public hospitals in New Zealand! What does 101 day mean? This means that if you line up and wait, cancer may turn from Phase II to Phase III!

For example, the treatment of cancer in New Zealand public hospitals is still based on chemotherapy and radiotherapy. But nowadays, target drugs, proton therapy, and immunotherapy have become more and more popular. These therapies are efficient but not subsidized, and they cost a lot!

On the other hand, if you want to get imported drugs, patented drugs, you have to pay for your own.

AIA Group is the largest life insurance company in the world, with a presence in 18 markets across Asia Pacific. AIA New Zealand Limited is part of the AIA Group and has been providing insurance to New Zealanders since 1981.Also, AIA Group acquired New Zealand's largest life insurance company - Sovereign in 2018. As a company with 100 years of history, AIA have a strong, competitive market offering of personal and business insurance products designed for the Kiwi lifestyle. It is also a company with the highest financial rating.