About Good Returns  |  Advertise  |  Contact Us  |  Terms & Conditions  |  RSS Feeds Other Sites:   tmmonline.nz  |   landlords.co.nz
Last Article Uploaded: Monday, March 25th, 11:35PM
rss
Sponsored Content

AIA + Sovereign + You: Championing a healthier, better protected NZ

As we all know, New Zealanders are under-insured, particularly in terms of personal risk insurance.

Wednesday, December 12th 2018, 1:58PM

In early September the Commission for Financial Capability reported that New Zealanders only spend 2.5 per cent of GDP on insurance, compared to the OECD average of 8.4 per cent - and only 15 per cent of New Zealanders have income insurance (1)

AIA and Sovereign combined is the largest life insurer in New Zealand, and we are uniquely positioned, as a provider, to work with advisers to finally address the long-running national issue of under-insurance. One of the key goals of the acquisition of Sovereign Insurance was to help New Zealand become one of the healthiest and best-protected nations in the world. Reflecting that commitment, AIA and Sovereign have already begun rolling out initiatives to support the health and well being of New Zealanders, in line with the companies’ common health philosophies.

AIA and Sovereign’s New Zealand’s Healthiest Schools Challenge kicked off in term four, inspiring 55,000 children to think about health and wellness, while also having fun. By taking part in activities in the real world, kids traveled through a virtual global adventure, learning to make healthier choices as they went. Participating schools were able to win a share of $50,000 worth of AIA and Sovereign sports grants, as well as the chance to host visits from Healthiest Schools Challenge Ambassador and former All Black Cory Jane, and Ambassador and former Black Stick Gemma McCaw. See healthiestschools.co.nz for more information. 

Helping Kiwis live healthier, longer, better lives is why we will be introducing AIA Vitality in New Zealand in the near future. AIA Vitality is a world-leading, science-backed wellness programme that encourages people to look after their health and well being, while benefiting from lower premiums and other rewards. AIA Vitality is already in 10 markets (including Australia), has over 900,000 members around the world, and will be launched in New Zealand next year. AIA Vitality seeks to change the conversation around life insurance and New Zealanders' lifestyle choices, in general, from ‘what if something happens?’ to ‘how can I improve my health, wellness and well being?’

We are confident that AIA Vitality will be the game-changer that is needed to help put personal risk insurance, and health and wellness, at the forefront of Kiwis' minds. But to help close that insurance gap, we’re also introducing the chance to earn a holiday, or some shopping time, into the mix. AIA and Sovereign have partnered with Air New Zealand to become the exclusive ‘personal risk’ insurance partners for Airpoints™. AIA and Sovereign customers with qualifying products can earn Airpoints Dollars™ to get away, book flights, and hire cars; spend their Airpoints Dollars on a wide range of products and services (including spa days) through the Airpoints Store, or donate to charity.

For AIA clients visit www.aia.co.nz/airpoints
For Sovereign clients visit www.sovereign.co.nz/airpoints

One of the many reasons the team at AIA felt that the purchase of Sovereign made sense was the commonality between the companies’ respective philosophies. AIA‘s overarching goal is to ‘do the right thing, in the right way, with the right people — and the right results will come.’ That philosophy drives everything the company does, and is evident in both companies’ approach to rehabilitation and return to work support. Working closely with customers and trusted treatment providers, AIA and Sovereign case managers develop an outcome-focused and optimum rehabilitation strategy for each claim. The goal is to get customers back to their ‘normal,’ by helping customers achieve the highest possible level of readiness for a return to work, independence, and quality of life.

Together, AIA and Sovereign are entirely focused on working with our partners to help New Zealanders live healthier, longer, better lives. By leveraging our combined strength, and innovative solutions like AIA Vitality, we are excited and proud to have been able to start that work already. Over the next few months expect even greater things to come. Going forward we will also be operating under the AIA brand which will be rolled out and completed in 2019.

 

References
1. CFFC: Kiwis’ ‘she’ll be right’ attitude to insurance could backfire 03-09-2018

Tags: AIA Sponsored Content

« Partners Life beats its own targetsNot acceptable that ACC doesn't cover illness: OECD »
Commenting is closed

 

print

Printable version  

print

Email to a friend
News Bites
Latest Comments
Subscribe Now

Cover Notes - Specific news aimed at risk advisers

Previous News

MORE NEWS»

Most Commented On
Mortgage Rates Table

Full Rates Table | Compare Rates

Lender Flt 1yr 2yr 3yr
ANZ 5.79 4.55 ▼4.49 4.99
ANZ Special - 4.05 ▼3.99 4.49
ASB Bank 5.80 4.45 ▼4.49 4.89
ASB Bank Special - 4.05 ▼3.99 4.49
BNZ - Mortgage One 6.50 - - -
BNZ - Rapid Repay 5.95 - - -
BNZ - Special - 4.05 ▼3.99 4.49
BNZ - Std, FlyBuys 5.90 4.69 ▼4.59 4.99
BNZ - TotalMoney 5.90 - - -
Credit Union Auckland 6.70 - - -
Credit Union Baywide 6.15 5.20 5.25 -
Lender Flt 1yr 2yr 3yr
Credit Union North 6.45 - - -
Credit Union South 6.45 - - -
Finance Direct - - - -
First Credit Union 5.85 - - -
Heartland 6.70 7.00 7.25 7.85
Heartland Bank - Online - - - -
Heretaunga Building Society 5.75 4.70 4.85 -
Housing NZ Corp 5.80 4.69 4.79 4.79
HSBC Premier 5.89 3.99 3.99 4.39
HSBC Premier LVR > 80% - - - -
HSBC Special - 3.69 3.95 3.95
Lender Flt 1yr 2yr 3yr
ICBC 5.80 4.59 4.69 5.09
Kiwibank 5.80 4.80 4.94 5.24
Kiwibank - Capped - - - -
Kiwibank - Offset 5.80 - - -
Kiwibank Special - 4.05 3.99 4.49
Liberty 5.69 - - -
Napier Building Society - - - -
Nelson Building Society 6.10 5.10 5.45 -
Resimac 5.30 4.86 4.94 5.30
RESIMAC Special - - - -
SBS Bank 5.89 4.85 5.05 5.49
Lender Flt 1yr 2yr 3yr
SBS Bank Special - 4.05 4.29 4.49
Sovereign 5.90 4.45 ▼4.49 4.89
Sovereign Special - 4.05 ▼3.99 4.49
The Co-operative Bank - Owner Occ 5.75 4.10 4.29 4.49
The Co-operative Bank - Standard 5.75 4.00 4.79 4.99
TSB Bank 5.80 4.55 4.69 4.99
TSB Special - 4.05 4.19 4.49
Wairarapa Building Society 5.70 4.85 4.99 -
Westpac 5.95 4.69 4.79 5.19
Westpac - Offset 5.95 - - -
Westpac Special - 4.05 ▼3.99 4.59
Median 5.89 4.50 4.54 4.84

Last updated: 26 March 2019 5:00am

News Quiz

The maximum remuneration model for Australian life insurance advisers is to be set at what?

Upfront 40% + trail 20%

Upfront 50% + trail 10%

Upfront 50% + trail 20%

Upfront 60% + trail 10%

Upfront 60% + trail 20%

MORE QUIZZES »

About Us  |  Advertise  |  Contact Us  |  Terms & Conditions  |  Privacy Policy  |  RSS Feeds  |  Letters  |  Archive  |  Toolbox
 
Site by Web Developer and eyelovedesign.com