Serious Illness Cover

Serious Illness Cover

Protection that supports you and your family by paying a tax-free lump sum if you have a heart attack or stroke, are diagnosed with cancer, or become seriously incapacitated (as defined under the policy).

From $7.22/week

Based on $100,000 cover for a 40-year-old female AA Member who is a non-smoker.

Premiums can be paid fortnightly, monthly, quarterly, half-yearly or annually.

Cover up to $1 million
No medical examinations or reports required when you apply
5% AA Member discount^*

Dad holding his young daughter and stuffed animal

Who might this be for?

You want peace of mind knowing you and your family have financial support if a serious illness (as defined under the policy) occurs.
You want cover that can support medical treatment or rehabilitation to help in your recovery.

How to apply

Choose your cover amount.
Get an online quote in around 2 minutes
When you're ready, apply, with no medical exam needed for application

What's included?

You can use Serious Illness Cover (sometimes referred to as 'trauma' or 'critical condition' cover) for treatment costs, time off work, rehabilitation, mortgage payments, or anything else that helps you focus on your recovery. 

A tax-free lump sum is paid if you have a heart attack or stroke, are diagnosed with cancer, or become seriously incapacitated (as defined under the policy).

If you’re diagnosed with certain types of early-stage cancer for the first time, we’ll make a partial lump sum payment of 20% of your cover amount (up to $100,000) helping you manage costs early on. We’ll only pay the Early-Stage Cancer Benefit once for this cover. If we pay the Early-Stage Cancer Benefit, that amount will be deducted from your Serious Illness Cover. Your premiums will be reduced to reflect the new, lower cover amount.

Your cover amount increases each year on your policy anniversary by either 2% or the Consumer Price Index (CPI) — whichever is higher, up to the cover limit (unless you tell us that you don't want your cover to be adjusted before your policy anniversary date).

If you’re experiencing financial hardship, unemployment or bankruptcy (as set out in the policy) you can apply for a premium holiday for up to six months and keep your policy in place. You'll still be covered while you're on the premium holiday.

PLUS, free access to Connected Care

As an AA Life Insurance policyholder, you receive complimentary access to AA Life Insurance Connected Care – a virtual health and wellbeing service. It connects you and eligible family members with New Zealand GPs, global medical specialists, mental-health professionals and more. Whether you need a quick GP consultation, a second opinion, or wellbeing guidance, AA Life Insurance Connected Care is another way we help you focus on life’s precious moments.

Things you should know

You need to be aged 18–59 and in New Zealand when you apply, a New Zealand citizen, resident, or hold a valid visa for at least the next 12 months. Cover stays in place until your 70th birthday.
You must survive 14 days after the defined diagnosis, and you must not have had any signs, symptoms or diagnosis of cancer, early-stage cancer, heart attack or stroke in the 90 days after your cover starts (or restarts). Claims directly or indirectly caused by an intentional self-inflicted act are not covered.
You can apply online, at an AA Centre, or over the phone with our friendly New Zealand based team.
There's a 30 day no-obligation period - if you change your mind during this time, 100% of the premiums you've paid will be refunded, provided you have not made any claims.

Understanding what your policy covers

Please read the policy wording so you understand what is and isn’t covered, the benefits, your responsibilities as the policy owner, cover limits and exclusions. 

You may want to also consider

Mum and son standing in backyard smiling

Life Cover

Protects your loved ones by paying them a lump sum if you die or are diagnosed with a terminal illness (as defined under the policy), so they have financial support when they need it most.

Mum holding baby in kitchen

Income Protection Cover:

Regular monthly financial support for you and your loved ones if illness or injury stops you from working.

Have a question?

Please check out our frequently asked questions, give one of our friendly New Zealand-based team a call on 0800 AA LIFE Monday to Friday 8.30am - 5pm, or pop into one of our AA Centres to speak to a consultant.

You may see this type of cover called serious illness, trauma, or critical condition cover. What’s covered varies from one policy to another.

AA Life Insurance Serious Illness Cover pays a lump sum if the person insured is diagnosed with certain defined serious illnesses from the policy wording, including cancer, early-stage cancer, has a heart attack or stroke, or becomes seriously incapacitated. This money can be used for treatment costs, time off work, rehabilitation, mortgage payments, or anything else that helps them focus on their recovery. 

Why choose AA Life Insurance

We’ve been helping New Zealanders take care of what matters for over a century, on the road, and in life.

roundel 5% AA Member discount

roundel 99.4% of claims paid out

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PZ AA Life

Our insurance partner 

AA Life Insurance policies are distributed by the New Zealand Automobile Association (Incorporated) (AA) and provided and underwritten by Asteron Life Limited. You should consider the appropriate policy wording before making any decisions about any policy you decide to purchase. Terms and Conditions, Limits and Exclusions apply

Financial strength rating 

Asteron Life Limited has been given an  "A+" (Strong) financial strength rating by Fitch Australia Pty Ltd (Fitch), an approved ratings agency. The scale that this rating forms part of is available for viewing at Asteron Life Limited's New Zealand offices.

Financial advice 

Our website provides general information about our products and services to help you make choices when it comes to protecting the things in life that really matter. The information doesn’t take into account your specific financial situation, needs or goals and is not intended to be financial advice.

If you'd like to receive financial advice, you can get professional advice from a financial adviser.

More information

Terms and conditions

Complaint process

^*_{Provide a valid AA Membership number at time of purchase. Discount applies to the total premium.}

_{The information on this page refers to the currently on sale product.}