AIA introduce new $10,000 excess option

AIA has introduced a new $10,000 excess option for Private Health, making it live on 17 April. It will be live on Quotemonster at the end of next week, joining the range of $10,000 excess options already available. It’s a valuable tool to help manage costs for a client group that can typically manage a bill of $10,000 provided the insurer can stump up with the balance. With medical inflation running hot, this is a helpful additional option to offer clients struggling to afford retaining their cover as they age. Link: Policy Wordings and Enhancements Information