AAMI Life’s Financial Hardship policy

We encourage any customers facing financial difficulty to contact the AAMI Life team on 1300 407 322.

AAMI Life Customers on Claim

To our ensure our claims managers can provide you with the best possible support while you are on claim, AAMI Life has identified further support where COVID-19 may affect the management of your claim, including:

• Establishing a dedicated team of experts across our Claims and Health Services functions to develop practical claims solutions.
• We understand that some customers may find it difficult to collect certain information required to process or assess their claim, either due to social distancing, self-isolation or other matters, so we will continue to listen, and be flexible and pragmatic in our approach.
• For income protection claims where we know a customer’s medical condition or incapacity is likely to continue in the short term, our team has started to schedule benefit payments up to the next three months. Depending on your claim and circumstances, we may be able to schedule future income protection payments, within the limitations of your policy, to ensure you receive benefits in advance and on time.

We encourage you to speak with your claims manager who will be able to assist you with any concerns you may have regarding your claim.  Our claims managers are here to support you.

Support for Existing AAMI Life Customers

It is important to understand that our Life and Income Protection policies come with a grace period or period of extended cover when customers miss a premium payment.  Generally, your insurance cover continues for at least 30 days if you miss a premium payment.  So don’t worry if you have missed a premium payment recently, you are still covered for at least 30 days depending on your individual policy.

If you are an existing customer and having difficulty in making premium payments on your policy then AAMI Life can offer a range of options to provide you with support to maintain your policy.

AAMI Life Insurance products, other than in some circumstances the Redundancy Benefit, are provided by TAL Life Limited ABN 70 050 109 450 AFSL 237848 (TAL Life) which is part of the TAL Dai-ichi Life Australia Pty Limited ABN 97 150 070 483 group of companies (TAL). TAL companies are not a part of the Suncorp Group. TAL companies use the AAMI brand under licence from the Suncorp Group.

Suncorp Group is a distributor of products issued by TAL Life. The different entities of TAL and the Suncorp group of companies are not responsible for, or liable in respect of, products and services provided by the other.

References to ‘AAMI Life’, ‘we’, ‘our’, ‘us’, in this policy are references to TAL Life.