AIA New Zealand vs Asteron Life

Mechanical comparison from each insurer's policy wording.

Snapshot 2026-05-20T08:21:45.034Z.

AIA New Zealand

AIA Living Business Life Cover

Wording v2023-10-10

Also from AIA New Zealand: AIA Living Personal Life Cover

Asteron Life

Asteron Life Complete – Life CoverBrochure

Wording v2024-10-14

Source captured 19 months ago.

Premium structure

AIA New Zealand

Premiums can be converted from the premium type shown in the schedule to a Level premium structure at any time via the Premium Conversion Facility, or converted between Level premium structures. No medical evidence is required at conversion. Premiums for any Optional Business Safeguard Facility increase are calculated on rates applicable at the time the Facility is used. Each increase requires an increase in premium.

Asteron Life

not on file

Full cross-market comparison: /topics/premium-structure-stepped-vs-level

Terminal illness benefit

AIA New Zealand

not on file

Asteron Life

You can apply to receive your Life Cover payment straight away if you're given less than 12 months to live. We normally pay this within seven days after you place a claim with us.

Full cross-market comparison: /topics/terminal-illness-benefit

Funeral advance

AIA New Zealand

not on file

Asteron Life

We will make an advance payment of $15,000 or $25,000 from your Life Cover when a life insurance claim is accepted. This pays for immediate expenses such as a funeral.

Full cross-market comparison: /topics/funeral-advance-benefit

Suicide exclusion period

AIA New Zealand

13 months from the risk commencement date or, if cover under this appendix has been reinstated, the date of reinstatement. This exclusion applies to any subsequent benefit increase.

Asteron Life

not on file

Full cross-market comparison: /topics/suicide-exclusion-period

We don't publish a hardcoded premium comparison table. Real premiums depend on individual underwriting at quote time (age, sex, smoker, occupation, health history, sum-insured + term). Quote with each insurer directly via their provider page.

Provider pages

Find the right policy

Use /find-my-policy to pick the scenarios that match you — we rank NZ life policies on aggregate clause-fit score.

Not personalised financial advice. Mechanical comparison from insurer-direct wordings. Quote with each insurer.