Summary of Enhancements

Summary of changes made to the Continuation Option provisions in AIA's Corporate Solutions products. This is intended as a guide only and is subject to the terms and conditions of the policy wordings.

Benefit Age Cessation Enhancments	Before Enhancement	After Enhancement
Life	Age 65	Age 75 or the scheme's benefit cessation age if lower
Total Permanent Disablement (TPD)	Age 65	Age 70 or the scheme's benefit cessation age if lower
Income Protection (IP)	Age 65	Age 70 or the scheme's benefit cessation age if lower
Critical Illness (CI)	Age 65	Age 70 or the scheme's benefit cessation age if lower
Extended Cover	Age 65	As per the applicable benefit(s)

Elgibility Scenario Enhancements	Before Enhancement	After Enhancement
Member leaves the service of the employer	Available (new employment criteria for TPD & IP)	Available, with no new employment criteria
Member is still employed but no longer meets eligibility criteria	Not Available	Available
Policy Owner removes a benefit entirely	Not Available	Available*
Policy Owner reduces the sum assured of a compulsory benefit	Not Available	Available for the reduction in the amount insured*
Scheme is terminated by the policy owner or AIA (except when transferred to another provider)	Not Available	Available
Member has previously claimed against TPD	Life Continuation Option - Not Available	Available for any remaining Life cover amount insured
Member has previously had a partial CI claim	CI Continuation Option - Not Available	Available for any remaining CI cover amount insured
Member is currently claiming or has previously claimed against IP	IP Continuation Option - Not Available	Available if the optional IP enhancement is taken

Optional Income Protection Enhancement

Most of the above enhancements will apply to all benefits, including IP. However, members will only be able to action the Continuation Option if they are currently claiming or have had a claim at any time against their IP cover, where the policy owner has selected to further enhance their scheme's IP Continuation Option provisions for an additional cost. When selected, the benefit payment period under the new individual retail policy will be reduced by any claim period that has already been paid to the member under the Corporate Solutions policy for the same or a related illness or injury. They will be able to claim the full benefit period for any new illness or injury.

*if a benefit is accelerated, limits may apply.

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