AIA Australia has signed a four-year deal with RAC-WA to offer life insurance to its 800,000 members.

Two new life products – RAC Life Protect and RAC Accident Protect – have been created under the deal.

They will provide bonus cover of up to 10% at no extra cost for RAC-WA members.

It follows similar deals with Bendigo Bank and Citibank to provide life cover to customers.

RAC-WA already provides car, home and contents insurance to members, and AIA Australia CEO Damian Mu says the tie-up allows his company to expand its customer base in WA.

Two new life products – RAC Life Protect and RAC Accident Protect – have been created under the deal.

They will provide bonus cover of up to 10% at no extra cost for RAC-WA members.

It follows similar deals with Bendigo Bank and Citibank to provide life cover to customers.

RAC-WA already provides car, home and contents insurance to members, and AIA Australia CEO Damian Mu says the tie-up allows his company to expand its customer base in WA.