Media releases

A bonus for medicos – 50% price reduction on ‘most comprehensive needlestick cover at market’

Asteron Life Limited (Asteron) is offering Australian medicosi the highest insured sum on its Lifeguard Needlestick Option – the most comprehensive needlestick cover in the countryii – at half the price.

Asteron now offers up to $1 million cover for occupationally acquired HIV, Hepatitis B and Hepatitis C for new and existing Asteron Lifeguard® policy holders.

From 15 November, medical professionals who take out Asteron Lifeguard®’s Needlestick Option will enjoy a 50 per cent reduction in the cost of this benefitiii . Those who already have this option will have this price reduction applied at their next policy anniversary.

Asteron’s Needlestick Option is the most comprehensive ‘Needlestick’ cover available in the Australian market.

Importantly, it provides extended coverage to include airborne and ‘splash’ transmissions in addition to needlestick injuries.

General Manager Asteron Jordan Hawke said, “Australian medical professionals can face some unique risks in the performance of their day‐to‐day work, including the possibility of serious infection through needlestick injury.

“We want Asteron customers to feel comfortable that the occupational cover that they choose is as relevant to their line of work as possible, so they can rest assured they will be looked after by Asteron, should anything happen to them.”

Asteron was recognised with the AFA/Plan for Life 2009 Life Company of the Year award, adding to a list of accolades for service excellence, innovation and the Asteron Lifeguard® product range. These include the AFA/Plan for Life Product Features Award, and the AFR Smart Investor Blue Ribbon Award for Trauma product of the year. Most recently Asteron took out the Risk Trauma Product and Risk Disability Income Product award categories in the Money Management/Dexx&R Adviser Choice Risk Awards 2009.


For further information or to arrange an interview with Jordan Hawke contact Sarah Hegarty on (02) 8275 3811 or (0410) 652 517

Important Information

This information is current as at November 2009 but may be subject to change. Any information contained in this article has been prepared without taking into account your objectives, financial situation, or needs. For that reason, before acting on it, you should consider its appropriateness having regard to your own objectives, financial situation and needs. Lifeguard Needlestick cover is part of the Asteron Lifeguard® product suite. You should obtain, read and consider the Product Disclosure Statement for Asteron Lifeguard, issued by Asteron Life Limited ABN 64 001 698 228 AFSL 237903 (ALL) and Suncorp Portfolio Services Limited ABN 61 063 427 958 AFSL 237905 RSE L0002059 (SPSL), available at, before making any decision about whether to acquire or to continue to hold the product. You may wish to also consider obtaining independent advice before making any decision about the product.

ALL and SPSL are subsidiaries of Suncorp‐Metway Limited ABN 66 010 831 722 (Suncorp). The obligations of ALL and SPSL are not guaranteed by any other company in the Suncorp Group. This product is not a bank deposit or other bank liability of Suncorp.

iEligibility criteria and restrictions apply. Lifeguard Needlestick cover is only available in relation to certain Australian medical related occupations and is not available through the Suncorp Master Trust. For more information please speak to your financial planner or contact us, and refer to the Asteron Lifeguard Product Disclosure Statement (PDS).

iiBased on research undertaken internally by Asteron in relation to other life insurers in Australia who offer cover with ‘needlestick’ features.

iiiSpeak to your financial planner or contact us for more details about this and the premium that applies to you. Provision of cover and payment of any benefit is subject to terms and conditions that apply to Asteron Lifeguard. Refer to the PDS or your policy document for more information.

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Asteron Life™ is committed to providing customers with long term financial security. We provide life insurance products including Income Protection Covers, Trauma Cover, Total & Permanent Disablement (TPD) Cover, Life Cover and Business Expenses Cover. To obtain a copy of our privacy statement, please contact us on 1800 221 727 or visit the following website to view or download the policy.

Asteron supports and adheres to the Life Insurance Code of Practice (Code). The Code has been developed voluntarily by the Life Insurance industry through the Financial Services Council to promote high standards of service to consumers, provide a benchmark of consistency within the industry, and establish a framework for professional behaviour and responsibilities. Download the Code here. For more information contact the Financial Services Council on (02) 9299 3022 (local call cost), email or visit

© Asteron Life & Superannuation Ltd ABN 87 073 979 530 (Asteron). Registered Office, Level 16, 363 George Street, Sydney NSW 2000

Asteron Life & Superannuation Limited ABN 87 073 979 530, AFSL 229880 (Asteron) is part of the TAL Dai-ichi Life Australia Pty Limited ABN 97 150 070 483 group of companies (TAL). Suncorp Portfolio Services Limited ABN 61 063 427 958, AFSL 237905, RSE Licence No L0002059 (SPSL or Trustee) is part of the Suncorp group of companies (Suncorp). SPSL is a related body corporate of Suncorp Group Limited ABN 66 145 290 124 and Suncorp-Metway Limited ABN 66 010 831 722 (Suncorp Bank) (Suncorp). This product is not a bank deposit or other bank liability of the Suncorp Bank. The obligations of the different entities of TAL and Suncorp are not guaranteed by other entities