Life Insurance
1800 221 727
Superannuation
1800 819 499

News

Asteron Lifeguard® enhances its life insurance offer

 

Why life insurance?

We can't always assume that traumatic or tragic events will only happen to other people. But even if we accept life's realities, it's hard to prepare for the emotional toll that tragedy can take.

Fortunately, we can take action to minimise the otherwise devastating financial impact that serious illness or disablement can have on our lives, or premature death could have on the lives of our family.

How Asteron Lifeguard® can help?

We've just enhanced the Asteron Lifeguard® product range to make sure we provide real benefits to minimise the possible devastating financial impacts during illness, disablement or death.

Highlights of this enhancement include:

Protecting your income
Through Income Protection

  • A new Income Protection product, Income Shield, designed for Self Managed Super Funds and clients looking for a lower cost option.
  • Protect 100% of income by adding the new Recovery Booster Option to Income Protection. The Recovery Booster Option enables clients to protect the remaining 25% of their income not covered by Income Protection. The great news is the premiums for Income Protection and Recovery Booster may be tax deductible in certain circumstances.

Protecting your finances during serious illness or disablement
Through Total and Permanent Disability (TPD) and Recovery Products

  • We have made changes to the way we assess 'own occupation' when a client has recently changed employment and becomes Totally and Permanently Disabled. Clients now have the choice to have their disability assessed against their new occupation or their occupation at the time of application. This is great for clients who are looking for a ‘sea change’, however, this benefit is only available for the first 3 months of any occupation change.

Protecting your dependents in the event of premature death
Through Life Cover

  • Our new Lifestyle Cover option allows clients less than 40 years of age to convert some or all of their Stand Alone or Recovery Stand Alone to Life Cover if they are married or become a parent. The good news is that there are no medical checks to convert.

This material has been prepared without taking into account a potential investor's objectives, financial situation or needs. Before making a decision based on this material, a potential investor should consider the appropriateness of the advice having regard to their objectives, financial situations and needs. Asteron Life Limited ABN 64 001 698 228 AFSL No. 237903 is the issuer of each of the insurance products offered through Asteron Lifeguard. Asteron Portfolio Services Limited ABN 61 063 427 958 AFSL No. 237 905 is also the issuer of Life Cover through Superannuation.

To find out more about how the Asteron Lifeguard® product range can protect you and your family, contact your adviser or Asteron on 1800 221 727 or refer to the Asteron Lifeguard Product Disclosure Statement.

< Back

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 www.asteronlife.com.au/privacy to view or download the policy.