Our exciting new insurance offer

We know how important it is to be covered – and the freedom that it brings. By introducing Asteron Life Complete, our latest life insurance product, we continue to deliver on our promise that we made to you – a promise to protect you and your family financially.

Our new product range with Asteron Life Complete

Our features and benefits

At Asteron Life, we have worked hard to deliver a new product design to ensure you have comprehensive and flexible features and benefits with your insurance cover. These include:

For Income Protection Covers

Safeguarding your income when you need it most.

Income Protection provides you with replacement income if you become disabled through sickness or injury. You can cover up to 75% of your income or 80% if the SuperSaver option is selected. There are also a number of benefit periods and waiting periods for you to choose from to best suit your needs and budget.

Our Income Protection range has been rebuilt featuring a 3 tiered definition of disability that builds on our well known 10 hour definition. Our new definition is available for all occupation classes with both our basic and comprehensive income protection covers, giving you our broadest coverage yet for income protection.

Choose from a range of optional benefits to increase your level of cover – including the option to add child cover, increased monthly benefit to cover your super contributions, and receive payments during the waiting period if your disability was due to an accident.

For Trauma Cover we have led with market leading definition

Helping you through serious illness. Our new Trauma Cover has market-leading definitions for ‘heart attack’ and ‘carcinoma in situ of the breast’. This gives you greater benefits at claim time if you suffer a serious illness or injury.

Making life insurance more accessible with the ability to pay using your super

So you don’t need to worry about finding room in the household budget, you can automatically pay your Life Cover premium, Linked TPD Cover premium and Income Protection Cover premium from your super balance. All you need is a Colonial First State FirstChoice Super account. You will also be entitled to a 15% premium rebate on such premiums after the first year.

Maximising your options for cover with flexible policy linking

Flexible Linking Policy allows you to bundle your covers inside and outside superannuation. Your adviser can help you determine the best way to structure your insurance cover, so you maximise the cost effectiveness of linked benefits as well as the tax effectiveness of Life Cover Super. Doing so may reduce the overall cost of insurance to you.

These are just some key highlights for Asteron Life Complete. For more information about our exciting new insurance offer Asteron Life Complete, please see our ‘Comparing life insurance’ page or contact your financial adviser.

This is general advice and does not take into account your objectives, financial situation or needs. Before acting on this general advice you should consider the Asteron Life Complete Product Disclosure Statement and the appropriateness of the advice having regard to your situation and consult your financial adviser.

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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