Adviser News

We're making Asteron Life Complete better. It's happy days.


We are happy to announce significant improvements to Asteron Life Complete

We’ve enhanced Asteron Life Complete  to improve definitions specifically focused on terminal illness, melanoma and angioplasty procedures.
We’ve made it easier for customers to access this vital cover and for you to recommend Asteron Life Complete with confidence.

These improvements attract no premium increases and apply to both new and existing^ Asteron Life clients with Asteron Life Complete from 1 September 2016.


We’ve redefined life insurance

The following table highlights the upgrades for new and existing Asteron Life Complete customers: 

What's been upgraded? Asteron Life Complete now can pay...
The survival period for the Terminal Illness Benefit has been extended.

Where you are unlikely to survive more than 24 months after certification of an illness or condition. This aligns to the Superannuation Industry Supervision Condition of Release if your policy is owned through super.

The Partial Trauma Benefit and the definition of Coronary artery angioplasty have been extended

- the full Trauma Benefit if you undergo a triple vessel angioplasty performed during one or more procedures which occur within a two month period

- a Partial Trauma Benefit for each one or two vessel angioplasty without any time restriction between claims, allowing for multiple Partial Trauma Benefit claims for different angioplasty events 

The criteria for a Melanoma, within the Cancer definition, has been relaxed to now consider a Breslow thickness of at least 1.0mm

If all other criteria is met:

- a full Trauma Benefit or Crisis Benefit where a Melanoma is at least 1.0mm Breslow thickness.

- a Partial Trauma Benefit where a Melanoma has less than 1.0mm Breslow thickness.

^Please refer to ‘Guarantee of Upgrade’ section of the Asteron Life Complete PDS outlining when an upgraded definition will and won’t be considered in the assessment of a claim. 


Full details and a complete listing of the updated definitions to the Asteron Life Complete product is available in the new SPDS which applies to new business from 1 September 2016, or the Product Information Update applicable to existing Asteron Life Complete customers whose policies were issued prior to 1 September 2016.


Quote and apply

If you have any further questions or want to know more about the Asteron Life offer please speak with your BDM or call us on 1800 739 641.


Things you should know: The information is current as at 28 October 2016. Product Information Update is issued by Suncorp Life & Superannuation Limited ABN 87 073 979 530 | AFS Licence No 229880, with the exception of an interest in the Suncorp Master Trust ABN 98 350 952 022 RSE Fund Registration No R1056655 SFN 1400 429 47 which is issued by Suncorp Portfolio Services Limited ABN 61 063 427 958 | AFS Licence No 237905 | RSE Licence No L0002059 who will hold an Asteron Life Complete policy on your behalf, as a member of the Fund.


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