Stories and facts

A real life story

Keith and Joanne's story shows how life insurance has helped one Australian family - and small business.

But they didn't quite have enough cover, or the right types of cover.

They talk about how this affected their family life and the positive impact that life insurance - and good advice - can have.

Examples and facts

We don't need to be reminded that accidents and serious illness happen. We all know people who have had to take a significant time off work due to illness or injury.

But it's important to remember how business expenses insurance can help you and your family during that time. It gives you options and financial freedom when you need it most.

At Asteron Life we get letters, emails and phone calls from people like Keith and Joanne everyday that remind us why insurance - and advice - is so important.

We're generally pretty healthy - and not away from work for long

The good news is that people that take time out of work due to illness or injury, 25% of these people were back at work in six months. For business owners though, six months is a long time to take out of your business!12

In 2011, we paid out $91.3 million in Income Protection and Business Expenses benefits.

Source: Suncorp Life and Superannuation Limited and Suncorp Portfolio Services Limited

Note: Payment of any claim by the insurer is subject to the insurer's assessment and approval in accordance with the terms of the relevant policy.

Learn more about Asteron Life and claims

Not all insurance policies are created equal

When you're looking at getting business expenses cover, keep your eyes out for extras that provide you with more benefits at claim time, such as:

  • the ability to be able to work for a few hours per week (if you can) without having your benefit payment reduced
  • a policy that pays your full benefit - and doesn't offset the business' profits.

To find out more about business expenses insurance:

12Labour Force experience Australian Bureau of Statistics Cat 6206 February 2009

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 Product Disclosure Statement and the appropriateness of the advice having regard to your situation and consult your financial adviser.

Which cover is right for me?

It is important to get your Business Expenses Insurance right. This is why our products are only sold through experienced advisers who can help you get the protection you need.

Talk to an adviser Discover how an adviser can help you

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.