Asteron Life Complete Income Protection Covers

Asteron Life Complete is our comprehensive suite of life insurance products that can be tailored to suit your needs – allowing you and your family to get more out of every day.

Asteron Life Complete Income Protection Covers provide you with affordable and comprehensive insurance, with lots of features and benefits that give you more at claim time.

To ensure we can provide cover that suits everyone, Asteron Life Complete has three Income Protection Covers:

  1. Income Protection Plus Cover - our most comprehensive Income Protection cover
  2. Income Protection Cover - our Income Protection cover for just about anyone, also available through superannuation
  3. Income Protection - Accident Only Cover - our basic Income Protection cover, which only covers accidental injuries.

Built in benefits

Asteron Life Complete Income Protection Covers let you work (if you can) 10 hours or less per week while Totally Disabled and we won't reduce your benefit payment - even if you earn income in those 10 hours. Other features include:

  • 3-tier total disability definition for all insurable occupations.
  • Built in benefits against blood born diseases like HIV, hepatitis B and C for medical professional Occupation classes. 
  • A choice of waiting periods to help you manage affordability.
  • Partial payments for when you are partially disabled and your income is reduced.
  • Pregnancy premium waiver benefit - premiums waived for 6 months for women who are pregnant.
  • Cover when and where you need it - 24 hour worldwide cover.
  • Built in claims indexation, making sure your benefit increases in line with inflation
  • Cover that keeps up with your ever-changing needs - you can increase your cover without further medical checks if your situation changes, for example if you have a child or take out a mortgage.
  • Support when you need it most - access support services like rehabilitation, retraining and return to work.
  • Extensive built in benefits with Income Protection Plus Cover including: Unemployment Benefit, Child Care Reimbursement Benefit, Business Rehabilitation Benefit and Crisis Benefit.

Optional extras to help you top up your cover

  • Booster Option that 'boost' your Income Protection payments by 1/3 at claim time for the first three month 
  • Day 1 Accident Option that pays you your total monthly benefit during the waiting period if you suffered a serious accident 
  • SuperSaver Option that allows you to insure up to 80% of your income
  • Child Cover that allows you to insure your child against certain medical conditions like cancer, meningitis etc.

View or download the Asteron Life Complete PDS

To find out more:


This is general advice and has been prepared without taking account of your objectives, financial situation or needs. Therefore, in deciding whether to acquire or continue to hold this financial product, you should consider the appropriateness of the advice by having regard to your own personal objectives, financial situation and needs. Please consider the Product Disclosure Statement (PDS). Contact us for a copy.

Which cover is right for me?

It is important to get your Income Protection 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 expert 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. We are committed to helping customers get - and stay - healthy for life, by giving customers access to the Asteron Life Wellbeing Program. 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.