Asteron Life Complete Life Cover

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 celebrate life and get more out of every day.

Life Cover through Asteron Life Complete provides you with features and benefits at claim time:

  • Cover when and where you need it - 24 hour worldwide cover.
  • Cover for the whole family - $10,000 of Child Cover Premium-free# for each of your kids in the event of their serious illness or injury.
  • Cover that keeps up with your 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 or your family need it most - access to grief support counselling and an up-front payment to help cover funeral expenses.

Asteron Life also offers a range of optional extras to help you top up your cover.

$10,000 Premium Free Child Cover#

You can also top up your $10,000 Premium-free Child Cover for just $1 per month for every additional $10,000 of Child Cover - making it an affordable way to cover the whole family. 

# Applies to children age 3-21, expiry age 22. See PDS for full details.

Rewards for healthy living

At Asteron Life, we believe in making a positive difference. That’s why we also offer our Healthy Life Option and Healthy Plus Option to reward Australians that live a healthy lifestyle by giving them the opportunity to save on the costs of their insurance premiums.

To qualify for these discount, you must meet key eligibility criteria which include:

  • Entry age:
    • HLO* - 30 to 55 (age next birthday)
    • HPO** - 30 to 50 (age next birthday)
  • Body mass index (BMI) ≤ 28
  • Non-smoker for at least 5 years

Healthy Life Option (HLO)

Our Healthy Life Option provides those on stepped premiums the opportunity to get 10% off on the costs of their Life Cover and/or new TPD Cover *.

If you meet the eligibility criteria, you will automatically receive this discount for the life of your policy with no additional assessments required.

Healthy Plus Option (HPO)

Our Healthy Plus Option allows you to get a discount up to 20% on your Life Cover premiums** if you meet certain health and lifestyle criteria. What’s more, you have the option to retain the 20% discount by taking the required QuickCheck and MBA blood test every year.

If you choose not to re-submit these tests annually, your 20% discount will reduce by 1% each year. Once the remaining discount reaches 10%, we guarantee that 10% discount for the life of the policy.

We will notify you each year on your renewal notice regarding the status of your discount so you will know what level of reduction and savings you have received.

To find out more:

*The 10% HLO TPD Discount is not available for customers who applied for and issued cover on/or before 9 April 2017.  In addition, to be eligible the policies for Life and/or TPD Cover need to be offered at standard rates without any loadings or exclusions.

**The 20% HPO discount has additional assessment requirements (QuickCheck) and MBA blood test) and will not be automatically applied

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.

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.

Suncorp 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