- Comparing insurance types
- Income Protection insurance
- Trauma insurance
- Total & Permanent Disablement (TPD) insurance
- Life insurance (death cover)
- Business Expenses insurance
- Why choose Asteron Life™
- Insurance myths
Keith and Joanne's story shows how life insurance has helped one Australian family.
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.
We don't need to be reminded that accidents and serious illness may happen. We all know families who have had to make changes to their lifestyle due to cancer, heart attack or an accident, for example.
But it's important to remember how TPD 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.
The good news is there has been a decrease in the number of people in Australia who have a 'profound or severe' disability: 5.9% of Australians in 2003 compared to 6.4% in 1998.7
But it's the cost of care that's often underestimated.
Most primary carers in Australia are between age 30 and 64 (that's working age!) and they are usually a partner or a spouse.8 The cost of care can have an impact on the lifestyle of the whole family, so make sure you and your family have the financial support you need.
For those who did need it, we paid out $21.5 million in TPD benefits to our customers in 2011.
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.
Claim time is when we deliver on our promise to you. It's a time when two important people meet: an Asteron Life customer in need and an Asteron Life case manager who is uniquely skilled to help them.
We've got a market-leading approach to claims:
When you're looking at getting TPD insurance cover, keep your eyes out for extras that provide you with more benefits at claim time, such as:
To find out more about total and permanent disablement insurance:
7Australian Bureau of Statistics - Disability, Australia 2003 - cat 4446.0
8Impact of home based long term care on informal carers, Ranmuthugala, G, August 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.
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.
* © Suncorp Life & Superannuation Ltd ABN 87 073 979 530 (SLSL). Registered Office, Level 28, 266 George Street, Brisbane QLD 4000.