Rewards for a healthier lifestyle - quote and apply

Healthy Lifestyle Discounts

Healthy Life Option (HLO) – Healthy Plus Option (HPO) – Multi-App Discount

At Asteron Life, we believe insurance should do more than just help clients at claim time – it should also be affordable.

That’s why our Healthy Lifestyle Discounts are making a difference by offering eligible clients the opportunity to save on the costs of their insurance premiums.

Rewarding healthy living with savings of up to 25%*

Our Healthy Lifestyle Discounts apply to clients that meet key eligibility criteria, which includes:

  • 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

If Income Protection or Business Expenses Cover is bundled with a Lump Sum Cover, your client can also gain our 5% Multi-App Discount on top of the savings they receive from either HLO and/or HPO. This means your client could benefit from:

  • Up to 25% worth of discounts on Life Cover
  • Up to 15% worth of discounts on TPD cover, and/or
  • 5% discount on Trauma

We’ve streamlined the application process to make it easier for you to apply the Healthy Lifestyle Discounts and see exactly what each benefit entails. Our system helps save valuable time so you can focus on continuing to provide the best advice for your clients.

*25% savings relates to a client applying for and issued a Life and Income Protection or Business Expense cover with our 20% Healthy Plus Option savings and 5% Multi-App Discount.  Discount is applied before stamp duty and policy fees.

Healthy Life Option (HLO)

Our Healthy Life Option provides eligible clients on stepped premiums the opportunity to reduce premiums by 10% off their Life Cover and/or new TPD Cover**. If your client meets all criteria, they will automatically receive their discount for the life of the policy with no additional assessments required.

**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.

Healthy Plus Option (HPO)

Clients who take a QuickCheck, MBA blood test and lifestyle questionnaire may be eligible for 20% off their Life Cover under our Healthy Plus Option. This offer can provide substantial savings, and is enduring when your client completes a yearly QuickCheck and MBA blood test.

If your client chooses not to supply annual health checks, their discount will reduce by 1% annually (to a guaranteed minimum of 10% for the life of the policy). Clients can reapply for the full discount anytime up to the age of 55.

Multi-App Discount

Our Multi-App Discount offers a further 5% off premium costs if Income Protection or Business Expenses Cover is bundled with at least one Lump Sum cover.

Making insurance more affordable

Our healthy lifestyle discounts reward eligible clients with reduced premiums so they can enjoy all the benefits a healthy lifestyle has to offer.

When our Multi-App Discount is applied to our HPO and/or HLO, your client can save quite a sum over time.

Healthy Lifestyle Discounts - how your clients can be rewarded

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

Get a quote and apply today

Take advantage of these Healthy lifestyle discounts for your client today or call us on 1800 739 641 for more information.

Quote & Apply

New to Asteron Life?

To find out more about our Healthy Life Option for your clients please contact your Asteron Life Business Development Manager.

Apply for a log in to access our online quoting tool.


Important note
This information is current as at January 2019 and may be subject to change. This information is general advice and does not take into account a person’s objectives, financial situation or needs. A person should consider the appropriateness of the advice, the Product Disclosure Statement (PDS) and Policy document for Asteron Life Complete (ALC PDS) and SPDS available at www.asteronlife.com.au and consider obtaining financial advice before making any decision about this product.

ALC PDS 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 License No 237905 RSE License No L0002059 who will hold the policy on your behalf, as a member of the Fund. This product is not a bank deposit or other bank liability. Products and services are provided by different entities in the Suncorp Group and each entity is not responsible for, does not guarantee and is not liable in any respect for products or services of other Suncorp entities.

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.

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 info@fsc.org.au or visit www.fsc.org.au

© 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