Lifeguard Definition Enhancements

Serious illnesses can affect anyone, at any time and can be extremely damaging to your family’s long-term financial security.

You already know that your Recovery policy can help you cover the extra financial burden of a serious illness.

The below definitions have been amended to improve readability, helping you understand what you are covered for, and to reflect how medical conditions are assessed by medical practitioners.

Definitions Infograph

What else is changing?

Introducing the Medical Definition Upgrade Benefit

In addition to simplifying medical definitions we have also introduced the Medical Definitions Upgrade (MDU) Benefit. For an additional premium you can apply for an upgrade to your Heart Attack, Cancer and where applicable, Early Stage Melanoma definitions. 


;Who's eligible?

The MDU Benefit can be applied to all Lifeguard Recovery Stand Alone, Recovery Package and where applicable the Recovery Plus Option.

Definition Life Cover Recovery Stand Alone Recovery Package Child Cover Income Protection - Crisis Benefit
"Cancer" X X X
"Early Stage Melanoma" X ✓* ✓* X X
"Heart Attack" X X X

*Only where Recovery Plus Option is applicable.

To find out more please refer to the ‘Changes in Detail’ document and FAQ’S below. 

It’s a good idea to review your life insurance regularly with your financial adviser. With their help, you can use the flexibility of your policy to change the level of cover for different stages of your life.


We are always happy to help


If there’s anything else you need to know regarding this news, please contact your Adviser, or you can call us on 1800 221 727 between 8am and 6pm, AEST Monday to Friday. 

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.

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 or visit

© 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