Life insurance that rewards a healthy life

At Asteron Life, we recognise that everyone is different. So, if you look after yourself, eat well, exercise and are living a healthy lifestyle, we believe you should be rewarded.

Our Healthy Life Option and Healthy Plus Option rewards Asteron Life customers who are a lower insurance 'risk' with a premium reduction, if they satisfy a set of health and lifestyle 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

If you're eligible, the savings can be substantial:

  • 10% discount on Life Cover and/or TPD cover under Healthy Life Option*
  • Up to 20% discount on Life Cover under Healthy Plus Option**

An enduring discount

When you qualify for the Healthy Life Option* and Healthy Plus Option**, you can enjoy savings on your cover straight away.

Our Healthy Life Option offers you a 10% discount for the life of your policy, with no additional assessments required, while our Healthy Plus Option offers an enduring discount of 20% off on your Life Cover, provided you a take and pass a QuickCheck and MBA blood test and complete the same test every year to retain the discount.

Should you choose not to re-take the tests for Healthy Plus Option, 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.

Are you eligible for a 10% Healthy Life Option discount?

We recommend that you seek advice from your financial adviser, to determine whether you would qualify for a 10% HLO discount. Here’s a quick checklist to see if you would qualify:

How to calculate your BMI

BMI is a measure of an individual’s healthy weight range for their height.

BMI = Weight in kilograms ÷ Height in metres squared

For example:

John is 181cm and weighs 90kg

John's BMI will be calculated as: 90 ÷ (1.81 x 1.81) = 27.47 (BMI)

More information

To find out more about Healthy Life Option and Healthy Plus Option or whether you qualify for these discounts, please speak to your financial adviser or call us on 1800 221 727 to be put in touch with one.

*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.

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