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
John is 181cm and weighs 90kg
John's BMI will be calculated as: 90 ÷ (1.81 x 1.81) = 27.47 (BMI)
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.