Income Protection Summary Frequently Asked Questions

Answers to your Frequently Asked Questions about getting your Income Protection summary.
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Frequently Asked Questions

What is an Income Protection Summary?

An Income Protection Summary (IP summary) is a document which contains information regarding the amounts you have paid for your Income Protection policy during the financial year ending 30 June 2021. We recommend you take this IP summary to a registered tax agent when preparing your tax return.

I haven’t yet received my IP Summary. Who do I contact about this?

It may take till late August to receive your summary due to mail delays. However, there are a few reasons you may not receive an IP summary including:

  • Your Income Protection cover is funded through Superannuation
  • You did not pay any premiums during the 2020-2021 Financial Year
  • You made an Income Protection claim during the 2020-2021 Financial Year

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.

2021 © TAL Services Limited a Dai-ichi Life Group Company.

The information provided on this website is general advice only and does not take into account your individual needs, objectives or financial situation. You should read the relevant Product Disclosure Statement (PDS) before making a decision to purchase or continue to hold a product. The Target Market Determination (TMD), where applicable, for the product is also available. Life insurance issued by TAL Life Limited ABN 70 050 109 450 AFSL 237848.