Our Life Cover through Asteron Life Complete provides comprehensive protection that can be tailored to make sure you’ve got the cover you and your family need.
Life Cover offers:
- Cover when and where you need it: 24 hours a day, right around the world
- Protection for your kids, with $10,000 of Child Cover Premium free for each child in the event of their serious illness or injury
- Flexibility if things change: increase your cover amount without additional medical checks if your situation changes (for example, if you have a child or buy a new home)
- Support when your family need it most, with a grief support service and an up-front payment for funeral expenses included.
Extra options available with Asteron Life Complete
$10,000 Premium Free Child Cover1
Your Life Complete policy provides an optional $10,000 of Child Cover Premium free, which you can increase for $1 per month for every additional $10,000 of Child Cover.
Rewards for healthy living
We want to encourage everyone to live the healthiest life they can, which is why we reward customers through our Healthy Life Option and Healthy Plus Option. The programs offer a discount on your premiums when:
- Your body mass index (BMI) is 28 or below
- You’re a non-smoker (or have been for at least five years)
- And you meet the entry age criteria: 30–55 (age next birthday) for Healthy Life Option2 and 30–50 for Healthy Plus Option3.
The Healthy Life Option offers 10% off stepped premiums for Life and/or TPD policies2. If you meet the eligibility criteria, the discount will be applied automatically for the life of your policy – with no additional tests or checks required.
The Healthy Plus Option offers up to 20% off your Life insurance premiums3 if you meet certain health and lifestyle criteria, and you can keep the discount going year-after-year by having an annual QuickCheck and MBA blood test.
If you decide not to have those tests, your discount will reduce by 1% each year until it reaches 10% – the 10% discount will remain in place for the life of the policy.
For more details, download the Asteron Life Complete PDS.
1. Applies to children age 3-21, expiry age 22. See PDS for full details.
2. 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.
3. The 20% HPO discount has additional assessment requirements (QuickCheck and MBA blood test) and will not be automatically applied.