Asteron Life wrote the very first life insurance policy in Australia more than 179 years ago. Today, Asteron Life remains a top trusted provider of life insurance throughout Australia. Asteron Life paid out more than $369 million in claims to 6,200 policyholders over the course of last year, providing much-needed help to families facing health crises or the death of a loved one.
Those who want a trusted and reliable life insurance provider offering a wide range of different types of cover can consider Asteron Life to get the coverage they need.
Asteron Life Insurance has been recognized with numerous awards including the following honors and accolades:
Asteron is a specialist insurance provider focused on offering high quality life insurance products that are designed to fit the lifestyles of customers. Asteron became the first major life insurance provider to offer no medical insurance coverage, allowing for a faster application process and more timely approval of your insurance application.
Specialist medical exams and mandatory ECGs are no longer required to obtain coverage and Asteron also allows you to use your own GP for some types of medical exams to secure coverage. Asteron also offers a broad range of Income Protection Insurance Options that require limited or no medical exams.
For those seeking TPD insurance, Asteron has made this process easier as well, reducing its eligibility period from six months to just three months. Claims can be made sooner, providing more immediate protection for you and your loved ones.
Asteron TPD cover, life cover, and income protection policies can be held through Super, including through a self-managed superannuation fund. Additional features include child cover; a waiver of premium options if you become disabled and unable to work; and a financial planning benefit to family members who receive a benefit payment under life cover. Asteron also offers Life Plus, a health and well-being program aimed at helping clients reach personal health and lifestyle goals.
Asteron Life provides many different types of cover including:
for each of your children with an adult policy. This ensure those you care about most are protected whether you face an untimely death or whether your children experience a serious injury.
tax salary to ensure your rent and bills are paid when you cope with serious medical issues.
it is possible to extend this coverage to age 70.
of mild or major heart attacks, among other medical problems.
Asteron paid out almost $250 million in claims over the course of 2011. This includes $76.2 million in life insurance benefits; $21.5 million in TPD cover, $59.3 million in trauma insurance, and $91.3 million in income protection and business expense coverage. Asteron has showed consistency in offering high quality service across all service levels, from call center communication to claims processing.
To make a claim on an Asteron Life Policy, you can contact 1800 024 812 or request a claim kit to have a claims representative contact you. Asteron assesses claims as quickly as possible. Many Asteron death claims are paid within a week.
Telephone: 1800 221 727 Monday – Friday 8.00am – 6.00pm AEST
Fax: 1300 766 833
Mail: GPO Box 68, Sydney NSW 2001
Location: Level 10, 321 Kent St, Sydney, NSW 2000