Income Protection

Imagine you stopped getting paid tomorrow. How long would you be able to cope financially?

Asteron Income Shield, Income Protector or Income Advantage may ease the financial pressure until you get back to work. They will pay you a monthly benefit up to 80% of your pre-tax income if you are severely disabled due to sickness or injury.

A unique feature of Asteron Income products are they allow you to work up to 10 hours per week and still receive income protection payments.

Asteron Income Shield - at a glance

• Can be owned by self-managed super funds
• 10 Hours severe disability definition
• Severe and partial disability benefits
• Supersaver Option
• Pregnancy Premium Waiver Benefit
• Up to $10,000 overseas assist benefit
• Premium waiver benefit
• Loyalty rewards
• Death benefit up to six times the monthly benefit
• Elective surgery benefit
• Automatic increase benefit
• 24 hour worldwide cover
• Plus additional premium options.
• Interim cover

Asteron Income Protector - at a glance

• Can be owned by self-managed super funds
• 10 Hours severe disability definition
• Severe and partial disability benefits
• Supersaver Option
• Pregnancy Premium Waiver Benefit
• Specific injury benefit
• Up to $10,000 overseas assist benefit
• Retraining benefit
• Return to work benefit
• Premium waiver benefit
• Up to 12 months premium and cover suspension benefit
• Loyalty rewards
• Death benefit up to six times the monthly benefit
• Elective surgery benefit
• Automatic increase benefit
• 24 hour worldwide cover
• Plus additional premium options.
• Needlestick Option
• Interim cover

Asteron Income Advantage - at a glance

• Can be owned by self-managed super funds
• 10 hours Plus severe disability definition
• Severe and Partial Disability Benefits
• SuperSaver Option
• Pregnancy Premium Waiver Benefit
• Continuation of cover beyond age 65
• Specific injury benefit
• Retraining benefit
• Return to work benefit
• Premium waiver benefit
• Up to 12 months premium and cover suspension benefit
• Loyalty rewards
• Death benefit up to six times the monthly benefit
• Up to $10,000 overseas assist benefit
• Elective surgery benefit
• Automatic increase benefit
• 24 hour worldwide cover
• Plus additional premium options
• Needlestick Option
• Interim cover

This advice is not personal advice. This advice has been prepared without taking account of your objectives, financial situation or needs. Therefore, in deciding whether to acquire or continue to hold this financial product, and before acting on this advice, you should consider the Product Disclosure Statement (PDS). Applications can only be made on the application form contained in the current PDS.

For full details of the Income Shield, Income Protector or Income Advantage policies please refer to the current   Asteron Lifeguard Product Disclosure Statement (File Size 1,828 KB). To find out how to apply, please contact a financial adviser.

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