Asteron Life - Life Insurance & Income Protection
- 8th largest life insurer
- $379m claims paid in 2016
Asteron Life has been operating in Australia since 1833, when they issued the first life insurance policy. They subsequently paid the first Life Insurance claim in Australia in 1837.
Asteron is a part of Suncorp, a diversified financial services group with more than nine million customer relationships. Operating in both Australia and in New Zealand, Suncorp is well-known for being a leader in life insurance cover and other areas of finance.
In 2014, Asteron Life paid more than $309 million in claims to more than 3,500 customers.
Asteron Life offers the following products through Lifebroker:
- Income protection
- Life insurance
- Recovery insurance
- Total and permanent disablement insurance
- Business expenses insurance