Your browser version is no longer supported, so you may experience issues while using this site.
Please upgrade to a current browser to enjoy the best experience.

Cancer Insurance

Talk to an Adviser about Cancer Insurance. They can:

Find the best products for your budget and needs

Provide customised advice and keep your insurance up-to-date

Be impartial, as they are not Asteron Life employees

What is Cancer Insurance?

In New Zealand, two-thirds of all serious illness claims are for cancer. Cancer cover pays you a lump sum of money if you’re diagnosed with cancer to help you recover physically and financially.

Most people use Cancer Insurance to:

  • Pay for their spouse or family member to take time off work, so they can provide support and care at home
  • Pay for additional or alternative treatments that may not be covered by the New Zealand health system or health insurance
  • Cover additional expenses such as childcare and travel to medical appointments
  • Reduce debt such as mortgage or credit card payments
  • Take time off work to rest and recover – often choosing to work reduced hours
  • Treat themselves, such as going on a family holiday


Cancer Insurance benefits 

Cancer cover

 Pays a lump sum of money if you are diagnosed with most cancers. 

Early stage cancer

Some of your cancer cover is paid out early to help with treatment of any early stage cancer. 

Financial planning

We will pay for your family to receive professional advice from an approved financial planner. This helps your family decide the best way to use the money they will receive.

Grief support

We will pay to help with the cost of professional grief support during the grieving process.

Optional benefits you can choose to include:

If you have an existing policy with Asteron Life, your policy may be different from our current on-sale products, so it’s a good idea to check things with your adviser.

There are terms and conditions that apply to all benefits within Cancer Insurance. Don't worry though, your adviser can take you through these and what they mean.

Your wellbeing, our priority

With Asteron Life Connected Care, you’ll have access to leading local and global experts. Get the best medical, mental health and wellbeing advice for you and your family at no extra cost.

Find out more here

Other types of cover

Take a minute to read about Trauma Insurance. This policy can provide a lump sum if you experience one of 48 medical events, conditions and surgical procedures, including cancer, heart attack or stroke. 


Talking to an adviser will help you focus on what’s important to you, and it's even more effective with a little preparation.

Use our handy LifeSnap tool to prepare for your conversation with an adviser so you don't have to think on your feet!

A typically busy Kiwi mum and business owner, Pam's life changed overnight. Read how Life Insurance and Income Protection made a difference.

Ready to speak to an adviser?

If you would like to know more about Cancer Insurance we can put you in touch with an adviser who can explain the different options available.

Speak to an Adviser

Frequently asked questions

I thought cancer was covered by Trauma Recovery Insurance so why is this separate Cancer Insurance needed?

Yes, cancer is one of the conditions covered by Trauma Recovery Insurance. However, some people want to beef up their cancer cover without paying for other conditions. There are others who have pre-existing symptoms such as diabetes, heart disease or HIV, which prevent them from being able to get the full Trauma Recovery Insurance.

If I have both Cancer Insurance and Trauma Recovery Insurance, will both be paid?  

Definitely. If you qualify for a cancer claim under both covers you’ll receive both sums insured.