94% of claims accepted and $121m paid to customers from 1/7/22 - 31/6/23
With Mortgage and Living Cover you’ll receive regular payments if you’re unable to work due to sickness or injury to help cover everyday expenses, like mortgage payments.
There are many ways to structure your cover and premiums, allowing you to tailor cover to your needs, lifestyle and importantly, budget! It’s flexible too, so you can adapt it as your financial circumstances change.
Offering agreed level of cover, gives you certainty about how much you could receive if you need to claim – there’s also a more cost effective option that offsets any other payments you might receive such as ACC.
Who is it for?
We understand that at different stages of life, people need different types of cover. Watch the below videos to see two examples of how Mortgage and Living Cover could work for you.
Mortgage and Living benefits
Optional benefits you can choose to include:
Provides a discount if you choose to limit your benefit payment to two years for any claims related to mental illness
Receive this benefit if you suffer any of 29 specified injuries (ranging from broken bones to paralysis). The benefit is payable even if you are still able to continue working. Check the policy document for the full list of injuries and payment periods. Depending on the option you have selected the payment(s) will be either your monthly benefit for the payment period or a multiple of your Specific injury support benefit – lump sum sum insured.
Boosts your monthly benefit in the early stages of a claim
Pays you a benefit while you’re waiting for your claim payments to start, if you’re confined to bed or diagnosed with a specified condition.
Work up to ten hours in your usual occupation without it affecting the benefit you receive.
Lets you cover your kids too.
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.
Talking to an adviser will help you focus on what’s important to you, and it's even more effective with a little preparation.