Built-in Benefits

These benefits are automatically included in your SmartLiving policy. So no matter what other protection options you chose, your policy will have these benefits as standard.

SmartLiving Benefit
If you suffer from one of the following medical conditions or undergo any of the following procedures and you survive at least 14 days from the date of diagnosis or surgery, you will receive a lump sum payment. You can choose how many conditions and procedures you wish to be covered for by taking either a SmartLiving Value or Deluxe policy.

SmartLiving Value

SmartLiving Deluxe

Cancer* Chronic Kidney (renal) failure* Coronary artery angioplasty – triple vessel* Coronary artery bypass surgery* Heart attack* Heart surgery (open)* Major organ transplant* Stroke (resulting in functional loss)* Repair or replacement of aorta* Repair or replacement of valves* Paralysis

Cancer* Chronic Kidney (renal) failure* Coronary artery angioplasty – triple vessel* Coronary artery bypass surgery* Heart attack* Heart surgery (open)* Major organ transplant* Stroke (resulting in functional loss)* Repair or replacement of aorta* Repair or replacement of valves* Paralysis Aplastic anaemia Blindness Cardiomyopathy Chronic liver failure Chronic lung failure Creutzfeldt-Jakob Disease Coma Deafness Dementia Encephalitis HIV – medically acquired HIV – occupationally acquired Intensive care Intracranial brain tumour Loss of speech Major head trauma Meningitis Motor Neurone Disease Multiple Sclerosis Muscular dystrophy Out of hospital cardiac arrest Parkinson’s Disease Pulmonary hypertension Severe burns Total and Permanent Disablement

Partial SmartLiving Benefit
In addition to the listed serious medical conditions and procedures under the SmartLiving Benefit (Value and Deluxe), we will pay a partial payment if you suffer a serious accidental injury, single loss of limb or eye or you undergo coronary artery angioplasty*.

* Cover does not start until 3 months after the policy commencement date.

Recoverable Stroke Benefit
If you suffer from a recoverable stroke while covered under this policy we will pay the lesser of 10% of the SmartLiving sum insured or $50,000.

Funeral Benefit
If you die while covered under the SmartLiving benefit and a benefit is not payable we will pay up to $10,000 to assist with funeral expenses.

Future Cover
If the SmartLiving benefit has not been paid in full by the expiry date, the policy will automatically convert to a SmartLife policy with death and terminal illness cover.

Inflation Adjustment Benefit
We offer to increase the sum insured for SmartLiving cover on each anniversary of the commencement date. We will increase the insured by the greater of the indexation factor and 2%.

$1,500 Financial Planning Benefit
Deciding on the best way to use your lump sum benefit is not easy. To help you get the best financial advice, Asteron will reimburse you up to $1,500 for financial planning advice from an accredited Adviser.

Grief Support Benefit
$600 is available to reimburse you for the cost of independent grief counselling so you and your loved ones can get expert assistance. Grief counselling can help you cope with the emotional stress related to death, terminal illness, a major illness or injury or permanent disability.

SmartLiving Increase Benefit
If you are under 60, you can increase your SmartLiving cover without having to provide any further medical evidence if you decide to permanently live with someone in the nature of marrige or civil union, have a child, adopt a child, take out or increase a loan secured against your primary residence for $25,000 or more, your salary increases by at least $5,000 per annum or become a carer for the first time. Also, every 5 years you have the option of increasing your cover as well - all without needing to provide evidence of health. Maximum increase limits apply.

Guarantee of Upgrade
If we make any future improvements to the SmartLiving policy without any increase in standard premium rates, we will provide these improvements to the policy owner without charging any additional premium.

Guarantee of Renewal
Provided premiums are paid we will continue to renew the policy each year until the policy ends, without including any more restrictive terms regardless of the number of claims made or any changes to your health, occupation or pastimes.






Optional Benefits


Early Stage Cancer Option
Asteron's Early Stage Cancer Option is designed to provide additional cover for lower levels of cancers. While these cancers are still serious, they tend to be treatable and non-life threatening in the early stages. By selecting this optional benefit you are providing yourself with a more comprehensive level of trauma cover.

The following types of Early Stage Cancer are covered:

• Breast
• Cervix (Uteri and Uterus)
• Chronic lymphocytic leukemia
• Fallopian Tube
• Melanoma
• Ovary
• Prostate
• Vagina
• Vulva

• Blindness
• Brain Damage
• Cancer*
• Cardiomyopathy
• Chronic kidney (renal) failure*
• Deafness
• Encephalitis
• Intensive care
• Intracranial benign tumour
• Loss of limb or sight#
• Loss of speech
• Major head trauma
• Major organ transplant*
• Meningitis
• Paralysis
• Recoverable stroke#
• Serious accidental injury#
• Severe burns
• Stroke (resulting in functional loss)*
• Terminal illness