Peace of mind for you and your family
Life is full of twists and turns. No one ever plans for an illness, accident or death. But if something unexpected was to happen to you, how would you or your loved ones cope financially?
Life insurance can make all the difference if you plan ahead. Take out a policy now and protect those most important to you.
Defence Health Term Life insurance
Defence Health Term Life insurance can provide your loved ones with financial security should you die or be diagnosed as terminally ill.
For an additional cost, you also have the option to apply for Critical Conditions Benefit to cover yourself for conditions such as severe burns, total blindness, major head trauma and more.
Once the policy is issued, cover is provided for worldwide residence and travel, 24 hours a day.
Peace of mind and other great benefits
| Feature |
Benefit |
| Lump sum payment to your beneficiaries if you suffer a terminal illness, accidental death or death for any other reason |
A cash payment to help cover any debt, funeral costs, etc. if you were to die |
| Low flat premium rates for Term Life to age 60 |
You get great value life insurance |
| Optional Critical Conditions Benefit |
Cover yourself for those unexpected serious events such as severe burns, total blindness or major head trauma. |
| Continued coverage if you are deployed to warlike operations |
Once your policy is issued, you are covered if you are sent to warlike operations |
| Increase cover at any time to match your changing circumstances (subject to acceptance by the underwriter) |
More protection for your loved ones |
| Automatic indexation benefit |
Your insured amount keeps pace with inflation |
| Keep your cover even if you discharge from the services |
Stay covered if you discharge from the services |
| Guaranteed renewable |
A guarantee that the insurer will not cancel your policy because of a change in your health, occupation or pastime |
| Pay your premiums either monthly, quarterly, half-yearly or yearly |
You choose how you want to pay your premiums |
For a full explanation of the benefits and features of Defence Health Term Life insurance, download the Product Disclosure Statement (PDS) and the Financial Services Guide (FSG). To apply, complete the application form at the back of the PDS and post it to Asteron.
This information is of a general nature only and does not take into account your personal objectives, financial situation or needs. You should consider your personal circumstances and the relevant Product Disclosure Statement in deciding whether to acquire the Defence Health Term Life insurance product.
Defence Health is not the issuer of the Defence Health Term Life insurance product and does not warrant that it is suitable for you. You may wish to seek independent advice. Defence Health Term Life is underwritten by Asteron Life Limited (ABN 64 001 698 228, AFSL 237903).
Note: The only way you can apply for Defence Health Term Life insurance is by completing the application form at the back of the current PDS.