Insurance Company Description: Asteron Insurance specializes in life risk insurance management, financial planning, and trustee services in New Zealand and Australia. It has been offering life insurance policies to Australians from as early as 1833. It is a part of the Suncorp Group. It has more than seven million customers in Australia and has been known for offering quality services related to life insurance, superannuation, retirement incomes, financial planning and trustee services. Their intensive decades of experience, knowledge and vision have made customers understand the real value of being attached with Asteron Insurance. They make sure that the diverse range of insurance products provided by them will help you to safeguard your family and your business as well. You will be thoroughly surprised to learn that they pay out almost $1 million every day in claims which shows how huge this insurance firm is. It was the proud recipient of the Life Insurance Company of the Year in 2010.
Covers: Asteron Insurance has been offering insurance to clients in the fields of Income Protection Insurance, Trauma Insurance, Total & Permanent Disablement (TPD), Life Insurance (Death Cover) and Business Expenses Insurance.
Pros: There is a wide variety of personal insurance cover options offered to you by Asteron Insurance. All the insurance options by Asteron have been designed keeping in mind the distinct needs and demands of the customers. Asteron strives hard to meet all the client demands and this is the main reason why they have come out with several varieties of insurance covers. They offer various types of covers for temporary injuries, serious illnesses and for death as well. They have also created unique kind of insurance covers pertaining to business expenses insurance which protects the interests of the employees especially when entrepreneurs fall ill or have been injured. They have also formed their unique Asteron Life Program by partnering with renowned doctors Dr. Adam Fraser and Dr. Ross Walker and this facility is available for the benefit of all the policyholders. Asteron Life clearly emphasizes on maintaining our health and well-being by adopting healthier living.
Cons: As Asteron Insurance caters to a very large customer base, clients often complain that they have to wait a long time for them to reach customer service representatives. Waiting time is a big problem while trying to reach the staff at Asteron Insurance . Certain clients are also of the view that processing their claims took a long time and they had to follow it up a number of times before the claim amount reaches them.
Conclusion: It will always be a wise decision to read the Terms and Conditions before you purchase an Asteron insurance policy.
Note: Views expressed in this review are not the opinion of Insurance Pick. It is a summary of multiple reviews collected from community-review websites posted by consumers. Please read our Disclaimer for more information.