Asteron Life Loan Insurance
Asteron Life's Mortgage & Living Cover provides regular payments if you're unable to work due to sickness or injury, covering up to 115% of your monthly mortgage repayments.
Financial Strength: AA- (Very Strong)
Max Benefit
Up to 115% of monthly mortgage repayments
Waiting Periods
30 to 90 days (shorter and longer available)
Benefit Periods
2 years, 5 years, or to age 65
Best For
Those wanting injury-specific cover and annual increases without reassessment
Cover Types
Key Features
- Annual cover increase up to 10% without medical underwriting
- 29 specified injuries covered (even if still working)
- Mental illness benefit option with premium discount
- Rehabilitation and retraining support
- Part of Suncorp Group
Is Asteron Life Right For You?
Best suited for:
Those wanting injury-specific cover and annual increases without reassessment
Ready to explore Asteron Life's options? Visit their website to see current products, get a quote, or speak with one of their advisers. We recommend comparing at least two or three providers before making a decision.
Also Worth Comparing
AIA New Zealand
AIA has been providing insurance to New Zealanders since 1981. Their Mortgage, Income or Rent Cover pays a monthly benefit if you cannot work due to illness or injury.
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Partners Life
Partners Life offers Mortgage Repayment Cover providing a financial safety net if you are disabled due to sickness or injury and unable to meet your mortgage repayments.
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Fidelity Life
Fidelity Life is NZ's largest locally owned and operated life insurer, established in 1973. They offer Monthly Mortgage Repayment Cover with comprehensive rehabilitation benefits.
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Not Sure Asteron Life Is Right for You?
Compare all 8 NZ loan insurance providers side-by-side and find the right fit for your loan, budget, and circumstances.
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