Suncorp Recovery Insurance

Insurance

 

What if you were the one who needed looking after?

Sometimes even the healthiest people suffer accidents or are diagnosed with illnesses they had little chance of preventing – like cancer. A Suncorp Recovery Package* or Recovery Stand Alone* policy could help you if the worst happened.

At a glance:

  • Lump sum payment for over 30 specified medical conditions, death* and total and permanent disablement
  • Partial Recovery Benefit which pays up to 20% of the sum insured for events such as early stage cancers
  • Automatic increases in cover
  • Loyalty rewards
  • $10,000 premium-free Child Cover
  • 24 hour worldwide cover

No matter how healthy your lifestyle, it's worth considering the benefits of recovery cover with Suncorp Recovery.

Suncorp Recovery Package or Recovery Stand Alone are designed to pay a benefit if you:

  • Suffer a listed serious medical condition; or
  • Undergo a listed procedure; or
  • Become totally and permanently disabled

Optional Benefits

  • Recovery Plus Option - increased claim payments for certain events
  • Recovery Reinstatement Option
  • Child Cover Option

It’s a common misconception that insurance is expensive, when actually the opposite is true. It's the impact of not having cover that could cost you everything.

The table below indicates how much insurance you can purchase, starting from only $2 per day.

Life, TPD and Recovery (packaged product)
$2 per day can insure a lump sum of up to...
Age Male (Electrician - licensed) Female (Nurse - registered)
30 $296,876 $272,427
35 $251,697 $207,532
40 $174,131 $158,643
45 $97,195 $106,444
Assumptions: non smoker, stepped premium, paid annually, own occupation TPD

Product Disclosure Statement

*Please refer to the Suncorp Lifeguard Product Disclosure Statement and Policy Information Update for full terms and conditions.

This is general advice and does not take into account your objectives, financial situation or needs. Before acting on this general advice you should consider the Product Disclosure Statement and the appropriateness of the advice having regard to your objectives, financial situation and needs and consult your financial adviser.

Suncorp Lifeguard is jointly issued by Asteron Life Limited ABN 64 001 698 228 AFSL 237903 (Asteron Life) and Suncorp Portfolio Services Limited ABN 61 063 427 958 AFSL 237905 RSE L0002059,(SPSL) subsidiaries of Suncorp Metway Limited ABN 66 010 831 722. Before deciding to acquire or to continue to hold the product please read the Product Disclosure Statement and Policy Information Update.
The obligations of Asteron Life and SPSL are not guaranteed by any other company in the Suncorp group. This product is not a bank deposit or other bank liability.

 
 
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