October was Breast Cancer awareness month. Breast cancer is the most common cancer in Australian women and in 2012, 14,509 new cases are expected to be diagnosed. Over 800 of these will be women under 40.
Asteron Life have released a new insurance product specifically tailored to women which recognises the different treatment options women have when diagnosed with Breast Cancer.
If you are diagnosed with breast cancer that is classified as invasive, a full payment will be payable under most insurer’s cancer definitions. Big differences however occur when diagnosis occurs at an early stage – usually referred to as Carcinoma in Situ of the Breast.
Prior to the launch of Asteron Life Complete, in order for you to receive a full trauma payment for CIS of the Breast, the insured had to undergo a full mastectomy. Asteron have changed this approach and a full payment is now payable whether the client undergoes a full mastectomy or requires less severe surgery (like a lumpectomy) with follow up treatment. This change recognises the treatment options available and ensures a full payment regardless of which option is chosen.
Of course if neither one of these courses of treatment are required, a partial payment is still payable. All partial payments for cancer are 20% of the sum insured up to $100,000.
Additional benefits
Asteron Life Complete Trauma Plus also provides women with comprehensive cover for other trauma conditions;
- CIS of the female organs is a partial payment of 20% of the sum insured up to $100,000.
- Partial payments for early stage cervical cancer even when diagnosed at CIN3
- Trauma Booster Options which allows you to double the partial benefit payable to 40% of the sum insured capped at $200,000.
To discuss this or other insurance options contact Brent on (07) 4041 2055.
