Hardship fund for Asteron customers

It is designed to help them retain cover during difficult financial periods.

It follows a similar announcement by AA Insurance, in which it is a majority shareholder.

“I’m pleased that AA Insurance customers who may be under severe financial pressure now have access to a hardship fund. I’m equally concerned that Vero and Asteron Life customers facing severe financial challenges have access to similar relief which is why we’ve established a separate $2 million Suncorp New Zealand customer hardship fund," said Suncorp chief executive Paul Smeaton.

“We pride ourselves on being there for the moments that matter. Now, more than ever we want to help our customers get through. That’s why we’re putting people first with these commitments to supporting Kiwis under financial pressure.”