Extra Income Insurance means even more protection

Employed, but not getting enough income insurance benefits to help protect your future? We created this cover for you. We offer you supplemental coverage, paid out as a lump sum, that will secure additional benefits to help you pay your expenses during a health crisis.

Income insurance is something we don't talk about enough.

Let's face it, life happens. Sometimes we end up with health conditions that are out of our control. Asteya is the smartest way to keep your wellbeing and quality of life secure.

  • By age 42 people are 4x more likely to have an injury or health complications than they are to die during their working years.

  • 1 out of 3 people will be unable to work due to wellness complications at some point before retiring.

  • Women have a 54% chance of becoming seriously ill or injured during their working years.

Protecting your full income against potential risk is a responsible financial priority.

Some of your earnings may not be covered by regular insurance. This can create a risk on your savings in case of an unforeseen health crisis. Asteya's Extra Income Insurance helps you cover your expenses, so you can maintain your financial wellness.

  • Meet Jade.

    Jade is lucky enough to have a Disability Insurance benefit through her employer, which means a percentage of her income would be kept safe should Jade suddenly fall critically sick.

    This way, she'll be able to keep paying her typical financial expenses, like loans, mortgage and car payments as well as setting aside a savings.

  • But what Jade doesn't know is that she looses 20% of her coverage amount as it's a tax-deductible benefit, leaving her with 40% of coverage on her income.

  • With Asteya's super affordable Extra Income Insurance, the Gap in Jade's benefit can be filled at a low cost.

    Secure your income,
    secure a peace of mind.

Insuring your income empowers your future.

You're only a few minutes away from the peace of mind that comes from protecting your income.

See your quote in seconds and your policy in minutes.

We'll give you an income insurance quote in seconds. You don't even have to fill out an application or provide personal details.

When you're ready, buy your policy entirely online in less than 5 minutes and have it instantly delivered to your inbox.

  • No waiting times
  • No needles
  • No doctor appointments

Affordable & tailored coverage starting at just $6/month.

Our goal was to create affordable income insurance coverage that meets your needs. Pay monthly or annually with no hidden fees.

In some cases, losing up to 40% of your income can dramatically impact your financial wellness.

Extra Income Insurance helps make up for a portion of the 40% shortfall. An additional bonus — when you purchase the policy as an individual, it's a tax-free benefit.

Our customer experience team is here to support you.

We want to help you get income insurance coverage as quickly and easily as possible. If you have questions, our team is here to guide your experience through the online process.

Income Insurance Resource Center

Take a quick read over everything you need to know about individual income insurance.

  • Extra Income Insurance is a supplemental cover for employed individuals who have disability insurance through their employers. However, some individuals need an additional coverage to ensure that the majority of their income is protected during a health crisis. It can be customized to each individual’s need up to $500,000.

  • Self-employed income insurance is for individuals who aren't provided group disability insurance through their employer. Freelancers, independent contractors and entrepreneurs are typical amongst those without traditional coverage from an employer and should safeguard their financial future with self-employed income insurance. Extra income insurance is for individuals who do have group disability insurance through their employment but need to ensure sufficient supplement insurance coverage in the case of an accident or long-term illness preventing them from returning to work that could be compromised by tax deductions or limited provisions.

  • When provided, group disability insurance plans are designed to cover up to 60% of your earned income in the case of falling critically sick or being injured and left unable to work. However, as they are provided by your employer, the government identifies them as a tax deductible benefit, leaving individuals with only around 40% coverage. If you are suddenly unable to work, being left with less than 50% of your income could be devastating.

  • We value your trust in us. That's why we're working with the best insurance carriers in the industry. Lloyds syndicates are rated AA- (Very Strong) Insurer Financial Strength rating from Fitch, A+ (Strong) from Standard & Poor's, A (Excellent) rating from A.M. Best. Munich Re is rated AA- (Very Strong) Insurer Financial Strength rating from Fitch and A+ (Superior) rating from A.M. Best.

  • Please contact us at support@asteya.world and share the problem with them. Alternatively, you can chat with our live support agents. They're happy to try to help you instantly, when possible.

  • Unfortunately, you can't change the standard covers of our extra income insurance at this stage. We're working hard on bringing more flexibility to our next product.

  • At Asteya, we're focused on bringing value to you! By considering extra income insurance from us, you can benefit from::

    • Speed. We're the first company to issue instant policies - delivered to you in just a few minutes.
    • Simplicity. We don't require any past financial data or medical information from you. We trust what you say on your application and don't verify any of the information until you claim.
    • Trust. We are backed by A-rated carriers who have your back.
    • Affordability. We offer the most affordable income insurance product on the market.
  • The benefit amount that you should get will always depend on your specific financial needs, your current savings, and your expected and ongoing lifestyle costs. There are a few rules of thumb that may be helpful for you when determining how much benefit amount to select. First, consider what is the minimum financial support you'd like to provide yourself and (if applicable) your family, to cover their day-to-day expenses. Second, factor in if you have any debt that you have to service. Third, subtract your savings and existing income insurance coverage if you have any from other sources. This should help you estimate the benefit amount to select. In case you need more support, please chat with one of our licensed agents, they're available to help!

  • We're all about speed and efficiency. Typically, getting from a quote to policy for income insurance can take up to six months! Instead, we use the sensitive information that you provide us during the application process to help our underwriting partners give you an instant decision in real-time. We don't ask for any information that is not necessary to provide you with an instant decision and avoid the lengthy process that you might encounter with traditional insurers. The information that you provide also helps us offer you the most accurate and best price that we can provide. We assure you that all of your data is stored securely and will never be sold to third parties.

  • Asteya partnered with Stripe to make payment simple and secure. We don't collect your payment details, and we don't store your billing information. Stripe handles this. Also, your premium payment is directly sent to our insurance partners, who will issue your policy. We'll never charge you without your consent. We'll only charge you when we issue your policy -- and on the policy effective date. Currently, we accept the following forms of payment: Debit and Credit cards (Visa, Mastercard, American Express, JCB, and Discover). We'll notify you if the credit card on file has expired -- this way, we can help ensure that there are no missed payments, which would cause your coverage to lapse.

  • No medical exam is required to apply for an Asteya Extra Income Insurance. All you have to do is answer a few simple medical questions during our application process to receive an income insurance policy.

  • We use a rigorous set of algorithms that tackle questions about you, your lifestyle, health, and medical history. We also use third-party integrations and other factors to underwrite policies as effectively as they would be with a medical exam.

  • Extra Income Insurance is compromised of an immediate financial settlement to enable you to swiftly adapt to whatever challenge you might be facing. The supplemental insurance coverage offered is tailored to the individuals needs and can be up to $500,000 so the cost of each policy is based on the requirements of the individual.

  • If you're uncomfortable with your benefit amount, you're able to change it as long as the policy hasn't been issued.

  • At Asteya, we built our income insurance products for people who value time, efficiency, and speed. Once you complete your payment, your policy will be in your inbox. You can apply for income insurance coverage with our online application, get approved, and even be immediately covered within the next few minutes. Please note that every application is underwritten individually. For some available products, we might refer your application to our underwriting partners. Under these circumstances, the process might extend to a few weeks, depending on specific requirements.

  • Asteya's extra income insurance starts as low as $6/month, making it one of the most affordable products in the market. The premiums increase as the benefit amount you select increases. You can select what fits your budget as well as what would provide you with the best safety net in case an unforeseen health complication occurs. Your premium payment is determined based upon your amount of desired coverage, age, health, family medical history, and other factors. For a quick quote estimate, you can use our online widget on the homepage. It takes seconds and is completely free. There's no obligation to share any personal information to get a quote.

  • Our extra income insurance is set at 2-years for now and cannot be changed. We're working hard on bringing more flexibility to our next product.

  • Unfortunately, you can't change the standard covers of our extra income insurance at this stage. Trust us, we're working hard on bringing more flexibility into our next product

  • Unfortunately, you can't change the standard covers of our extra income insurance at this stage. Trust us, we're working hard on bringing more flexibility into our next product

  • Our extra income insurance product is a lump sum payout designed for the people looking for supplemental insurance coverage. Because the benefit is paid out all at once, there is no benefit period necessary for the product.