iTerm
The long-running flagship term (~2009–2022), renamed into Star Term Protect. No longer on Income Insurance’s current term-life page — existing policies continue on their original contract terms.
iTerm (contract code TAN14) was Income's flagship term plan for over a decade — a non-participating regular-premium term covering death, terminal illness and TPD (before 70), sold from at least January 2009 until the September 2022 corporatisation.
Its chassis survives almost unchanged in Star Term Protect (TAN19): 5–35-year terms or to age 54/64/74, guaranteed 5-year renewals to age 84, no cash value and no conversion privilege. Income's old iTerm FAQ URL now serves the Star Term Protect page — the rename is visible in the plumbing.
What’s publicly known
What isn’t published
- Exact launch date (on shelf by Jan 2009; earlier history unspecified publicly)
- Final withdrawal notice (succession inferred from the TAN19 Sep 2022 contract and third-party reviews)
Still holding a iTerm policy?
An adviser can help you:
- Read your original policy contract and confirm exactly what it still covers
- Compare keeping it against replacing it — legacy plans are sometimes worth keeping
- Check whether current Income Insurance plans fill any gaps it leaves
Sources
- compareFIRST product summary — iTerm (TAN14, Jun 2021)
- Income 'Back to Basics' campaign press release (12 Jan 2009)
- Star Term Protect contract (TAN19, Sep 2022)
- DollarBureau iTerm review
Legacy-plan information is compiled from limited public materials and third-party overviews — never rely on it for a decision about an in-force policy. Your policy document is the only authoritative description of your cover. Confirm with Income Insurance or a licensed financial adviser.