AustralianSuper provides most members with basic insurance cover with their super account. This cover provides a basic level of protection if you die or become ill or injured.
Eligible members receive age-based Death, Total & Permanent Disablement (TPD) and Income Protection cover. Age-based cover is designed to provide a minimum amount of cover for changing needs as you get older.
To check if you have insurance cover with us, log into your account or the mobile app and select the insurance tab. You’ll also be able to see how much you’ve paid for your cover by checking your transaction history.
For more information on the amount of cover you get, how much it costs and when it starts, click on the link to each cover type below.
Benefits of insurance cover through your super
- We work with our insurer to negotiate discounted bulk insurance rates for members.
- We run only to benefit members - you only pay for what it costs to provide your insurance.
- Your insurance costs (premiums) are deducted from your super account each month and not your take-home pay, so payments are hassle free.
Want to know more?
Our Key facts sheet is a quick reference guide and gives you an overview of our insurance offer. You can use it to help you compare our insurance with other funds’ insurance and choose the cover that’s right for you.
We’ve also put together some answers to these FAQs about insurance through your super.
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Are members covered now that the World Health Organisation has declared COVID-19 a pandemic?
Any cover you have with AustralianSuper will continue for 16 months, even if you’re not receiving money into your super account. You’ll need to have enough money in your account to pay for your cover.
After 16 months, unless you’ve received a contribution (excludes investment returns, investment credits and refunds), your cover will stop – but we’ll write to you before this happens. The letter will explain the actions you can take to keep your cover if you want to.
Income Protection through your super provides cover for total or partial disablement only. It doesn’t cover redundancy or lack of shifts. If you’re not earning an income for more than 12 consecutive months, there may be no benefit payable to you.
You can reduce or cancel your cover at any time. Any type of cover you cancel won’t restart if you start receiving employer contributions. You’ll need to reapply and provide detailed health information for the Insurer to consider.
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Can I claim Income Protection benefits if I’ve lost my job because my employer closed their business or I haven’t been given any shifts?
No, income protection covers total or partial disablement only. Insurance against loss of income from business closure or lack of shifts can't be provided by super funds. -
Can I get additional insurance cover and will it cover COVID-19?
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What happens to my insurance if I lose my job?
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What happens to my insurance if I have a reduction in salary?
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Do I need to make any changes to my insurance if I change jobs?
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Will the cost of my cover increase if I make a claim?
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What is a beneficiary?
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What’s the difference between a non-binding and a binding beneficiary?
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Who is the Insurer?
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Where can I find more details about the insurance AustralianSuper offers?