Why insure through Statewide Super
There are a number of benefits when it comes to having insurance through your super including:
If you were to purchase insurance through a retail insurance company, outside of super, you may pay more because you won’t have the same buying power as a super fund purchasing insurance on behalf of thousands of members.
Premium payments are easy and convenient
You won’t have to remember to arrange insurance payments because we deduct all premiums straight from your super account and they don’t come out of your take-home pay. It’s as easy as that!
Flexibility – select the level of insurance that suits you
Eligible members receive an automatic basic level of up to four units of standard life and TPD insurance based on your age at your last birthday and four units of income protection insurance.
If you want additional insurance (for example,to cover your debts), you can apply to increase your insurance for life and TPD, life only and income protection by using eApply, the online insurance application available in the secure area of our website, Statewide Super Online, or by completing the ‘Insurance application and personal statement’ form.
Insurance through Statewide Super means you have peace of mind in knowing that we’ve got you covered 24 hours a day, seven days a week.
For more information on insurance through Statewide Super, please refer to the ‘Insurance in your super’ booklet.