What is Life and TPD insurance?

No one likes to think about bad things happening, but it's important that you have measures in place to protect your loved ones should the worst occur. Life insurance provides peace of mind that your family will be looked after financially if you die. Similarly, Total and Permanent Disablement (TPD) insurance covers you and your loved ones if a serious injury or illness permanently prevents you from earning a living.

Intrust Super lets you combine TPD insurance with your Life insurance in one neat package.

 

Why get insurance through your Intrust Super account?

Here are a number of reasons why obtaining Life and TPD insurance cover through Intrust Super is a smart idea:

• The cost of cover is deducted from your superannuation account, not your back pocket.
• It can be cheaper than other options because we've negotiated special rates for our members.
• Our Life insurance is provided on an 'automatic acceptance' basis, which allows you to access the default level of cover without providing medical evidence.

 

What cover can I get?

Our automatic acceptance levels (AAL) are fantastic, offering you cover without medical checks so you don't have to jump through hoops to be covered. All new eligible members are provided with our default level of Life and TPD insurance when they join the fund, which is:

• 2 units of cover for Core Super members
• 3 units of cover for Executive Super members
• 2 units of cover for Select Super members (Limited Cover applies for the first 24 months*).

You can apply for an additional 2 units of Life and TPD cover within 180 days of being eligible without the need to provide medical evidence. You can also reduce your level of cover at any time.

It's important to note that you can hold Life insurance only (i.e. without TPD), but you can't hold TPD insurance without Life insurance or have more TPD insurance than Life insurance.

For more information about our insurance options, what's included and how much it costs, you can download the relevant Intrust Super Product Disclosure Statements here.

If you're a Core Super member or are interested in joining Core Super, you can download our Core Super Insurance 'Other Important Information' document here.

Already a member?

If you're already a member of Intrust Super but don't currently have insurance with us, simply complete the relevant Application for Changes to Insurance Form available on our Forms and Tools page and return it to us. Your application will be sent to our insurer and you will be notified when your requested cover has been approved.

* Limited Cover means an illness diagnosed or an injury that occurred on or after the date that your cover commences.