Intrust Super’s Best Value Insurance in Super just got even better – again!
We have followed up our income protection premium reduction with the announcement of a 7 per cent reduction to our life and total disability insurance.
The new reduced premium rates will take effect from 1 January 2018 and, like the income protection policy, will be locked in for the next three years.
Our suite of insurance options have won Money magazine’s ‘Best of the Best Value Insurance in Super’ award for the last five consecutive years. The reduction to premiums will further enhance the net benefit outcome for our members who are taking advantage of the multi-award winning insurance cover.
Chief Executive Officer Brendan O’Farrell said reducing insurance premiums would ultimately boost the retirement savings of participating members.
“We are so pleased to have been able to achieve this fantastic outcome again for members. Being able to reduce the income protection premiums in October was a great result. But to also reduce the premiums for our Group Life cover as well, is such an outstanding outcome for our members,” Mr O’Farrell said.
“It is so important to not only protect our members and their families, but also their super balances. Intrust Super continues to work hard to deliver insurance that meets our members’ needs on a cost, coverage and accessibility basis.”