Deciding how much cover you need is tricky. You need to think about:
- ongoing expenses for daily living
- any debts you have (credit card, personal loans, mortgage)
- medical expenses due to illness or injury
- education costs for your children.
Circumstances also change, so you need to regularly review your level of insurance cover to ensure you and your family are protected.
If your personal or financial situation has changed since you became a member of AustralianSuper – you may have married, had children or bought a home - or you think you’re underinsured, you can apply to increase or vary you Death, TPD and Income Protection cover at any time.
To help
work out how much cover you need and how much it will cost, use our
Insurance calculator.
How do I know how much I have?
When you first completed an AustralianSuper Membership application form you were given the opportunity to apply for extra cover. If you didn’t complete a Membership Application form or didn’t apply for extra insurance, you would have been
automatically given the default cover.
Default cover is designed to provide you with a basic level of protection against Death and/or Total & Permanent Disablement (conditions may apply). Default cover is not available to Personal Plan members as you need to supply medical information to apply for cover. For more information please see the
Insurance Guide.
You can find out how much cover you have by logging on to
MemberOnline.