Having the right level of insurance cover important.

Many people underestimate their financial commitments and find out too late that they don’t have enough.

Circumstances also change, so you need to regularly review your level of insurance cover to ensure you and your family are protected.

When you first completed an AustralianSuper Membership application form, you were given the opportunity to apply for extra insurance 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 and Permanent Disablement (conditions may apply). Default cover is not available to Personal Plan members as all cover is subject to underwriting.

You can find out how much cover you have by logging onto MemberOnline.

How much cover do you need?

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 are underinsured, you can apply to increase or vary your Death, TPD and Income Protection cover at any time.

You can use our budget calculator to estimate whether you have the appropriate level of insurance for your needs.

Start Budget Calculator

You should also consider seeing a qualified financial advisor. Industry Fund Financial Planning (IFFP) offers AustralianSuper members access to fee-for-service financial planning. 

Your insurance details
The type and amount of insurance cover you have with AustralianSuper will depend on a number of factors, and is subject to payment of premiums from your account. If you have had a birthday since the cover date, your insurance cover may differ slightly from the figure displayed when accessing MemberOnline.

For full terms and conditions, please download a copy of the Insurance Guide.