Income Protection can help if you become ill or injured (at any time) and can’t work. It provides monthly payments to support you while you’re not earning your regular salary.
Income Protection can help if you become ill or injured (at any time) and can’t work. It provides monthly payments to support you while you’re not earning your regular salary.
Cover you get when you join
This page explains the key features of insurance for AustralianSuper plan members. If you aren’t a member of AustralianSuper plan, please refer to the Product Disclosure Statement relevant to you.
When you join AustralianSuper plan, you’ll get a basic level of Income Protection once you’re eligible without providing any health information to the Insurer.
Your cover is age based, so the amount and cost of it changes as you get older.
You’ll get a benefit payment period up to two years with a 60–day waiting period.
You’re eligible to receive basic cover automatically if you’re 25 or older; and your super balance reaches $6,000; and you’ve received an employer super contribution after you meet both age and balance requirements (other conditions apply). The cost is deducted monthly from your super account, so you’ll need to have enough money in your super account to pay for your cover.
What age-based cover will I get and how much will it cost?
Select your age to see how much cover you can get and the cost of it.
Assumptions
Age-based cover amounts and costs are for members in our AustralianSuper plan, with a Blue Collar individual work rating, and Income Protection with a 60-day waiting period and a benefit payment period up to two years. You should check the Product Disclosure Statement for important information about insurance.
If you’re an AustralianSuper Select member, details about your cover and costs are in the AustralianSuper Select booklet for your employer. Find your booklet here.
Tell us your age
Age: 15
Death cover
Amount: $20,000
Weekly cost: $0.14
Total & Permanent Disablement cover
Amount: $10,000
Weekly cost: $0.10
Income Protection
Amount (a month): $1,000
Weekly cost: $0.11
Total weekly cost of cover: $0.35
Costs are deducted monthly from your super account.
Age: 16
Death cover
Amount: $20,000
Weekly cost: $0.14
Total & Permanent Disablement cover
Amount: $10,000
Weekly cost: $0.10
Income Protection
Amount (a month): $1,000
Weekly cost: $0.11
Total weekly cost of cover: $0.35
Costs are deducted monthly from your super account.
Age: 17
Death cover
Amount: $20,000
Weekly cost: $0.14
Total & Permanent Disablement cover
Amount: $10,000
Weekly cost: $0.10
Income Protection
Amount (a month): $1,000
Weekly cost: $0.11
Total weekly cost of cover: $0.35
Costs are deducted monthly from your super account.
Age: 18
Death cover
Amount: $50,000
Weekly cost: $0.35
Total & Permanent Disablement cover
Amount: $20,000
Weekly cost: $0.19
Income Protection
Amount (a month): $1,500
Weekly cost: $0.17
Total weekly cost of cover: $0.71
Costs are deducted monthly from your super account.
Age: 19
Death cover
Amount: $50,000
Weekly cost: $0.36
Total & Permanent Disablement cover
Amount: $20,000
Weekly cost: $0.19
Income Protection
Amount (a month): $1,500
Weekly cost: $0.17
Total weekly cost of cover: $0.72
Costs are deducted monthly from your super account.
Age: 20
Death cover
Amount: $50,000
Weekly cost: $0.36
Total & Permanent Disablement cover
Amount: $20,000
Weekly cost: $0.19
Income Protection
Amount (a month): $1,500
Weekly cost: $0.17
Total weekly cost of cover: $0.72
Costs are deducted monthly from your super account.
Age: 21
Death cover
Amount: $50,000
Weekly cost: $0.36
Total & Permanent Disablement cover
Amount: $20,000
Weekly cost: $0.20
Income Protection
Amount (a month): $1,500
Weekly cost: $0.20
Total weekly cost of cover: $0.76
Costs are deducted monthly from your super account.
Age: 22
Death cover
Amount: $100,000
Weekly cost: $0.72
Total & Permanent Disablement cover
Amount: $40,000
Weekly cost: $0.39
Income Protection
Amount (a month): $1,900
Weekly cost: $0.29
Total weekly cost of cover: $1.40
Costs are deducted monthly from your super account.
Age: 23
Death cover
Amount: $100,000
Weekly cost: $0.73
Total & Permanent Disablement cover
Amount: $40,000
Weekly cost: $0.39
Income Protection
Amount (a month): $1,900
Weekly cost: $0.32
Total weekly cost of cover: $1.44
Costs are deducted monthly from your super account.
Age: 24
Death cover
Amount: $100,000
Weekly cost: $0.74
Total & Permanent Disablement cover
Amount: $40,000
Weekly cost: $0.39
Income Protection
Amount (a month): $1,900
Weekly cost: $0.38
Total weekly cost of cover: $1.51
Costs are deducted monthly from your super account.
Age: 25
Death cover
Amount: $116,000
Weekly cost: $0.88
Total & Permanent Disablement cover
Amount: $48,000
Weekly cost: $0.42
Income Protection
Amount (a month): $1,900
Weekly cost: $0.40
Total weekly cost of cover: $1.70
Costs are deducted monthly from your super account.
Age: 26
Death cover
Amount: $132,000
Weekly cost: $1.03
Total & Permanent Disablement cover
Amount: $52,000
Weekly cost: $0.49
Income Protection
Amount (a month): $2,000
Weekly cost: $0.48
Total weekly cost of cover: $2.00
Costs are deducted monthly from your super account.
Age: 27
Death cover
Amount: $147,000
Weekly cost: $1.19
Total & Permanent Disablement cover
Amount: $56,000
Weekly cost: $0.55
Income Protection
Amount (a month): $2,200
Weekly cost: $0.57
Total weekly cost of cover: $2.31
Costs are deducted monthly from your super account.
Age: 28
Death cover
Amount: $161,000
Weekly cost: $1.35
Total & Permanent Disablement cover
Amount: $58,000
Weekly cost: $0.60
Income Protection
Amount (a month): $2,300
Weekly cost: $0.67
Total weekly cost of cover: $2.62
Costs are deducted monthly from your super account.
Age: 29
Death cover
Amount: $175,000
Weekly cost: $1.51
Total & Permanent Disablement cover
Amount: $61,000
Weekly cost: $0.71
Income Protection
Amount (a month): $2,400
Weekly cost: $0.74
Total weekly cost of cover: $2.96
Costs are deducted monthly from your super account.
Age: 30
Death cover
Amount: $178,000
Weekly cost: $1.57
Total & Permanent Disablement cover
Amount: $61,000
Weekly cost: $0.77
Income Protection
Amount (a month): $2,500
Weekly cost: $0.90
Total weekly cost of cover: $3.24
Costs are deducted monthly from your super account.
Age: 31
Death cover
Amount: $182,000
Weekly cost: $1.67
Total & Permanent Disablement cover
Amount: $60,000
Weekly cost: $0.83
Income Protection
Amount (a month): $2,600
Weekly cost: $1.01
Total weekly cost of cover: $3.51
Costs are deducted monthly from your super account.
Age: 32
Death cover
Amount: $183,000
Weekly cost: $1.79
Total & Permanent Disablement cover
Amount: $59,000
Weekly cost: $0.91
Income Protection
Amount (a month): $2,700
Weekly cost: $1.16
Total weekly cost of cover: $3.86
Costs are deducted monthly from your super account.
Age: 33
Death cover
Amount: $183,000
Weekly cost: $1.87
Total & Permanent Disablement cover
Amount: $57,000
Weekly cost: $0.97
Income Protection
Amount (a month): $2,800
Weekly cost: $1.34
Total weekly cost of cover: $4.18
Costs are deducted monthly from your super account.
Age: 34
Death cover
Amount: $183,000
Weekly cost: $1.94
Total & Permanent Disablement cover
Amount: $56,000
Weekly cost: $1.04
Income Protection
Amount (a month): $2,900
Weekly cost: $1.51
Total weekly cost of cover: $4.49
Costs are deducted monthly from your super account.
Age: 35
Death cover
Amount: $180,000
Weekly cost: $2.02
Total & Permanent Disablement cover
Amount: $53,000
Weekly cost: $1.09
Income Protection
Amount (a month): $3,000
Weekly cost: $1.68
Total weekly cost of cover: $4.79
Costs are deducted monthly from your super account.
Age: 36
Death cover
Amount: $178,000
Weekly cost: $2.10
Total & Permanent Disablement cover
Amount: $51,000
Weekly cost: $1.17
Income Protection
Amount (a month): $3,000
Weekly cost: $1.80
Total weekly cost of cover: $5.07
Costs are deducted monthly from your super account.
Age: 37
Death cover
Amount: $174,000
Weekly cost: $2.16
Total & Permanent Disablement cover
Amount: $49,000
Weekly cost: $1.23
Income Protection
Amount (a month): $3,000
Weekly cost: $1.95
Total weekly cost of cover: $5.34
Costs are deducted monthly from your super account.
Age: 38
Death cover
Amount: $171,000
Weekly cost: $2.27
Total & Permanent Disablement cover
Amount: $47,000
Weekly cost: $1.28
Income Protection
Amount (a month): $3,100
Weekly cost: $2.17
Total weekly cost of cover: $5.72
Costs are deducted monthly from your super account.
Age: 39
Death cover
Amount: $166,000
Weekly cost: $2.31
Total & Permanent Disablement cover
Amount: $45,000
Weekly cost: $1.35
Income Protection
Amount (a month): $3,100
Weekly cost: $2.29
Total weekly cost of cover: $5.95
Costs are deducted monthly from your super account.
Age: 40
Death cover
Amount: $160,000
Weekly cost: $2.40
Total & Permanent Disablement cover
Amount: $43,000
Weekly cost: $1.40
Income Protection
Amount (a month): $3,100
Weekly cost: $2.48
Total weekly cost of cover: $6.28
Costs are deducted monthly from your super account.
Age: 41
Death cover
Amount: $154,000
Weekly cost: $2.48
Total & Permanent Disablement cover
Amount: $40,000
Weekly cost: $1.42
Income Protection
Amount (a month): $3,100
Weekly cost: $2.64
Total weekly cost of cover: $6.54
Costs are deducted monthly from your super account.
Age: 42
Death cover
Amount: $146,000
Weekly cost: $2.51
Total & Permanent Disablement cover
Amount: $37,000
Weekly cost: $1.44
Income Protection
Amount (a month): $3,100
Weekly cost: $2.85
Total weekly cost of cover: $6.80
Costs are deducted monthly from your super account.
Age: 43
Death cover
Amount: $140,000
Weekly cost: $2.58
Total & Permanent Disablement cover
Amount: $34,000
Weekly cost: $1.45
Income Protection
Amount (a month): $3,100
Weekly cost: $3.04
Total weekly cost of cover: $7.07
Costs are deducted monthly from your super account.
Age: 44
Death cover
Amount: $131,000
Weekly cost: $2.62
Total & Permanent Disablement cover
Amount: $32,000
Weekly cost: $1.48
Income Protection
Amount (a month): $3,100
Weekly cost: $3.62
Total weekly cost of cover: $7.36
Costs are deducted monthly from your super account.
Age: 45
Death cover
Amount: $124,000
Weekly cost: $2.67
Total & Permanent Disablement cover
Amount: $29,000
Weekly cost: $1.46
Income Protection
Amount (a month): $3,100
Weekly cost: $3.50
Total weekly cost of cover: $7.63
Costs are deducted monthly from your super account.
Age: 46
Death cover
Amount: $115,000
Weekly cost: $2.69
Total & Permanent Disablement cover
Amount: $27,000
Weekly cost: $1.48
Income Protection
Amount (a month): $3,100
Weekly cost: $3.78
Total weekly cost of cover: $7.95
Costs are deducted monthly from your super account.
Age: 47
Death cover
Amount: $107,000
Weekly cost: $2.72
Total & Permanent Disablement cover
Amount: $23,000
Weekly cost: $1.37
Income Protection
Amount (a month): $3,000
Weekly cost: $3.90
Total weekly cost of cover: $7.99
Costs are deducted monthly from your super account.
Age: 48
Death cover
Amount: $98,000
Weekly cost: $2.70
Total & Permanent Disablement cover
Amount: $21,000
Weekly cost: $1.35
Income Protection
Amount (a month): $3,000
Weekly cost: $4.14
Total weekly cost of cover: $8.19
Costs are deducted monthly from your super account.
Age: 49
Death cover
Amount: $90,000
Weekly cost: $2.72
Total & Permanent Disablement cover
Amount: $19,000
Weekly cost: $1.33
Income Protection
Amount (a month): $3,000
Weekly cost: $4.44
Total weekly cost of cover: $8.49
Costs are deducted monthly from your super account.
Age: 50
Death cover
Amount: $80,000
Weekly cost: $2.65
Total & Permanent Disablement cover
Amount: $17,000
Weekly cost: $1.30
Income Protection
Amount (a month): $3,000
Weekly cost: $4.77
Total weekly cost of cover: $8.72
Costs are deducted monthly from your super account.
Age: 51
Death cover
Amount: $72,000
Weekly cost: $2.62
Total & Permanent Disablement cover
Amount: $15,000
Weekly cost: $1.26
Income Protection
Amount (a month): $3,000
Weekly cost: $5.10
Total weekly cost of cover: $8.98
Costs are deducted monthly from your super account.
Age: 52
Death cover
Amount: $63,000
Weekly cost: $2.52
Total & Permanent Disablement cover
Amount: $13,000
Weekly cost: $1.20
Income Protection
Amount (a month): $2,900
Weekly cost: $5.25
Total weekly cost of cover: $8.97
Costs are deducted monthly from your super account.
Age: 53
Death cover
Amount: $54,000
Weekly cost: $2.38
Total & Permanent Disablement cover
Amount: $11,000
Weekly cost: $1.12
Income Protection
Amount (a month): $2,900
Weekly cost: $5.63
Total weekly cost of cover: $9.13
Costs are deducted monthly from your super account.
Age: 54
Death cover
Amount: $46,000
Weekly cost: $2.25
Total & Permanent Disablement cover
Amount: $10,000
Weekly cost: $1.14
Income Protection
Amount (a month): $2,900
Weekly cost: $6.00
Total weekly cost of cover: $9.39
Costs are deducted monthly from your super account.
Age: 55
Death cover
Amount: $37,000
Weekly cost: $2.00
Total & Permanent Disablement cover
Amount: $9,000
Weekly cost: $1.13
Income Protection
Amount (a month): $2,800
Weekly cost: $6.22
Total weekly cost of cover: $9.35
Costs are deducted monthly from your super account.
Age: 56
Death cover
Amount: $30,000
Weekly cost: $1.81
Total & Permanent Disablement cover
Amount: $7,000
Weekly cost: $0.98
Income Protection
Amount (a month): $2,800
Weekly cost: $6.61
Total weekly cost of cover: $9.40
Costs are deducted monthly from your super account.
Age: 57
Death cover
Amount: $22,000
Weekly cost: $1.48
Total & Permanent Disablement cover
Amount: $6,000
Weekly cost: $0.96
Income Protection
Amount (a month): $2,800
Weekly cost: $7.06
Total weekly cost of cover: $9.50
Costs are deducted monthly from your super account.
Age: 58
Death cover
Amount: $15,000
Weekly cost: $1.13
Total & Permanent Disablement cover
Amount: $6,000
Weekly cost: $1.09
Income Protection
Amount (a month): $2,800
Weekly cost: $7.53
Total weekly cost of cover: $9.75
Costs are deducted monthly from your super account.
Age: 59
Death cover
Amount: $9,000
Weekly cost: $0.76
Total & Permanent Disablement cover
Amount: $6,000
Weekly cost: $1.26
Income Protection
Amount (a month): $2,700
Weekly cost: $7.72
Total weekly cost of cover: $9.74
Costs are deducted monthly from your super account.
Age: 60
Death cover
Amount: $9,000
Weekly cost: $0.85
Total & Permanent Disablement cover
Amount: $5,000
Weekly cost: $1.10
Income Protection
Amount (a month): $2,700
Weekly cost: $8.24
Total weekly cost of cover: $10.19
Costs are deducted monthly from your super account.
Age: 61
Death cover
Amount: $9,000
Weekly cost: $0.96
Total & Permanent Disablement cover
Amount: $5,000
Weekly cost: $1.34
Income Protection
Amount (a month): $2,600
Weekly cost: $8.48
Total weekly cost of cover: $10.78
Costs are deducted monthly from your super account.
Age: 62
Death cover
Amount: $9,000
Weekly cost: $1.09
Total & Permanent Disablement cover
Amount: $5,000
Weekly cost: $1.58
Income Protection
Amount (a month): $2,600
Weekly cost: $9.02
Total weekly cost of cover: $11.69
Costs are deducted monthly from your super account.
Age: 63
Death cover
Amount: $9,000
Weekly cost: $1.19
Total & Permanent Disablement cover
Amount: $5,000
Weekly cost: $1.82
Income Protection
Amount (a month): $2,600
Weekly cost: $9.59
Total weekly cost of cover: $12.60
Costs are deducted monthly from your super account.
Age:64
Death cover
Amount: $9,000
Weekly cost: $1.23
Total & Permanent Disablement cover
Amount: $5,000
Weekly cost: $2.08
Income Protection
Amount (a month): $2,500
Weekly cost: $9.85
Total weekly cost of cover: $13.16
Costs are deducted monthly from your super account.
Age:65
Death cover
Amount: $9,000
Weekly cost: $1.28
Total & Permanent Disablement cover
Amount: n/a
Weekly cost: n/a
Income Protection
Amount (a month): $2,400
Weekly cost: $10.08
Total weekly cost of cover: $11.36
Costs are deducted monthly from your super account.
Age:66
Death cover
Amount: $9,000
Weekly cost: $1.33
Total & Permanent Disablement cover
Amount: n/a
Weekly cost: n/a
Income Protection
Amount (a month): $2,400
Weekly cost: $10.68
Total weekly cost of cover: $12.01
Costs are deducted monthly from your super account.
Age: 67
Death cover
Amount: $9,000
Weekly cost: $1.38
Total & Permanent Disablement cover
Amount: n/a
Weekly cost: n/a
Income Protection
Amount (a month): $2,300
Weekly cost: $10.90
Total weekly cost of cover: $12.28
Costs are deducted monthly from your super account.
Age:68
Death cover
Amount: $9,000
Weekly cost: $1.43
Total & Permanent Disablement cover
Amount: n/a
Weekly cost: n/a
Income Protection
Amount (a month): $2,200
Weekly cost: $10.54
Total weekly cost of cover: $11.97
Costs are deducted monthly from your super account.
Age: 69
Death cover
Amount: $9,000
Weekly cost: $1.47
Total & Permanent Disablement cover
Amount: n/a
Weekly cost: n/a
Income Protection
Amount (a month): $2,200
Weekly cost: $6.84
Total weekly cost of cover: $8.31
Costs are deducted monthly from your super account.
A few more things
How much your Income
Protection costs depends on your age, the amount of cover you have and
your individual work rating.
Income Protection
is available for ages 15 to 69. If the basic cover you’re automatically provided with doesn't suit your needs you can apply for age-based, fixed or extra (fixed) cover. Apply to change your cover or cancel it anytime.
The maximum amount you can apply for is $30,000 a month or 85% of your pre-disability income (your salary before you were ill or injured), whichever is lower. Up to 75% is paid to you and up to 10% to your super.
You can also choose a different benefit payment period or waiting period. Your benefit payment period is the maximum amount of time benefits may be paid. It can be changed to up to five years or up to age 65. Your waiting period is how long you’ll wait before you start receiving payments and can be changed to 30 days. A longer benefit payment period and a shorter waiting period cost more.
Income Protection covers total or partial disablement only. It doesn’t cover redundancy. Insurance against loss of income from business closure or lack of shifts can’t be provided by super funds.
Want to know more?
You can find out more about Income Protection through AustralianSuper by reading the Insurance in your super guide. You’ll find important information about your insurance options including cover designs, work ratings, changing or cancelling your cover, limited cover, standard exclusions and information about nominating your beneficiaries.
AustralianSuper insurance is provided by TAL Life Limited (the Insurer) ABN 70 050 109 450, AFSL 237848.
Do you have insurance already?
You may already have cover with another super fund, or life insurance you’ve taken out, or your employment EBA includes cover your employer pays for.
If you already have insurance and you’re thinking about transferring it to AustralianSuper, there’s a few things you need to think about before you do.
