Income Protection cover

Take the time you need to recover knowing you’ll still have an income if illness or injury stops you from working.

How Income Protection cover works

  • What’s built into your membership

    Most members receive a basic level of Income Protection cover based on their age at the time of joining. As basic Income Protection cover is provided automatically, no health information is needed. It provides a benefit for up to two years.

    Income Protection is available from age 15 up until you turn 70. So if it’s not provided automatically you can apply for it.

  • When you’ll be protected

    If you’re unable to work because of illness or injury, your income protection cover may provide you with an amount of cover up to a maximum of 85% of your salary (75% salary, plus 10% super) or up to $30,000 a month (whichever is less). See our insurance guide for details about making a claim.

  • Important things to know

    • Your basic Income Protection cover is provided with a benefit payment period of up to two years but you can apply for a longer benefit payment period of up to age 65.
    • Income Protection cover has a waiting period of either 30 or 60 days. This is how long you’ll need to wait for your benefits to start being paid. The default waiting period is 60 days. You can change it to 30 days, but it’ll cost more. Benefits are paid a month in arrears.
    • If you’re aged 15–24 or 55–69 when you join, Income Protection cover is not provided automatically. You can still apply for it after joining.
    • If you’re under 25 when you join (and haven’t made any changes to your cover), your Income Protection cover may start automatically when you turn 25.
    • If you’re 25 or older when you join, you’ll keep the same level of cover unless you change it.
    • Your cover may be limited cover. To learn more, read our Insurance in your super guide.

How to increase or change your cover

For information about increasing or changing your income protection cover, refer to your relevant insurance plan.

Learn More

The cost of Income Protection cover

The cost of your Income Protection cover depends on your amount of cover, age, work rating, benefit payment period and waiting period. The cost of your cover is automatically deducted from your super account.

The easiest way to calculate how much cover you’ll need and what it’ll cost is by using our Insurance calculator.

Go to calculator

Want to know more?

To learn about Income Protection cover in more detail, download one of the Insurance in your super guides below.

Insurance guide - pdf, 3.9MB

Insurance guide (Public Sector Division) - pdf, 3.8MB

Insurance guide (Finsuper Division) - pdf, 3.9MB

AustralianSuper insurance is provided by TAL Life Limited (the Insurer) ABN 70 050 109 450 AFSL 237848.
AustralianSuper insurance for the Public Sector Division is provided by MetLife Insurance Limited ABN 75 004 274 882 AFSL 283 096 (‘MetLife’ or ‘Insurer’).

How do I cancel my AustralianSuper insurance?

You can cancel your insurance cover through:

  1.  your online account*, or
  2.  complete and submit a Cancel your insurance form  

*This option is not available for Public Sector Division members.

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