Transferring insurance to AustralianSuper

Before you transfer insurance to AustralianSuper, there are a few things you need to think about.

Why transfer your insurance to us

You might already have cover with another super fund, an insurer or even your employer. If you’re thinking about transferring your cover to AustralianSuper, it’s important to understand the process, eligibility requirements and implications of transferring insurance before taking action.

Important considerations before you transfer

Download the Insurance in your super guide for more detailed information.

How much can you transfer

Once transferred, your cover can’t exceed the maximum cover amounts, and existing conditions may apply.

Eligibility criteria

To be eligible to transfer your insurance to us:

  • you must be employed (for example: full time, part time or casual) or self employed
  • your current cover with us, or with your other super fund or insurer, can’t have any loadings or exclusions
  • you must have never been declined insurance cover due to medical reasons
  • you’ll need to provide evidence of the cover you have with your other super fund or insurer.

Confirming acceptance before cancelling other insurance

Make sure you wait for confirmation of acceptance before cancelling your existing insurance. You may be eligible to transfer your cover even if your previous super account is closed.

Exclusions, loadings and medical declines

If your current cover with us, or with your other super fund or insurer, has any exclusions and/or loadings, or if you’ve ever had insurance cover declined due to a medical condition, you won’t be eligible to transfer your cover.

Help and advice options before your transfer

Before transferring cover or if you’re not sure you want or need insurance cover, consider getting advice3 to help determine what cover you need and how much (if any) is right for you.
1
2
3
4
5

Find out if you have insurance elsewhere

Check your current insurance coverage by reviewing your existing policies and contacting your other super fund if necessary.

Consolidating your super into your AustralianSuper account doesn’t automatically transfer any insurance cover you have with your other super fund(s). If you want to transfer insurance cover to AustralianSuper, you’ll need to do this before you consolidate your super with us.

More about consolidation

How to transfer

After your cover has been transferred

Manage your insurance

If you already have insurance with AustralianSuper, you can apply to change your cover in your account online.

Applying to transfer your cover

Apply for insurance by logging into your account online.

Log into your account

Disclaimers

  1. Annual before-tax salary earned from your regular job(s), excluding Superannuation Guarantee (SG) contributions.
  2. AustralianSuper insurance is provided by TAL Life Limited (the Insurer) ABN 70 050 109 450, AFSL 237848.
  3. Personal financial product advice is provided under the Australian Financial Services Licence held by a third party and not by AustralianSuper Pty Ltd. Fees may apply.
Back to top