Applying for insurance can be time consuming and complicated (unfortunately it’s the nature of the beast!). So we’ve worked with our insurer to provide our members with an easier and more simplified way of applying for, or increasing cover.
Our new online application, which will be available in the coming months, will speed up the application process, reduce the amount of follow up that is required and hopefully leave you stress free.
To access the online application you’ll need to be registered for online member services.
Our insurance needs vary over time. When we’re young with limited financial responsibilities we may not need much insurance cover. But as we purchase assets and increase our personal and family commitments, we’re likely to need more insurance cover.
So to help you make sure you have the most appropriate cover, we’ve made it easier for you to increase your insurance at various ‘life stages’.
What do we mean by life stage?
If you pass one of these milestones (or if you think we need some more milestones, let us know – we’re happy to consider it) you’re entitled to request an increase in cover of one additional unit of cover without having to complete the normal underwriting process.
We understand that one of the factors that may influence your decision to retain membership in another super fund is your insurance arrangements. So if you have cover at another fund, we’ll match it (up to $1 million or $10,000 per month Income Protection cover) if you move your super account balance to Prime Super.
Contact your local representative
The advice contained on the Prime Super website does not take into account your particular objectives, needs or financial situation. Before making a decision regarding the acquisition or disposal of a financial product, you should assess whether the advice is appropriate to your objectives, needs or financial situation. You may wish to make this assessment yourself or seek the help of an adviser. Prime Super takes no responsibility for you acting on the information provided. Any decision that you make is at your own risk. Before acquiring a financial product you should obtain a Product Disclosure Statement (PDS) relating to that product and consider the contents of the PDS before making a decision about whether to acquire the product.
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