What you get with Prime Super

Insurance cover is a valuable inclusion in your super, designed to protect you and your family when you need it most.

Our insurance options can provide you with peace of mind knowing you are covered, should the unexpected occur. These options can be tailored to suit your individual needs and include:

• Death only insurance (includes Terminal Illness)
• Death & Total and Permanent Disability (TPD) insurance (includes Terminal Illness)
• Income Protection insurance.

*Insurance is subject to eligibility, including underwriting assessment for cover over and above Default cover.

Default cover for Prime Super members

When you join Prime Super you are provided with default* Death & TPD cover (with Terminal Illness), which is designed to provide some support to you and your family in the event that you become sick, injured, or die.

There are 4 units of default cover for the Super, Health and Education Divisions. Although the value of the units change based on your age, occupational category and Division.

*Subject to eligibility

Opting in to receive Default insurance cover

If you are under age 25 or have a balance of less than $6000, you will not receive default Death & TPD cover until you meet the eligibility criteria. However, you can opt-in for default cover by making a request in writing to Prime Super or by completing the Member application form for your Division.

Important information

Eligibility criteria, conditions and exclusions apply to insurance cover with Prime Super. Prime Super has three divisions - Super, Health, and Education. You should read the Member Guide before deciding whether the insurance offered is appropriate for you. Please note you will be allocated to the Super division if you are not in the Health or Education divisions.

Insurance premiums are deducted from super balances which can reduce the amount of money available for retirement. If you have a low account balance, or you are no longer receiving contributions to your account, you should consider if maintaining insurance cover is right for you. If you would like information about insurance in super, please visit ASIC's MoneySmart website or speak to a licenced Financial Adviser.