Members can take out additional cover
You can apply for extra Death and TPD insurance at any time. So, instead of having just one unit of cover, you can, say, have two or three units. The cost for the additional cover is worked out on a per unit basis and will depend on how much cover you want.
Applications for additional cover can be made:
- online through the Insurance menu of your online account; or
- by completing a Short Personal Statement form if you wish to apply for, or increase your Death only or Death and TPD up to a maximum of $500,000 (including any existing cover with Club Plus Super); or
- by completing a Personal Statement form
The maximum Death cover that can be provided is $5,000,000 and the maximum TPD cover that can be provided is $3,000,000. The maximum Income Protection benefit is $30,000 per month.
Members can vary their cover
- Death-only cover
You can choose to cancel the TPD cover attached to your Death cover by calling us on 1800 680 627 or by completing an Insurance Variation, Cancellation or Reduction form.
- Fixed cover
If you wish to ensure that your Death & TPD cover does not reduce over time, you can change from unitised cover to fixed cover. The cost of this cover will vary each year based on your age. Full details on the cost of this cover can be viewed in the Industry Insurance Booklet and the Personal Insurance Booklet.