Insurance calculator

Disclaimer

The calculator provides illustrative calculations based on stated assumptions only. It has been based on current laws and their interpretation as at today. Calculations are meant to be estimates only and are not intended to be kept or used for any practical purpose. The information resulting from the calculations is not an offer of insurance or a representation of what cover is available to you. It should not be relied upon as a true representation of any actual superannuation entitlements or benefits from any particular scheme. Any insurance benefits paid through your superannuation are subject to the normal conditions of release set out in the superannuation legislation.

Insurance applications may be subject to certain criteria, including the provision of a full or shortened personal statement regarding your health and additional tests as the insurer may require. Increasing your Death, Total & Permanent Disablement (TPD) and Income Protection insurance premiums will reduce your retirement account balance. Before applying for any additional Death, TPD or Income Protection cover, you should always check the total weekly cost of that cover. If your application for additional cover is accepted you must ensure you maintain sufficient funds in your superannuation account to pay for the ongoing premiums.  Cover will cease when there are insufficient funds in your account, meaning that claims made after this will not be paid.

This information doesn’t take your financial needs, circumstances and objectives into account and shouldn’t be used as a substitute for professional advice. It is not therefore intended to be relied on for the purposes of making a decision in relation to a financial product, including a decision in relation to a particular product, fund or strategy. So before making any decision you should consider its appropriateness to your objectives, financial situation and needs. You should also consider obtaining advice from a licensed financial planner. You should also read the Product Disclosure Statement (PDS) at www.austsafe.com.au or call 1300 131 293 in deciding whether to acquire, or to continue to hold, the product.

Members should ensure that they receive written acceptance of cover prior to transferring and verify that they are not disadvantaged by terms and conditions of any new policy.

No liability: Austsafe Pty Limited, its Board of Directors, employees and agents expressly disclaim all liability, direct and indirect, to any person relying either wholly or partially on any information provided by, resulting from, done, shown in or omitted from this calculator. Under no circumstances will AustSafe Super be liable for any loss or damage caused by a user's reliance on information obtained using this calculator.

Your details

Please describe your employment environment by answering the following questions. If you're having difficulty answering these questions, you can proceed without answering and your quote will be calculated on the basis of default standard cover.


Are your duties limited to a clerical, administrative, managerial or professional nature which do not involve any manual work and are completed within an office environment for at least 80% of the time?

Do your duties involve manual/physical work of 20% or more?

What insurance cover do you require?

Death only

pays a lump sum payment if you die or have a terminal illness.

selected

Death and TPD

pays a lump sum payment if you die, have a terminal illness or become totally and permanently disabled (TPD).

selected

Income protection

protects your income if you become disabled and temporarily unable to work due to sickness or injury.

selected

Death and TPD

If you're an existing AustSafe Super member, you may already have two units of automatic Death and TPD insurance. Please login to MemberOnline or call us on 1300 131 293 to check your insurance arrangements.

Type of cover 

whats the difference?

Insurance cover details

(rounded up to the nearest whole unit)

(rounded up to the nearest multiple of $1000)

+

$3.62 first year only (as cover stays the same)

$0.55 first year only (as cover stays the same)

Income protection

Take action

Need help?

Would you like one of our AustSafe Super representatives to call you?

Request a call

Ready to go ahead?

Call 1300 131 293 or complete the Insurance Application Form

Complete form

Summary of cover

Read the Insurance Guide for conditions that apply to this cover.

Policy type Insurance cover  
Death only (including terminal illness)     
TPD    
Subtotal:$4.17
Death only (including terminal illness)     
Subtotal:$0.17
Income protection    
Subtotal:$0.59
Total   per week